2015-02-16T12:45:24-06:00 2014-09-30 042887211 KATZ NANNIS SOLOMON PC 800 SOUTH STREET SUITE 250 WALTHAM MA 024531480 990EZ 2013-10-01 451027952 ASSOCIATION OF CLEAN TECHNOLOGY INCUBATORS OF NEW ENGLAND INC ASSO 5089109831 151 MARTINE STREET FALL RIVER MA 02723 LOU PETROVIC PRESIDENT 5089109831 2015-02-05 1 LAWRENCE S NANNIS CPA P00061155 7814538700 2013 2016-03-07 17:11:31Z X WWW.ACTIONNEWENGLAND.ORG X X 72479 X 31116 10025 11394 19944 72479 7400 71375 5275 146 19047 103243 -30764 26268 0 -4496 X 28761 5579 17368 19752 46129 25331 19861 29827 26268 -4496 X THE ASSOCIATION OF CLEAN TECHNOLOGY INCUBATORS OF NEW ENGLAND, INC. (ACTION), A MASSACHUSETTS NON-PROFIT CORPORATION FORMED IN 2011, IS A BUSINESS LEAGUE THAT FOSTERS THE ASSOCIATION OF PERSONS HAVING A COMMON BUSINESS INTEREST IN ADVANCING THE CLEAN TECHNOLOGY INDUSTRY THROUGHOUT NEW ENGLAND. ACTION'S MISSION IS TO ENHANCE COLLABORATION AMONG NEW ENGLAND CLEAN TECHNOLOGY INCUBATORS TO STRENGTHEN THE REGIONAL CLUSTER, ACCELERATE EARLY STAGE COMPANY GROWTH, AND GROW GREEN JOBS. ACTION IS NOT ORGANIZED FOR PROFIT AND NO PART OF ITS NET EARNINGS INURE TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL. ACTION IS DEDICATED TO IMPROVING BUSINESS CONDITIONS FOR CLEAN TECHNOLOGY INCUBATORS AND ORGANIZATIONS BY PROMOTING GROWTH AND DEVELOPMENT ACROSS THE INDUSTRY. ACTION IS THE LEAD MEMBER OF THE "ACTION NETWORK" COMPRISED OF NOT-FOR-PROFIT CLEAN TECHNOLOGY INCUBATORS THROUGHOUT NEW ENGLAND, ENTREPRENEURS/EMERGING COMPANIES AND OTHER ENTITIES HAVING AN INTEREST IN THE CLEAN-TECH INDUSTRY. PIPELINE DEVELOPMENT: THE PURPOSE OF THIS PROGRAM IS TO DEVELOP THE NETWORK INCLUDING ENCOURAGING OTHER INCUBATORS TO JOIN AS MEMBERS OF ACTION. THEY ALSO AIM TOWARDS ATTRACTING PORTFOLIO COMPANY PARTICIPATION IN ACTION NETWORK INCUBATORS - ATTENDING INDUSTRY CONFERENCES, WORKSHOPS, AND EDUCATIONAL FORUMS. THE ATTENDANCE AT SUCH CONFERENCES, WORKSHOPS AND EDUCATIONAL FORUMS IS FUNDED BY GRANTS, MEMBERSHIP, AND SPONSORSHIP SUPPORT. 0 0 FUNDRAISING AND DISTRIBUTION OF GRANTS: THE ORGANIZATION HAS MOVED FORWARD IN MAKING DIRECT GRANTS TO INCUBATORS, EACH A NON-PROFIT CORPORATION WHICH HAS OBTAINED 501(C)(3) EXEMPTION FROM THE INTERNAL REVENUE SERVICE, AND/OR TAX EXEMPT UNIVERSITIES THAT ARE PUBLIC UNIVERSITIES, OUT OF OVERALL FUNDS RECEIVED BY ACTION FROM FEDERAL AND STATE AWARDS FOR CLEAN TECHNOLOGY INITIATIVES, FOR SUCH INCUBATOR'S USE IN INTERNAL OPERATIONS SUPPORT, PROGRAM DEVELOPMENT, AND SIMILAR PURPOSES. SUCH GRANTS WILL BE AWARDED TO MEMBER INCUBATORS AND UNIVERSITIES PURSUANT TO THE OBJECTIVES AND CRITERIA SET FORTH BY THE GRANTOR COUPLED WITH INPUT FROM AN INDEPENDENT COMMITTEE OF THE BOARD. ACTION INTENDS THAT THE GRANT MAKING PROCESS WILL BE TRANSPARENT AND WITHOUT CONFLICT OF INTEREST. THESE GRANTS WILL BE FUNDED FROM SPONSORSHIP/MEMBERSHIP REVENUES, REGIONAL, STATE AND FEDERAL AGENCIES, FOUNDATIONS AND OTHER SOURCES, THE U-LAUNCH PROGRAM, THE 16 GREEN AWARD AND OTHER SIMILAR PROGRAMS, AND GRANTS FROM TIME TO TIME. 0 0 STRATEGY/ ADMINISTRATION WITHIN THE INDUSTRY: THE PURPOSE OF THIS PROGRAM INCLUDES STRATEGY DEVELOPMENT AND IMPLEMENTATION, AND GENERAL MANAGEMENT OF OPERATIONS INCLUDING OVERSIGHT OF VOLUNTEERS AND INTERNS. 0 0 MICHAEL RYAN DIRECTOR 3.00 0 0 0 LOU PETROVIC PRESIDENT 1.00 0 0 0 VINCENT DEVITO DIRECTOR 1.00 0 0 0 BOB O'BRIEN DIRECTOR 1.00 0 0 0 TOM KINNEMAN TREASURER 3.00 0 0 0 MARLA MICHEL DIRECTOR 1.00 0 0 0 GILLIAN ISABELLE EXECUTIVE DIRECTOR & CLERK 30.00 3000 0 0 JEFF MCAULEY DIRECTOR 1.00 0 0 0 JASON HANNA DIRECTOR 1.00 0 0 0 JEFF MARKS DIRECTOR 1.00 0 0 0 MARK KAPLAN DIRECTOR 1.00 0 0 0 X 0 0 0 0 0 0 0 0 GILLIAN ISABELLE 345 UPLAND AVENUE NEWTON MA 02461 6178775911 0 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE DESCRIPTION: REIMBURSED EXPENSES. AMOUNT: 7,744. DESCRIPTION: GREENTOWN LABS 2012 AWARD NOT ISSUED. AMOUNT: 12,200. TOTAL TO FORM 990-EZ, LINE 8: 19,944. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: AWARDS GIVEN. GRANTEE NAME: GREEN TOWN LABS. GRANTEE ADDRESS: 28 DANE STREET SOMERVILLE, MA 02143. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 11/10/13. AMOUNT GIVEN: 750. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: AWARDS GIVEN. GRANTEE NAME: GREEN TOWN LABS. GRANTEE ADDRESS: 28 DANE STREET SOMERVILLE, MA 02143. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 12/01/13. AMOUNT GIVEN: 5,950. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: AWARDS GIVEN. GRANTEE NAME: AKITA INNOVATIONS LLC. GRANTEE ADDRESS: 267 BOSTON ROAD SUITE 11 NORTH BILLERICA, MA 01862. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 03/17/14. AMOUNT GIVEN: 700. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 7,400. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: MEMBERSHIP DUES. AMOUNT: 3,360. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 7,020. DESCRIPTION: INSURANCE. AMOUNT: 2,675. DESCRIPTION: BANK FEES. AMOUNT: 26. DESCRIPTION: INTERNET EXPENSE. AMOUNT: 752. DESCRIPTION: CONFERENCE FEES. AMOUNT: 1,014. DESCRIPTION: EVENT SUPPORT. AMOUNT: 849. DESCRIPTION: TRAVEL EXPENSE. AMOUNT: 1,852. DESCRIPTION: MEALS. AMOUNT: 499. DESCRIPTION: MARKETING. AMOUNT: 206. DESCRIPTION: PAYROLL PROCESSING FEES. AMOUNT: 775. DESCRIPTION: STATE TAXES. AMOUNT: 19. TOTAL TO FORM 990-EZ, LINE 16: 19,047. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 11,157. END OF YEAR AMOUNT: 0. DESCRIPTION: MEMBER DUES RECEIVABLE. BEG. OF YEAR AMOUNT: 6,211. END OF YEAR AMOUNT: 19,752. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: AWARDS/GRANTS PAYABLE. BEG. OF YEAR AMOUNT: 7,034. END OF YEAR AMOUNT: 0. DESCRIPTION: CINE PROGRAM PAYABLE. BEG. OF YEAR AMOUNT: 5,952. END OF YEAR AMOUNT: 5,952. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 6,875. END OF YEAR AMOUNT: 23,875. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.