Back Bay Association INC FY2022 filing

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The mission of the Association and its membership is to foster the continued commercial strength of the Back Bay area of the city of boston, and to initiate programs that improve, promote, and protect the quality of life in the Back Bay.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$238K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $53K a year · 12% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$238K
to officers and key staff · 56% of spending
Concern: pay to officers and key staff is 56% of spending; over 30%.
Pt VII · Sec A
10 mo
of spending, in cash
Looks good: 10.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$39K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
41
of 41 voting members
Looks good: 41 of 41 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$396K
+6% vs prior year
Spent
$422K
To programs
0%
Net assets
$367K
By yearFY2020–FY2025
Revenue
$396K
FY2022▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$363K
FY2021$375K
FY2022$396K
FY2023$543K
FY2024$506K
FY2025$546K
Expenses
$422K
FY2022▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020$520K
FY2021$351K
FY2022$422K
FY2023$569K
FY2024$632K
FY2025$554K
Net assets
$367K
FY2022▼ -7%
Tap a bar for its year
Net assets by fiscal year
FY2020$370K
FY2021$393K
FY2022$367K
FY2023$341K
FY2024$215K
FY2025$207K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1944.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

42 people listed on the 990; $238K paid to officers and key staff.

Part VII, Section A · reportable compensation
$238,428Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Margaret Mainzer$237,354$258,545$244,126$238,428$198,460$219,460

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes and protects quality of life while fostering commercial strength in Boston's Back Bay.

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Provided by the organization

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3 programs · in their own filed words · FY2022
01

Continued to work with the city of boston and the boston planning & development agency on new construction projects and rehabilitation of sections of the city of boston including approvals for expanded housing.

Pt IX · col B
02

Worked with the city of boston on various advocacy programs including homeless programs, transportation issues, city clean-up programs, race relations, and public improvement projects.

Pt IX · col B
03

Initiated and promoted programs for commercial and civic betterment, including hosting of networking and information events for its members.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$396K
Ln 12
Other incomeLn 4–11$270K
Gifts and grantsLn 1h$126K
Investment incomeLn 3$245
Money outPt IX
$422K
Ln 25
Owns and owesPt X
$367K
net assets · Ln 32
Cash and savingsLn 1–2$369K
Total assetsLn 16$406K
LiabilitiesLn 26$39K
PeoplePt VI, VII
42
listed · VII A
PaidVII A1
Voting boardVI 1a41
IndependentVI 1b41
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$126K
Investment incomeLn 3$245
Other incomeLn 4–11$270K
Total revenueLn 12$396K
Assets in detailPt X, end of year
CashLn 1$123K
SavingsLn 2$246K
Cash and savings togetherLn 1–2$369K
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$26K
Total assetsLn 16$406K
LiabilitiesLn 26$39K
Net assetsLn 32$367K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$408K$369K
Land, buildings, equipmentLn 10c$83$3K
Total assetsLn 16$441K$406K
LiabilitiesLn 26$48K$39K
Net assetsLn 32$393K$367K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$238K
Other salaries and wagesLn 7$35K
Pension plan contributionsLn 8$7K
Other employee benefitsLn 9$3K
Payroll taxesLn 10$19K
Legal feesLn 11b$310
Accounting feesLn 11c$11K
Advertising and promotionLn 12$26K
Office expensesLn 13$3K
Information technologyLn 14$5K
OccupancyLn 16$34K
Conferences, conventions and meetingsLn 19$4K
Depreciation, depletion and amortizationLn 22$672
InsuranceLn 23$934
Other expenses (24a–d)Ln 24$35K
Total functional expensesLn 25$422K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $546K$554K−$8K$207K 990 PDF
FY2024 $506K$632K−$126K$215K 990 PDF
FY2023 $543K$569K−$26K$341K 990 PDF
FY2022 Viewing $396K$422K−$27K$367K 990 PDF
FY2021 $375K$351K$24K$393K 990 PDF
FY2020 $363K$520K−$157K$370K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $395,745 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $211,203$125,560
I-9 Program service revenue$0
I-10 Investment incomePrior year $249$245
I-11 Other revenuePrior year $163,441$269,940
I-12 Total revenuePrior year $374,893$395,745
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $222,633$303,153
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $128,413$119,175
I-18 Total expensesPrior year $351,046$422,328
I-19 Revenue less expensesPrior year $23,847−$26,583
Part VI · Governance 41 of 41 board members independent, 2 to look at
VI-1a Voting members of the governing body41
VI-1b Independent voting members41
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $395,745 across 6 lines filed
VIII-1b Membership dues$125,560
VIII-1h Total contributions, gifts and grants$125,560
VIII-3 Investment incomeRelated to mission $245$245
VIII-8 Net income from fundraising eventsExcluded from tax $23,500$23,500
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $246,440$246,440
VIII-12 Total revenueRelated to mission $246,685 · Excluded from tax $23,500$395,745
Part IX · Statement of functional expenses $422,328 across 15 lines filed
IX-5 Pay of current officers, directors and key staff$238,428
IX-7 Other salaries and wages$35,484
IX-8 Pension plan contributions$7,153
IX-9 Other employee benefits$3,173
IX-10 Payroll taxes$18,915
IX-11b Legal fees$310
IX-11c Accounting fees$10,525
IX-12 Advertising and promotion$25,766
IX-13 Office expenses$3,309
IX-14 Information technology$4,625
IX-16 Occupancy$33,548
IX-19 Conferences, conventions and meetings$4,168
IX-22 Depreciation, depletion and amortization$672
IX-23 Insurance$934
IX-24 Other expenses (24a–d)$35,318
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$422,328
Part X · Balance sheet $405,838 assets, 9 lines filed
Asset lines not itemized here account for $7,491; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $152,709$123,016
X-2 Savings and temporary cash investmentsStart of year $254,810$246,058
X-10c Land, buildings and equipment, netStart of year $83$2,947
X-15 Other assetsStart of year $26,326$26,326
X-16 Total assetsStart of year $441,419$405,838
X-25 Other liabilitiesStart of year $47,944$38,946
X-26 Total liabilitiesStart of year $47,944$38,946
X-32 Total net assets or fund balancesStart of year $393,475$366,892
X-33 Total liabilities and net assetsStart of year $441,419$405,838
Part XI · Reconciliation of net assets $366,892 net assets at year end
XI-1 Total revenue$395,745
XI-2 Total expenses$422,328
XI-3 Revenue less expenses−$26,583
XI-4 Net assets at start of year$393,475
XI-10 Net assets at end of year$366,892

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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