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Nonprofit · EIN 23-7326022

MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM

Tax-exempt · FRAMINGHAM, MA 01701

Financials

$2.2M$2.9M2023$2.1M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,139,904$3,333,351-$1,193,447$3,755,712$223,853$3,531,859
December 31, 2023990$2,217,436$2,876,762-$659,326$4,673,749$141,954$4,531,795
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,015,726
Investment income
$123,482
Net gain from sales of assets
-$16,352
Other revenue
$696

Expenses

Grants and similar amounts paid
$3,054,864
Compensation of officers, directors and key employees
$14,000
Salaries, compensation and benefits (total)
$14,000
Professional fundraising fees
$0
Accounting fees
$12,750

Balance sheet and other

Total assets, start of year
$4,673,749
Total assets, end of year
$3,755,712
Total liabilities, end of year
$223,853
Net assets, end of year
$3,531,859
Publicly traded securities
$3,202,989
Net assets without donor restrictions
$3,531,859
Gross receipts
$3,656,256
Employees
0
Volunteers
0
Year formed
1973
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
THOMAS GUNNINGTRUSTEE
Trustee or director
1$13,500
RODNEY FRIASTRUSTEE
Trustee or director
1$11,800
MICHAEL SANCHEZTRUSTEE
Trustee or director
1$11,400
JOHN FERRANTECHIEF EXECUTIVE OFFICER
Trustee or director
1$9,500
WILLIAM MORASHTRUSTEE/CHAIRMAN
Trustee or director, Officer
1$2,500
RICHARD LUCHTTRUSTEE
Trustee or director
1$2,500
THOMAS STEEVESTRUSTEE/SEC TREASURER
Trustee or director, Officer
1$2,000
MAUREEN KIRKPATRICKTRUSTEE
Trustee or director
1$0
MIRANDA JONESEXECUTIVE DIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
THOMAS GUNNINGTRUSTEE
Trustee or director
1$16,600
RODNEY FRIASTRUSTEE
Trustee or director
1$5,100
MICHAEL SANCHEZTRUSTEE
Trustee or director
1$4,600
THOMAS STEEVESTRUSTEE/SEC TREASURER
Trustee or director, Officer
1$4,300
WILLIAM MORASHTRUSTEE/CHAIRMAN
Trustee or director, Officer
1$2,000
BRIAN BAYNESTRUSTEE
Trustee or director
1$2,000
MAUREEN KIRKPATRICKTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1661 WORCESTER ROAD, FRAMINGHAM, MA 01701-5402
Principal officer (990 for 2024)
MIRANDA JONES, 1661 WORCESTER ROAD, FRAMINGHAM, MA 01701
Signed the 990
MIRANDA JONES, EXECUTIVE DIRECTOR
Phone
(508) 620-0055
Return prepared by
MANZI & ASSOCIATES LLC

Mission

TO ADDRESS INDUSTRY WIDE ISSUES AFFECTING THE MASSACHUSETTS CONTRUCTION INDUSTRY FOR THE MUTUAL BENEFIT OF PROPERTY OWNERS, THE PUBLIC, CONTRACTORS AND THEIR EMPLOYEES.

990 for the year ended December 31, 2024

Program accomplishments

  • REIMBURSEMENT TO OTHER INDUSTRY ASSOCIATIONS FOR STAFF TIME AND LEGAL SERVICES DEVOTED TO MCAP PROGRAMS: BUILDING TRADES EMPLOYERS ASSOCIATION OF BOSTON AND EASTERN MASS AND ASSOCIATED GENERAL CONTRACTORS OF MASSACHUSETTS.
  • DIRECT PROGRAM EXPENSES ASSOCIATED WITH EDUCATION, SAFETY AND OTHER INDUSTRY ISSUES. MCAP ALSO PROVIDES GRANTS TO OTHER NONPROFIT ASSOCIATIONS FOR EDUCATION AND SAFETY TRAINING.

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7326022
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1974
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,755,712
Income (IRS master file)
$3,656,256

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,139,904$3,333,351$3,755,712XML
990December 2023$2,217,436$2,876,762$4,673,749XML
990December 2022$2,243,420$2,675,701$4,945,770IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 23-7326022).

Questions about MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM

What is the EIN of MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM?
The employer identification number (EIN) of MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM is 23-7326022.
Is MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1974.
Are donations to MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM 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 MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM?
The 990 for the year ended December 31, 2024 names MIRANDA JONES.
Who are the officers and directors of MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM?
The 990 for the year ended December 31, 2024 lists 9 people; 7 received compensation from the organization, the highest $13,500 (THOMAS GUNNING, TRUSTEE).
How much revenue does MASSACHUSETTS CONSTRUCTION ADVANCEMENT PROGRAM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,139,904, expenses of $3,333,351 and total assets of $3,755,712 at year end.

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