NORTHEAST INDEPENDENT LIVING PROGRAM INC

EIN: 042701631 501(c)(3)

LAWRENCE, MA

Total Revenue
$6,811,159
Total Expenses
$6,574,873
Total Assets
$6,307,601
Net Assets
$5,033,434
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MA
Principal Officer
MATTHEW PELLEGRINO
Phone
9786874288
Tax Period
2023-07-01 to 2024-06-30

NORTHEAST INDEPENDENT LIVING PROGRAM INC, founded in 1980, is a community nonprofit that reported $6.8M in total revenue in fiscal year 2023. Expenses of $6.6M left a modest 3% surplus.

Mission

To provide advocacy and services to people with all disabilities who wish to live independently in the community.

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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 $52,401
Program Service Revenue $6,730,688
Investment Income $28,070
Other Revenue $0
TOTAL REVENUE $6,811,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,980,526
Fundraising Expenses $177,989
Program Expenses $5,208,394
Other Expenses $1,594,347
TOTAL EXPENSES $6,574,873

Year-over-Year Comparison

2023 2022 Change
Revenue $6,811,159 $6,854,939 0.0%
Expenses $6,574,873 $6,420,994 +0.0%
Net Income $236,286 $433,945 -0.5%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
104
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
2
$317,663
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MatthewPellegrino Chief Executive Officer 40.00
Officer
$108,459 $25,848 $134,307
June Sauvageau Chief Executive Officer 40.00
$186,749 $11,651 $198,400
Lisa DiGiuseppe Chief Finance Officer 40.00
Officer
$155,895 $27,461 $183,356
Jeff Wilson President 1.00
Director
$0 $0 $0
Gary Hale Vice President 1.00
Director
$0 $0 $0
Lisa Visone Treasurer 1.00
Director
$0 $0 $0
Mark Kelly Clerk 1.00
Director
$0 $0 $0
Kevin Hatch Director 1.00
Director
$0 $0 $0
Eric Pearson Director 1.00
Director
$0 $0 $0
Allen Larkin Director 1.00
Director
$0 $0 $0
David Ellingson Director 1.00
Director
$0 $0 $0
Ron Lassman Director 1.00
Director
$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
2025 No data No data No data No data
2024 $6,811,159 $6,574,873 $6,307,601 $236,286
2023 $6,854,939 $6,420,994 $6,364,551 $433,945
2022 $6,938,863 $5,841,038 $5,158,467 $1,097,825
2021 $6,018,925 $5,029,511 $3,878,459 $989,414
2020 $5,285,769 $5,475,175 $2,923,364 $-189,406
2019 $4,999,060 $4,681,674 $2,384,942 $317,386
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