THE BOSTON CONSORTIUM FOR HIGHER EDUCATI Charity Report

Public IRS 990 nonprofit record

THE BOSTON CONSORTIUM FOR HIGHER EDUCATI

EIN 04-3427564 · Education (B022)

What they do

The Boston Consortium for Higher Education Empowers Its Member Institutions to Thrive In A Dynamic and Challenging Environment. Through Innovative Programs, Initiatives, and Thought Leadership, TBC Enables Members to Improve Their Financial and Operational Performance As Well As The Quality of Their Offerings.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $57.20 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 2024The charity has a recent tax report to read.

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

They name their leaders30 people are listed in the latest report.

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

Money made simple

55.20%of revenue went to mission work57.2% of expenses · Program services

$96.55spent for every $100 of revenueRevenue covered expenses this year.

41.34%of revenue went to management and office costs42.8% of expenses

$0.97in assets for every $1 spent this yearSome assets cannot be spent right away.

31.8%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.

Pay context: The highest compensation shown in this filing is $319,176 for KATHERINE KENNEDY (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

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 2024

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$2,415,269

Mission workProgram services$1,333,34555.20% of revenue57.2% of expenses

ManagementOffice and general costs$998,58741.34% of revenue42.8% of expenses

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

Revenue left after expensesReported annual surplus$83,3373.45% of revenueShown in gray on the chart

Total expenses$2,331,93296.55% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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

2024CurrentExpense mix: 57.2% mission · 42.8% management · 0.0% fundraisingTotal expenses: 96.55% of revenue

2023Expense mix: 60.3% mission · 39.7% management · 0.0% fundraisingTotal expenses: 105.63% of revenue

2022Expense mix: 73.8% mission · 26.2% management · 0.0% fundraisingTotal expenses: 104.09% of revenue

2021Expense mix: 60.5% mission · 39.5% management · 0.0% fundraisingTotal expenses: 95.90% of revenue

2020Expense mix: 59.9% mission · 40.1% management · 0.0% fundraisingTotal expenses: 89.14% of revenue

2019Expense mix: 59.2% mission · 40.8% management · 0.0% fundraisingTotal expenses: 83.85% of revenue

2018Expense mix: 61.5% mission · 38.5% management · 0.0% fundraisingTotal expenses: 84.11% of revenue

2017Expense mix: 62.0% mission · 38.0% management · 0.0% fundraisingTotal expenses: 89.49% of revenue

Money in and money out

Revenue$2,415,269

Expenses$2,331,932

Annual surplus $83,337 Revenue was higher than expenses 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)$1,333,345 · 57.2% of expenses

Management and office costs$998,587 · 42.8% of expenses

See all reported dollar amounts

Revenue$2,415,269

Expenses$2,331,932

Assets$2,257,994

Income$2,415,269

Contributions$769,000

Mission work (program services)$1,333,345

Grants given$100,000

Average grant$100,000

Management and general$998,587

Accounting fees$67,543

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

KATHERINE KENNEDYEXECUTIVE DIRECTOR · 40 hrs/week $319,176Base $280,353 · Other $38,823

SAMANTHA SPEZESKIDIRECTOR OF IA · 40 hrs/week $229,378Base $207,942 · Other $21,436

JESSICA SMITHDIRECTOR OF PROGRAMS · 40 hrs/week $148,045Base $124,935 · Other $23,110

SUSAN FLETCHERFMR DIRECTOR OF RISK · 40 hrs/week $138,250Base $126,020 · Other $12,230

MIKE SANTOLUCITOASST DIRECTOR IA · 40 hrs/week $122,244Base $109,412 · Other $12,832

GREGORY MONTYSR INTERNAL AUDITOR · 40 hrs/week $114,348Base $103,638 · Other $10,710

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

KATHERINE KENNEDYEXECUTIVE DIRECTOR

SAMANTHA SPEZESKIDIRECTOR OF IA

JESSICA SMITHDIRECTOR OF PROGRAMS

SUSAN FLETCHERFMR DIRECTOR OF RISK

MIKE SANTOLUCITOASST DIRECTOR IA

GREGORY MONTYSR INTERNAL AUDITOR

ROGER STACKPOOLEDIRECTOR

NICOLE TIRELLATREASURER (EFF 11/1/25)

PAUL DWORKISDIRECTOR

PIPER ORTONDIRECTOR

RICHARD MADONNADIRECOTR (EFF 11/1/25)

RITU KALRADIRECTOR

ROBERT BUTLERDIRECTOR (THRU 10/31/24)

MICHAEL WHITEOFFICER AT LARGE

SAMUEL SOLOMONCHAIR

THOMAS NEDELLDIRECTOR

TOM MALONEDIRECTOR (EFF 11/1/25)

MICHELLE QUINLANDIRECTOR (THRU 12/31/24)

ANDREW MAYLORDIRECTOR

MICHAEL THOMASDIRECTOR

MAUREEN FORRESTERDIRECTOR

KATIE HAMMERDIRECTOR

KATHERINE CRAVENDIRECTOR

JOHN CASEDIRECTOR (THRU 12/31/24)

JOHN BURKESECRETARY

JAMES HURLEYTREASURER (THRU 10/31/25)

DOROTHY HAUVERVICE CHAIR

DONNA GOLEMMEDIRECTOR

DAVID ROSATIDIRECTOR

BARBARA MATEZDIRECTOR

About this charity

Recognized since: January 1999
Location: 130 Rumford Ave Suite 213, Auburndale, MA 02466
County: Middlesex
In care of: Katherine Kennedy
Primary officer: Katherine Kennedy, Executive Director

How to reach them

WebsiteVisit the charity’s website Phone(339) 225-3820

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: DOUCETTE & DOUCETTE CPAS LLC
NTEE classification: Education (B022)
Grant-giving organization: Yes