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  5. Boston mutual assistance organizations

Boston mutual assistance organizations

There are 986mutual assistance and financial organizations in the greater Bostonmetro area, including the cities of Boston, Cambridge, Framingham, Newton, and Waltham. Combined, these Boston metro mutual assistance organizationsemploy 4,534 people, earn more than $5 billion in revenue each year, and have assets of $9 billion.
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Types of mutual assistance organizations in Boston

Job trends for Boston mutual assistance organizations

Employees per organizationNumber of organizations
0
227
1-10
68
11-25
45
26-100
19
101 to 1,000
3
1,000+
1
Key takeaways for employment stats:

Sizes of mutual assistance organizations in Boston

Revenues per organizationNumber of organizations
< $250k
256
$250k to $1M
84
$1M to $5M
40
$5M to $25M
34
$25M to $100M
11
$100M+
9
Key takeaways for revenue stats:

Directory of mutual assistance organizations in Boston

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1-20 of 986

Guaranty Fund Management Services

GFMS provides management & supervisory services for insolvent/liquidated insurers in seven states and DC, assisting member associations to handle covered claims.
Revenue
$6.8m
Assets
$6.8m
Employees
36
EIN
04-2712442
IRS type
501(c)(6)

Workers Compensation Research Institute (WCRI)

To be a catalyst for significant improvements in workers' compensation systems, providing the public with objective, credible, high-quality research on important public policy issues.
Revenue
$7.7m
Assets
$14.2m
Employees
29
EIN
36-3264285
IRS type
501(c)(3)

National Academy of Sciences Retiree Welfare Benefit Plan Trust

Trust for NAS retirees provides health and life insurance premium programs. Manages, holds, and invests certificates. Located in Portsmouth, NH.
Revenue
$6.4m
Assets
$59.0m
Employees
0
EIN
52-6976965
IRS type
501(c)(3)

Charles Stark Draper Laboratory

Draper is an American not-for-profit research and development organization specializes in the design, development, and deployment of advanced technology solutions to problems in national security, space exploration, health care and energy.
Revenue
$673.3m
Assets
$675.7m
Employees
2,212
EIN
04-2505372
IRS type
501(c)(3)

Royal Arcanum

To unite fraternally by providing quality financial products to its members and to assist in education of its members, both morally an intellectually. Also to donate time and money for community service and charitable causes.
Revenue
$9.3m
Assets
$99.5m
Employees
18
EIN
04-1885430
IRS type
501(c)(8)

Mass Credit Union Share Insurance Corporation

Insurer of deposits for Massachusetts credit unions, providing excess share and deposit insurance to strengthen the industry while preserving its integrity.
Revenue
$6.9m
Assets
$111.2m
Employees
10
EIN
04-2296410
IRS type
501(c)(6)

Massachusetts Insurers Insolvency Fund (GFMS)

To be derived from maintaining a single efficient management and claims service organization, with a professional staff ready to serve the associations and funds as needed.
Revenue
$904.0k
Assets
$210.6m
Employees
0
EIN
23-7304306
IRS type
501(c)(6)

Sheet Metal Workers Union Local No 17 Insurance Fund

The Sheet Metal Workers Union Local No 17 Insurance Fund is a collectively bargained multiemployer plan that provides health and other specified benefits to eligible members/dependents.
Revenue
$50.0m
Assets
$88.7m
Employees
31
EIN
04-2088633
IRS type
501(c)(9)

Scottish Rite Boston

Scottish Rite Boston strengthens Masonic values and character, supports family and community, and serves humanity through charitable outreach.
Revenue
$419.8k
Assets
$13.2m
Employees
6
EIN
04-1590115
IRS type
501(c)(10)

Pipefitters Union Local No 537 Health and Welfare Fund

Pipefitters Local 537 install piping systems that carry hot water, steam, air, or other liquids or gases needed for industrial production or other uses. We install both high and low pressure systems in Industrial and Commercial Facilities.
Revenue
$54.4m
Assets
$75.4m
Employees
0
EIN
04-2167074
IRS type
501(c)(9)

Commonwealth of Massachusettsnage Health & Welfare Fund

The Commonwealth of Massachusettsnage Health & Welfare Fund operates a welfare program for employees under a collective bargaining agreement. The Fund provides benefits to eligible participants and administers the program.
Revenue
$12.3m
Assets
$20.5m
Employees
4
EIN
04-2845153
IRS type
501(c)(9)

Ironworkers District Council of New England Health & Welfare Fund

Ironworkers District Council of New England Health & Welfare Fund is a fraternal organization in Dorchester, MA whose mission is: To provide medical benefits.
Revenue
$38.2m
Assets
$74.1m
Employees
42
EIN
04-2163872
IRS type
501(c)(9)

Newton Cemetery Corporation

Newton Cemetery Corp. operates garden cemetery in MA, providing serene atmosphere and burial services for people of all faiths.
Revenue
$6.4m
Assets
$61.3m
Employees
43
EIN
04-1670384
IRS type
501(c)(13)

The Proprietors of Forest Hills Cemetery

Forest Hills Cemetery operates a cemetery and crematory in Jamaica Plain, MA, providing burial and crematory services to the public.
Revenue
$7.9m
Assets
$44.7m
Employees
40
EIN
04-1335965
IRS type
501(c)(13)

Health and Welfare Trust Fund Local 103 IBEW

Health and Welfare Trust Fund Local 103 IBEW provides accident, hospital, medical, pharmaceutical, surgical, dental, disability, and death benefits for eligible members and their families as specified in the plan.
Revenue
$217.4m
Assets
$461.6m
Employees
21
EIN
04-6063733
IRS type
501(c)(9)

Proprietors of Mount Auburn Cemetery

Reflecting the 1831 vision of its founders, Mount Auburn commemorates the dead in a landscape of exceptional beauty and tranquility; providing comfort and inspiration to the bereaved and the public as a whole; protects and improves its historic landscape,....
Revenue
$17.8m
Assets
$307.8m
Employees
104
EIN
04-1641320
IRS type
501(c)(13)

Teamsters Union Local 25 Health Services and Insurance Plan

The Plan provides medical, hospitalization, dental, vision, hearing, life insurance, counseling, weekly disability, and prescription drug benefits for eligible participants and their dependents.
Revenue
$206.4m
Assets
$308.8m
Employees
74
EIN
04-2226511
IRS type
501(c)(9)

Massachusetts Laborers' Health and Welfare Fund

The Massachusetts Laborers' Health and Welfare Fund provides health and other benefits to eligible participants through a fraternal beneficiary society and voluntary employees association organizational structure in Burlington, MA.
Revenue
$170.5m
Assets
$545.6m
Employees
56
EIN
04-2214296
IRS type
501(c)(9)

Woodlawn Cemetery

Woodlawn Cemetery is a cemetery located in Everett, MA, which offers interments, cremations, and other services related to the disposal of human remains.
Revenue
$18.6m
Assets
$134.0m
Employees
38
EIN
04-1986040
IRS type
501(c)(13)

Plumbers Union Local 12 Welfare Plan Health and Welfare Fund

To provide health and other specified benefits to 1404 eligible members/dependents through a collectively bargained multiemployer plan.
Revenue
$36.2m
Assets
$28.0m
Employees
8
EIN
04-2157164
IRS type
501(c)(9)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "Y00: Mutual and Benefit Organizations: General" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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