Independent Maintenance & Service Employees of America
Nonprofit profile at a glance
- EIN
- 042168505
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Wellesley, MA, USA
- Phone
- 7812832777
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $117,710
- Expenses
- $49,947
- Assets
- $1,450,599
- Liabilities
- $571
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- RICH MCGRATH (President)
- DAN SAPONARO (Vice President)
Highest reported compensation
- PATRICIA DIGGINS (BUSINESS AGENT): $5,070 total reported compensation
- BRIAN SULLIVAN (Treasurer): $3,621 total reported compensation
- MAUREEN SULLIVAN (Secretary): $2,608 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve and maintain a high level of economic welfare of it's 231 members and to promote social, educational and community activities.
What it reported doing in 2024
To improve and maintain a high level of economic welfare of its 231 members and to promote social, educational and community activities
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 62% for direct work, and 38% for member benefits.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 12
- Transparency & Controls: 90
- Accountability: 68
- Sustainability: 80
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 9.1%; rating input score 9
- Program expense ratio: 22.3%; rating input score 22
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 57.6%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 29.04; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 38%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 47% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 9.1% of revenue deployed · 22.3% of spending went to programs
- Governance: 12 of 12 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $5K · 12 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 2 filed schedules
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- 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.
- High — Financial Efficiency: Mission deployment rate scored 9/100.
- High — Financial Efficiency: Program expense ratio scored 22/100.
- High — Accountability: Governance controls: 6 of 8 not reported.
- High — Sustainability: Officer compensation ratio scored 7/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.