MASSACHUSETTS LABORERS' LEGAL SERVICES FUND

EIN: 046357603 Mutual Benefit

BURLINGTON, MA

Total Revenue
$3,783,302
Total Expenses
$2,934,111
Total Assets
$15,234,233
Net Assets
$14,789,327
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MA
Principal Officer
MARY P O'MALLEY
Phone
7812733939
Tax Period
2024-01-01 to 2024-12-31

MASSACHUSETTS LABORERS' LEGAL SERVICES FUND, founded in 1974, is a community nonprofit in the Mutual Benefit sector that reported $3.8M in total revenue in fiscal year 2024. The organization ran a surplus of $849K, a strong 22% operating margin.

Mission

THE PURPOSE OF THE PLAN IS TO PROVIDE LEGAL BENEFITS TO ELIGIBLE PARTICIPANTS.

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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 $0
Program Service Revenue $3,330,537
Investment Income $452,765
Other Revenue $0
TOTAL REVENUE $3,783,302

Expense Breakdown

Grants Paid $0
Salaries & Benefits $408,684
Fundraising Expenses $0
Other Expenses $171,976
TOTAL EXPENSES $2,934,111

Year-over-Year Comparison

2024 2023 Change
Revenue $3,783,302 $3,596,522 +0.1%
Expenses $2,934,111 $3,120,053 -0.1%
Net Income $849,191 $476,469 +0.8%
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
8
Independent Members
8
Employees
12
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
1
$338,795
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH C BONFIGLIO CHAIRMAN/TRUSTEE 1.00
Director
$0 $0 $0
BARBARA J DELUCCA-REA SECRETARY/TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL P GAGLIARDI TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER C MURPHY- THRU 324 TRUSTEE 1.00
Director
$0 $0 $0
WENDALL W GARDNER - EFF 324 TRUSTEE 1.00
Director
$0 $0 $0
DAVID P POWELL TRUSTEE 1.00
Director
$0 $0 $0
RICHARD LUCHT - THRU 924 TRUSTEE 1.00
Director
$0 $0 $0
JIM DIMARZIO - EFF 924 TRUSTEE 1.00
Director
$0 $0 $0
RYAN DECHRISTOFORO TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW SARGO TRUSTEE 1.00
Director
$0 $0 $0
MARY P O'MALLEY ADMINISTRATOR 40.00
Officer
$280,961 $57,834 $338,795
JOHN A RICE JR STAFF ATTORNEY 40.00
Highest
$171,013 $57,834 $228,847
ROBERT M CASSESSO JR STAFF ATTORNEY 40.00
Highest
$137,435 $57,834 $195,269
JENNIFER L FEARNLEY STAFF ATTORNEY 40.00
Highest
$128,080 $57,834 $185,914
MICHAEL J RILEY STAFF ATTORNEY 40.00
Highest
$127,720 $53,807 $181,527
ANDREA T DUNN STAFF ATTORNEY 40.00
Highest
$113,009 $57,834 $170,843
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 $3,783,302 $2,934,111 $15,234,233 $849,191
2023 $3,596,522 $3,120,053 $13,895,452 $476,469
2022 $3,819,238 $2,739,365 $12,245,736 $1,079,873
2021 $3,879,534 $2,576,647 $12,879,471 $1,302,887
2020 $3,150,532 $2,539,635 $11,170,855 $610,897
2019 $3,548,532 $2,530,310 $9,526,260 $1,018,222
2018 $3,444,698 $2,576,183 $7,539,678 $868,515
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