Nonprofit · EIN 46-4159401
LEVER INC
Tax-exempt · NORTH ADAMS, MA 01247
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $762,119 | $784,573 | -$22,454 | $431,081 | $4,182 | $426,899 |
| December 31, 2023 | 990 | $639,146 | $851,437 | -$212,291 | $451,029 | $14,675 | $436,354 |
| December 31, 2022 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY THOMAS | EXECUTIVE DI Trustee or director, Officer | 40 | $111,476 |
| JD CHESLOFF | DIRECTOR Trustee or director | 1 | $0 |
| ANGELA DIXON | DIRECTOR Trustee or director | 1 | $0 |
| DON DUBENDORF | DIRECTOR Trustee or director | 1 | $0 |
| BRENT HEERINGA | DIRECTOR Trustee or director | 1 | $0 |
| STEVE JENKS | CHAIR OF BOA Trustee or director, Officer | 1 | $0 |
| SARA LALUMIA | TREASURER Trustee or director, Officer | 1 | $0 |
| ELIZABETH NIELSEN | DIRECTOR Trustee or director | 1 | $0 |
| TIM PETERSEN | DIRECTOR Trustee or director | 1 | $0 |
| ANGELA RANDOLPH | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY THOMAS | EXECUTIVE DIRECTOR Officer | 40 | $143,025 |
| ANGELA RANDOLPH | BOARD MEMBER Trustee or director | 1 | $0 |
| RICH ROWE | BOARD MEMBER Trustee or director | 1 | $0 |
| ANGELA DIXON | BOARD MEMBER Trustee or director | 1 | $0 |
| BRENT HEERINGA | BOARD MEMBER Trustee or director | 1 | $0 |
| ELIZABETH NIELSEN | BOARD MEMBER Trustee or director | 1 | $0 |
| JD CHESLOFF | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE JENKS | BOARD MEMBER Trustee or director | 1 | $0 |
| SARA LALUMIA | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES BIRGE | CHAIR Officer | 1 | $0 |
| CAIRN CROSS | TREASURER Officer | 1 | $0 |
990 for the year ended December 31, 2022: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY THOMAS | EXECUTIVE DIRECTOR Key employee | 40 | $160,250 |
| ANGELA RANDOLPH | BOARD MEMBER Trustee or director | 1 | $0 |
| RICH ROWE | BOARD MEMBER Trustee or director | 1 | $0 |
| DON DUBENDORF | BOARD MEMBER Trustee or director | 1 | $0 |
| JACK WADSWORTH | BOARD MEMBER Trustee or director | 1 | $0 |
| ELIZABETH NIELSEN | BOARD MEMBER Trustee or director | 1 | $0 |
| JD CHESLOFF | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES BIRGE | CHAIR Officer | 1 | $0 |
| CAIRN CROSS | TREASURER Officer | 1 | $0 |
| JIM MAHON | SECRETARY 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
- Website
- WWW.LEVERINC.ORG
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $431,081
- Income (IRS master file)
- $762,119
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $762,119 | $784,573 | $431,081 | XML |
| 990 | December 2023 | $639,146 | $851,437 | $451,029 | XML |
| 990 | December 2022 | $853,515 | $626,467 | $658,469 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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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All nonprofits in NORTH ADAMS · Massachusetts · Community improvement and capacity building