CENTRAL MA CENTER FOR BUSINESS AND ENTERPRISE INC

EIN: 460943004 501(c)(3) Community Improvement

WHITINSVILLE, MA

Total Revenue
$1,205,721
Total Expenses
$1,161,440
Total Assets
$1,363,134
Net Assets
$1,117,732
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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
2012
Legal Domicile
MA
Phone
5082349090
Tax Period
2023-07-01 to 2024-06-30

CENTRAL MA CENTER FOR BUSINESS AND ENTERPRISE INC, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 189% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 4% surplus.

Mission

THE PURPOSE OF THIS ENTITY IS TO FURTHER THE ECONOMIC GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS AS WELL AS WORKFORCE TRAINING BY ESTABLISHING THE BLACKSTONE VALLEY EDUCATION HUB. THE EDUCATION HUB CONSISTS OF A COMPUTER TRAINING LAB, TWO CLASSROOMS, AND A FABLAB/EQUIPMENT LAB WITH ADVANCED MANUFACTURING TRAINING EQUIPMENT.

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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 $933,639
Program Service Revenue $270,461
Investment Income $1,621
Other Revenue $0
TOTAL REVENUE $1,205,721

Expense Breakdown

Grants Paid $0
Salaries & Benefits $717,564
Fundraising Expenses $0
Program Expenses $1,136,540
Other Expenses $443,876
TOTAL EXPENSES $1,161,440

Year-over-Year Comparison

2023 2022 Change
Revenue $1,205,721 $417,631 +1.9%
Expenses $1,161,440 $396,552 +1.9%
Net Income $44,281 $21,079 +1.1%
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
11
Independent Members
11
Employees
16
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
$65,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY BREGMAN 30.00
Officer
$65,000 $0 $65,000
MICHAEL RUBIN CHAIRPERSON 10.00
Officer
$0 $0 $0
NICOLE RYAN 1ST VICE-CHAIRPERSON 10.00
Officer
$0 $0 $0
STEPHANIE ASHWORTH 2ND VICE-CHAIRPERSON 10.00
Officer
$0 $0 $0
ERIC EISNER TREASURER 10.00
Officer
$0 $0 $0
KAREN CREBASE DIRECTOR 4.00
Director
$0 $0 $0
RYAN FOLEY DIRECTOR 4.00
Director
$0 $0 $0
JEANNIE HEBERT DIRECTOR 10.00
Director
$0 $0 $0
ROBIN LECLAIRE DIRECTOR 4.00
Director
$0 $0 $0
LIORA STONE DIRECTOR 4.00
Director
$0 $0 $0
LUCILLE WARD DIRECTOR 4.00
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 $1,205,721 $1,161,440 $1,363,134 $44,281
2023 $417,631 $396,552 $1,322,973 $21,079
2022 $506,528 $438,100 $1,308,572 $68,428
2020 $452,826 $291,757 $896,140 $161,069
2019 $350,416 $181,419 $627,612 $168,997
2018 $465,320 $29,528 $457,692 $435,792
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