Nonprofit · EIN 81-5178390
WORCESTER PUBLIC MARKET INC
Tax-exempt · WORCESTER, MA 01608
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $358,712 | $654,069 | -$295,357 | $4,880,508 | $2,747,024 | $2,133,484 |
| December 31, 2023 | 990 | $918,741 | $780,100 | $138,641 | $5,324,791 | $2,941,790 | $2,383,001 |
| December 31, 2022 | 990 | $794,620 | $679,637 | $114,983 | $5,513,194 | $3,168,834 | $2,344,360 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $149,481
- Program service revenue
- $0
- Investment income
- $3,227
- Net rental income
- $110,134
- Net income from sales of inventory
- $93,508
- Other revenue
- $206,004
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $274,841
- Salaries, compensation and benefits (total)
- $323,066
- Professional fundraising fees
- $0
- Accounting fees
- $34,485
- Occupancy
- $58,405
- Depreciation
- $48,032
- Program services (functional)
- $554,685
- Management and general (functional)
- $99,384
Balance sheet and other
- Total assets, start of year
- $5,320,631
- Total assets, end of year
- $4,880,508
- Total liabilities, end of year
- $2,747,024
- Net assets, end of year
- $2,133,484
- Land, buildings and equipment
- $1,598,769
- Net assets without donor restrictions
- $1,859,000
- Net assets with donor restrictions
- $274,484
- Gross receipts
- $988,429
- Employees
- 21
- Volunteers
- 0
- Year formed
- 2017
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDITH MURNANE | DIRECTOR Trustee or director | 1 | $0 |
| FRANK ZITOMERSKY | DIRECTOR Trustee or director | 1 | $0 |
| ALLEN FLETCHER | PRESIDENT Officer | 10 | $0 |
| RAYMOND QUINLAN | TREASURER Officer | 3 | $0 |
| CARMEN VAZQUEZ | CLERK Officer | 3 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDITH MURNANE | DIRECTOR Trustee or director | 1 | $0 |
| FRANK ZITOMERSKY | DIRECTOR Trustee or director | 1 | $0 |
| ALLEN FLETCHER | PRESIDENT Officer | 10 | $0 |
| RAYMOND QUINLAN | TREASURER Officer | 3 | $0 |
| CARMEN VAZQUEZ | CLERK Officer | 3 | $0 |
990 for the year ended December 31, 2022: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDITH MURNANE | DIRECTOR Trustee or director | 1 | $0 |
| FRANK ZITOMERSKY | DIRECTOR Trustee or director | 1 | $0 |
| ALLEN FLETCHER | PRESIDENT Officer | 10 | $0 |
| RAYMOND QUINLAN | TREASURER Officer | 3 | $0 |
| CARMEN VAZQUEZ | CLERK Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 4 ASH STREET, WORCESTER, MA 01608-2156
- Principal officer (990 for 2024)
- ALLEN FLETCHER, 4 ASH STREET, WORCESTER, MA 01608
- Signed the 990
- ALLEN FLETCHER, PRESIDENT
- Phone
- (508) 868-4274
- Return prepared by
- O'CONNOR MALONEY & CO CPA'S
Mission
ACCOMMODATE A BROAD SPECTRUM OF SIZES AND TYPES OF MERCHANTS FROM INDIVIDUAL STALL-TYPE VENDORS TO ENCLOSED SHOPS; AND FROM RAW PRODUCE TO VALUE-ADDED FOOD PRODUCTS AND READY-TO-EAT FOODS.
Program accomplishments
- ACCOMMODATE A BROAD SPECTRUM OF SIZES AND TYPES OF MERCHANTS FROM INDIVIDUAL STALL-TYPE VENDORS TO ENCLOSED SHOPS; AND FROM RAW PRODUCE TO VALUE-ADDED FOOD PRODUCTS AND READY-TO-EAT FOODS.Expenses $554,685 · revenue $206,004
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
- 81-5178390
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $4,880,508
- Income (IRS master file)
- $988,429
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $358,712 | $654,069 | $4,880,508 | IRS |
| 990 | December 2023 | $918,741 | $780,100 | $5,324,791 | XML |
| 990 | December 2022 | $794,620 | $679,637 | $5,513,194 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 81-5178390).
Questions about WORCESTER PUBLIC MARKET INC
- What is the EIN of WORCESTER PUBLIC MARKET INC?
- The employer identification number (EIN) of WORCESTER PUBLIC MARKET INC is 81-5178390.
- Is WORCESTER PUBLIC MARKET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to WORCESTER PUBLIC MARKET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WORCESTER PUBLIC MARKET 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 WORCESTER PUBLIC MARKET 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 WORCESTER PUBLIC MARKET 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 WORCESTER PUBLIC MARKET INC?
- The 990 for the year ended December 31, 2024 names ALLEN FLETCHER.
- Who are the officers and directors of WORCESTER PUBLIC MARKET INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does WORCESTER PUBLIC MARKET INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $358,712, expenses of $654,069 and total assets of $4,880,508 at year end.
Other nonprofits in WORCESTER
- VETERANS INC EIN 04-3098024 · last filed 990 for 2025
- NEW GARDEN PARK INC EIN 20-1727883 · last filed 990 for 2025
- MAIN SOUTH COMMUNITY DEVELOPMENT CORPORATION EIN 04-2921465 · last filed 990 for 2024
- WORCESTER REGIONAL TOURISM AND VISITORS CORPORATION EIN 47-4881059 · last filed 990 for 2025
- CENTRAL MASSACHUSETTS ELECTRICAL MANAGEMENT FUND EIN 20-2475030 · last filed 990 for 2024
- DOWNTOWN WORCESTER BUSINESS IMPROVEMENT DISTRICT INC EIN 83-2860571 · last filed 990 for 2025
- IEC NORTH AMERICA INC EIN 04-3561636 · last filed 990 for 2025
- INTERNATIONAL SOCIETY OF VACCINES INC EIN 26-2521865 · last filed 990 for 2024
All nonprofits in WORCESTER · Massachusetts · Community improvement and capacity building