Nonprofit · EIN 26-4232076
NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC
Tax-exempt · SALEM, MA 01970
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $178,480 | $145,069 | $33,411 | $54,845 | $0 | $54,845 |
| June 30, 2024 | 990 | $110,093 | $181,889 | -$71,796 | $21,434 | $0 | $21,434 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $178,401
- of which government grants
- $139,901
- Membership dues
- $38,500
- Program service revenue
- $0
- Investment income
- $79
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $7,450
- Occupancy
- $21,000
- Program services (functional)
- $110,422
- Management and general (functional)
- $34,647
Balance sheet and other
- Total assets, start of year
- $21,434
- Total assets, end of year
- $54,845
- Total liabilities, end of year
- $0
- Net assets, end of year
- $54,845
- Net assets without donor restrictions
- $54,845
- Gross receipts
- $178,480
- Employees
- 0
- Volunteers
- 14
- Year formed
- 2008
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mayor Michael Cahill | President/Director Trustee or director, Officer | 0 | $0 |
| Jim Cowdell | Vice Chair/Director Trustee or director, Officer | 0 | $0 |
| President John Keenan | Treasurer/Director Trustee or director, Officer | 0 | $0 |
| Beth Debski | Clerk/Director Trustee or director, Officer | 0 | $0 |
| Mayor Ted Bettencourt | Director Trustee or director | 0 | $0 |
| Mayor Dominick Pangallo | Director Trustee or director | 0 | $0 |
| Mayor Jared Nicholson | Director Trustee or director | 0 | $0 |
| Annie Harris | Director Trustee or director | 0 | $0 |
| Ed O'Sullivan | Director Trustee or director | 0 | $0 |
| Michael Harrington | Director Trustee or director | 0 | $0 |
| Elizabeth O'Hara | Director Trustee or director | 0 | $0 |
| Kurt T Steinberg Ed D | Director Trustee or director | 0 | $0 |
| Michael Wheeler | Director Trustee or director | 0 | $0 |
| David Morales | Director Trustee or director | 0 | $0 |
| President William A Heineman EdD | Director Trustee or director | 0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jo Broderick | Director Trustee or director | 0 | $0 |
| President Brian Pellinen | Director Trustee or director | 0 | $0 |
| Sue Howland | Director Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL CAHILL | CHAIR Trustee or director | 0 | $0 |
| TED BETTENCOURT | DIRECTOR Trustee or director | 0 | $0 |
| DOMINICK PANGALLO | DIRECTOR Trustee or director | 0 | $0 |
| JIM COWDELL | VICE CHAIR Trustee or director | 0 | $0 |
| JOHN KEENAN | DIRECTOR Trustee or director | 0 | $0 |
| JO BRODERICK | DIRECTOR Trustee or director | 0 | $0 |
| BETH DEBSKI | DIRECTOR Trustee or director | 0 | $0 |
| MICHAEL HARRINGTON | DIRECTOR Trustee or director | 0 | $0 |
| ANNIE HARRIS | DIRECTOR Trustee or director | 0 | $0 |
| DAVID MORALES | DIRECTOR Trustee or director | 0 | $0 |
| ELIZABETH O'HARA | DIRECTOR Trustee or director | 0 | $0 |
| MARY SARRIS | DIRECTOR Trustee or director | 0 | $0 |
| MIKE WHEELER | DIRECTOR Trustee or director | 0 | $0 |
| JARED NICHOLSON | DIRECTOR Trustee or director | 0 | $0 |
| KURT STEINBURG | DIRECTOR Trustee or director | 0 | $0 |
| WILLIAM HEINEMAN | DIRECTOR Trustee or director | 0 | $0 |
| SUE HOWLAND | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 121 LORING AVENUE, SALEM, MA 01970-4461
- In care of
- % GARY BARRETT
- Principal officer (990 for 2024)
- Michael Cahill, 121 LORING AVENUE SUITE 110, SALEM, MA 01970
- Signed the 990
- Michael Cahill, President/ Director
- Phone
- (978) 744-4430
- Website
- www.nsecdevelopment.com
- Return prepared by
- RYAN & COSCIA PC
Mission
The North Shore Alliance for Economic Development (Alliance) is a private non-profit entity formed by businesses, institutional and government officials to establish a coordinated and enhanced economic, geographical
Program accomplishments
- The Alliance's Small Business Technical Assistance and Educational Programs include: Alliance Policymakers Series, Quarterly Economic Development Directors & Community Planners Meeting, Resource Showcase for Minority Owned & Diverse Businesses, Small Business State Resource Webinar Series, Small Business Technical Assistance Workshops/Webinars, Climatetech Initiative, and Massachusetts Office of Business Development Partnership Initiatives.Expenses $110,422
- In FY 2025, the Alliance commissioned UMass Amherst Gloucester Marine Station to prepare a Northeast Massachusetts Climatetech Conference Summary Report (held on March 26, 2025) and a Northeast Massachusetts Climatetech Consortium Fact Sheet. The UMass Donahue Institute was commissioned to produce the Future of Work - High Demand Occupations in the Region Report and worked in partnership with the Alliance and the MassHire North Shore Workforce Board on the 2025 North Shore High Demand Occupations: Healthcare and Social Assistance Career Pathways. The Alliance will use and share the clear and compelling data from these reports to advance its economic development efforts that promote economic sustainability.
- The Alliance represented the regional business community in collaborative, long-range workforce skills, transportation and land use by the following means: North Shore Small Business Diversity Directory, Priority Development Site Listing Website Landing Page Video and Updated Community Photo Library, Quarterly Economic Development Directors & Community Planners Meetings and the Alliance Policymakers Series.
- The Alliance supports regional business recruitment, retention, growth and coordination with the following activities: Convening quarterly meeting of City/Town Planners and Economic/Community Development Directors; offering Partnership initiatives with MOBD and promoting regional activities through Alliance Weekly Newsletter, website, calendar of regional events & forums and social media; and developing and fostering regional partnerships.The Alliance business support in FY25 included small business workshops offerings ranging from topics including (Starting a Business, Managing Financials and Cashflow, AI, Marketing, Sales, Social Media, Business Contracts, Networking, Succession Planning, Non-Profit Series, Business Plans), Small Business State Webinar Resource Series, Minority Resource Showcase for Minority and Diverse Owned Businesses, Climatetech Conference and introductions to State and Federal Resources.The North Shore Alliance for Economic Development focused its FY25 efforts on the Future of Work including the Youth Labor Market and High Demand Occupations in the region, Climatetech, Revitalization and Small Business Support to the 30 communities (including four gateway Cities) it serves through its existing/expanded offerings, new program initiatives and strategic regional partnerships. The Alliance's FY25 REDO Grant aligned its work to support and compliment the Commonwealth's Partnership for Growth and Partnership for Recovery priorities.Our FY25 REDO Grant work focused on five (5) areas: Regional Competitiveness -Economic Data, Small Business Technical Assistance/Support/Equity/Competitiveness, Workforce Development/Talent Pipeline, Regional Revitalization and Regional Communication and Promotion.Programs and reports to support these five areas included: Northeast Massachusetts Climatetech Conference and Conference Report, Northeast Massachusetts Consortium Fact Sheet, Future of Work: High Demand Occupations in the Region Report; Future of Work: Youth Labor Market Blueprint; Resource Showcase for Minority Owned & Diverse Businesses, Small Business State Resource Webinar Series, Small Business Technical Assistance Workshops/Webinars, MOBD Partnership Initiatives, Priority Development Site Listing website landing page, Program Partnerships, Quarterly Economic Development Directors & Community Planners Meetings, Alliance Policymakers Series, and Alliance Website/Weekly Electronic Newsletters/Social Media.The Alliance's REDO Grant funding for FY25 totaled $100,000 to continue its impactful work on the North Shore and lower Merrimack Valley that has benefitted the region. Working with the 30 communities, including four Gateway Cities, municipal leaders, strategic partners, businesses and our partners in state government, EOED, EOHLC and MOBD, the Alliance will continue to help the region and its businesses to meet its challenges.
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 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 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4232076
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2013
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $54,845
- Income (IRS master file)
- $178,480
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $178,480 | $145,069 | $54,845 | XML |
| 990 | June 2024 | $110,093 | $181,889 | $21,434 | XML |
| 990 | June 2023 | $273,066 | $396,231 | $93,230 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | 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 26-4232076).
Questions about NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC
- What is the EIN of NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC?
- The employer identification number (EIN) of NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC is 26-4232076.
- Is NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2013.
- Are donations to NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC 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 NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT 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 NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC 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 NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended June 30, 2025 names Michael Cahill.
- Who are the officers and directors of NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 0 received compensation from the organization.
- How much revenue does NORTH SHORE ALLIANCE FOR ECONOMIC DEVELOPMENT INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $178,480, expenses of $145,069 and total assets of $54,845 at year end.
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