Nonprofit · EIN 22-2975198
MASSCARE CAPITAL INC
Tax-exempt · BOSTON, MA 02110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $20,435 | $18,038 | $2,397 | $450,669 | $20,569 | $430,100 |
| June 30, 2024 | 990-PF | $23,557 | $22,242 | $1,315 | $449,214 | $21,511 | $427,703 |
| June 30, 2023 | 990-PF | $16,845 | $22,350 | -$5,505 | $448,691 | $22,303 | $426,388 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Interest
- $20,435
Expenses
- Grants and similar amounts paid
- $17,831
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $18,038
- Excise tax on investment income
- $284
Balance sheet and other
- Total assets, start of year
- $449,214
- Total assets, end of year
- $450,669
- Total liabilities, end of year
- $20,569
- Net assets, end of year
- $430,100
- Fair market value of assets
- $450,669
- Qualifying distributions
- $18,038
- Net investment income
- $20,435
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-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIMON GERLIN C/O MDFA 99 HIGH STREET, BOSTON, MA 02110 | DIRECTOR/ PRESIDENT | 0.5 | $0 |
| CYNTHIA TONUCCI C/O MDFA 99 HIGH STREET, BOSTON, MA 02110 | DIRECTOR/TREASURER | 0.5 | $0 |
| SEAN CALNAN C/O MDFA 99 HIGH STREET, BOSTON, MA 02110 | DIRECTOR/CLERK | 0.5 | $0 |
990-PF for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA CANTER C/O MDFA 99 HIGH STREET, BOSTON, MA 02110 | EXECUTIVE VP, FINANCE PROGRAMS | 0.25 | $0 |
| SIMON GERLIN C/O MDFA 99 HIGH STREET, BOSTON, MA 02110 | EVP FINANCE/CFO | 0.25 | $0 |
| RICKS FRASER C/O MDFA 99 HIGH STREET, BOSTON, MA 02110 | GENERAL COUNSEL-3/2023 | 0.25 | $0 |
990-PF for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA L CANTER 99 HIGH STREET, BOSTON, MA 02110 | DIRECTOR/TREASURER/VICE CHAIR | 0.25 | $0 |
| RICKS P FRAZIER 99 HIGH STREET, BOSTON, MA 02110 | DIRECTOR/CLERK (THRU 03/2023) | 0.25 | $0 |
| SIMON R GERLIN 99 HIGH STREET, BOSTON, MA 02110 | DIRECTOR | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 99 HIGH STREET 11TH FLOOR, BOSTON, MA 02110-2320
- In care of
- % MASS DEV FINANCE AGENCY
- Signed the 990-PF
- SIMON GERLIN, CFO
- Phone
- (617) 330-2039
- Return prepared by
- CLIFTONLARSONALLEN LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 22-2975198
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1993
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $450,669
- Income (IRS master file)
- $20,435
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $20,435 | $18,038 | $450,669 | IRS |
| 990-PF | June 2024 | $23,557 | $22,242 | $449,214 | IRS |
| 990-PF | June 2023 | $16,845 | $22,350 | $448,691 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | 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 22-2975198).
Questions about MASSCARE CAPITAL INC
- What is the EIN of MASSCARE CAPITAL INC?
- The employer identification number (EIN) of MASSCARE CAPITAL INC is 22-2975198.
- Is MASSCARE CAPITAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to MASSCARE CAPITAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MASSCARE CAPITAL INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MASSCARE CAPITAL INC 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 MASSCARE CAPITAL INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of MASSCARE CAPITAL INC?
- The 990-PF for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MASSCARE CAPITAL INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $20,435, expenses of $18,038 and total assets of $450,669 at year end.
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