2025-11-17T15:59:19-06:00 2024-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-01-01 043265642 WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION WORC 5087532924 311 MAIN STREET 200 WORCESTER MA 01608 TIMOTHY P MURRAY PRESIDENT 5087532924 2025-11-17 1 1 NICHOLE REILLY CPA P01633587 5083669100 2025-11-17 2024 2025-03-06 01:10:19Z TIMOTHY P MURRAY 311 MAIN STREET 200 WORCESTER MA 01608 6870188 0 X N/A X 1995 MA SUPPORT THE CHARITABLE PURPOSES OF THE WORCESTER REGIONAL CHAMBER OF COMMERCE (THE CHAMBER) BY: 1) DEVELOPING AND DELIVERING RELEVANT PROGRAMS AND SERVICES TO THE CHAMBER, ITS AFFILIATES, LOCAL BUSINESS COMMUNITY AND GENERAL PUBLIC; AND 2) LESSENING THE BURDENS OF GOVERNMENT BY COMBATTING COMMUNITY DETERIORATION AND ENABLING ECONOMIC DEVELOPMENT BY SUPPORTING DISTRESSED AREAS WITHIN THE SERVICE AREAS OF THE CHAMBER. 17 16 0 16 0 0 1769954 4782804 142793 595194 11212 20524 108236 308479 2032195 5707001 242000 9500 0 0 0 0 0 0 0 887250 1134705 1129250 1144205 902945 4562796 2940421 7973096 832185 1268964 2108236 6704132 X SUPPORT THE CHARITABLE PURPOSES OF THE WORCESTER REGIONAL CHAMBER OF COMMERCE (THE CHAMBER) BY: 1) DEVELOPING AND DELIVERING RELEVANT PROGRAMS AND SERVICES TO THE CHAMBER, ITS AFFILIATES, LOCAL BUSINESS COMMUNITY AND GENERAL PUBLIC; AND 2) LESSENING THE BURDENS OF GOVERNMENT BY COMBATTING COMMUNITY DETERIORATION AND ENABLING ECONOMIC DEVELOPMENT BY SUPPORTING DISTRESSED AREAS WITHIN THE SERVICE AREAS OF THE CHAMBER. 0 0 84440 5000 WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION (THE FOUNDATION) PROVIDES EDUCATIONAL PROGRAMS TO THE MEMBERSHIP OF THE CHAMBER AND THE LOCAL BUSINESS COMMUNITY. 1011694 4500 903673 THE FOUNDATION PROVIDES ADMINISTRATIVE, FINANCIAL AND PERSONNEL SERVICES TO ORGANIZATIONS WHOSE PURPOSES ARE CONSISTENT WITH THE FOUNDATION'S UNDER FISCAL SPONSORSHIP AGREEMENTS. 1096134 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 13 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 MA X TIMOTHY P MURRAY 5087532924 311 MAIN STREET 200 WORCESTER MA 01608 TIMOTHY P MURRAY PRESIDENT 4.00 36.00 X X 0 319939 1901 DEMITRIOS M MOSCHOS CHAIR 1.00 X X 0 0 0 KATHERINE BAGDIS VICE CHAIR 1.00 X X 0 0 0 ERIC TORKORNOO CLERK 1.00 2.00 X X 0 0 0 SATYA B MITRA TREASURER 1.00 2.00 X X 0 0 0 KOLA AKINDELE DIRECTOR 1.00 1.00 X 0 0 0 CRAIG L BLAIS DIRECTOR 1.00 1.00 X 0 0 0 ERIC A BUSENBURG DIRECTOR 1.00 2.00 X 0 0 0 CHRISTINE CASSIDY DIRECTOR 1.00 1.00 X 0 0 0 ROBERT D COX JR DIRECTOR 1.00 X 0 0 0 DIANE M GIAMPA DIRECTOR 1.00 1.00 X 0 0 0 CAROLYN JACKSON DIRECTOR 1.00 1.00 X 0 0 0 JAMIE SALOIS DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL CRAWFORD DIRECTOR 1.00 X 0 0 0 ERIC GOODWINE DIRECTOR 1.00 X 0 0 0 SHEILA KING-GOODWIN DIRECTOR 1.00 X 0 0 0 JACKSON RESTREPO DIRECTOR 1.00 X 0 0 0 KAREN PELLETIER EXECUTIVE VICE PRESIDENT 0.00 40.00 X 0 161550 13873 LINDA SALEM-PERVIER VP MEMBERSHIP DEVELOPMENT & FINANCE 0.00 40.00 X 0 104672 2479 0 586161 18253 0 0 1 0 RUBICON BUILDERS LLC 800 S MAIN ST MANSFIELD MA 02048 GENERAL CONTRACTOR 2840789 COLLIERS PROJECT LEADERS USA NE 132 NEW RD UNIT 2 MADISON CT 06443 PROJECT MANAGER 142276 2 3091486 1691318 4782804 SPONSORSHIPS 900099 441000 441000 KITCHEN AND STORAGE RENTAL INCOME 900099 127909 127909 CONTRACT REVENUE 900099 26285 26285 595194 20524 20524 1467898 1163187 304711 304711 OTHER INCOME 900099 3768 3768 3768 5707001 903673 0 20524 9500 9500 377382 338137 39245 48104 48104 40708 40708 29155 29155 1929 1929 1751 1751 160288 160288 98290 98290 47623 47623 20004 20004 PROGRAMS AND EVENTS 140200 140200 MISCELLANEOUS EXPENSE 78453 69627 8826 EQUIPMENT AND OPERATION 52625 52625 BAD DEBTS 20597 20597 17596 17596 1144205 1096134 48071 0 323482 672717 25004 31251 742939 1302833 172853 107080 4130037 92561 712522 4037476 476755 1405327 486866 416412 2940421 7973096 217960 657885 43750 570475 611079 832185 1268964 X 23310 452886 2084926 6251246 2108236 6704132 2940421 7973096 4562796 33100 0 X X 0 1 X 1 1 1 X 595818 655770 1078853 1762454 4782804 8875699 588668 503143 696734 912668 2063092 4764305 1184486 1158913 1775587 2675122 6845896 13640004 5000 5000 62596 62596 67596 67596 13572408 1697 5957 11212 20524 39390 1697 5957 11212 20524 39390 205000 7500 3768 216268 1184486 1160610 1986544 2693834 6870188 13895662 0.97670 0.96720 0.00280 0.00270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 99931 92561 7370 4030106 4030106 4037476 MUTUAL FUNDS 1405327 F 1405327 DUE FROM RELATED PARTY 30500 OPERATING RIGHT-OF-USE ASSETS 385912 416412 DUE TO RELATED PARTY 145306 OPERATING LEASE LIABILITIES 450973 SECURITY DEPOSITS 14800 611079 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT DECEMBER 31, 2024. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 0 0 0 0 0 0 0 0 0 TIMOTHY P MURRAY PRESIDENT 0 319939 0 0 0 0 0 0 0 1901 0 321840 0 0 KAREN PELLETIER EXECUTIVE VICE PRESIDENT 0 161550 0 0 0 0 0 0 0 13873 0 175423 0 0 PART I, LINE 3 ALL EMPLOYEES ARE EMPLOYEES OF THE CHAMBER, AN ENTITY RELATED THROUGH COMMON BOARD MEMBERSHIP. ALL COMPENSATION IS PAID ENTIRELY BY WRCC AND RECORDED IN THE CONSOLIDATING AUDITED FINANCIAL STATEMENTS OF THE CHAMBER AND THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY LINDA SALEM PERVIER AND BOARD CHAIR PRIOR TO ITS FILING. IT IS AVAIABLE TO OTHER BOARD MEMBERS, AS REQUESTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR. WORCESTER REGIONAL CHAMBER OF COMMERCE 311 MAIN STREET SUITE 200 WORCESTER MA 01608 041988780 IMPROVE CENTRAL MASS ECONOMY THROUGH PROMOTIONAL AND MA 501(C)(6) 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: NAME, ADDRESS, AND EIN OF RELATED ORGANIZATION: WORCESTER REGIONAL CHAMBER OF COMMERCE EIN: 04-1988780 311 MAIN STREET, SUITE 200 WORCESTER, MA 01608 PRIMARY ACTIVITY: IMPROVE CENTRAL MASS ECONOMY THROUGH PROMOTIONAL AND EDUCATIONAL EFFORTS DIRECT CONTROLLING ENTITY: WORCESTER REGIONAL CHAMBER OF COMMERCE