Massachusetts Construction Advancement

FRAMINGHAM, MA EIN: 23-7326022

TO ADDRESS INDUSTRY WIDE ISSUES AFFECTING THE MASSACHUSETTS CONTRUCTION INDUSTRY FOR THE MUTUAL BENEFIT OF PROPERTY OWNERS, THE PUBLIC, CONTRACTORS AND THEIR EMPLOYEES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

-19.6% YoY

Annual Giving

$3.1M

+16.7% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$764K

-12.5% YoY

About Massachusetts Construction Advancement

Based on IRS filings

Massachusetts Construction Advancement is a nonprofit organization, based in FRAMINGHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 4 grants totaling $3.1M. Net investment income was $123K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

BraintreeRoxburyS WeymouthWellesley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$917K$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$3,755,712$4,673,749$4,945,770
Revenue$2,139,904$2,217,436$2,243,420
Expenses$3,333,351$2,876,762$2,675,701
Qualifying Distributions
Net Investment Income$123,482$102,114$147,913
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$764K$2M$2M$3M2 grants20202 grants20214 grants20223 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

ASSOCIATED GENERAL CONTR…$1.5MBUILDING TRADES EMPLOYER…$1.4MBUILDING PATHWAYS$80KCAREPACKS INC$30K

Grant Size Distribution

15 grants across all recorded years

3<$50K6$50–100K$100–250K2$250–500K$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Associated General Contractors of Ma ($1,500,965), Building Trades Employers Assoc ($1,443,899), Building Pathways ($80,000).

RecipientPurposeAmount
BUILDING TRADES EMPLOYERS ASSOC BRAINTREE, MACAREER ADVANCEMENT AND SAFETY TRAINING$1,443,899
ASSOCIATED GENERAL CONTRACTORS OF MA WELLESLEY, MAPREPARING STUDENTS FOR APPRENTICESHIPS AND SAFETY TRAINING$1,500,965
BUILDING PATHWAYS ROXBURY, MATO IMPROVE EDUCATIONAL AND SKILL TRAINING FOR LOW INCOME YOUTH$80,000
CAREPACKS INC S WEYMOUTH, MATO SEND CARE PACKAGES TO US DEPLOYED TROOPS$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

THOMAS GUNNINGTRUSTEE$14KRODNEY FRIASTRUSTEE$12KMICHAEL SANCHEZTRUSTEE$11KJOHN FERRANTECHIEF EXECUTIVE OFFICER$10KWILLIAM MORASHTRUSTEE/CHAIRMAN$3KRICHARD LUCHTTRUSTEE$3KTHOMAS STEEVESTRUSTEE/SEC TREASURER$2K

From 2024 filing

NameTitleHoursCompensation
WILLIAM MORASHTRUSTEE/CHAIRMAN1$2,500
THOMAS STEEVESTRUSTEE/SEC TREASURER1$2,000
RODNEY FRIASTRUSTEE1$11,800
THOMAS GUNNINGTRUSTEE1$13,500
MAUREEN KIRKPATRICKTRUSTEE1
MICHAEL SANCHEZTRUSTEE1$11,400
RICHARD LUCHTTRUSTEE1$2,500
MIRANDA JONESEXECUTIVE DIRECTOR1
JOHN FERRANTECHIEF EXECUTIVE OFFICER1$9,500

Frequently Asked Questions

How large is Massachusetts Construction Advancement?

As of 2024, Massachusetts Construction Advancement holds $3.8M in total assets with $2.1M in annual revenue. It awarded 4 grants totaling $3.1M in 2024.

Where does Massachusetts Construction Advancement operate?

Massachusetts Construction Advancement has awarded grants in Massachusetts.

What size grants does Massachusetts Construction Advancement award?

In 2024, Massachusetts Construction Advancement awarded 4 grants totaling $3.1M — an average of about $764K per grant, based on its IRS Form 990 filings.

What is Massachusetts Construction Advancement's EIN?

Massachusetts Construction Advancement's EIN (Employer Identification Number) is 23-7326022. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Massachusetts Construction Advancement's focus areas in our free grants database

Related Funders

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

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