Insurance Fraud Bureau of Massachusetts logo

Insurance Fraud Bureau of Massachusetts

BOSTON, MA EIN: 04-3107028 Website

The organization is an entity authorized by Massachusetts General Laws to prevent, detect and investigate insurance fraud. The Bureau works with law enforcement and public prosecutors on matters involving potential crime violation of insurance fraud laws.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.1M

-9.7% YoY

Annual Giving

$530K

+0.0% YoY

Grant Count

10

+0.0% YoY

Avg Grant Size

$53K

+0.0% YoY

About Insurance Fraud Bureau of Massachusetts

Based on IRS filings

Insurance Fraud Bureau of Massachusetts is a nonprofit organization, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.1M in total assets. In 2024, it awarded 10 grants totaling $530K. Net investment income was $304K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

BostonBrocktonCantonNew BedfordNorthamptonPittfieldPittsfieldSalemSpringfieldWoburnWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
Total Assets$8,121,181$8,996,792$8,481,147
Revenue$11,304,897$10,988,584$10,994,650
Expenses$10,756,026$10,632,148$10,396,012
Qualifying Distributions
Net Investment Income$303,583$364,848$180,976
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$133K$265K$398K$530K10 grants202010 grants202110 grants202210 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Suffolk County District …$93KEssex County District At…$80KHampden County District …$55KBristol County District …$53KMiddlesex County Distric…$50KPlymouth County District…$50KWorcester County Distric…$50KNorfolk County District …$45KNorthwestern County Dist…$30KBerkshire County Distric…$25K

Grant Size Distribution

50 grants across all recorded years

15<$50K35$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Suffolk County District Attorney ($92,500), Essex County District Attorney ($80,000), Hampden County District Attorney ($55,000).

RecipientPurposeAmount
Berkshire County District Attorney Pittsfield, MARegulatory funding$25,000
Bristol County District Attorney New Bedford, MARegulatory funding$52,500
Essex County District Attorney Salem, MARegulatory funding$80,000
Hampden County District Attorney Springfield, MARegulatory funding$55,000
Middlesex County District Attorney Woburn, MARegulatory funding$50,000
Norfolk County District Attorney Canton, MARegulatory funding$45,000
Northwestern County District Attorney Northampton, MARegulatory funding$30,000
Plymouth County District Attorney Brockton, MARegulatory funding$50,000
Suffolk County District Attorney Boston, MARegulatory funding$92,500
Worcester County District Attorney Worcester, MARegulatory funding$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Anthony DiPaoloExecutive Director$313KLaura KesslerV.P., General Counsel$268KM Katherine MulliganV.P., Chief of Investigations$220KCynthia VentrescaDeputy Chief of Investigations$150KStephen AdamsDeputy General Counsel$142KPatrick MooreInvestigative Manager$138KMarilyn BarrettInvestigative Manager$126KJeffrey AmbroseInvestigative Manager$124K

From 2024 filing

NameTitleHoursCompensation
Anthony DiPaoloExecutive Director36.25$313,258
Laura KesslerV.P., General Counsel36.25$268,159
M Katherine MulliganV.P., Chief of Investigations36.25$219,800
Cynthia VentrescaDeputy Chief of Investigations36.25$149,502
Patrick MooreInvestigative Manager36.25$138,420
Stephen AdamsDeputy General Counsel36.25$141,967
Jeffrey AmbroseInvestigative Manager36.25$123,859
Marilyn BarrettInvestigative Manager36.25$125,895

Frequently Asked Questions

How large is Insurance Fraud Bureau of Massachusetts?

As of 2024, Insurance Fraud Bureau of Massachusetts holds $8.1M in total assets with $11.3M in annual revenue. It awarded 10 grants totaling $530K in 2024.

Where does Insurance Fraud Bureau of Massachusetts operate?

Insurance Fraud Bureau of Massachusetts has awarded grants in Massachusetts.

What size grants does Insurance Fraud Bureau of Massachusetts award?

In 2024, Insurance Fraud Bureau of Massachusetts awarded 10 grants totaling $530K — an average of about $53K per grant, based on its IRS Form 990 filings.

What is Insurance Fraud Bureau of Massachusetts's EIN?

Insurance Fraud Bureau of Massachusetts's EIN (Employer Identification Number) is 04-3107028. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Insurance Fraud Bureau of Massachusetts's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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