Skip to content
ProPublica
Donate
ProPublica
Donate

Bay State Federal Savings Charitable Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$707k (2023)

Expenses
$790k (2023)

Total Assets
$14.3M (2023)

Total Liabilities
$0 (2023)

Years with missing data
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-PF
Revenue
$706,576
Expenses
$790,462
Net Income
-$83,886
Net Assets
$14,282,747
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $52,645
7.5%
Dividends $251,062
35.5%
Sales of Assets $402,869
57.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $737,381
93.3%
Compensation of Officers* $230,836
29.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $14,282,747
Total Liabilities $0
Net Assets $14,282,747
Compensation
Key Employees and Officers Compensation Other
Denise M Renaghan (President/Director) $85,000 $90,836
Anthony Caruso (Secretary/Director) $15,000 $15,000
Michael O Gilles (Treasurer/Director) $10,000 $10,000
Brenda T Harrington (Director) $5,000 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$940,657
Expenses
$841,370
Net Income
$99,287
Net Assets
$12,370,810
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,991
0.4%
Dividends $246,929
26.3%
Sales of Assets $689,737
73.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $774,140
92.0%
Compensation of Officers* $227,210
27.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $12,370,810
Total Liabilities $0
Net Assets $12,370,810
Compensation
Key Employees and Officers Compensation Other
Denise M Renaghan (President/Director) $85,000 $87,210
Anthony Caruso (Secretary/Director) $15,000 $15,000
Michael O Gilles (Treasurer/Director) $10,000 $10,000
Brenda T Harrington (Director) $5,000 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,426,382
Expenses
$847,745
Net Income
$578,637
Net Assets
$16,209,008
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $796
0.1%
Dividends $226,607
15.9%
Sales of Assets $1,198,979
84.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $772,649
91.1%
Compensation of Officers* $228,600
27.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,209,008
Total Liabilities $0
Net Assets $16,209,008
Compensation
Key Employees and Officers Compensation Other
Denise M Renaghan (President/Director) $85,000 $88,600
Anthony Caruso (Secretary/Director) $15,000 $15,000
Michael O Gilles (Treasurer/Director) $10,000 $10,000
Brenda T Harrington (Director) $5,000 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,049,779
Expenses
$618,293
Net Income
$431,486
Net Assets
$13,617,990
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5,751
0.5%
Dividends $218,084
20.8%
Sales of Assets $825,944
78.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $531,003
85.9%
Compensation of Officers* $227,576
36.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $13,617,991
Total Liabilities $1
Net Assets $13,617,990
Compensation
Key Employees and Officers Compensation Other
Denise M Renaghan (President/Director) $85,000 $87,576
Anthony Caruso (Secretary/Director) $15,000 $15,000
Michael O Gilles (Treasurer/Director) $10,000 $10,000
Brenda T Harrington (Director) $5,000 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$334,350
Expenses
$666,283
Net Income
-$331,933
Net Assets
$11,294,890
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8,315
2.5%
Dividends $221,556
66.3%
Sales of Assets $104,479
31.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $584,422
87.7%
Compensation of Officers* $300,556
45.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $11,294,890
Total Liabilities $0
Net Assets $11,294,890

Document Links

Fiscal Year Ending Dec.
2018

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.
2016

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.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$288,209
Expenses
$488,050
Net Income
-$199,841
Net Assets
$9,123,523
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5,234
1.8%
Dividends $248,766
86.3%
Sales of Assets $34,931
12.1%
Other Income -$722
Notable Expenses Percent of Total Expenses
Charitable Disbursements $464,964
95.3%
Compensation of Officers* $148,000
30.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,123,523
Total Liabilities $0
Net Assets $9,123,523

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$313,154
Expenses
$545,367
Net Income
-$232,213
Net Assets
$7,167,865
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $36
0.0%
Dividends $278,155
88.8%
Sales of Assets $30,047
9.6%
Other Income $4,916
1.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $542,315
99.4%
Compensation of Officers* $146,000
26.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,174,854
Total Liabilities $6,989
Net Assets $7,167,865

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$237,395
Expenses
$499,561
Net Income
-$262,166
Net Assets
$7,402,274
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $56
0.0%
Dividends $264,185
> 100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $493,822
98.9%
Compensation of Officers* $145,000
29.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,408,720
Total Liabilities $6,446
Net Assets $7,402,274

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$509,943
Expenses
$468,407
Net Income
$41,536
Net Assets
$7,676,610
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $150
0.0%
Dividends $247,880
48.6%
Sales of Assets $261,913
51.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $458,208
97.8%
Compensation of Officers* $125,000
26.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,685,505
Total Liabilities $8,895
Net Assets $7,676,610

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$32,729
Expenses
$444,911
Net Income
-$477,640
Net Assets
$7,631,415
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,080
Dividends $242,425
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $440,040
98.9%
Compensation of Officers* $125,000
28.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $7,634,911
Total Liabilities $3,496
Net Assets $7,631,415

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 March
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 March
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 March
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 March
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 March
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 March
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

Fiscal Year Ending March
2003

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 March
2002

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »