Airconditioning & Refrig Industry Promo Fund of Mass
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Airconditioning & Refrig Industry Promo Fund of Mass is a 501(c)(6) organization based in Quincy, Massachusetts, registered in 1985, with $491,415 in FY2023 revenue. CharityIndex grades it B.
1266 Furnace Brook Pkwy Ste 201, Quincy, MA, 02169 EIN 22-2509619 Since 1985
Revenue (FY2023)
$491K
▲ 7.3% vs prior year
Expenses (FY2023)
$528K
Net assets
$778K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Airconditioning & Refrig Industry Promo Fund of Mass— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating18 mo reserves · -7% 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 Airconditioning & Refrig Industry Promo Fund of Mass: 18 mo reserves · -7% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Airconditioning & Refrig Industry Promo Fund of Mass— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Airconditioning & Refrig Industry Promo Fund of Mass: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1266 Furnace Brook Pkwy Ste 201, Quincy, MA, 02169
- City
- Quincy
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $318K (FY2013) to $491K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $4,100Net assets $778K
Operating margin
-7.4%
Spent more than it raised in the latest fiscal year.
Total assets
$782K
Total liabilities
$4,100
Net assets
$778K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $491,415▲7.3% | $527,695▼5.7% | $777,868▼4.5% | $781,968▼4.4% | 990 |
| 2022 | $457,980▲19.0% | $559,310▲48.9% | $814,148▼11.1% | $818,248▼17.2% | 990 |
| 2021 | $384,721▲4.1% | $375,747▲66.0% | $915,478▲1.0% | $987,801▲8.4% | 990 |
| 2020 | $369,592▼3.7% | $226,366▼38.2% | $906,504▲18.8% | $911,227▲19.2% | 990 |
| 2019 | $383,639▼9.1% | $366,555▲17.9% | $763,278▲2.3% | $764,588▲2.2% | 990 |
| 2018 | $422,218▲14.2% | $310,814▲2.9% | $746,194▲17.5% | $748,036▲16.1% | 990 |
| 2017 | $369,632▲5.5% | $302,089▼1.5% | $634,790▲11.9% | $644,350▲12.0% | 990 |
| 2016 | $350,292▲30.8% | $306,637▲14.2% | $567,247▲8.3% | $575,489▲9.2% | 990 |
| 2015 | $267,726▼16.0% | $268,430▼7.6% | $523,592▼0.1% | $527,023▼5.1% | 990 |
| 2014 | $318,760▲0.4% | $290,523▲4.4% | $524,296▲5.7% | $555,561▲4.7% | 990 |
| 2013 | $317,634 | $278,228▲3.7% | $496,059▲8.6% | $530,412▲15.8% | 990 |
| 2012 | — | $268,367▼0.1% | $456,653▲5.5% | $457,963▲5.5% | 990 |
| 2011 | — | $268,576▲9.6% | $432,757▲2.9% | $434,030▲3.2% | 990 |
| 2010 | — | $245,037 | $420,480 | $420,480 | 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.
Frequently asked questions
- Is Airconditioning & Refrig Industry Promo Fund of Mass a legitimate nonprofit?
- Yes. Airconditioning & Refrig Industry Promo Fund of Mass is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 22-2509619, based in Quincy, Massachusetts.
- What is Airconditioning & Refrig Industry Promo Fund of Mass's EIN?
- Airconditioning & Refrig Industry Promo Fund of Mass's Employer Identification Number (EIN) is 22-2509619.
- How much revenue does Airconditioning & Refrig Industry Promo Fund of Mass report?
- Airconditioning & Refrig Industry Promo Fund of Mass reported $491,415 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Airconditioning & Refrig Industry Promo Fund of Mass have?
- CharityIndex grades Airconditioning & Refrig Industry Promo Fund of Mass B, based on financial health (reserves and operating margin).
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Data for Airconditioning & Refrig Industry Promo Fund of Mass (EIN 22-2509619) 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.