Professional Convention Management Assoc New England Chapter Inc

Nonprofit profile at a glance

EIN
522447533
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Belmont, MA, USA
Phone
8778277262
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$37,961
Expenses
$38,332
Assets
$56,353
Liabilities
$8,714

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • MEAGAN VENDITTI (PRESIDENT)
  • HALEY MCNEARNEY (PRESIDENT-EL)

People named in this filing

  • MEAGAN VENDITTI (PRESIDENT)
  • SHIRA BRANDT (IMM PAST PRE)
  • HALEY MCNEARNEY (PRESIDENT-EL)

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

To deliver breakthrough education, encourage invovlement in community-based service programs, and promote the value of profesional convention and meeting management.

What it reported doing in 2024

Educational programs - to provide members with up to date, industry specific information for meeting profesionals and to provide assistance to prepare memebers seeking industry certifications.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 46% for direct work, and 54% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. 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: 57
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.1%; rating input score 57
  • Program expense ratio: 56.5%; rating input score 57

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -1%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 1.47; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 0.7% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: 1.5% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 57.1% of revenue deployed · 56.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $22K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 8 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 57/100.
  • Review — Financial Efficiency: Program expense ratio scored 57/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.