Skip to main content

Nonprofit · EIN 20-4407846

MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · MARLBOROUGH, MA 01752

Financials

$1M$904K2022$1M$1M2023$1.4M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,404,480$1,149,324$255,156$1,761,528$116,984$1,644,544
June 30, 2024990$1,040,121$1,002,816$37,305$1,470,550$81,162$1,389,388
June 30, 2023990$1,008,194$903,545$104,649$1,473,656$121,574$1,352,082
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,404,480
of which government grants
$1,404,480
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$175,751
Compensation of officers, directors and key employees
$127,203
Other salaries and wages
$194,657
Salaries, compensation and benefits (total)
$369,568
Professional fundraising fees
$0
Legal fees
$2,437
Accounting fees
$10,496
Occupancy
$40,898
Travel
$15,326
Depreciation
$10,605
Program services (functional)
$874,077
Management and general (functional)
$275,247

Balance sheet and other

Total assets, start of year
$1,470,550
Total assets, end of year
$1,761,528
Total liabilities, end of year
$116,984
Net assets, end of year
$1,644,544
Land, buildings and equipment
$18,808
Net assets without donor restrictions
$415,152
Net assets with donor restrictions
$1,229,392
Gross receipts
$1,404,480
Employees
7
Volunteers
0
Year formed
2006
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANDREA PIONPRESIDENT
Trustee or director, Officer
1$0
DAVID WALTONVICE PRESIDENT/SECRETARY
Trustee or director, Officer
1$0
DANIEL STANHOPETREASURER
Trustee or director, Officer
1$0
ARTHUR VIGEANTDIRECTOR EMERITUS
Trustee or director, Officer
1$0
MICHAEL OSSINGEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
WILLIAM PEZZONIDIRECTOR EMERITUS
Trustee or director
1$0
RICHARD TOMANEKEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
LUIZ THOMAZEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
BRIAN BOUVIERDIRECTOR
Trustee or director
1$0
ELLEN CARLUCCIDIRECTOR
Trustee or director
1$0
WALTER DWYERDIRECTOR
Trustee or director
1$0
MELYNDA GALLAGHERDIRECTOR
Trustee or director
1$0
BRIAN DOUGLASSDIRECTOR
Trustee or director
1$0
GREG MITRAKASDIRECTOR
Trustee or director
1$0
DAVID MCCAYDIRECTOR
Trustee or director
1$0
17 more people on this return
NameTitleHours / weekCompensation
DIANE MOHIELDIN FRATONIDIRECTOR
Trustee or director
1$0
JOE SANTOSEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
CHRISTOPHER HORBLITDIRECTOR
Trustee or director
1$0
GEORGE ARONSTEINDIRECTOR
Trustee or director, Officer
1$0
MIKE COVINODIRECTOR
Trustee or director, Officer
1$0
STEVE ULISSDIRECTOR
Trustee or director
1$0
MOLLY BRODEUR NESBITTDIRECTOR
Trustee or director
1$0
ARTHUR BERGERONDIRECTOR EMERITUS
Trustee or director
1$0
ROBERT KAYSDIRECTOR EMERITUS
Trustee or director
1$0
JON PEZZONIDIRECTOR
Trustee or director
1$0
LARISSA THURSTONDIRECTOR
Trustee or director
1$0
J CHRISTIAN DUMAISEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
DHARMENDU DAMANYDIRECTOR
Trustee or director
1$0
TYE JORDANDIRECTOR
Trustee or director
1$0
BRYAN SCHNEIDMULLERDIRECTOR
Trustee or director
1$0
MARCUS KEMBLOWSKIDIRECTOR
Trustee or director
1$0
MAURICE PHELANDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 34 people
NameTitleHours / weekCompensation
MEREDITH HARRISEXECUTIVE DIRECTOR
Officer
40$115,158
ANDREA PIONPRESIDENT
Trustee or director, Officer
1$0
DAVID WALTONVICE PRESIDENT/SECRETARY
Trustee or director, Officer
1$0
DANIEL STANHOPETREASURER
Trustee or director, Officer
1$0
ARTHUR VIGEANTFORMER EXECUTIVE COMMITTEE/DIRECTOR EMERITUS
Trustee or director, Officer
1$0
MICHAEL OSSINGEXECUTIVE COMMITTEE/DIRECTOR
Trustee or director, Officer
1$0
WILLIAM PEZZONIDIRECTOR EMERITUS
Trustee or director
1$0
RICHARD TOMANEKEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
LUIZ THOMAZEXECUTIVE COMMITTEE/DIRECTOR
Trustee or director, Officer
1$0
BRIAN BOUVIERDIRECTOR
Trustee or director
1$0
ELLEN CARLUCCIDIRECTOR
Trustee or director
1$0
WALTER DWYERDIRECTOR
Trustee or director
1$0
MELYNDA GALLAGHERDIRECTOR
Trustee or director
1$0
BRIAN DOUGLASSDIRECTOR
Trustee or director
1$0
GREG MITRAKASDIRECTOR
Trustee or director
1$0
DAVID MCCAYDIRECTOR
Trustee or director
1$0
DIANE MOHIELDIN FRATONIDIRECTOR
Trustee or director
1$0
JOE SANTOSEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
CHRISTOPHER HORBLITDIRECTOR
Trustee or director
1$0
MELISSA AUGUSTDIRECTOR
Trustee or director
1$0
STEVE MESSINEODIRECTOR
Trustee or director
1$0
STEVE ULISSDIRECTOR
Trustee or director
1$0
MOLLY BRODEUR NESBITTDIRECTOR
Trustee or director
1$0
ARTHUR BERGERONDIRECTOR EMERITUS
Trustee or director
1$0
ROBERT KAYSDIRECTOR EMERITUS
Trustee or director
1$0
JON PEZZONIDIRECTOR
Trustee or director
1$0
LARISSA THURSTONDIRECTOR
Trustee or director
1$0
MICHAEL MURPHYDIRECTOR EMERITUS
Trustee or director
1$0
J CHRISTIAN DUMAISEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
DHARMENDU DAMANYDIRECTOR
Trustee or director
1$0
TYE JORDANDIRECTOR
Trustee or director
1$0
BRYAN SCHNEIDMULLERDIRECTOR
Trustee or director
1$0
MARCUS KEMBLOWSKIDIRECTOR
Trustee or director
1$0
MAURICE PHELANDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 28 people
NameTitleHours / weekCompensation
MEREDITH HARRISEXECUTIVE DIRECTOR
Officer
40$120,324
ANDREA PIONPRESIDENT
Trustee or director, Officer
1$0
DAVID WALTONVICE PRESIDENT/SECRETARY
Trustee or director, Officer
1$0
DANIEL STANHOPETREASURER
Trustee or director, Officer
1$0
ARTHUR VIGEANTEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
MICHAEL OSSINGEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
WILLIAM PEZZONIDIRECTOR EMERITUS
Trustee or director
1$0
RICHARD TOMANEKEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
LUIZ THOMAZDIRECTOR
Trustee or director
1$0
BRIAN BOUVIERDIRECTOR
Trustee or director
1$0
ELLEN CARLUCCIDIRECTOR
Trustee or director
1$0
WALTER DWYERDIRECTOR
Trustee or director
1$0
MELYNDA GALLAGHERDIRECTOR
Trustee or director
1$0
BRIAN DOUGLASSDIRECTOR
Trustee or director
1$0
GREG MITRAKASDIRECTOR
Trustee or director
1$0
DAVID MCCAYDIRECTOR
Trustee or director
1$0
DIANE MOHIELDIN FRATONIDIRECTOR
Trustee or director
1$0
JOE SANTOSEXECUTIVE COMMITTEE/DIRECT
Trustee or director, Officer
1$0
CHRISTOPHER HORBLITDIRECTOR
Trustee or director
1$0
MELISSA AUGUSTDIRECTOR
Trustee or director
1$0
STEVE MESSINEODIRECTOR
Trustee or director
1$0
STEVE ULISSDIRECTOR
Trustee or director
1$0
MOLLY BRODEUR NESBITTDIRECTOR
Trustee or director
1$0
ARTHUR BERGERONDIRECTOR EMERITUS
Trustee or director
1$0
ROBERT KAYSDIRECTOR EMERITUS
Trustee or director
1$0
JON PEZZONIDIRECTOR
Trustee or director
1$0
LARISSA THURSTONDIRECTOR
Trustee or director
1$0
MICHAEL MURPHYDIRECTOR EMERITUS
Trustee or director
1$0

Address and contacts

Address (IRS master file)
91 MAIN ST STE 204, MARLBOROUGH, MA 01752-3845
In care of
% ROBERT KANE
Principal officer (990 for 2024)
ANDREA PION, 91 MAIN STREET SUITE 204, MARLBOROUGH, MA 01752
Signed the 990
ANDREA PION, PRESIDENT
Phone
(508) 229-2010
Return prepared by
O'CONNOR MALONEY & CO CPA'S

Mission

TO ENHANCE THE POSITION, IMAGE, AND PERCEPTION OF MARLBOROUGH AS A DESIRABLE PLACE TO LIVE, WORK, VISIT AND INVEST IN BY PROMOTING CULTURAL, HISTORICAL, AND ECONOMIC PROGRAMS IN THE CITY.

990 for the year ended June 30, 2025

Program accomplishments

  • TO ENHANCE THE POSITION, IMAGE, AND PERCEPTION OF MARLBOROUGH AS A DESIRABLE PLACE TO LIVE, WORK, VISIT AND INVEST IN BY CULTURAL, HISTORICAL, ECONOMIC PROGRAMS IN THE CITY.
    Expenses $874,077 · grants $175,751

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-4407846
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2006
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,761,528
Income (IRS master file)
$1,404,480

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,404,480$1,149,324$1,761,528XML
990June 2024$1,040,121$1,002,816$1,470,550XML
990June 2023$1,008,194$903,545$1,473,656XML
990June 2022$715,511$736,516$2,378,355IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4407846).

Questions about MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION is 20-4407846.
Is MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2006.
Are donations to MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names ANDREA PION.
Who are the officers and directors of MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 32 people; 0 received compensation from the organization.
How much revenue does MARLBOROUGH ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,404,480, expenses of $1,149,324 and total assets of $1,761,528 at year end.

Other nonprofits in MARLBOROUGH

All nonprofits in MARLBOROUGH · Massachusetts · Community improvement and capacity building