NonprofitsSustainable Business Network Of Massachusetts Inc

Community Improvement & Capacity Building

Sustainable Business Network Of Massachusetts Inc

WAYLAND, MA

Total revenue

$428K

Total expenses

$567K

Net assets

Grants received

$138K

7 grants

EIN

043581405

Tax year

2024

Mission

The mission of the sustainable business network of massachusetts is to build an economy that is local, green and fair.our mission is to create an economy in massachusetts that is sustainable and we promote the following business practices:*high ethical standards in business*a multiple stakeholder business model*productive and fulfilling workplaces*business as a vehicle for social justice and economic prosperity for all*environmentally sustainable business practiceswe work to achieve our mission by providing:*educational programs which focus on best practices of socially responsible business and other leading edge ideas*networking opportunities and community building activities*service project and outreach events*technical assistance to businesses in order to help them decrease energy costs and their carbon foot print.

Programs

3 programs

The cambridge-somerville black business network (csbbn) brings together black entrepreneurs and identifies specific programs that can be developed or adopted to help ensure these businesses survive and thrive moving forward.

Expenses: $186KGrants: $60K

The local food trade show, held annually in the spring, is a festival featuring products from local farmers, businsses, and artisans and connecting them with distributors.

Expenses: $47K

Mass go solars coalition's mission is to ensure significant grownth in the number of kw produced by solar panels in ma by 2030 and include minority, low income and underserved communities in the benefits of this transition. We will do this by connecting, convening and collaborating with businesses, nonprofits, government agencies and community leaders committed to promoting the solar energy industry with a particular focus on the built environment.the farmers market promotion program facilitates food businesses and farmers growing their reach and capacity. Sbn's role has been to provide connections and training for local farms and food businesses, which include marketing and business workshops, a local food trade show and more specific opportunities to connect with wholesale buyers, and one-on-one consultations.eat local month, held annually in august, is a series of sponsored virtual events to promote locally produced food, including restaurants, farmers and specialty food producers. Sbn also launched the eat local ma app in 2020 to connect consumers with these businesses.the local food promotion program is designed to enable greater incorporation of new england agricultural products in local food manufacturing. Lfpp will facilitate demand-oriented business strategies to effectively market and close gaps between customer preference for locally sourced and existing capacity of local food systems.

Expenses: $82K

Financials

FY 2024

Revenue

Contributions & grants$240K
Program service revenue$187K
Investment income$1K
Other revenue$742
Total revenue$428K

Expenses

Grants paid$60K
Salaries & benefits$310K
Fundraising$753
Other expenses$197K
Total expenses$567K
Total assets$17K
Net assets

People

5 listed

NameRoleCompensation

LAURENCE HAMMEL

PRESIDENT, CLERK & EXECUTI

Board

3 hrs/wk

EDWARD DUGGER

TREASURER

Board

0.5 hrs/wk

KAREN SPILLER

BOARD MEMBER

Board

0.5 hrs/wk

ROBERT KEENER

BOARD MEMBER

Board

0.5 hrs/wk

TERESA DILLON

BOARD MEMBER

Board

0.5 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$10K
PROGRAM ASSISTANCE
2024
$100K
EXEMPT PURPOSE
2023
$9K
TO SUPPORT THE LOCAL FOOD & SPECIALTY CROP TRADE SHOW IN MARCH 2022
2021
$2K
EXEMPT PURPOSE
2021
$8K
UNRESTRICTED CONTRIBUTION
2020
$8K
UNRESTRICTED CONTRIBUTION
2020
$2K
General Charitable Benefit
2018

Funded by

$138K from 6 funders · 7 grants · 2018–2024

Cambridge Savings Charitable

$100K · 1 grant · 2023

Foley Hoag Foundation

$16K · 2 grants · 2020

Cambridge Community Foundation

$10K · 1 grant · 2024

The Evergreen Charitable Fund Inc

$2K · 1 grant · 2018

Eastern Bank Foundation

$2K · 1 grant · 2021

Details

EIN043581405
NTEE codeS43
Subsection03
Ruling date2021-05
Formed2001
Employees8
Volunteers30
SUSTAINABLE BUSINESS NETWORK OF MASSACHUSETTS INC — Mission, Financials & Grants Received | Grantivo