Massachusetts Systems Contractors Association Inc

EIN: 042658566

Sharon, MA

Total Revenue
$426,360
Total Expenses
$378,444
Total Assets
$502,160
Net Assets
$441,135
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
MA
Phone
7817842102
Tax Period
2024-01-01 to 2024-12-31

Massachusetts Systems Contractors Association Inc, founded in 1978, is a small nonprofit that reported $426K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $378K left a modest 11% surplus.

Mission

The mission of the association is to educate, defend and promote the systems contracting profession. The association accomplishes these objectives by establishing members ethics relating to the professional dealings between members and the public providing training classes in industry specific courses for licensing and professional development, fostering good relations with the public and government agencies; promoting the use of fire and security systems for the convenience and protection of the public, and providing a medium of exchange of all matters affecting the security systems industries and the business of the members.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $82,460
Program Service Revenue $238,793
Investment Income $1
Other Revenue $105,106
TOTAL REVENUE $426,360

Expense Breakdown

Grants Paid $0
Salaries & Benefits $106,891
Fundraising Expenses $5,502
Program Expenses $331,749
Other Expenses $271,553
TOTAL EXPENSES $378,444

Year-over-Year Comparison

2024 2023 Change
Revenue $426,360 $377,068 +0.1%
Expenses $378,444 $327,527 +0.2%
Net Income $47,916 $49,541 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$3,050
Total Directors
15
$16,550
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carl Satterlund Director 1.00
Director
$9,750 $0 $9,750
Gregory Smizer Director 1.00
Director
$3,750 $0 $3,750
George David Condon IV Vice President 1.00
Officer Director
$3,050 $0 $3,050
Susan Ferzoco Director 1.00
Director
$0 $0 $0
Paul Hoey Director 1.00
Director
$0 $0 $0
Julie Robillard Director 1.00
Director
$0 $0 $0
Howard Rothberg Director 1.00
Director
$0 $0 $0
Wells Sampson Director 1.00
Director
$0 $0 $0
David Wescott Director 1.00
Director
$0 $0 $0
Brandon Freedman Director 1.00
Director
$0 $0 $0
Alexander Lunardi Director 1.00
Director
$0 $0 $0
Mark Miller Director 1.00
Director
$0 $0 $0
Michael Wheeler Director 1.00
Director
$0 $0 $0
Paul Wright President 1.00
Officer Director
$0 $0 $0
Ernest Parent Treasurer 1.00
Officer Director
$0 $0 $0
Kelly Keane Secretary 1.00
Officer
$0 $0 $0
David Duval Chairman 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $426,360 $378,444 $502,160 $47,916
2023 $377,068 $327,527 $440,946 $49,541
2022 $406,111 $344,357 $376,405 $61,754
2021 $384,008 $295,960 $298,722 $88,048
2020 $236,686 $245,216 $235,443 $-8,530
2019 $343,554 $264,478 $235,823 $79,076
2018 $302,164 $298,701 $146,258 $3,463
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