MASSACHUSETTS BUSINESS ROUNDTABLE INC

EIN: 042695705

BOSTON, MA

Total Revenue
$1,180,613
Total Expenses
$1,152,023
Total Assets
$1,627,721
Net Assets
$1,095,419
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MA
Principal Officer
JONDAVID CHESLOFF
Phone
6177280881
Tax Period
2023-01-01 to 2023-12-31

MASSACHUSETTS BUSINESS ROUNDTABLE INC, founded in 1979, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023.

Mission

THE MISSION OF THE ROUNDTABLE IS TO MAKE MASSACHUSETTS THE MOST DESIRABLE PLACE TO LIVE, WORK AND DO BUSINESS BY ENGAGING PRIVATE SECTOR EXECUTIVES AND PUBLIC LEADERS TO ENSURE ACCESS TO A ROBUST, DIVERSE AND TALENTED WORKFORCE THAT ENHANCES THE COMMONWEALTH'S COMPETITIVENESS IN A GLOBAL ECONOMY.

Program Service Accomplishments

Program 1

MASSACHUSETTS BUSINESS ROUNDTABLE IS A MEMBER DRIVEN ORGANIZATION. AS SUCH, OUR LEGISLATIVE AND POLICY AGENDA IS DEVELOPED BASED UPON THE INTERESTS, IDEAS AND PASSIONS OF OUR MEMBERS AND DRIVEN...

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MASSACHUSETTS BUSINESS ROUNDTABLE IS A MEMBER DRIVEN ORGANIZATION. AS SUCH, OUR LEGISLATIVE AND POLICY AGENDA IS DEVELOPED BASED UPON THE INTERESTS, IDEAS AND PASSIONS OF OUR MEMBERS AND DRIVEN THROUGH THE WORK OF OUR COMPETITIVENESS AND EXECUTIVE COMMITTEES. THESE COMMITTEES ARE COMPRISED OF INTERESTED MEMBERS WHO MEET TO DISCUSS THE ISSUES, ENGAGE WITH INDUSTRY EXPERTS, AND DEVELOP PRIORITIES TO INFLUENCE THE STATE'S PUBLIC POLICY AGENDA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,170,441
Investment Income $10,172
Other Revenue $0
TOTAL REVENUE $1,180,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $954,856
Fundraising Expenses $0
Other Expenses $197,167
TOTAL EXPENSES $1,152,023

Year-over-Year Comparison

2023 2022 Change
Revenue $1,180,613 $1,202,511 0.0%
Expenses $1,152,023 $1,126,910 +0.0%
Net Income $28,590 $75,601 -0.6%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
93
Independent Members
93
Employees
5
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
10
$573,412
Total Directors
95
$0
Key Employees
1
$219,791
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA MURRAY CHAIR 1.00
Officer Director
$0 $0 $0
JOE PRESTON VICE CHAIR 1.00
Officer Director
$0 $0 $0
CATHY E MINEHAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
DR ROBERT JOHNSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
KATHERINE CRAVEN TREASURER 1.00
Officer Director
$0 $0 $0
COLLEEN RICHARDS POWELL COMPETITIVENESS COMMITTEE CHAIR 1.00
Officer Director
$0 $0 $0
JOHN BISSELL SECRETARY 1.00
Officer Director
$0 $0 $0
JANE STEINMETZ DIRECTOR 1.00
Officer Director
$0 $0 $0
C JEFFREY COOK ESQ DIRECTOR 1.00
Officer Director
$0 $0 $0
DR JOSEPH E AOUN DIRECTOR 1.00
Director
$0 $0 $0
RICK ASCROFT DIRECTOR 1.00
Director
$0 $0 $0
MAX BERGERON DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY BOWLING DIRECTOR 1.00
Director
$0 $0 $0
BRENDA BURDICK DIRECTOR 1.00
Director
$0 $0 $0
DRBRENT CHRITE DIRECTOR 1.00
Director
$0 $0 $0
KELLIE CRANTZ DIRECTOR 1.00
Director
$0 $0 $0
PATTY DIORIO DIRECTOR 1.00
Director
$0 $0 $0
ELISSA FLYNN-POPPEY DIRECTOR 1.00
Director
$0 $0 $0
SEAN GALLIMORE DIRECTOR 1.00
Director
$0 $0 $0
SARAH ISELIN DIRECTOR 1.00
Director
$0 $0 $0
BREDAN JOYCE DIRECTOR 1.00
Director
$0 $0 $0
KEVIN KOPANON DIRECTOR 1.00
Director
$0 $0 $0
KRISTEN LEPORE DIRECTOR 1.00
Director
$0 $0 $0
JOHN MCLAUGHLIN DIRECTOR 1.00
Director
$0 $0 $0
ERIK MONTLACK DIRECTOR 1.00
Director
$0 $0 $0
DAVID MORALES DIRECTOR 1.00
Director
$0 $0 $0
CARL RUST DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY TENGEL DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN TRUDELL DIRECTOR 1.00
Director
$0 $0 $0
LISA WIELAND DIRECTOR 1.00
Director
$0 $0 $0
JON BERNSTEIN DIRECTOR 1.00
Director
$0 $0 $0
PATRICK BROPHY DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH P CAMPANELLI DIRECTOR 1.00
Director
$0 $0 $0
JOHN CAPONE DIRECTOR 1.00
Director
$0 $0 $0
JENIFFER CARSON DIRECTOR 1.00
Director
$0 $0 $0
JOAN CHRISTEL DIRECTOR 1.00
Director
$0 $0 $0
DR KEVIN CHURCHWELL DIRECTOR 1.00
Director
$0 $0 $0
MARTHA COAKLEY DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY CONSIGLI DIRECTOR 1.00
Director
$0 $0 $0
SHAUN CUSSON DIRECTOR 1.00
Director
$0 $0 $0
JAY DOHERTY DIRECTOR 1.00
Director
$0 $0 $0
JOHN DOUCETTE DIRECTOR 1.00
Director
$0 $0 $0
JAMES E DUCEY DIRECTOR 1.00
Director
$0 $0 $0
EDWARD DUGGER III DIRECTOR 1.00
Director
$0 $0 $0
KARAN DYSON DIRECTOR 1.00
Director
$0 $0 $0
JOHN EMRA DIRECTOR 1.00
Director
$0 $0 $0
GARY EVEE DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN FEDERICO DIRECTOR 1.00
Director
$0 $0 $0
PAUL FERRARO DIRECTOR 1.00
Director
$0 $0 $0
DR AISHA FRANCIS DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA FISHER DIRECTOR 1.00
Director
$0 $0 $0
ANDREW FRIENDLY DIRECTOR 1.00
Director
$0 $0 $0
KATHRYN GRADDY DIRECTOR 1.00
Director
$0 $0 $0
JOEL HARRINGTON DIRECTOR 1.00
Director
$0 $0 $0
CAIN A HAYES DIRECTOR 1.00
Director
$0 $0 $0
MARY ANNE HEINO DIRECTOR 1.00
Director
$0 $0 $0
KIP HOLLISTER DIRECTOR 1.00
Director
$0 $0 $0
JIM HUNT III DIRECTOR 1.00
Director
$0 $0 $0
CHARLES JACOBS DIRECTOR 1.00
Director
$0 $0 $0
KATIE JOYCE DIRECTOR 1.00
Director
$0 $0 $0
KAREN KALITA DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM K KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN KIRK DIRECTOR 1.00
Director
$0 $0 $0
DR RAYFORD KRUGER DIRECTOR 1.00
Director
$0 $0 $0
MALIA LAZU DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE LEE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL A LEE DIRECTOR 1.00
Director
$0 $0 $0
ADAM L'ITALIEN DIRECTOR 1.00
Director
$0 $0 $0
EUSTACIA REIDY MACNAUGHT DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN MACNEIL DIRECTOR 1.00
Director
$0 $0 $0
DR ATYIA MARTIN DIRECTOR 1.00
Director
$0 $0 $0
MIKE MCCARTHY DIRECTOR 1.00
Director
$0 $0 $0
KEVIN MCGOVERN DIRECTOR 1.00
Director
$0 $0 $0
NITIN MHATRE DIRECTOR 1.00
Director
$0 $0 $0
JOSE ANTONIO MIRANDA SOTO DIRECTOR 1.00
Director
$0 $0 $0
DAVID NICHOLS DIRECTOR 1.00
Director
$0 $0 $0
JAMES O'LEARY DIRECTOR 1.00
Director
$0 $0 $0
LAURA PEABODY DIRECTOR 1.00
Director
$0 $0 $0
LUCY PEREZ DIRECTOR 1.00
Director
$0 $0 $0
PERRI PETRICCA DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL PRENTISS DIRECTOR 1.00
Director
$0 $0 $0
DAN RIVERA DIRECTOR 1.00
Director
$0 $0 $0
ROBERT F RIVERS DIRECTOR 1.00
Director
$0 $0 $0
DARLENE M RODOWICZ DIRECTOR 1.00
Director
$0 $0 $0
KENNETH R ROSSANO DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY SANCHEZ DIRECTOR 1.00
Director
$0 $0 $0
MITCHELL SCHMIDT DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH SCHWAB DIRECTOR 1.00
Director
$0 $0 $0
JESSE STANESA DIRECTOR 1.00
Director
$0 $0 $0
DR MARCELO SUAREZ-OROZCO DIRECTOR 1.00
Director
$0 $0 $0
SEIDU SUMANI DIRECTOR 1.00
Director
$0 $0 $0
FRANK SWEET DIRECTOR 1.00
Director
$0 $0 $0
JAMES M TIERNEY DIRECTOR 1.00
Director
$0 $0 $0
DEREK TOWNSEND DIRECTOR 1.00
Director
$0 $0 $0
JAMES VALLEE DIRECTOR 1.00
Director
$0 $0 $0
JONDAVID CHESLOFF PRESIDENT AND CEO 40.00
Officer
$495,639 $77,773 $573,412
TONJA METTLACH EXECUTIVE VICE PRESIDENT 40.00
Key Emp
$183,178 $36,613 $219,791
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 No data No data No data No data
2023 $1,180,613 $1,152,023 $1,627,721 $28,590
2022 $1,202,511 $1,126,910 $1,585,971 $75,601
2021 $1,148,936 $1,088,421 $1,375,693 $60,515
2020 $1,085,641 $1,074,124 $1,312,062 $11,517
2019 $1,052,419 $1,032,049 $1,408,791 $20,370
2018 $1,054,517 $992,615 $1,292,203 $61,902
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