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Nonprofit · EIN 46-4159401

LEVER INC

Tax-exempt · NORTH ADAMS, MA 01247

Financials

$854K$626K2022$639K$851K2023$762K$785K2024
Revenue Expenses · by fiscal year end
Financials of LEVER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$762,119$784,573-$22,454$431,081$4,182$426,899
December 31, 2023990$639,146$851,437-$212,291$451,029$14,675$436,354
December 31, 2022990$853,515$626,467$227,048$658,469$9,824$648,645
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$760,384
of which government grants
$585,201
Membership dues
$1,250
Program service revenue
$0
Investment income
$1,735
Other revenue
$0

Expenses

Grants and similar amounts paid
$125,000
Other salaries and wages
$358,590
Salaries, compensation and benefits (total)
$428,148
Professional fundraising fees
$0
Legal fees
$4,983
Accounting fees
$33,631
Occupancy
$24,929
Travel
$14,665
Depreciation
$6,704
Program services (functional)
$662,543
Management and general (functional)
$83,369
Fundraising (functional)
$38,661

Balance sheet and other

Total assets, start of year
$451,029
Total assets, end of year
$431,081
Total liabilities, end of year
$4,182
Net assets, end of year
$426,899
Land, buildings and equipment
$54,588
Publicly traded securities
$86,620
Net assets without donor restrictions
$426,899
Gross receipts
$762,119
Employees
4
Volunteers
15
Year formed
2013

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
JEFFREY THOMASEXECUTIVE DI
Trustee or director, Officer
40$111,476
JD CHESLOFFDIRECTOR
Trustee or director
1$0
ANGELA DIXONDIRECTOR
Trustee or director
1$0
DON DUBENDORFDIRECTOR
Trustee or director
1$0
BRENT HEERINGADIRECTOR
Trustee or director
1$0
STEVE JENKSCHAIR OF BOA
Trustee or director, Officer
1$0
SARA LALUMIATREASURER
Trustee or director, Officer
1$0
ELIZABETH NIELSENDIRECTOR
Trustee or director
1$0
TIM PETERSENDIRECTOR
Trustee or director
1$0
ANGELA RANDOLPHDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
JEFFREY THOMASEXECUTIVE DIRECTOR
Officer
40$143,025
ANGELA RANDOLPHBOARD MEMBER
Trustee or director
1$0
RICH ROWEBOARD MEMBER
Trustee or director
1$0
ANGELA DIXONBOARD MEMBER
Trustee or director
1$0
BRENT HEERINGABOARD MEMBER
Trustee or director
1$0
ELIZABETH NIELSENBOARD MEMBER
Trustee or director
1$0
JD CHESLOFFBOARD MEMBER
Trustee or director
1$0
STEVE JENKSBOARD MEMBER
Trustee or director
1$0
SARA LALUMIABOARD MEMBER
Trustee or director
1$0
JAMES BIRGECHAIR
Officer
1$0
CAIRN CROSSTREASURER
Officer
1$0
990 for the year ended December 31, 2022: 10 people
NameTitleHours / weekCompensation
JEFFREY THOMASEXECUTIVE DIRECTOR
Key employee
40$160,250
ANGELA RANDOLPHBOARD MEMBER
Trustee or director
1$0
RICH ROWEBOARD MEMBER
Trustee or director
1$0
DON DUBENDORFBOARD MEMBER
Trustee or director
1$0
JACK WADSWORTHBOARD MEMBER
Trustee or director
1$0
ELIZABETH NIELSENBOARD MEMBER
Trustee or director
1$0
JD CHESLOFFBOARD MEMBER
Trustee or director
1$0
JAMES BIRGECHAIR
Officer
1$0
CAIRN CROSSTREASURER
Officer
1$0
JIM MAHONSECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
85 MAIN ST STE 141, NORTH ADAMS, MA 01247-3406
In care of
% JEFFREY D THOMAS
Principal officer (990 for 2024)
JEFFREY THOMAS, 85 MAIN ST, SUITE 218, NORTH ADAMS, MA 01247
Signed the 990
JEFFREY THOMAS, EXECUTIVE DIRECTOR
Phone
(413) 884-2011
Return prepared by
SMITH WATSON & COMPANY LLP

Mission

ENGAGE IN ACTIVITIES TO SPUR ECONOMIC AND ENTREPRENEURIAL DEVELOPMENT AND TO LEVERAGE ASSETS IN THE NORTHERN BERKSHIRE COUNTY, MA REGION.

990 for the year ended December 31, 2024

Program accomplishments

  • ENGAGE IN ACTIVITIES TO SPUR ECONOMIC AND ENTREPRENEURIAL DEVELOPMENT AND TO LEVERAGE ASSETS IN THE NORTHERN BERKSHIRE COUNTY REGION INCLUDING WITHOUT LIMITATION, THE CITY OF NORTH ADAMS AND SURROUNDING COMMUNITIES. TO DEVELOP NETWORKS OF EXPERTS, COLLABORATORS, AND STAKEHOLDERS TO ASSIST IN THE ECONOMIC SUCCESS OF THE REGION AND TO PROVIDE LOW COST AND NO-COST START-UP SPACE TO VARIOUS ENTERPRISES.
    Expenses $662,543 · grants $125,000
  • ENGAGE IN ACTIVITIES TO SPUR ECONOMIC AND ENTREPRENEURIAL DEVELOPMENT AND TO LEVERAGE ASSETS IN THE NORTHEERN BERKSHIRE COUNTY REGION INCLUDING WITHOUT LIMITATION THE CITY OF NORTH ADAMS AND SURROUNDING COMMUNITIES. TO DEVELOP NETWORKS OF EXPERTS, COLLABORATORS, AND STAKEHOLDERS TO ASSIST IN THE ECONOMIC SUCCESS OF THE REGION AND TO PROVIDE LOW COST OR NO-COST START-UP SPACE TO VARIOUS ENTERPRISES.

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
46-4159401
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$431,081
Income (IRS master file)
$762,119

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$762,119$784,573$431,081XML
990December 2023$639,146$851,437$451,029XML
990December 2022$853,515$626,467$658,469XML
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 46-4159401).

Questions about LEVER INC

What is the EIN of LEVER INC?
The employer identification number (EIN) of LEVER INC is 46-4159401.
Is LEVER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to LEVER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEVER 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 LEVER INC 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 LEVER INC 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 LEVER INC?
The 990 for the year ended December 31, 2024 names JEFFREY THOMAS.
Who are the officers and directors of LEVER INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $111,476 (JEFFREY THOMAS, EXECUTIVE DI).
How much revenue does LEVER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $762,119, expenses of $784,573 and total assets of $431,081 at year end.

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