Overview
What is Tufts Shared Services Inc?
Tufts Shared Services Inc is a 70-employee strong nonprofit organization based in Boston, Massachusetts. Established in 1968, its mission is to coordinate and enhance the health and educational services offered at Tufts Medical Center, a hospital, and Tufts University, a university. The organization primarily operates as a utility supply center, supplying electricity, steam, water and sewer, natural gas, and managing central utilities for most of the buildings between Harrison Avenue and Tremont Street for both institutions. They are responsible for their respective shares of the utilities and have a principal location in the Dental Building basement, along with operating the utility supply center at the Tufts Human Nutrition Research Center. Tufts Shared Services Inc provides weekend, nighttime, and holiday coverage for Tufts Medical Center.
Is Tufts Shared Services Inc legitimate?
Tufts Shared Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tufts Shared Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $477,858
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,193,901
For more financial information, click here
What is the mission statement of Tufts Shared Services Inc?
Tufts Shared Services Inc was established in 1968 to facilitate and enhance the healthcare and educational services offered by Tufts Medical Center and Tufts University. The organization's primary role is to coordinate and supplement the utilities and related services for these institutions, ensuring the smooth operation of their buildings and facilities. The USC, as it is known, provides essential utility services, including electricity, steam, water, sewer, and natural gas, to most of Tufts Medical Center and Tufts University buildings situated between Harrison Avenue and Tremont Street. Each institution is responsible for covering the costs of their respective utilities. The USC's principal location is situated in the basement of the Dental Building, and it also manages the utility supply center at the Tufts Human Nutrition Research Center. Furthermore, it provides coverage for nights, weekends, and holidays at Tufts Medical Center. In summary, Tufts Shared Services Inc was founded to collaborate with Tufts Medical Center and Tufts University in coordinating and enhancing their utility services and related activities, ensuring the optimal functioning of their facilities.
Who is the CEO of Tufts Shared Services Inc?
James Foley is the Board Member of Tufts Shared Services Inc.
What is the revenue of Tufts Shared Services Inc?
Tufts Shared Services Inc's revenue in 2022 was $36,251,859.
Who are the executives of Tufts Shared Services Inc and what are their salaries?
The average compensation at Tufts Shared Services Inc during 2022 was $81,025. There are 70 employees at Tufts Shared Services Inc.
Here are 16 key members and their salaries:
- Diana Richardson (Board Member) [Trustee/Director]
- Kristine Hanscom (Board Member (Until April 2022)) [Trustee/Director]
- Jeffrey A Weinstein (Board Member - Chairman) [Trustee/Director]
- James Hurley (Board Member) [Trustee/Director]
- Barbara Stein (Board Member) [Trustee/Director]
- William Shlckolovich (Former Board Member)
- Assad Siddiqi (Board Member) [Trustee/Director]
- Mark Gonthier (Board Member) [Trustee/Director]
- James Foley (Executive Director)
- John Karnath (Board Member (Until Sept. 2021)) [Trustee/Director]
- Maria Pisa (Controller)
- William Hunt (Usc Chief Engineer)
- Edward Dullea (Usc Lead Mechanic)
- Enzo Tamburello (Lead Plumber)
- Michael Kirsch (Usc Mechanic)
- Joseph Condon (Usc Mechanic)
Where can I find the form 990 for Tufts Shared Services Inc?
The Tufts Shared Services Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Tufts Shared Services Inc
Tufts Shared Services Inc, established in 1968, is an organization dedicated to coordinating and enhancing the health and educational services offered at Tufts Medical Center, a renowned hospital, and Tufts University, a prestigious university. By supplementing these institutions' resources, Tufts Shared Services ensures optimal functioning of their facilities between Harrison Avenue and Tremont Street.
The organization plays a pivotal role in managing utility services within the Tufts Medical Center and Tufts University campus. Tufts Shared Services is responsible for the utility-related needs of both institutions, including electricity, steam, water and sewer, and natural gas. Its primary location resides in the Dental Building's basement, with additional operations at the Tufts Human Nutrition Research Center's Utility Supply Center. Tufts Shared Services extends its support beyond regular business hours, providing coverage for nights, weekends, and holidays at Tufts Medical Center.
Furthermore, Tufts Shared Services assumes the management of central electricity, steam, water and sewer, and natural gas for these institutions. With its commitment to providing uninterrupted services, Tufts Shared Services operates as an essential partner to Tufts Medical Center and Tufts University, ensuring their continued growth and development in their respective fields.
Impact
This information is meant to be a general summary of Tufts Shared Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Tufts Shared Services Inc has a significant impact on both Tufts Medical Center and Tufts University by providing essential utility-related services to their buildings. The organization, established in 1968, coordinates and supplements the health and educational services of these institutions. Its Utility Supply Center manages central electricity, steam, water, sewer, and natural gas for most buildings within the campus area, ensuring uninterrupted operations and efficient resource management. Additionally, Tufts Shared Services Inc plays a key role in supporting the functions of the Tufts Human Nutrition Research Center and provides nights, weekends, and holiday coverage for Tufts Medical Center. Through its services, the organization contributes to the smooth functioning and sustainability of critical infrastructure, ultimately benefiting the healthcare and educational activities of Tufts Medical Center and Tufts University.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSTITUTIONAL USE
Revenue
$20,574,677
RENTAL AND PARKING FACILITIES
Revenue
$15,128,897
OUTSIDE USERS & AFFILIATES
Revenue
$354,334
Organization Details
Founding Year
1968
Phone
(617) 636-5402
Principal Officer
James Foley
Main Address
171 HARRISON AVENUE BOX 821, BOSTON, MA, 02111
NTEE Category
Code: E220 - Health
If you are a representative of Tufts Shared Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.