Masspace INC FY2023 filing

Not tax-deductible

Boston, MA501(c)(6)Mutual/Membership EIN 82-3298161Revenue $381K in FY2023Latest return filed Apr 2, 2026

On file with the IRSmasspace.net40 Court Street 10th Floor, 02108-2212 · Boston, MATax-exempt since Aug 2018

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To promote the provision and expansion of comprehensive health care services to older adults and other persons, including those eligible for nursing homes.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
100¢ of each $1 spent went to programs.
$144K 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

FY2023 · 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
2 of 6
filings with a surplus
Average surplus $9K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$144K
to officers and key staff · 52% of spending
Concern: pay to officers and key staff is 52% of spending; over 30%.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$381K
+8% vs prior year
Spent
$278K
To programs
100%
Net assets
$124K
By yearFY2020–FY2025
Revenue
$381K
FY2023▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$282K
FY2021$302K
FY2022$353K
FY2023$381K
FY2024$425K
FY2025$428K
Expenses
$278K
FY2023▼ -25%
Tap a bar for its year
Expenses by fiscal year
FY2020$310K
FY2021$249K
FY2022$373K
FY2023$278K
FY2024$429K
FY2025$474K
Net assets
$124K
FY2023▲ +38%
Tap a bar for its year
Net assets by fiscal year
FY2020$57K
FY2021$110K
FY2022$90K
FY2023$124K
FY2024$130K
FY2025$84K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 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 Aug 2018.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $278K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $144K paid to officers and key staff.

Part VII, Section A · reportable compensation
Exec. Director (until Nov 2023)
$117,447Pt VII · Sec A
Exec. Director (as of Oct 2023)
$26,717Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director (as of Oct 2023)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Jennifer Maynard’s $159K as Exec. Director is at the 98th percentile of top reported officer pay among 539 $100K–1M mutual/membership 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 · 2 named individuals · Part VII

NameFY2025FY2023FY2022FY2021FY2020
Jennifer Maynard$159,181$26,717———
Candace Kuebel—$117,447$115,813$109,013$106,863

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 Masspace 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

Expands healthcare services for older adults and those needing nursing home care.

Questions for Masspace INC

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1 program · $278K · in their own filed words · FY2023
01

Provide, through advocacy, education, and policy research, leardership and support for growth, access, quality and success of the program of all inclusive care for the elderly (pace) in the commonwealth of massachusetts.

$278Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$381K
Ln 12
Gifts and grantsLn 1h$381K
Money outPt IX
$278K
Ln 25
Programscol B$278K
Owns and owesPt X
$124K
net assets · Ln 32
Cash and savingsLn 1–2$122K
Total assetsLn 16$124K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$381K
Total revenueLn 12$381K
Assets in detailPt X, end of year
CashLn 1$122K
Cash and savings togetherLn 1–2$122K
Total assetsLn 16$124K
LiabilitiesLn 26$0
Net assetsLn 32$124K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$44K$122K
Total assetsLn 16$90K$124K
LiabilitiesLn 26$0$0
Net assetsLn 32$90K$124K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$181K
Lobbying feesLn 11d$4K
Other fees for servicesLn 11g$73K
Advertising and promotionLn 12$5K
Office expensesLn 13$3K
TravelLn 17$5K
Conferences, conventions and meetingsLn 19$6K
Other expenses (24a–d)Ln 24$1K
Total functional expensesLn 25$278K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 2, 2026 $428K$474K−$46K$84K 990 PDF
FY2024Filed with the IRS Mar 6, 2025 $425K$429K−$5K$130K 990 PDF
FY2023 ViewingFiled with the IRS Jan 15, 2025 $381K$278K$103K$124K 990 PDF
FY2022Filed with the IRS Sep 14, 2023 $353K$373K−$20K$90K 990 PDF
FY2021Filed with the IRS Apr 22, 2022 $302K$249K$53K$110K 990 PDF
FY2020Filed with the IRS Apr 11, 2022 $282K$310K−$28K$57K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $381,258 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $333,802$381,258
I-9 Program service revenuePrior year $19,195$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $352,997$381,258
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 $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $373,040$278,110
I-18 Total expensesPrior year $373,040$278,110
I-19 Revenue less expensesPrior year −$20,043$103,148
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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 $381,258 across 3 lines filed
VIII-1b Membership dues$381,258
VIII-1h Total contributions, gifts and grants$381,258
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$381,258
Part IX · Statement of functional expenses $278,110 across 8 lines filed
IX-11a Management fees$181,379
IX-11d Lobbying fees$4,110
IX-11g Other fees for services$73,094
IX-12 Advertising and promotion$4,724
IX-13 Office expenses$3,221
IX-17 Travel$4,583
IX-19 Conferences, conventions and meetings$5,545
IX-24 Other expenses (24a–d)$1,454
IX-25 Total functional expenses$278,110
Part X · Balance sheet $124,036 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $43,762$121,661
X-4 Accounts receivableStart of year $46,369$2,375
X-16 Total assetsStart of year $90,131$124,036
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $90,131$124,036
X-32 Total net assets or fund balancesStart of year $90,131$124,036
X-33 Total liabilities and net assetsStart of year $90,131$124,036
Part XI · Reconciliation of net assets $124,036 net assets at year end
XI-1 Total revenue$381,258
XI-2 Total expenses$278,110
XI-3 Revenue less expenses$103,148
XI-4 Net assets at start of year$90,131
XI-8 Prior period adjustments−$69,243
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$124,036

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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