Action Inc
98% goes to programs $2 to raise $100 Growing revenue
Action Inc is a 501(c)(3) organization based in Gloucester, Massachusetts, registered in 1969, with $184,306,650 in FY2023 revenue. CharityIndex grades it A, and it directs about 98% of spending to programs.
180 Main St, Gloucester, MA, 01930 EIN 04-2389332 Since 1969
Revenue (FY2023)
$184.3M
▲ 65.9% vs prior year
Human Services median: $293K
Expenses (FY2023)
$177.8M
Net assets
$27.3M
Employees
111
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating98% to programs · $2 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Action Inc: 98% to programs · $2 to raise $100 earns a A+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Action Inc: 2 mo reserves · +4% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Action Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Action Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
The mission of action inc. is to advance economic equity and foster a thriving community on cape ann and beyond. our vision is to be an instrument of change, work collaboratively with partners to strengthen the community, and help people in our service area access the resources they need to achieve their goals.
What they do
Housing - the housing program provides housing to people experiencing homelessness are believed to be housing ready and are provided with permanent housing immediately and with few to no preconditions, behavioral contingencies, or barriers. all participants housed through these housing programs must meet hud's definition of chronically homeless. rent is assessed for residents with income that is paid directly to action inc.
The fuel assistance program provides low-income families with assistance to pay their heating fuel bills. this critical service keeps thousands of families warm each winter, and staff are available to assist clients with the application process.
All other accomplishments - other programs provide services such as; weatherization, emergency shelter, the youth compass program for high school students, employment and training, advocacy, housing opportunities for persons with aids, etc.
Contact & location
- Address
- 180 Main St, Gloucester, MA, 01930
- City
- Gloucester
- State
- Massachusetts
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $48.7M (FY2013) to $184.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $25.4MNet assets $27.3M
Operating margin
3.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$52.6M
Total liabilities
$25.4M
Net assets
$27.3M
Salaries & benefits
$8.9M
5% of expenses
Board members
16
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $184,306,650▲65.9% | $177,847,841▲63.3% | $27,284,351▲31.0% | $52,638,722▲84.0% | 990 |
| 2022 | $111,088,156▲39.1% | $108,915,820▲37.7% | $20,825,542▲11.6% | $28,610,243▲13.4% | 990 |
| 2021 | $79,876,411▲29.4% | $79,099,905▲30.3% | $18,653,206▲4.3% | $25,227,649▼2.6% | 990 |
| 2020 | $61,722,559▲32.9% | $60,701,784▲30.5% | $17,876,700▲6.1% | $25,893,243▲10.7% | 990 |
| 2019 | $46,459,698▼33.4% | $46,522,711▼31.2% | $16,855,925▼0.4% | $23,392,638▲3.0% | 990 |
| 2018 | $69,707,995▲6.1% | $67,626,336▲6.8% | $16,918,698▲14.0% | $22,711,681▲10.2% | 990 |
| 2017 | $65,714,379▲7.1% | $63,302,435▲7.0% | $14,835,685▲19.4% | $20,605,065▲11.1% | 990 |
| 2016 | $61,351,612▲34.0% | $59,179,006▲31.2% | $12,423,288▲21.2% | $18,538,717▲44.0% | 990 |
| 2015 | $45,781,790▼18.2% | $45,098,233▼16.7% | $10,249,468▲7.2% | $12,874,918▲2.5% | 990 |
| 2014 | $55,978,481▲14.9% | $54,171,034▲14.4% | $9,562,168▲23.3% | $12,558,201▼6.6% | 990 |
| 2013 | $48,700,973 | $47,331,875▼0.1% | $7,753,134▲21.5% | $13,450,603▲29.0% | 990 |
| 2012 | — | $47,373,063▲38.1% | $6,381,036▲19.3% | $10,430,535▲16.7% | 990 |
| 2011 | — | $34,310,172▲30.6% | $5,349,627▲10.9% | $8,937,719▼12.5% | 990 |
| 2010 | — | $26,279,105▲2.8% | $4,822,892▲0.7% | $10,216,024▼1.4% | 990 |
| 2009 | — | $25,552,422 | $4,790,674 | $10,360,477 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Peggy Hegarty-steck — $218,065 (0.12% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Peggy Hegarty-steck | Chief Executive Officer | 35 | $218,065 |
| Elliott Jacobson | Vp of Energy Services | 35 | $211,301 |
| Jennifer Beloff | Chief Program Officer | 35 | $162,752 |
| Jillian Cluett | Chief Financial Officer/vp | 35 | $136,416 |
| Brian Beote | Director of Energy Efficiency Operations | 35 | $129,527 |
| Allison Lex | Chief Operating Officer | 35 | $119,639 |
| Brendan P Delaney | Director of Residental Energy | 35 | $114,685 |
| Erin George | Director of Housing Services | 35 | $114,290 |
| Jonathan C Daley | Director of Utility and Budget Data Systems | 35 | $102,197 |
| Ann Cameron | Director | 3 | — |
| Carole Sharoff | Director | 3 | — |
| Coreen Howland | Director | 3 | — |
| Daniel Boone | Director | 3 | — |
| Elise Sinagra | Director | 3 | — |
| Fernando Desouza | Director | 3 | — |
| Jennifer Orlando | Director | 3 | — |
| Linda Giamanco | Director | 3 | — |
| Linda Murphy | Vice Chair | 3 | — |
| Marcy Pregent | Treasurer | 3 | — |
| Margaret Driscoll | Secretary | 3 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Action For Boston Community Development | Energy Program Services | $34,318,276 |
| Gem Plumbing | Energy Program Services | $16,433,272 |
| Self Help Inc | Energy Program Services | $11,006,688 |
| Worcester County Action Council | Energy Program Services | $9,419,560 |
| Breen & Sullivan | Energy Program Services | $7,341,344 |
Grants received · $1.4M total
56 grants to Action Inc totaling $1.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silicon Valley Community Foundation | Human services | 2024 | $25,000 |
| Tides Foundation | Healthy individuals and communities | 2023 | $30,000 |
| Northeast Hospital Corporation | Care access and/or to address other identified community health needs | 2023 | $25,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $18,500 |
| Silicon Valley Community Foundation | Human services | 2023 | $15,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $12,420 |
| Tides Foundation | Healthy individuals and communities | 2022 | $30,000 |
| Tides Foundation | Healthy individuals and communities | 2022 | $30,000 |
| Northeast Hospital Corporation | Care access and/or to address other identified community health needs | 2022 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $12,520 |
| Donor Advised Charitable Giving | Human services | 2022 | $7,400 |
| Tides Foundation | Healthy individuals and communities | 2021 | $75,000 |
| Network For Good Inc | Unrestricted | 2021 | $60,750 |
| Northeast Hospital Corporation | Welcome home program | 2021 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $19,410 |
Similar organizations in Human Services
Human Services
Community Teamwork Inc
Lowell, MA
$188.3M
Aannual revenue
Human Services
South Middlesex Opportunity Council Inc
Framingham, MA
$169.3M
Aannual revenue
Human Services
Center For Human Development Inc
Springfield, MA
$164.2M
Aannual revenue
Human Services
Agespan Inc
Lawrence, MA
$133.8M
A+annual revenue
Human Services
Mystic Valley Elder Services Inc
Malden, MA
$122.0M
Aannual revenue
Human Services
Springwell Inc
Waltham, MA
$119.5M
Aannual revenue
Human Services
Vinfen Corporation
Cambridge, MA
$250.0M
Aannual revenue
Human Services
Pine Street Inn Inc
Boston, MA
$118.3M
Aannual revenue
Human Services
Brockton Area Multi-services Inc
Brockton, MA
$117.6M
Aannual revenue
Human Services
Element Care Inc
Lynn, MA
$116.0M
Aannual revenue
Compare Action Inc
Frequently asked questions
- Is Action Inc a legitimate nonprofit?
- Yes. Action Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2389332, based in Gloucester, Massachusetts. Donations are tax-deductible.
- What is Action Inc's EIN?
- Action Inc's Employer Identification Number (EIN) is 04-2389332.
- How much revenue does Action Inc report?
- Action Inc reported $184,306,650 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Action Inc's spending goes to programs?
- Action Inc spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Action Inc have?
- CharityIndex grades Action Inc A, based on program efficiency and fundraising cost.
- How much does Action Inc's highest-paid employee make?
- The highest reported compensation on Action Inc's latest Form 990 is $218,065, paid to Peggy Hegarty-steck (Chief Executive Officer).
More nonprofits in Gloucester
Explore more
Data for Action Inc (EIN 04-2389332) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.