Nercomp INC FY2021 filing

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Nercomp fosters and enhances use of technology among its members which are educational institutions in support of their research and educational facilities across the northeastern united states.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 04-2465851) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$99K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $159K a year · 16% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
70% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$99K
to officers and key staff · 18% of spending
Pay to officers and key staff is 18% of spending.
Part VII, Section A
7.6 mo
of spending, in cash
Plus $3.7M in investments, Pt X · Ln 11–13
7.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$124K
3% of total assets
Liabilities are 3% of assets.
Pt X · Ln 26
Independent board members
15
of 15 voting members
15 of 15 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$908K
Spent
$561K
To programs
70%
Net assets
$4.1M
By yearFY2021–FY2025
Revenue
$908K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$908K
FY2022$850K
FY2023$890K
FY2024$1.1M
FY2025$1.2M
Expenses
$561K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$561K
FY2022$723K
FY2023$718K
FY2024$933K
FY2025$1.1M
Net assets
$4.1M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$4.1M
FY2022$3.8M
FY2023$4.2M
FY2024$4.8M
FY2025$5.1M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

You’re viewing the FY2021 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 Mar 1974.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $391K Management & general 30% · $170K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $99K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Director of Operations
$98,567Pt VII · Sec A
$500Pt VII · Sec A
$100Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Trustee, Left April 2021
$0Pt VII · Sec A
Trustee, Left April 2021
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ananda Jones’s $153K as Dir. of Strategic Partnerships is at the 66th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Ananda Jones$152,920$120,102$100,807——
Lisa Dimauro$143,570$126,225$108,334$102,358$98,567
Karen Warren——$3,100——
Sherri Braxton Castanzo—$1,000———
Becky Frieden—$750$50——
David Blezard$500————
Erin Desilva————$500
Kevin Kane$250————

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.

See Nercomp INC executive salaries →

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

Fosters technology use in Northeastern educational institutions for research and learning.

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2 programs · $391K · in their own filed words · FY2020
01

Programming Conferences

Sponsored and held various educational conferences, workshops and other programs related to the use of information technology for academic computer users. There were 112 conferences and workshops held with a total of 2,265 participants.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 04-2465851) · Dispute this line
$227Kprogram expense
02

Membership Services

Members of the organization are educational institutions and nonprofit organizations. Employees of members participate in collaboration events and opportunities including a variety of interest groups, and web conferencing. Members have access to vendor licensing at reduced rates and a place to post job opportunities.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 04-2465851) · Dispute this line
$164Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $5K · 2024–2024
Unitemized GrantFY2024$5,029

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$908K
Ln 12
Fees for servicesLn 2g$530K
Other incomeLn 4–11$286K
Investment incomeLn 3$59K
Money outPt IX
$561K
Ln 25
Programscol B$391K
Managementcol C$170K
Owns and owesPt X
$4.1M
net assets · Ln 32
Cash and savingsLn 1–2$356K
Total assetsLn 16$4.2M
LiabilitiesLn 26$124K
PeoplePt VI, VII
18
listed · VII A
PaidVII A3
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$33K
Government grantsLn 1e$33K
Fees for servicesLn 2g$530K
Investment incomeLn 3$59K
Other incomeLn 4–11$286K
Total revenueLn 12$908K
Assets in detailPt X, end of year
CashLn 1$219K
SavingsLn 2$137K
Cash and savings togetherLn 1–2$356K
Accounts receivableLn 4$129K
Prepaid expenses and deferred chargesLn 9$13K
InvestmentsLn 11–13$3.7M
Intangible assetsLn 14$45K
Other assetsLn 15$2K
Total assetsLn 16$4.2M
LiabilitiesLn 26$124K
Net assetsLn 32$4.1M
OperationsPt I, VI
EmployeesI 53
VolunteersI 6225
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$290K$356K
InvestmentsLn 11–13$2.9M$3.7M
Total assetsLn 16$3.3M$4.2M
LiabilitiesLn 26$165K$124K
Net assetsLn 32$3.1M$4.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$111K$72K$39K
Other salaries and wagesLn 7$111K$80K$31K
Pension plan contributionsLn 8$7K$5K$2K
Payroll taxesLn 10$17K$12K$5K
Legal feesLn 11b$21K$21K
Accounting feesLn 11c$32K$32K
Investment management feesLn 11f$23K$23K
Other fees for servicesLn 11g$1K$723$330
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$8K$8K
Information technologyLn 14$49K$37K$12K
Conferences, conventions and meetingsLn 19$16K$13K$3K
Depreciation, depletion and amortizationLn 22$31K$12K$19K
InsuranceLn 23$6K$4K$2K
Other expenses (24a–d)Ln 24$128K$126K$2K
Total functional expensesLn 25$561K$391K$170K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Oct 20, 2025 $1.2M$1.1M$12K$5.1M 990 PDF
FY2024Filed with the IRS Oct 15, 2024 $1.1M$933K$135K$4.8M 990 PDF
FY2023Filed with the IRS Nov 7, 2023 $890K$718K$173K$4.2M 990 PDF
FY2022Filed with the IRS Oct 13, 2022 $850K$723K$126K$3.8M 990 PDF
FY2021 ViewingFiled with the IRS Oct 21, 2021 $908K$561K$347K$4.1M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $908,438 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$33,475
I-9 Program service revenuePrior year $577,368$530,222
I-10 Investment incomePrior year $125,745$58,511
I-11 Other revenuePrior year $40,261$286,230
I-12 Total revenuePrior year $743,374$908,438
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $234,924$245,112
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $393,007$315,961
I-18 Total expensesPrior year $627,931$561,073
I-19 Revenue less expensesPrior year $115,443$347,365
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $908,438 across 6 lines filed
VIII-1e Government grants$33,475
VIII-1h Total contributions, gifts and grants$33,475
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $530,222$530,222
VIII-3 Investment incomeExcluded from tax $58,511$58,511
VIII-5 RoyaltiesExcluded from tax $286,230$286,230
VIII-12 Total revenueRelated to mission $530,222 · Unrelated business $0 · Excluded from tax $344,741$908,438
Part IX · Statement of functional expenses $561,073 across 15 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $71,857 · Management $38,692$110,549
IX-7 Other salaries and wagesPrograms $79,638 · Management $31,233$110,871
IX-8 Pension plan contributionsPrograms $4,738 · Management $1,791$6,529
IX-10 Payroll taxesPrograms $11,771 · Management $5,392$17,163
IX-11b Legal feesPrograms $21,053$21,053
IX-11c Accounting feesManagement $31,746$31,746
IX-11f Investment management feesManagement $22,743$22,743
IX-11g Other fees for servicesPrograms $723 · Management $330$1,053
IX-12 Advertising and promotionPrograms $1,729$1,729
IX-13 Office expensesPrograms $7,767$7,767
IX-14 Information technologyPrograms $37,062 · Management $12,353$49,415
IX-19 Conferences, conventions and meetingsPrograms $12,914 · Management $3,089$16,003
IX-22 Depreciation, depletion and amortizationPrograms $12,372 · Management $18,558$30,930
IX-23 InsurancePrograms $3,741 · Management $1,761$5,502
IX-24 Other expenses (24a–d)Programs $125,581 · Management $2,439$128,020
IX-25 Total functional expensesPrograms $390,946 · Management $170,127 · Fundraising $0$561,073
Part X · Balance sheet $4,234,478 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $50,697$218,618
X-2 Savings and temporary cash investmentsStart of year $239,722$137,331
X-4 Accounts receivableStart of year $506$129,232
X-9 Prepaid expenses and deferred chargesStart of year $7,933$13,045
X-11 Publicly traded securitiesStart of year $2,876,453$3,689,613
X-14 Intangible assetsStart of year $76,069$45,139
X-15 Other assetsStart of year $1,500$1,500
X-16 Total assetsStart of year $3,252,880$4,234,478
X-17 Accounts payable and accrued expensesStart of year $17,951$15,793
X-19 Deferred revenueStart of year $113,588$107,913
X-25 Other liabilitiesStart of year $33,475$0
X-26 Total liabilitiesStart of year $165,014$123,706
X-27 Net assets without donor restrictionsStart of year $3,087,866$4,110,772
X-32 Total net assets or fund balancesStart of year $3,087,866$4,110,772
X-33 Total liabilities and net assetsStart of year $3,252,880$4,234,478
Part XI · Reconciliation of net assets $4,110,772 net assets at year end
XI-1 Total revenue$908,438
XI-2 Total expenses$561,073
XI-3 Revenue less expenses$347,365
XI-4 Net assets at start of year$3,087,866
XI-5 Net unrealized gains (losses) on investments$675,541
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,110,772

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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