Nercomp INC FY2022 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, FY2022. 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.
72¢ of each $1 spent went to programs.
$102K 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

FY2022 · 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
72%
of spending
72% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$102K
to officers and key staff · 14% of spending
Pay to officers and key staff is 14% of spending.
Part VII, Section A
7.4 mo
of spending, in cash
Plus $3.3M in investments, Pt X · Ln 11–13
7.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$144K
4% of total assets
Liabilities are 4% 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
$850K
-6% vs prior year
Spent
$723K
To programs
72%
Net assets
$3.8M
By yearFY2021–FY2025
Revenue
$850K
FY2022▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2021$908K
FY2022$850K
FY2023$890K
FY2024$1.1M
FY2025$1.2M
Expenses
$723K
FY2022▲ +29%
Tap a bar for its year
Expenses by fiscal year
FY2021$561K
FY2022$723K
FY2023$718K
FY2024$933K
FY2025$1.1M
Net assets
$3.8M
FY2022▼ -7%
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 FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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 Mar 1974.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $520K Management & general 28% · $203K

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; $102K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Director of Operations
$102,358Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Treasurer, Eff. 4/28/2022
$0Pt VII · Sec A
Secretary, Eff. 4/28/2022
$0Pt VII · Sec A
$0Pt VII · Sec A
$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 · $520K · in their own filed words · FY2021
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 3,004 participants. Additionally, the organization awarded five scholarships.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 04-2465851) · Dispute this line
$347Kprogram 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, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 04-2465851) · Dispute this line
$174Kprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$850K
Ln 12
Fees for servicesLn 2g$576K
Other incomeLn 4–11$202K
Investment incomeLn 3$71K
Money outPt IX
$723K
Ln 25
Programscol B$520K
Managementcol C$203K
Owns and owesPt X
$3.8M
net assets · Ln 32
Cash and savingsLn 1–2$448K
Total assetsLn 16$4.0M
LiabilitiesLn 26$144K
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$576K
Investment incomeLn 3$71K
Other incomeLn 4–11$202K
Total revenueLn 12$850K
Assets in detailPt X, end of year
CashLn 1$328K
SavingsLn 2$120K
Cash and savings togetherLn 1–2$448K
Accounts receivableLn 4$127K
Prepaid expenses and deferred chargesLn 9$25K
InvestmentsLn 11–13$3.3M
Intangible assetsLn 14$28K
Other assetsLn 15$2K
Total assetsLn 16$4.0M
LiabilitiesLn 26$144K
Net assetsLn 32$3.8M
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 FY22End FY22
Cash and savingsLn 1–2$356K$448K
InvestmentsLn 11–13$3.7M$3.3M
Total assetsLn 16$4.2M$4.0M
LiabilitiesLn 26$124K$144K
Net assetsLn 32$4.1M$3.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$4K$4K
Pay of officers and key staff (Part IX, line 5)Ln 5$113K$73K$39K
Other salaries and wagesLn 7$135K$100K$35K
Pension plan contributionsLn 8$8K$6K$2K
Payroll taxesLn 10$19K$13K$6K
Legal feesLn 11b$16K$16K
Accounting feesLn 11c$32K$32K
Investment management feesLn 11f$26K$26K
Other fees for servicesLn 11g$1K$773$331
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$9K$9K
Information technologyLn 14$60K$33K$27K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$71K$63K$8K
Depreciation, depletion and amortizationLn 22$29K$12K$17K
InsuranceLn 23$9K$6K$3K
Other expenses (24a–d)Ln 24$187K$182K$4K
Total functional expensesLn 25$723K$520K$203K$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
FY2022 ViewingFiled with the IRS Oct 13, 2022 $850K$723K$126K$3.8M 990 PDF
FY2021Filed 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 FY2022 990
Part I · Summary $849,500 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $33,475$0
I-9 Program service revenuePrior year $530,222$576,440
I-10 Investment incomePrior year $58,511$71,208
I-11 Other revenuePrior year $286,230$201,852
I-12 Total revenuePrior year $908,438$849,500
I-13 Grants and similar amounts paidPrior year $0$4,281
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $245,112$274,734
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $315,961$444,183
I-18 Total expensesPrior year $561,073$723,198
I-19 Revenue less expensesPrior year $347,365$126,302
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 $849,500 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $576,440$576,440
VIII-3 Investment incomeExcluded from tax $71,208$71,208
VIII-5 RoyaltiesExcluded from tax $201,852$201,852
VIII-12 Total revenueRelated to mission $576,440 · Unrelated business $0 · Excluded from tax $273,060$849,500
Part IX · Statement of functional expenses $723,198 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $4,281$4,281
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $73,186 · Management $39,408$112,594
IX-7 Other salaries and wagesPrograms $99,773 · Management $35,450$135,223
IX-8 Pension plan contributionsPrograms $5,979 · Management $1,831$7,810
IX-10 Payroll taxesPrograms $13,375 · Management $5,732$19,107
IX-11b Legal feesPrograms $15,949$15,949
IX-11c Accounting feesManagement $32,011$32,011
IX-11f Investment management feesManagement $25,865$25,865
IX-11g Other fees for servicesPrograms $773 · Management $331$1,104
IX-12 Advertising and promotionPrograms $2,316$2,316
IX-13 Office expensesPrograms $8,968$8,968
IX-14 Information technologyPrograms $32,673 · Management $27,321$59,994
IX-17 TravelManagement $2,358$2,358
IX-19 Conferences, conventions and meetingsPrograms $62,910 · Management $8,193$71,103
IX-22 Depreciation, depletion and amortizationPrograms $11,539 · Management $17,309$28,848
IX-23 InsurancePrograms $6,340 · Management $2,717$9,057
IX-24 Other expenses (24a–d)Programs $182,418 · Management $4,192$186,610
IX-25 Total functional expensesPrograms $520,480 · Management $202,718 · Fundraising $0$723,198
Part X · Balance sheet $3,970,634 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $218,618$327,743
X-2 Savings and temporary cash investmentsStart of year $137,331$120,454
X-4 Accounts receivableStart of year $129,232$126,993
X-9 Prepaid expenses and deferred chargesStart of year $13,045$25,041
X-11 Publicly traded securitiesStart of year $3,689,613$3,341,323
X-14 Intangible assetsStart of year $45,139$27,580
X-15 Other assetsStart of year $1,500$1,500
X-16 Total assetsStart of year $4,234,478$3,970,634
X-17 Accounts payable and accrued expensesStart of year $15,793$16,340
X-19 Deferred revenueStart of year $107,913$127,730
X-26 Total liabilitiesStart of year $123,706$144,070
X-27 Net assets without donor restrictionsStart of year $4,110,772$3,826,564
X-32 Total net assets or fund balancesStart of year $4,110,772$3,826,564
X-33 Total liabilities and net assetsStart of year $4,234,478$3,970,634
Part XI · Reconciliation of net assets $3,826,564 net assets at year end
XI-1 Total revenue$849,500
XI-2 Total expenses$723,198
XI-3 Revenue less expenses$126,302
XI-4 Net assets at start of year$4,110,772
XI-5 Net unrealized gains (losses) on investments−$410,510
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,826,564

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

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