495 METROWEST CORRIDOR PARTNERSHIP INC

EIN: 161658406 Community Improvement

WESTBOROUGH, MA

Total Revenue
$409,402
Total Expenses
$323,685
Total Assets
$556,600
Net Assets
$529,801
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MA
Principal Officer
JASON PALITSCH
Phone
7747600495
Tax Period
2023-07-01 to 2024-06-30

495 METROWEST CORRIDOR PARTNERSHIP INC, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $409K in total revenue in fiscal year 2023. The organization ran a surplus of $86K, a strong 21% operating margin.

Mission

TO PROMOTE ECONOMIC VITALITY AND SUSTAIN NATURAL RESOURCES WHILE ENHANCING THE QUALITY (SEE SCH O) OF LIFE IN THE 495/METROWEST REGION.

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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 $227,183
Program Service Revenue $172,309
Investment Income $9,910
Other Revenue $0
TOTAL REVENUE $409,402

Expense Breakdown

Grants Paid $0
Salaries & Benefits $223,361
Fundraising Expenses $0
Other Expenses $100,324
TOTAL EXPENSES $323,685

Year-over-Year Comparison

2023 2022 Change
Revenue $409,402 $427,385 0.0%
Expenses $323,685 $441,508 -0.3%
Net Income $85,717 $-14,123 -7.1%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
50
Independent Members
50
Employees
5
Volunteers
71

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
7
$121,334
Total Directors
50
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN FEENEY PRIVATE SECTOR CO-CHAIR 1.00
Officer Director
$0 $0 $0
KRISTEN LAS PUBLIC SECTOR CO-CHAIR 1.00
Officer Director
$0 $0 $0
MATT DURAND PRIVATE SECTOR CO-VICE CHAIR 1.00
Officer Director
$0 $0 $0
PAIGE DUNCAN PUBLIC SECTOR CO-VICE CHAIR 1.00
Officer Director
$0 $0 $0
PETER MARTIN CLERK 1.00
Officer Director
$0 $0 $0
MEREDITH HARRIS TREASURER 1.00
Officer Director
$0 $0 $0
NEIL ANGUS DIRECTOR 1.00
Director
$0 $0 $0
RACHEL BENSON DIRECTOR 1.00
Director
$0 $0 $0
MIHAEL BOYNTON DIRECTOR 1.00
Director
$0 $0 $0
ELLEN CARLUCCI DIRECTOR 1.00
Director
$0 $0 $0
DUNCAN CHAPMAN DIRECTOR 1.00
Director
$0 $0 $0
KAREN CHAPMAN DIRECTOR 1.00
Director
$0 $0 $0
GEORGE COUTROS DIRECTOR 1.00
Director
$0 $0 $0
MARIA DE LA FUENTE MARTINEZ DIRECTOR 1.00
Director
$0 $0 $0
MARC DRAISEN DIRECTOR 1.00
Director
$0 $0 $0
CHARLES DWYER DIRECTOR 1.00
Director
$0 $0 $0
COURTNEY EATON DIRECTOR 1.00
Director
$0 $0 $0
CHRIS EGAN DIRECTOR 1.00
Director
$0 $0 $0
JAMES ERRICKSON DIRECTOR 1.00
Director
$0 $0 $0
ALISON FIELD-JUMA DIRECTOR 1.00
Director
$0 $0 $0
PAUL FITZGERALD DIRECTOR 1.00
Director
$0 $0 $0
DALE HAMEL DIRECTOR 1.00
Director
$0 $0 $0
JAMIE HELLEN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL HERBERT DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE HIRSHON DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM INGRAM DIRECTOR 1.00
Director
$0 $0 $0
KRISTINA JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
CRAIG JOHNSTON DIRECTOR 1.00
Director
$0 $0 $0
NORMAN KHUMALO DIRECTOR 1.00
Director
$0 $0 $0
DON LOWE DIRECTOR 1.00
Director
$0 $0 $0
JOHN MANIARATTI DIRECTOR 1.00
Director
$0 $0 $0
SHELBY MARSHALL DIRECTOR 1.00
Director
$0 $0 $0
LAURA MATTEI DIRECTOR 1.00
Director
$0 $0 $0
DAVID MCCAY DIRECTOR 1.00
Director
$0 $0 $0
STEVE MESSINEO DIRECTOR 1.00
Director
$0 $0 $0
ROBERT NAGI DIRECTOR 1.00
Director
$0 $0 $0
BILL NESMER DIRECTOR 1.00
Director
$0 $0 $0
EMILY NORTON DIRECTOR 1.00
Director
$0 $0 $0
LAURA O'CALLAGHAN DIRECTOR 1.00
Director
$0 $0 $0
ATHENA PANDOLF DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN PEZZONI DIRECTOR 1.00
Director
$0 $0 $0
BETH REYNOLDS DIRECTOR 1.00
Director
$0 $0 $0
SARKIS SARKISIAN DIRECTOR 1.00
Director
$0 $0 $0
TRISH SETTLES DIRECTOR 1.00
Director
$0 $0 $0
REYAD SHAH DIRECTOR 1.00
Director
$0 $0 $0
ESTELA SHINGLETON DIRECTOR 1.00
Director
$0 $0 $0
TAMARA SMALL DIRECTOR 1.00
Director
$0 $0 $0
JEREMY SOLOMON DIRECTOR 1.00
Director
$0 $0 $0
EMILY VANDEWOESTINE DIRECTOR 1.00
Director
$0 $0 $0
BETH WIERLING DIRECTOR 1.00
Director
$0 $0 $0
JASON PALITSCH EXECUTIVE DIRECTOR 40.00
Officer
$116,667 $4,667 $121,334
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 $409,402 $323,685 $556,600 $85,717
2023 $427,385 $441,508 $484,725 $-14,123
2022 $1,027,872 $1,008,792 $712,168 $19,080
2021 $308,875 $325,671 $518,988 $-16,796
2020 $369,320 $265,210 $528,138 $104,110
2019 $484,825 $363,312 $434,897 $121,513
2018 $444,071 $372,413 $315,806 $71,658
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