Southeastern Massachusetts Convention & Visitors Bureau Inc is a 501(c)(6) organization based in New Bedford, Massachusetts, registered in 1984, with $477,839 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$478K
▼ 2.3% vs prior year
Expenses (FY2024)
$529K
Net assets
$19K
Employees
—
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 Southeastern Massachusetts Convention & Visitors Bureau Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Southeastern Massachusetts Convention & Visitors Bureau Inc: 0 mo reserves · -11% margin earns a C on this criterion. See the exact thresholds →
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 Southeastern Massachusetts Convention & Visitors Bureau Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Southeastern Massachusetts Convention & Visitors Bureau Inc: 2 of 5 disclosure signals earns a C 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.
Revenue grew from $77K (FY2010) to $478K (FY2024) across 14 reported years.
Financial snapshot
Operating margin
-10.6%
Spent more than it raised in the latest fiscal year.
Total assets
$104K
Total liabilities
$84K
Net assets
$19K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $477,839▼2.3% | $528,621▼16.6% | $19,472▼72.3% | $103,594▼36.8% | 990 |
| 2023 | $489,298▲8.1% | $634,159▲21.9% | $70,254▼67.3% | $163,827▼48.2% | 990 |
| 2022 | $452,466▼21.8% | $520,332▲46.2% | $215,115▼24.0% | $316,301▼4.0% | 990 |
| 2021 | $578,788▲93.3% | $355,975▲22.2% | $282,981▲370% | $329,603▲68.7% | 990 |
| 2020 | $299,402▼19.5% | $291,296▼19.0% | $60,168▲15.6% | $195,421▲95.8% | 990 |
| 2019 | $371,812▼1.9% | $359,537▼1.5% | $52,062▲30.9% | $99,829▼12.7% | 990 |
| 2018 | $378,861▲4.7% | $364,855▲3.3% | $39,787▲54.3% | $114,295▲339% | 990 |
| 2017 | $361,766▲48.2% | $353,347▲35.9% | $25,781▲48.5% | $26,031▼32.3% | 990 |
| 2016 | $244,135▼35.5% | $260,002▼35.1% | $17,362▼47.8% | $38,471▲13.7% | 990 |
| 2015 | $378,380▲21.1% | $400,433▲44.8% | $33,229▼39.9% | $33,829▼52.9% | 990 |
| 2014 | $312,400▼31.3% | $276,581▼39.1% | $55,282▲184% | $71,852▲240% | 990 |
| 2013 | $454,654▲193% | $454,301▲272% | $19,463▲14.5% | $21,106▲20.3% | 990 |
| 2012 | $155,396▲103% | $122,090▼16.4% | $16,995▼60.5% | $17,538▼70.9% | 990EZ |
| 2010 | $76,604 | $145,954 | $43,069 | $60,339 | 990EZ |
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.
Explore more
Data for Southeastern Massachusetts Convention & Visitors Bureau Inc (EIN 04-2501667) 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.