Program areas at The Midas Collaborative
Building savings and investment: Midas operates multiple matched savings programs in partnership with member community organizations across Massachusetts. 9 partner sites enrolled 574 participants who attended workshops and counseling sessions to build their financial skills and capabilities. 151 match savings program participants graduated in 2022, making investments in homes, higher education programs, small businesses, and other assets such as cars, computers, textbooks, and emergency savings funds.
Delivering financial education and policy: Midas provided training to staff from member community organizations across The state that serve low and moderate income residents, to volunteers and members of The public who participate in Midas masssaves initative, and to educators and policy makers at The annual financial education summit training. Topics included student debt, asset building and savings financial capability for older adults and financial health and wellness among various ages and stages performing outreach and advocacy to address income inequality: Midas participated in policy coalitions and engaged in discussions at The state level on topics such as consumer protection, fairness in debt collection practices, financial literacy and education, asset building and tax credit reform. Midas represented Massachusetts in The national conversation of income inequality, wealth building and financial capability.
Who funds The Midas Collaborative
Grants from foundations and other nonprofits
Personnel at The Midas Collaborative
Name | Title | Compensation | Date of data |
---|
Molly Goodman | Executive Director | $0 | 2023-08-22 |
Petroy Thompson | Asset Development Program Manager | | 2023-10-15 |
Jona Marashi | Treasurer | $0 | 2023-10-15 |
Anthonina Fenelon | Secretary | $0 | 2023-10-15 |
Debra Tobin | Chair | $0 | 2022-12-31 |
...and 13 more key personnel |
Financials for The Midas Collaborative
Revenues | FYE 12/2022 |
---|
Total grants, contributions, etc. | $467,695 |
Program services | $152,653 |
Investment income and dividends | $58 |
Tax-exempt bond proceeds | $0 |
Royalty revenue | $0 |
Net rental income | $0 |
Net gain from sale of non-inventory assets | $0 |
Net income from fundraising events | $7,118 |
Net income from gaming activities | $0 |
Net income from sales of inventory | $0 |
Miscellaneous revenues | $0 |
Total revenues | $627,524 |
Organizations like The Midas Collaborative
Organization | Type | Location | Revenue |
---|
Operation New Uniform | 501(c)(3) | Jacksonville, FL | $789,257 |
Companis Mission Workers Association | 501(c)(3) | Seattle, WA | $652,923 |
Mckinleyville Community Collaborative | 501(c)(3) | Mckinleyville, CA | $3,100,468 |
The Collaborative for Children and Families | 501(c)(3) | New York, NY | $2,724,097 |
Lorton Community Action Center | 501(c)(3) | Lorton, VA | $1,688,093 |
Gamm | 501(c)(3) | La Belle, MO | $1,113,798 |
Nami Tennessee | 501(c)(3) | Nashville, TN | $999,775 |
Chicago Survivors | 501(c)(3) | Chicago, IL | $2,019,624 |
Kula Project | 501(c)(3) | Marietta, GA | $899,916 |
People Acting in Community Together | 501(c)(3) | San Jose, CA | $445,429 |
Data update history
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from The Beker Foundation October 15, 2023
Updated personnel
Identified 14 new personnel
October 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 28, 2023
Used new vendors
Identified 1 new vendor, including
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
UnionsFamily service centersCharities
Issues
EducationHuman servicesJobs and employment
Characteristics
Political advocacyLobbyingFundraising eventsReceives government fundingCommunity engagement / volunteeringGala fundraisersTax deductible donations
General information
- Address
- 2 Oliver St 802
- Boston, MA 02109
- Metro area
- Boston-Cambridge-Newton, MA-NH
- Website URL
- midascollab.org/Â
- Phone
- (617) 532-3916
IRS details
- EIN
- 83-0485169
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2007
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- J40: Labor unions, organizations
- NAICS code, primary
- 624190: Individual and Family Services
- Parent/child status
- Independent
Free account sign-up
Want updates when The Midas Collaborative has new information, or want to find more organizations like The Midas Collaborative?
Create free Cause IQ account