NEPONSET VALLEY TMA CO TRANSACTION ASSOCIATES INC Charity Report

Public IRS 990 nonprofit record

NEPONSET VALLEY TMA CO TRANSACTION ASSOCIATES INC

EIN 04-3271952 · Public Finance, Taxation & Monetary Policy (W22)

What they do

THE NEPONSET VALLEY TMA is A MEMBER-BASED ORGANIZTION THAT WAS FOUNDED IN 1995. THE NVTMA is AN ACTION-ORIENTED ORGANIZATION THAT PROVIDES THE LEADERSHIP and TECHNICAL SUPPORT IN COMBINING THE RESOURCES of THE PUBLIC and PRIVATE SECTORS to MAXIMIZE MOBILITY IN SEVERAL COMMUNITIES LOCATED IN THE NEPONSET VALLEY REGION of MASSACHUSETTS. THE NVTMAS MISSION is to PROVIDE CRITICAL TRANSPORTATION SERVICES NEEDED to ENHANCE ECONOMIC VITALITY, WHILE MINIMIZING THE IMPACT of DEVELOPMENT, MAINTAINING ACCESS, and MAKING EFFICIENT USE of AND/OR WORKING to IMPROVE PUBLIC TRANSPORTATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

96.70%of revenue went to mission work95.4% of expenses · Program services

$109.02spent for every $100 of revenueSpending was higher than revenue this year.

4.67%of revenue went to management and office costs4.6% of expenses

$0.06in assets for every $1 spent this yearSome assets cannot be spent right away.

94.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $238,920 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,847,520

Mission workProgram services$2,753,61496.70% of revenue95.4% of expenses

ManagementOffice and general costs$133,0244.67% of revenue4.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$2,886,638101.37% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 95.4% mission · 4.6% management · 0.0% fundraisingTotal expenses: 101.37% of revenue

2022Expense mix: 96.8% mission · 3.2% management · 0.0% fundraisingTotal expenses: 99.23% of revenue

2021Expense mix: 95.6% mission · 4.4% management · 0.0% fundraisingTotal expenses: 100.14% of revenue

2020Expense mix: 94.0% mission · 6.0% management · 0.0% fundraisingTotal expenses: 99.85% of revenue

2019Expense mix: 99.3% mission · 0.7% management · 0.0% fundraisingTotal expenses: 100.84% of revenue

2018Expense mix: 99.3% mission · 0.7% management · 0.0% fundraisingTotal expenses: 98.52% of revenue

2017Expense mix: 99.0% mission · 1.0% management · 0.0% fundraisingTotal expenses: 104.75% of revenue

2016Expense mix: 98.8% mission · 1.2% management · 0.0% fundraisingTotal expenses: 112.14% of revenue

Money in and money out

Revenue$2,647,718

Expenses$2,886,638

Annual shortfall $238,920 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,753,614 · 95.4% of expenses

Management and office costs$133,024 · 4.6% of expenses

See all reported dollar amounts

Revenue$2,647,718

Expenses$2,886,638

Assets$175,598

Income$2,647,718

Contributions$2,489,178

Mission work (program services)$2,753,614

Grants given$1,453,562

Average grant$39,285

Management and general$133,024

Accounting fees$14,400

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (16)

BETH WEIRLINGBOARD CHAIR

BRIAN MCCUSKERTREASURER

CHRISTINE COUGHLANDIRECTOR

CYNTHIA FRENEEXECUTIVE DI

ELIZBETH FAGANDIRECTOR

GAIL MCGILVERYDIRECTOR

JANET MOONEYDIRECTOR

JENNIFER WRENDIRECTOR

JERUAD GUMMSECRETART

JOSEPH MAREGNIDIRECTOR

KRISEN GUYDIRECTOR

LEYLA KIMBALLDIRECTOR

MATT ANTONUCCIDIRECTOR

PAUL S CINCOTTADIRECTOR

REBECCA SHORTDIRECTOR

YADIRA MARTINEZVICE CHAIR

About this charity

Recognized since: January 1996
Location: 5 WHEELING AVENUE, WOBURN, MA 01801-6810
County: Middlesex
In care of: % TRANSACTION ASSOCIATES INC
Primary officer: CYNTHIA FRENE, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emaildirector@neponsetvalleytma.org Phone(781) 895-1100

Filing and classification

Latest tax year: 2023
Tax period began: June 1, 2023
Return type: 990
Tax preparer: CARNEY ROY AND GERROL PC
NTEE classification: Public Finance, Taxation & Monetary Policy (W22)
IRS tax category: Public Finance, Taxation & Monetary Policy
Grant-giving organization: Yes