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Massachusetts Education & Career Opportunities Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237055676 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

Overview

What is Massachusetts Education & Career Opportunities Inc?

Massachusetts Education & Career Opportunities Inc, briefly known as Massedco, is a nonprofit organization located in Worcester, Massachusetts. Their primary focus is on bridging the equity gap in post-secondary education attainment for underprivileged youth and adults in Massachusetts. They achieve this through a network of service sites, providing free education and career advising to over 12,000 individuals annually. Massedco organizes various events, workshops, and field trips to help low-income students stay in school and pursue higher education. Their mission is to empower economically and educationally disadvantaged individuals, enabling them to reach their full potential. They obtain funding from various sources, including federal and state education departments, private foundations, and corporate sponsors.


Official website here: www.massedco.org

Is Massachusetts Education & Career Opportunities Inc legitimate?

Massachusetts Education & Career Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Education & Career Opportunities 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: $150,135
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,519,083

For more financial information, click here


Official website here: www.massedco.org

What is the mission statement of Massachusetts Education & Career Opportunities Inc?

Massachusetts Education & Career Opportunities Inc, often referred to as MASSEDCO, is devoted to addressing the equity gap in post-secondary education for underprivileged youth and adults in Massachusetts. Their mission is to offer educational and career advising services to over 12,000 individuals annually, empowering individuals from diverse backgrounds to realize their potential. Economically and educationally disadvantaged individuals are the primary focus of their services, which are provided free of charge. The organization receives funding from various sources, including federal and state education departments, private foundations, and corporate sources.


Official website here: www.massedco.org

Who is the CEO of Massachusetts Education & Career Opportunities Inc?

Mark Bilotta is the Treasurer of Massachusetts Education & Career Opportunities Inc. The CEO's salary of Massachusetts Education & Career Opportunities Inc is $147,062 and their total compensation is $161,693.


Official website here: www.massedco.org

What is the revenue of Massachusetts Education & Career Opportunities Inc?

Massachusetts Education & Career Opportunities Inc's revenue in 2022 was $3,715,649.


Official website here: www.massedco.org

Who are the executives of Massachusetts Education & Career Opportunities Inc and what are their salaries?

The average compensation at Massachusetts Education & Career Opportunities Inc during 2022 was $39,743. There are 42 employees and 35 volunteers at Massachusetts Education & Career Opportunities Inc.

Here are 15 key members and their salaries (Massachusetts Education & Career Opportunities Inc's CEO's salary is $147,062 and their total compensation is $161,693):

    Mark Bilotta (Ceo)
  • Compensation: $147,062
  • Related: $0
  • Other: $14,631

    • Beverly Pierce (Director Of Eoc - Boston)
  • Compensation: $111,802
  • Related: $0
  • Other: $17,380

    • Allen J Falke (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Anderson (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Anastasopoulos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Collier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Fontaine (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Forman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Forsythe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clantha Mccurdy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Pomeroy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alisa Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Boisvert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carmen Veloria (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.massedco.org

    Where can I find the form 990 for Massachusetts Education & Career Opportunities Inc?

    The Massachusetts Education & Career Opportunities Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.massedco.org

    Learn more at the official website: www.massedco.org

    Mission Statement of Massachusetts Education & Career Opportunities Inc

    Massachusetts Education & Career Opportunities Inc, or Masasedco, serves to bridge the equity gap in post-secondary education attainment for low-income, first-generation, underrepresented, and marginalized youth and adults in Massachusetts. As a statewide network of service sites, Masasedco provides education and career advising to over 12,000 individuals annually, empowering people from diverse backgrounds to realize their potential, both economically and educationally. The organization's primary focus lies in assisting economically and educationally disadvantaged individuals, offering its services free of charge. Funding for Masasedco comes from various sources, including federal and state education departments, private foundations, and corporate entities.

    Impact

    This information is meant to be a general summary of Massachusetts Education & Career Opportunities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Massachusetts Education & Career Opportunities Inc works to bridge the equity gap in postsecondary education attainment for low-income, first generation, underrepresented, and marginalized youth and adults in Massachusetts. The organization, through its GEAR UP program, provides advising services, events, workshops, and field trips for low-income students to help them stay in school and pursue higher education opportunities. Based in Worcester, MA, Massachusetts Education & Career Opportunities Inc serves over 12,000 individuals each year, empowering people from diverse backgrounds to achieve their potential. By offering access to educational and career opportunities free of charge, the organization focuses on economically and educationally disadvantaged individuals. Funding for Massachusetts Education & Career Opportunities Inc comes from federal and state education departments, private foundations, and corporate sources. Through its mission, the organization has a positive impact on the lives of many individuals in the state of Massachusetts.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,862
  • Program Service Revenue: $98,115
  • Gross Receipts: $3,734,004

    • Assets and Liabilities:
  • Total Assets: $1,916,451
  • Total Liabilities: $1,087,741
  • Net Assets: $828,710
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM FEES

    Revenue

    $98,115

    Organization Details

    Founding Year

    1969

    Principal Officer

    Mark Bilotta

    Main Address

    18 CHESTNUT STREET 210, WORCESTER, MA, 01608

    NTEE Category

    Code: B80Z - Education

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