EIN 26-4232076

North Shore Alliance for Economic Development

IRS 501(c) type
501(c)(6)
Num. employees
0
City
Year formed
2008
Most recent tax filings
2023-06-01
NTEE code, primary
Description
North Shore Alliance for Economic Development supports business in Boston's North Shore through recruitment, retention, growth, and workforce development initiatives.
Total revenues
$273,066
2023
Total expenses
$396,231
2023
Total assets
$93,230
2023
Num. employees
0
2023

Program areas at North Shore Alliance for Economic Development

The Alliance's Small Business Technical Assistance and Educational Programs include: Alliance Policymakers Series, Business Clinics partnering the Massachusetts Office of Business Development and the Enterprise Center and the future of work symposium.
The Alliance also participates in the Governor's Workforce Skills Cabinet as a a member of the North East Regional Planning Team and Regional Labor Market Blueprint Presentation Team. The Massachusetts Workforce Skills Cabinet aligns the Executive Offices of Education, Labor and Workforce Development, and Housing and Economic Development toward a comrehensive economic growth agenda.
The Alliance commissioned the Center for Economic Development & Sustainability (CEDS) at Salem State University to produce the North Shore Region Business Snapshot Report. The Alliance will use and share this clear and compelling data to advance its economic development efforts that promote economic sustainability and growth.
The Alliance supports regional business recruitment, retention, growth and coordination with the following activities: Convening quarterly meeting of city/town planners and Economic/Community Development Directors; offering 5 Partnership initiatives with MOBD; updating Regional Priority Developments & Downtown Districts site listing for North Shore cities and towns; promoting regional activities through Alliance Weekly Newsletter, website, calendar of regional events & forums and social media; and developing and fostering regional partnerships.THE ALLIANCE BUSINESS SUPPORT IN FY23 INCLUDED SMALL BUSINESS WORKSHOPS OFFERED RANGING FROM TOPICS INCLUDING: CAPITAL, CASHFLOW, E-COMMERCE, LOANS, BUSINESS PLANS, STATE CERTIFICATION, MARKETING, ANDINTRODUCTIONS TO STATE AND FEDERAL RESOURCES. The North Shore Alliance for Economic Development focused its FY23 efforts on the Future of Work through Regional Readiness, Revitalization and Small Business Support to the 30 communities (including four gateway Cities) it serves through its existing/expanded offerings, new program initiatives and strategic regional partnerships.The Alliance's FY23 REDO Grant aligned its work to support and compliment the Commonwealth's Partnership for Growth and Partnership for Recovery priorities.Out FY23 REDO Grant work focused on five(5) areas: Regional Economic Data, Small Business Support/Equity/Competitiveness, Workfoce Development & Training, Regional Revitalization and Regional Communication and promotion.Programs to support these five ares included: Regional Economic Snapshot Update-North Shore Business Composition Report, Future of Work: Exploring the Competitive Landscape 2023: Workforce Trends, Impact of Remote Work and New Employer/Employee Relations Report, North Shore Business Diversity Directory-Phase 2, #Lead the Change with Equity-Women Owned Business Roundtable, Small Business Resource Webinars, MOBD Partnership Initiatives, Future of Work Symposium, Job Fair, Online Priority Development Site Listing (Phase 2) - Community Spotlights, Quarterly Economic Development Directors & Community Planners Meetings, Strategic Partnership Economic Development Projects, North Shore Conversations Podcasts, Alliance Policymakers Series, and Alliance Website/Weekly Electronic Newsletters/Social Media.The Alliance's REDO Grant funding for FY23 totalled $170,600 ($60,000 Alliance and $110,000 for for Regional Partnership Projects) to continue its impactful work on the North Shore and lower Merrimack Valley that has benefitted the region during this stabilization and revovery period in process.

Personnel at North Shore Alliance for Economic Development

NameTitleCompensation
Michael CahillBoard Chair and Director$0
Laura SwansonExecutive Director
Gary BarrettPast Executive Director$59,610

Financials for North Shore Alliance for Economic Development

RevenuesFYE 06/2023
Total grants, contributions, etc.$273,066
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$273,066

Form 990s for North Shore Alliance for Economic Development

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-09990View PDF
2022-062022-12-19990View PDF
2021-062021-11-09990EZView PDF
2020-062021-04-20990EZView PDF
2019-062019-11-21990EOView PDF
...and 8 more Form 990s

Organizations like North Shore Alliance for Economic Development

OrganizationLocationRevenue
Washington Economic Development GroupWashington, IA$265,673
Washington Economic Development Association IonSeattle, WA$767,858
Tech AlpharettaAlpharetta, GA$540,519
Littlefield Economic Development CorporationLittlefield, TX$860,381
Wayne County Economic Development AuthorityWayne, WV$285,938
Dickinson Area Economic Development AllianceIron Mountain, MI$185,555
Kerrville Economic Development CorporationKerrville, TX$512,433
Liberty Economic Development CorporationLiberty, MO$217,855
Ravenna Economic Development CorporationRavenna, NE$279,453
Chaffee County Economic Development CorporationSalida, CO$337,507
Data update history
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 20, 2024
Updated personnel
Identified 4 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
June 4, 2023
Updated personnel
Identified 8 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Partially liquidatedReceives government fundingNo full-time employees
General information
Address
121 Loring Ave
Salem, MA 01970
Metro area
Boston-Cambridge-Newton, MA-NH
County
Essex County, MA
Website URL
northshorealliance.org/ 
Phone
(978) 744-4430
IRS details
EIN
26-4232076
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2008
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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