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Insulation Industry Promotion Fund Of Massachusetts

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$278k (2023)

Expenses
$280k (2023)

Total Assets
$470k (2023)

Total Liabilities
$29.4k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$277,911
Expenses
$279,509
Net Income
-$1,598
Net Assets
$441,039
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $189,475
68.2%
Investment Income $10,509
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $77,927
28.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $470,440
Total Liabilities $29,401
Net Assets $441,039
Compensation
Key Employees and Officers Compensation Related Other
Sarah Ferrulle (President) $0 $0 $0
Patrick Gallagher (Officer/Trustee) $0 $0 $0
Stephen Johnson (Officer/Trustee) $0 $0 $0
Paul Bizozzero (Vice President) $0 $0 $0
Michael Robbins (Officer/Trustee) $0 $0 $0
Leonard Carlson (Officer/Trustee) $0 $0 $0
Michael Passamonti (Officer/Trustee) $0 $0 $0
Paul Ainsworth (Officer/Trustee) $0 $0 $0
Tom Romano (Officer/Trustee) $0 $0 $0
Tyler Medeiros (Officer/Trustee) $0 $0 $0
Glenn Beard (Officer/Trustee) $0 $0 $0
Thomas Gallagher (Officer/Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$237,118
Expenses
$237,919
Net Income
-$801
Net Assets
$442,637
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $161,219
68.0%
Investment Income $2,012
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $73,887
31.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $453,386
Total Liabilities $10,749
Net Assets $442,637
Compensation
Key Employees and Officers Compensation Related Other
Sarah Ferrulle (President) $0 $0 $0
Patrick Gallagher (Officer/Trustee) $0 $0 $0
Stephen Johnson (Officer/Trustee) $0 $0 $0
Paul Bizozzero (Vice President) $0 $0 $0
Michael Robbins (Officer/Trustee) $0 $0 $0
Leonard Carlson (Officer/Trustee) $0 $0 $0
Michael Passamonti (Officer/Trustee) $0 $0 $0
Paul Ainsworth (Officer/Trustee) $0 $0 $0
Tom Romano (Officer/Trustee) $0 $0 $0
Tyler Medeiros (Officer/Trustee) $0 $0 $0
Glenn Beard (Officer/Trustee) $0 $0 $0
Thomas Gallagher (Officer/Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$205,199
Expenses
$166,916
Net Income
$38,283
Net Assets
$443,438
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $152,789
74.5%
Investment Income $683
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $51,727
25.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $449,874
Total Liabilities $6,436
Net Assets $443,438
Compensation
Key Employees and Officers Compensation Related Other
Sarah Ferrulle (President) $0 $0 $0
Patrick Gallagher (Officer/Trustee) $0 $0 $0
Stephen Johnson (Officer/Trustee) $0 $0 $0
Paul Bizozzero (Vice President) $0 $0 $0
Michael Robbins (Officer/Trustee) $0 $0 $0
Leonard Carlson (Officer/Trustee) $0 $0 $0
Michael Passamonti (Officer/Trustee) $0 $0 $0
Paul Ainsworth (Officer/Trustee) $0 $0 $0
Tom Romano (Officer/Trustee) $0 $0 $0
Tyler Medeiros (Officer/Trustee) $0 $0 $0
Glenn Beard (Officer/Trustee) $0 $0 $0
Thomas Gallagher (Officer/Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$144,612
Expenses
$132,284
Net Income
$12,328
Net Assets
$405,155
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $115,903
80.1%
Investment Income $2,809
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $25,900
17.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $411,391
Total Liabilities $6,236
Net Assets $405,155
Compensation
Key Employees and Officers Compensation Related Other
Sarah Ferrulle (President) $0 $0 $0
Patrick Gallagher (Officer/Trustee) $0 $0 $0
Stephen Johnson (Officer/Trustee) $0 $0 $0
Paul Bizozzero (Vice President) $0 $0 $0
Michael Robbins (Officer/Trustee) $0 $0 $0
Leonard Carlson (Officer/Trustee) $0 $0 $0
Michael Passamonti (Officer/Trustee) $0 $0 $0
Paul Ainsworth (Officer/Trustee) $0 $0 $0
Tom Romano (Officer/Trustee) $0 $0 $0
Tyler Medeiros (Officer/Trustee) $0 $0 $0
Glenn Beard (Officer/Trustee) $0 $0 $0
Thomas Gallagher (Officer/Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$202,335
Expenses
$153,254
Net Income
$49,081
Net Assets
$392,827
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $159,623
78.9%
Investment Income $2,962
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $39,750
19.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $395,474
Total Liabilities $2,647
Net Assets $392,827
Compensation
Key Employees and Officers Compensation Related Other
Sarah Ferrulle (President) $0 $0 $0
Patrick Gallagher (Officer/Trustee) $0 $0 $0
Stephen Johnson (Officer/Trustee) $0 $0 $0
Paul Bizozzero (Vice President) $0 $0 $0
Michael Robbins (Officer/Trustee) $0 $0 $0
Leonard Carlson (Officer/Trustee) $0 $0 $0
Michael Passamonti (Officer/Trustee) $0 $0 $0
Paul Ainsworth (Officer/Trustee) $0 $0 $0
Tom Romano (Officer/Trustee) $0 $0 $0
Tyler Medeiros (Officer/Trustee) $0 $0 $0
Glenn Beard (Officer/Trustee) $0 $0 $0
Thomas Gallagher (Officer/Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$182,607
Expenses
$143,712
Net Income
$38,895
Net Assets
$343,746
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,664
1.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $36,000
19.7%
Assets/Debt
Total Assets $346,242
Total Liabilities $2,496
Net Assets $343,746
Compensation
Key Employees and Officers Compensation Other
Stephen Johnson (President) $0 $0
Sarah Ferrulle (Vice President) $0 $0
Thomas Gunning (Ex. Dir./Sec.) $0 $0
Patrick Gallagher (Officer/Trustee) $0 $0
Tom Romano (Officer/Trustee) $0 $0
Paul Bizozzero (Officer/Trustee) $0 $0
Michael Robbins (Officer/Trustee) $0 $0
Leonard Carlson (Officer/Trustee) $0 $0
Michael Passamonti (Officer/Trustee) $0 $0
Paul Ainsworth (Officer/Trustee) $0 $0
Glenn Beard (Officer/Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$172,087
Expenses
$104,887
Net Income
$67,200
Net Assets
$304,851
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,062
1.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,850
17.9%
Assets/Debt
Total Assets $308,378
Total Liabilities $3,527
Net Assets $304,851
Compensation
Key Employees and Officers Compensation Other
Stephen Johnson (President) $0 $0
Sarah Ferrulle (Vice President) $0 $0
Thomas Gunning (Ex. Dir./Sec.) $0 $0
Glenn Beard (Officer/Trustee) $0 $0
Tom Romano (Officer/Trustee) $0 $0
Paul Camara (Officer/Trustee) $0 $0
Michael Robbins (Officer/Trustee) $0 $0
Leonard Carlson (Officer/Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$140,392
Expenses
$104,735
Net Income
$35,657
Net Assets
$237,651
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,859
1.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $31,280
22.3%
Assets/Debt
Total Assets $238,423
Total Liabilities $772
Net Assets $237,651
Compensation
Key Employees and Officers Compensation Other
Tom Romano (President) $0 $0
Stephen Johnson (Vice President) $0 $0
Thomas Gunning (Ex. Dir./Sec.) $0 $0
Glenn Beard (Officer/Trustee) $0 $0
Leonard Carlson (Officer/Trustee) $0 $0
Paul Bizzozero (Officer/Trustee) $0 $0
Stephen Johnson (Officer/Trustee) $0 $0
James Stadnicki (Officer/Trustee) $0 $0
Paul Camara (Officer/Trustee) $0 $0
Michael Robbins (Officer/Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$109,216
Expenses
$83,369
Net Income
$25,847
Net Assets
$201,994
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,120
1.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $203,414
Total Liabilities $1,420
Net Assets $201,994
Compensation
Key Employees and Officers Compensation Other
Tom Romano (President) $0 $0
Stephen Johnson (Vice President) $0 $0
Thomas Gunning (Ex. Dir./Sec.) $0 $0
Glenn Beard (Officer/Trustee) $0 $0
Leonard Carlson (Officer/Trustee) $0 $0
Paul Bizzozero (Officer/Trustee) $0 $0
Stephen Johnson (Officer/Trustee) $0 $0
James Stadnicki (Officer/Trustee) $0 $0
Paul Camara (Officer/Trustee) $0 $0
Michael Robbins (Officer/Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$95,585
Expenses
$64,112
Net Income
$31,473
Net Assets
$176,147
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,265
1.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $178,034
Total Liabilities $1,887
Net Assets $176,147
Compensation
Key Employees and Officers Compensation Other
Paul Bizzozero (President) $0 $0
Tom Romano (Vice President) $0 $0
Thomas Gunning (Ex. Dir./Sec.) $0 $0
Glenn Beard (Officer/Trustee) $0 $0
Leonard Carlson (Officer/Trustee) $0 $0
Blake Underhill (Officer/Trustee) $0 $0
James Stadnicki (Officer/Trustee) $0 $0
Paul Camara (Officer/Trustee) $0 $0
Michael Robbins (Officer/Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$83,889
Expenses
$69,469
Net Income
$14,420
Net Assets
$144,674
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,305
1.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $159,406
Total Liabilities $14,732
Net Assets $144,674
Compensation
Key Employees and Officers Compensation Other
Leonard Carlson (President) $0 $0
Paul Bizzozero (Vice President) $0 $0
Thomas Gunning (Ex. Dir./Sec.) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$63,344
Expenses
$54,426
Net Income
$8,918
Net Assets
$130,254
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,439
2.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $130,975
Total Liabilities $721
Net Assets $130,254

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$54,299
Expenses
$58,107
Net Income
-$3,808
Net Assets
$121,336
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,887
3.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $123,167
Total Liabilities $1,831
Net Assets $121,336

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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