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2007 Annual Report
The Massachusetts Institute for a New Commonwealth

2007 MassINC 1 Annual Report
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Letter from the President
and Chairman of the Board
2007 was another remarkable year for Massachusetts.
We began with a political outsider taking the governor’s office on
Beacon Hill and a former governor taking to the presidential campaign
MASSINC BOARD trail. We drew national attention because of the landmark health care
OF DIRECTORS legislation that was put into effect. Meanwhile, the new administration
CHAIRMAN
borrowed a page from other states with efforts to bring casino gambling
Ann-Ellen Hornidge to Massachusetts.
Jay Ash MassINC also forged ahead in 2007 with an exceptionally busy agenda.
David Begelfer
Andrew J. Calamare
As you will see in the following pages, having built a foundation of
Neil Chayet
Geri Denterlein institutional accomplishment in our first ten years, we’ve been focused on
Mark Erlich making an even greater impact in the next decade. You — our sponsors,
David H. Feinberg
supporters, and partners — are essential in making this all possible.
Grace Fey
Robert Fraser
Tom Green
Our innovative journalism and evidence-based research continues to
C. Jeffrey Grogan have a major impact on the most critical issues facing our state. We
Harold Hestnes continue to examine issues that don’t have easy answers but are ultimately
Joanne Jaxtimer
Tripp Jones
the most important in keeping the American Dream alive for every
Elaine Kamarck Massachusetts citizen. CommonWealth looked at a range of topics that will
Bruce Katz ultimately affect citizens in their day-to-day lives, including the financial
Paul Mattera
troubles facing cities and towns across the Commonwealth and the chal-
William P. McDermott
Melvin B. Miller lenges facing our community colleges. Meanwhile, MassINC research
Michael E. Porter examined the loss of jobs in the state, as well as how traditional mill
Mark E. Robinson
communities—the Gateway Cities—offer important assets to our economy.
Charles S. Rodgers
Greg Torres, ex officio
Tom Trimarco
MassINC’s civic events continued to provide opportunities for open
Eric Turner and thoughtful discussion on topics at the forefront of our minds. Our
David C. Weinstein CommonWealth Forum series, RealTalk events, and research forums
Karyn Wilson
provide unique opportunities for civic-minded citizens to connect with
FOUNDING CHAIRMAN policymakers, pundits, and thought leaders.
Mitchell Kertzman
Our achievements, though, would not be possible without the generous
IN MEMORIAM support of the Sponsors, Citizens’ Circle members, and Friends of
John C. Rennie
MassINC. Thank you for your generous support — your commitment to
our mission makes it all possible.

Greg Torres Ann-Ellen Hornidge

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MassINC welcomes new president
MassINC was pleased to welcome Greg Torres as its third president
in 2007. With more than three decades of work in government and
social services, Greg brings extensive public policy expertise to the
leadership role of our organization. He was most recently chairman
of The MENTOR Network, a Boston-based company that provides an
array of community-based human services through programs across
the United States. Previously, he had served as that organization’s CEO
and senior vice president for public affairs and advancement. Before
joining MENTOR, Greg spent seven years as chief of
staff for the Massachusetts Senate Committee on Ways
and Means. This experience culminated 16 years in
government that also included assignments with the
Executive Office of Human Services and committees on
criminal justice and mental health. He began his career
counseling youth at nonprofit social service agencies in
Boston and Cambridge. Greg holds an M.P.A. from the
John F. Kennedy School of Government at Harvard University and a
B.A. from St. Vincent’s College. He lives in Winchester with his wife,
Elizabeth Pattullo. They have two sons, Jess and Gabriel, and two
grandchildren, Jack and Lydia.

2007 MassINC 2 Annual Report
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Sponsors
MassINC thanks its sponsors for their support. By making our operations possible they receive advertising space in
CommonWealth magazine and recognition throughout the civic community. Our key project partners are listed
throughout this report in conjunction with individual programs. We could not accomplish this important work without
their help.

CHAIRMAN’S CIRCLE SPONSORS Massachusetts Technology Collaborative Philip & Sandra Gordon
Anonymous (2) MassHousing Grossman Marketing Group
Nellie Mae Education Foundation The MENTOR Network Harvard University
Monster North America Holland & Knight LLP
LEAD SPONSORS NAIOP, Massachusetts Chapter The Hyams Foundation
AARP Massachusetts New England Regional Council of Johnson Haley LLP
Bank of America Carpenters KPMG LLP
The Bank of New York Mellon Oak Foundation Peter & Carolyn Lynch
Blue Cross Blue Shield of Massachusetts The Omni Parker House P&G Gillette Massachusetts AFL-CIO
The Boston Foundation Partners HealthCare Massachusetts Association of REALTORS®
National Grid Putnam Investments Massachusetts Bay Commuter
Recycled Paper Printing, Inc. Savings Bank Life Insurance Railroad Company
Fran & Charles Rodgers Tishman Speyer Massachusetts Building Trades Council
State Street Corporation Tufts Health Plan Massachusetts Convention Center
William E. & Bertha E. Schrafft Charitable Authority
Verizon Communications
Trust Massachusetts Educational Financing
State House News Service Authority
MAJOR SPONSORS
The University of Phoenix Massachusetts Health and Educational
Anonymous
Facilities Authority
Ronald M. Ansin Foundation
CONTRIBUTING SPONSORS Massachusetts High Technology Council
Beacon Health Strategies
A.D. Makepeace Company Massport
Bilezikian Family Foundation
Arrowstreet Mercer Human Resource Consulting
Boston Private Bank & Trust Company
Associated Industries of Massachusetts Merrimack Valley Economic
Citizens Bank Development Council
The Beal Companies LLP
Comcast Microsoft Corporation
Bingham McCutchen LLP
Irene E. & George A. Davis Foundation ML Strategies LLC
Boston Carmen’s Union
The Deshpande Foundation Network Health
Boston Sand & Gravel Company
Dominion Resources New BostonFund, Inc.
Boston Society of Architects/AIA
Edwards, Angell, Palmer & Dodge, LLP Nixon Peabody LLP
Boston University Cabot Corporation
Fallon Community Health Plan Northeastern University
Carruth Capital LLC
Fidelity Investments Nutter McClennen & Fish LLP
causemedia
The Paul and Phyllis Fireman Charitable Paradigm Properties
Foundation The Charles Hotel
Retailers Association of Massachusetts
Foley Hoag LLP Gerald & Kate Chertavian
RSA Security Inc.
Goodwin Procter LLP Children’s Hospital Boston
Carl and Ruth Shapiro Family Foundation
Harvard Pilgrim Health Care Citizens’ Housing and Planning
Assocation Skadden, Arps, Slate, Meagher & Flom LLP
Hunt Alternatives Fund
Commonwealth Corporation Tufts University
IBM
ConnectEdu The University of Massachusetts
John Hancock Financial Services
Delta Dental Plan of Massachusetts Wainwright Bank & Trust Company
KeySpan
Denterlein Worldwide WolfBlock Public Strategies LLC
Liberty Mutual Group
1199SEIU Zipcar
The Lynch Foundation MassDevelopment
EduClean
Massachusetts Foundation for the
EMC Corporation For more information on joining the
Humanities
sponsorship program, contact MassINC
Massachusetts Medical Society EMD Serono
at 617.224.1701.
Massachusetts State Lottery Commission Federal Home Loan Bank of Boston

2007 MassINC 3 Annual Report
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MassINC Research:
MassINC research in 2007 examined specific communities as well as the Massachusetts
economy as a whole and set the stage for creating a public agenda for change.

Reconnecting Massachusetts Gateway Cities: Lessons Learned
In addition to front page and an Agenda for Renewal
analysis and editorials in most
of the state’s major newspapers,
At the end of February, MassINC released Reconnecting Massachusetts Gateway Cities:
both the Wall Street Journal Lessons Learned and an Agenda for Renewal. This joint project with the Metropolitan
and USA Today devoted day-
of-release feature articles to Policy Program of The Brookings Institution assessed
the nationwide implications the state’s historic mill cities outside of Boston. It
of the report. The report
continued to garner recogni- found that although these cities continue to lose ground
tion throughout 2007 in news economically, they also represent potential answers to
stories, editorials, and op-eds.
some of the Commonwealth’s thorniest housing,
Selected headlines: sprawl, and workforce problems.
“Steering Mill Towns Closer to
Tech-Boom Riches” Wall Street
Journal MassINC staff traveled across the state in 2007 speaking
“Cities try to step out of Boston’s about the report’s findings with the business, political,
shadow” USA Today and civic leaders of the state and the 11 Gateway Cities.
“11 Cities seen at risk of slipping
further” The Boston Globe
In September, an audience of over 200, including key state and regional economic
“Growth lagging in mill cities” development leaders, was on hand for “On the Rise – The Renewal of Southcoast
The Sun (Lowell)
Gateway Cities.” The forum focused on economic development and renewal in the
“State’s Mill Cities Struggling,
Brockton and others find Southcoast cities of Fall River and New Bedford, both of which were identified as
modernizing isn’t easy” “Gateway Cities” in the report. Congressmen James McGovern and Barney Frank
Patriot Ledger (Quincy)
delivered comments and calls to action, as did Mayors Edward Lambert of Fall River
“Drained mill cities are challenged”
Telegram & Gazette (Worcester)
and Scott Lang of New Bedford.
“Gateway Cities: Report says Mass.
Historic mill cities are struggling, Sponsored by the John Adams Innovation Institute of the Massachusetts Technology
but have promise” AP Collaborative and The Savings Bank Life Insurance Company of Massachusetts.
“Massachusetts’ Second-Tier Cities
Need a Lift” The Hartford Courant

MassINC is now a partner in the Blueprint for and Brookings are planning a series of events
American Prosperity, a national coalition to and projects throughout 2008, many in Massa-
advance a multi-year advocacy effort organized chusetts, to focus attention on the need for a
by the Washington, D.C.-based Brookings new urban agenda for the nation’s cities.
Institution. The Blueprint, officially launched
at an event in Washington in November, will The work Brookings did on the Gateway
develop a new agenda to help the nation’s Cities report contributed to Brookings’
cities cope with the changing global economy national project.
and increased economic competition. MassINC

2007 MassINC 4 Annual Report
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MassINC Research: continued

Mass Jobs: Meeting the Challenges of a Shifting Economy
In late November, MassINC released Mass Jobs: Meeting the Challenges of a Shifting
Economy. The final report in a two-part project on the Massachusetts economy, the
research documents that Massachusetts is losing its
share of the nation’s jobs at the same time productivity
is increasing. It also shows how our state’s economy
continues to shift toward knowledge-based industries
and places Massachusetts at the leading edge in the
Over 30 regional newspapers
covered Mass Jobs and its transition towards a “boutique economy.”
findings.

Selected headlines include: Our event at the Park Plaza Hotel addressed the findings
“Job-growth study: Mass. next of the report to an audience of over 150 people. Suzanne
to last” The Boston Globe Bump, state secretary of Labor and Workforce Develop-
“Massachusetts at an economic ment, provided the keynote address. Paul Grogan,
crossroads” Associated Press
president and CEO of The Boston Foundation, then moderated the discussion which
“State lagging in jobs: Few featured panelists Mark Erlich, New England Council of Carpenters, Richard Lord,
benefit in a boutique economy”
Telegram & Gazette (Worcester)
Associated Industries of Massachusetts, State Senator Thomas McGee, and Una
“State next to last in creating
Ryan, AVANT Immunotherapeutics, Inc.
new jobs” MetroWest Daily
News Sponsored by the BNY Mellon Charitable Giving Program/Alice P. Chase Trust, The Boston
“Massachusetts lags in job Foundation, EMD Serono, Inc., Harvard Pilgrim Health Care, and the Merrimack Valley
creation” The Republican Economic Development Council, Inc.
(Springfield)
“Winners and loser: Cities
lost more jobs than suburbs”
Patriot Ledger (Quincy)
“Mass. Ranks 49th in job
creation” Providence Journal

This research and its recommen-
dations also prompted editorials
in the Boston Globe, Springfield
Republican, Berkshire Eagle, and
Eagle-Tribune.

2007 MassINC 5 Annual Report
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The Citizens’ Circle
The MassINC Citizens’ Circle brings together people who care about the future of Massachusetts. The generosity of our
Citizens’ Circle members has a powerful impact on every aspect of our work. We are pleased to extend significant benefits,
including invitations to our private Newsmaker series, to those who can join with a minimum annual contribution of $1,000.

Anonymous (6) Roger D. Donoghue Tom Kershaw Daniel A. Phillips
David Abromowitz Tim Duncan Julie & Mitchell Kertzman Diana C. Pisciotta
Tom & Marsha Alperin William & Laura Eaton Klarman Family Foundation Michael E. Porter
Joseph D. Alviani & Philip J. Edmundson Richard L. Kobus John & Joyce Quelch
Elizabeth Bell Stengel Susan & William Elsbree Stephen W. Kidder & Dr. Mitchell T. Rabkin
Carol & Howard Anderson Wendy Everett Judith Malone John Regier
Ronald M. Ansin Scott D. Farmelant Deanna Larkin Richard Rendon
Marjorie Arons-Barron & Juliette Fay & Bill O’Brien Anne & Robert Larner Thomas & Susan Riley
James Barron Gloria & Allen Larson
David Feinberg Mark & Sarah Robinson
Richard J. & Mary A. Barry Susan Winston Leff
Neal Finnegan Fran & Charles Rodgers
David Begelfer Paul & Barbara Levy
Fish Family Foundation Barbara & Stephen Roop
Gus Bickford Chuck & Susie Longfield
Christopher Fox & Ellen Remmer Michael & Ellen Sandler
The Bilezikian Family R.J. Lyman
Robert B. Fraser John Sasso
Joan & John Bok Carolyn & Peter Lynch
Chris & Hilary Gabrieli Helen Chin Schlichte
Kathleen & John Born Kevin Maguire
Darius W. Gaskins, Jr. Karen Schwartzman
Frank & Mardi Bowles John & Marjorie Malpiede
John Gillespie & Susan Orlean Mark Selig
Ian & Hannah Bowles Jack Manning
Paula Gold Richard P. Sergel
John A. Brennan Jr. Anne & Paul Marcus
Lena & Ronald Goldberg Robert K. Sheridan
Rick & Nonnie Burnes Dan M. Martin
Carol R. & Avram J. Goldberg Richard J. Snyder
Andrew J. Calamare Paul & Judy Mattera
Philip & Sandra Gordon Alan D. Solomont &
Heather & Chuck Campion William P. McDermott Susan Lewis Solomont
Jim & Meg Gordon
Marsh & Missy Carter The Honorable Patricia McGovern Helen B. Spaulding
Mr. & Mrs. C. Jeffrey Grogan
Neil & Martha Chayet David McGrath Patricia & David F. Squire
Kathleen Gross
Gerald & Kate Chertavian Katherine S. McHugh Harriett Stanley
Barbara & Steve Grossman
J.D. Chesloff Ed & Sue Merritt John Stefanini
Paul Guzzi
Meredith & Eugene Clapp Peter & Rosanne Bacon Meade Mark S. Sternman
Ray & Gloria White Hammond
Margaret J. Clowes Mark Maloney & Georgia Murray Ben & Kate Taylor
Scott Harshbarger &
John F. Cogan Jr. Judith Stephenson Melvin Miller & Sandra Casagrand Jean Tempel
Dorothy & Edward Colbert Harold Hestnes Mills & Company M. Joshua Tolkoff
Ferdinand Colloredo-Mansfeld Arnold Hiatt Nicholas & Nayla Mitropoulos Gregory Torres &
Franz Colloredo-Mansfeld Joanne Hilferty James T. Morris Elizabeth Pattullo
Woolsey S. Conover Michael Hogan & Margaret Dwyer John E. Murphy, Jr. A. Raymond Tye
William J. Cotter Maria & Raymond Howell Pamela A. Murray Tom & Tory Vallely
William F. Coyne Jr. Laura Johnson Paul Nace & Sally Jackson E. Denis Walsh
John Craigin & Marilyn Fife Philip Johnston Bruce & Pam Nardella Michael D. Webb
Cheryl Cronin Jeffrey Jones Scott A. Nathan David C. Weinstein
Michael F. Cronin Robin & Tripp Jones Richard Neumeier Robert F. White
Stephen P. Crosby & Sara & Hugh Jones Fred Newman Michael J. Whouley
Helen R. Strieder Helene & Grant Wilson
Ronnie & Steve Kanarek Paul C. O’Brien
Bob Crowe Leonard A. Wilson
Jaime Katzman Joseph O’Donnell
Sandrine & John Cullinane Jr. Ellen Zane
Dennis J. Kearney Randy Peeler
Sally Currier & Saul Pannell Paul Zintl
Michael B. Keating, Esq. Hilary Pennington &
Thomas G. Davis Brian Bosworth
Dennis M. Kelleher
Richard B. DeWolfe Finley H. Perry, Jr.
William E. Kelly
Gerard F. Doherty

2007 MassINC 6 Annual Report
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CommonWealth magazine:
CommonWealth magazine continued its thoughtful, balanced examination of the politics,
ideas, and civic life affecting Massachusetts residents.

WINTER CommonWealth’s cover story “Recipe for Success” examined the choices
that Governor Patrick would need to make to be a successful Massachusetts
governor – from hiring the right managers to keeping the grass roots happy.
Online Forums
The winter issue also featured an interview with Jacob Hacker, author of The
As part of our continuing effort
to spur a thoughtful exchange Great Risk Shift, which was the basis for a subsequent CommonWealth Forum.
of ideas on important topics, The conversation focused on economic uncertainty associated with the changing
CommonWealth magazine asks nature of work and benefits that is threatening the middle class.
leaders from the worlds of
government, labor, business,
SPRING The spring issue looked at the state’s community colleges, which have
education, public policy, and
citizen organizations to offer come under scrutiny because of graduation rates that lag behind the national
their views on issues raised in average. The stakes are high for the colleges, but CW found that even getting
issues of the magazine. We invite
everyone to agree on the measures of success at community colleges isn’t easy.
our readers to put forth their
ideas as well.
SUMMER In “Thinking Big,” CW looked at the redevelopment of the Wood Mill
In 2007, we posted online over in Lawrence and how developer Bob Ansin is betting that it can help fuel a
20 brief essays reacting to two comeback for one of the state’s poorest cities. CW also dug into the topic of the
CommonWealth stories, “College
ever increasing costs of health care that we ignore at our peril.
Try” and “Municipal Meltdown.”

FALL The cover story looked at the “Municipal Meltdown” taking place as cities and
towns struggle with revenue streams that aren’t keeping pace with ever rising costs.
The fiscal stress that was once confined to a few struggling cities is working its way
into middle-class suburbs. Also featured in the fall issue, released just as Governor
Patrick’s casino legislation was announced, CW gave readers a preview of the sort of
CommonWealth enters big-money power plays that could have loomed ahead based on what occurred in
the blogsphere with Middleborough.
Beyond Red & Blue
In October, CommonWealth
launched Beyond Red & Blue,
a daily blog with updates on
presidential politics, economic
and demographic trends in
Massachusetts and across the
country, and all kinds of maps
both informative and fanciful.
BRB includes a redrawn map of
our “10 Regions of American
Politics,” which CommonWealth
introduced four years ago. Go to
beyondredandblue.massinc.org
to read and add your own
comments on politics and many
other topics.

2007 MassINC 7 Annual Report
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Civic Events:
In 2007, MassINC events again set the stage for balanced and engaging discussion
on topics that were central to civic life in Massachusetts.

Our CommonWealth Forum series hosted four events in 2007.

MARCH Shifting Risk: The Changing Rules for Family Economic Security looked at
how employees are being asked to shoulder more responsibility for everything
from health care to retirement savings and featured Yale political scientist Jacob
Hacker, author of The Great Risk Shift.

JUNE Higher Education and the Massachusetts Economy: Building on Our Competitive
Advantage examined the role of the state’s public and private higher education
institutions in the Massachusetts economy.

SEPTEMBER Less than 24 hours after Gov. Patrick announced his casino plans,
MassINC hosted High Stakes: The Casino Gambling Debate. The event laid out the
major arguments of those on both sides of the issue and lent insight into the
direction in which the debate may be headed on Beacon Hill.

DECEMBER Municipal Meltdown: The Fiscal Crisis Facing Massachusetts Cities &
Towns posed the question “What is the fix for the municipal meltdown taking
place in many communities?” in response to the cover story of the fall issue of
CommonWealth on the same topic.

Pictured above from left to right: Charles Fadel, Global Lead for Education, Cisco
Systems; Jean MacCormack, Chancellor, University of Massachusetts-Dartmouth;
Daniel O'Connell, Secretary of Housing and Economic Development; Gloria
Larson, president, Bentley College; and Richard Freeland, former president,
Northeastern University.

2007 MassINC 8 Annual Report
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Civic Events: continued

RealTalk, our young professional event series presented in conjunction with
Onein3 Boston and co-sponsored by the Boston Redevelopment Authority and
State Street Corporation, hosted three forums in 2007.

Following a discussion with Boston Police Commissioner Ed Davis about public
safety in Boston, a second RealTalk looked at health care policy and the new
Massachusetts health insurance law in “Sick—is the Massachusetts Health Care
Law the Remedy?” “Plugged In, Tuned Out: Young Adults and the News Media”
wrapped up the 2007 RealTalk series, featuring Dante Ramos, deputy editorial
page editor of The Boston Globe, Dan Kennedy of MediaNation.com, Bianca Vazquez
Toness of WBUR, and Adam Gaffin of Universal Hub.com as panelists.

3/30 | Merrimack Valley
MASSINC AROUND THE STATE Labor Supply | CHELMSFORD
Employers and workforce
development leaders came
together for a briefing
and discussion about the
2/28 | Changing Face in implications of MassINC’s
Berkshires | PITTSFIELD report Mass Economy:
This special event The Labor Supply and
discussed the implica- our Economic Future.
tions of MassINC’s
report The Changing
Face of Massachusetts
for the region’s employ-
ers, educators, work-
force, and communities.

4/5 | MetroWest Labor Force
NATICK This timely
6/7 |
Pioneer Valley Planning
discussion about the
Commission annual meeting
region’s labor supply
SPRINGFIELD MassINC and the
used the MassINC
Brookings Institution presented
report, Mass Economy:
the Gateway Cities report and
The Labor Supply and
led a discussion about informa- 9/24 | On the Rise – The Renewal of
our Economic Future
tion in the report specifically Southcoast Gateway Cities | FALL
as its foundation.
related to Springfield and the RIVER This forum focused on
Pioneer Valley. economic development in Fall
River and New Bedford. For
more details, please see page 4.

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New Skills for a New Economy:
Building job opportunities and a workforce for the future
With too many Massachusetts adults lacking the skills needed for achieving success in the
workforce, we continue to engage in public/private efforts to expand education and training
opportunities for low-skilled adults. Through MassINC’s research, journalism, and civic
events, MassINC staff provide expert analysis, serve on important task forces and commit-
tees developing new policies and programs, and engage the public and private sector in key
workforce development issues facing the state.

In 2007, through our New Skills for a New Economy Action and Awareness
Campaign, we worked with partners from the public and private sectors
to better understand why community college graduation rates were so
low and to set some ambitious targets to help more community college
students succeed and graduate from college. Special thanks are due to the
Balfour Foundation at Bank of America Philanthropic Services for their
support of our work in this area.

MassINC staff served on Governor Patrick’s Readiness Project recommending
ways in which the state’s many public and private higher education institutions
can better work together to develop the region’s workforce. We also worked
with the Department of Education to include workplace-based adult basic
education programs in their strategic planning. And we continued our
important work with the state’s Workforce Investment Board and the new
administration, serving on a special legislative taskforce on performance
accountability as part of our ongoing efforts to help develop a high-performing
workforce development system in Massachusetts.

2007 MassINC 10 Annual Report
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Friends of MassINC
MassINC greatly appreciates the support and involvement of its many friends.

MassINC PATRONS Cape and Islands Workforce Garcia, Clara Lund, Louisa Robertson, Kathleen
($500-$999) Investment Board Gardner, William & Barbara
Crowley, Jeff Carlson, Craig D. Gaudet, Robert Lyman, Martha Rodophele, Robert P.
Dunn, Daniel J. Ambassador Argeo P. Cellucci Giannino-Racine, Robert Lyons, Attorney Ray Rodwill, Christopher
Hall, Henry L. Jr. Chacon, Richard Gies, Pennington Lyons, Charles Rooke, Timothy
Helies, Tony Chaplin, Diana Gillespie, John W. MA Council of Human Rosen, Shaw
hopeFound Chesky, Evelyn G. Goldstein, Robert Service Providers Rudden, Eileen & Posner, Josh
Kaplan, Marty & Wendy Chieppo, Charles Gorin, Amy Mackenzie, David & Mary Ruffer, Deanna
Keough, Robert & Chin, Thomas Greenbaum, Daniel & Mahady, F.X. Sashin, Bonnie
Goldberger, Susan Choitz, Victoria K. Cramer, Deborah Mann, Jennifer S. Saulenas, Fae
Kershaw, Thomas Clark, Ingeborg Hegemann Hall Mygatt, Susan Marion, Paul F. Schmidt, William
Murray, Pamela A. Clarkeson, James D. Hampshire Educational Markey, Joe & Bernadette Sears, John W.
Scapicchio, Paul John Cochrane, Wayne & Kathryn Collaborative Marshall, James Sedares, Deborah E.
Semenoff, Ellen & Cohen, Joan Handy, Jenifer Massachusetts Dental Society
Meltzer, Daniel Shapiro, Norma & Benson
Committee to Elect Harrington, S. Kathleen Mathias, Craig
Town of Salisbury Shultz, Mary Jean
Barry Finegold Herzog, Ari Matloff, Lesli Silvia, Michael
Connolly, Katherine Heuer, Bill & Loretta Mayhew, William
FRIENDS ($50-$499) Smith, Robert P.
Cowan, Fairman C. Hill, Luke & Driscoll, Mary Mayor Michael A. Tautznik
Anonymous (10) Smith-Bacon, Barbara
Crosby, Max Hodgman, John Mazur, Amy
Abrams, Joel Smithers, F.S.
Crowecombe Group LLC Hoover, David McCahan, Kathleen & John
Adelstein, Mary T. & Snider, Steve
Crowley, Jeff Howard, Peter & Jane McCarthy, Mary
S. James Southeastern Regional
Cunningham, Maurice Howe, Dick & Judy McCormack, Kristen J Planning & Regional
Anastas, Charles
D'Angelo, James Howe, Peter J. McDonald, Barbara J. Development District
Ansel, Ellen & Robert
Davies, Susan & Huchra, John P. McGee, Donna J. Spieler, Emily
Ansin, Robert Talkov, Richard Idee, Inc. McGoldrick, Stephen Stanton, Bill & Lenon, Lisa
Armenta, Artemio De Amicas, Don Scott Ingram Periodicals McNulty-Vaughan, Kate Stanton, James
Avault, John De Villars, John Jacobson, David & Glazer, Lisa Mead, Stephen Stearns, Owen
Babcock, Elisabeth Decter, Sheila Jaxtimer, Joanne Melvoin, Barbara Glass & Stelzer, Paul M.
Bagley, Martha & Delta Projects, Inc.
Simpson, Bruce Johnson, Elizabeth & Doug Melvoin, Richard Stevens, Eric J.
Dennehy, Kathleen M. Jokela, Robert Merit Construction Alliance Stolow, David
Bair, Nancy
Dennison, Edward & Kristen Jonas, Lore Miceli, Laura Strickland, Monica K.
Baker, Dustin
DiCamillo, Gary Kangas, Jeanne S. Mitrokostas, Spyro Sullivan, David
Bartolini, Kathleen B.
DiGravio, Karen Kantartzi, M. Mount Wachusett Taberner, Scott
Bassett, Timothy
DiPaolo, John Kantor, Bob Community College Tarpey, Thomas
Battin, Richard & Margery
Donaldson, Ann Kaplan, Mark Neumeier, Richard Thielman, Jeff & Christine
Beacon Benefits, Inc.
Driscoll, Mary Katsoulomitis, Georgia D. Nicholl, Susan Tocci, Robert
Bello, Michael
Dunlavy, Linda Keefe, Dr. Joseph Norstrand, H. Peter Town of Brookline
Bergman, Mrs. Norman
Durso, Carmen L. Kelleher, Hugh Nutting, Jeffrey Tracy, Susan
Bergman, Terry
D'Urso, Terese & Nino Kerry, Cameron & O'Brien, Frank Senator Sue Tucker
Berkshire County Regional
Employment Board Dwight, Donald Weinman, Kathy O'Brien, John D. Walczak, Bill
Bernal, Leslie EBSCO Industries Kielson, David & Gail O'Brien, Julie & David Walz, Martha
Bernman, Eric & Roxanne Einstein, Thomas H. Kirby, Patrick Owens, Karen Carter Wattenberg, Hugh
Bierbaum, Thomas Employment Options, Inc. Koff, Laurence Patten, Theresa M. Weiner, Laura
Blair, Colin & Susanne Engler, Robert The Labor Guild of the Pattullo, Pat & Eliz Welling, W. Lambert
Ennen, William Archdiocese of Boston Penders, Kevin
Bohn, James White, Arthur & Vivien
Erlich, Mark L. Lacroix, Richard A. Penney, Sherry N.
Boston Center for Adult White, Barry B.
Education Evans, Terry & Bruce Ladd, Edward & Berthe Peters, Stephen White, Vivien & Arthur
Bradshaw, John F. Finn, Richard A. Larivee, John Pezzella, Paul M. Wiener, Laura
Brennan, D. Peter Finnegan, Paul W. Larsson, Michael Portnoy, Barry & Diane Wiggins, Marsha
Bricklayers & Allied Fitzgerald, Sheila Lashman, Edward Portz, John
Craftsmen Local 3 Williams, Christine
Flynn, Thomas Lavin, Carl D. Povich, Lon
MA-ME-NH Willis, Ken
Fortmann, Tom & Carla Leggat, Thomas Poyant, Ryan R.
Buchanan Madeja, Jamy Wittmann, Horst
Framingham State College Leiserson, Greg Ralton, Jonathan
Buckley, John R. Worcester Polytechnic
Frantz, Mary Levine, Andrew Regan, Terrarce Institute
Burke, Brendan
Freeeman, Elmer Lippett, John Ricci, Steve Wyeth, Amy G.
Burke, Jean Hines
Frier, Ted Logan, Bruce Rice, Laura Zammer, William
Butler, Michael
Fuller, Joe & Ruthanne Louder Than Words Richard, John & Jennifer Ziegler, Clark
Cahill, Treasurer Tim
Loughran, Ned Rimer, Ned & Katie

2007 MassINC 11 Annual Report
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2007 Financial results*

Statement of Activities FY2007 FY2006
INCOME
Grants $ 1,194,907 $ 909,120
Sponsors 757,100 964,500
Individuals 148,057 258,501
Other Income 70,348 18,446
In-kind Contributions 43,331 56,396
Total Income $ 2,213,743 $ 2,206,963

EXPENSE
Magazine $ 698,720 $ 805,448
Policy 411,562 520,203
Outreach & Communications 694,485 469,622
Development 293,947 178,923
Management & General 162,104 268,146
Total Expense $ 2,260,818 $ 2,242,342

Statement of Financial Position
ASSETS
Current Assets
Cash and Cash Equivalents $ 771,805 $ 861,501
Contributions Receivable 115,000 30,000
Prepaid Expense 2,432 3,158
Total Cash $ 889,237 $ 894,659

Property & Equipment, Net 23,832 36,826
Other Current Assets, Net 36,493 112,504
Total Assets $ 949,562 $ 1,043,989

LIABILITIES
Current Liabilities
Accounts payable $ 37,587 $ 54,826
Unearned Revenue 184,000 216,000
Accrued Expenses 11,438 9,551
Total Liabilities $ 233,025 $ 280,377

NET ASSETS
Unrestricted $ 292,823 $ 511,512
Temporarily restricted $ 423,714 $ 252,100
Total Net Assets $ 716,537 $ 763,612

Total Liabilities and Net Assets $ 949,562 $ 1,043,989

*Audited

2007 MassINC 12 Annual Report
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Get involved with MassINC
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617.224.1701
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2007 MassINC 13 Annual Report
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The Massachusetts Institute for a New Commonwealth
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