Massachusetts Construction Advancement
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM MORASH | TRUSTEE/CHAIRMAN | 1 | $2,500 |
| THOMAS STEEVES | TRUSTEE/SEC TREASURER | 1 | $2,000 |
| RODNEY FRIAS | TRUSTEE | 1 | $11,800 |
| THOMAS GUNNING | TRUSTEE | 1 | $13,500 |
| MAUREEN KIRKPATRICK | TRUSTEE | 1 | — |
| MICHAEL SANCHEZ | TRUSTEE | 1 | $11,400 |
| RICHARD LUCHT | TRUSTEE | 1 | $2,500 |
| MIRANDA JONES | EXECUTIVE DIRECTOR | 1 | — |
| JOHN FERRANTE | CHIEF EXECUTIVE OFFICER | 1 | $9,500 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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