Canton Association of Business and Industry Inc
Nonprofit profile at a glance
- EIN
- 237306949
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- Canton, MA, USA
- Phone
- 7818282555
- Rating confidence
- Limited
Reported finances
- Revenue
- $38,509
- Expenses
- $36,507
- Assets
- $100,123
- Liabilities
- $420
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- TY CONDER (PRESIDENT)
- NICK FITZGERALD (PRESIDENT EL)
People named in this filing
- TY CONDER (PRESIDENT)
- ENRIQUE MONTEMAYOR (VICE-PRESIDE)
- STEPHEN P COSTELLO (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The canton association of business and industry is a nonprofit corporation working since 1972 to make canton a better community for both business and residents. We have served as a bridge of understanding and cooperation between citizens, government and our member companies.
What it reported doing in 2024
The association provides a periodic newsletter to members and local town officals. Provides educational seminars for members and interested citizens. To maintain a good working relationship between its members and the citizens of canton.
Operating model
- Revenue model
- Membership-supported. 86% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 51
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 5.2%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 2.74; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 33.6%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.1% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 2.5% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 55/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.