Agganis Foundation Inc
Donations deductibleRevenue
$348k
year to 31 December 2024
Expenses
$149k
year to 31 December 2024
Total assets
$1.9m
$7k liabilities
Net assets
$1.9m
assets less liabilities
Directors and trustees
9
6.4y av
Staff
0
employees, year to 31 December 2024
Chair observed
≥2 yrs
Gregory J Agganis
Left since last filing
0
no seats appear to have opened
Agganis Foundation Inc's network
9 people2 organisationsi9 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Gregory J Agganis Chair | Chairman | 2022 | 4 yrs |
| Andrew T Demakes | President | 2018 | 8 yrs |
| Hannah Shaievitz | Director | 2022 | 4 yrs |
| Jeremy P Hmura | Treasurer & | 2018 | 8 yrs |
| John Keenan | Director | 2022 | 4 yrs |
| Peter C Pedro | Director | 2022 | 4 yrs |
| Rebakah A Benowicz | Director | 2022 | 4 yrs |
| Thomas C Demakis | Clerk | 2017 | 9 yrs |
| Thomas P Iarrobino (also filed as Thomas Iarrobino) | Director | 2017 | 9 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Gregory J Agganis | Chairman | $0 | |||
| Rebakah A Benowicz | Director | $0 | |||
| Andrew T Demakes | President | $0 | |||
| Thomas C Demakis | Clerk | $0 | |||
| Jeremy P Hmura | Treasurer & | $0 | |||
| Thomas P Iarrobino | Director | $0 | |||
| John Keenan | Director | $0 | |||
| Peter C Pedro | Director | $0 | |||
| Hannah Shaievitz | Director | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Agganis Foundation Inc
- EIN
- 202059030
- Address
- 37 Waterhill St, Lynn, MA, 01905-2134
- State
- Massachusetts
- Mission
- To provide college scholarships to deseving student athletes (as filed on the Form 990)
- Activity (NTEE)
- B82 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 6 (IRS master file code)
- Formed
- 2004
- Principal officer
- Andrew T Demakes (as named on the Form 990)
- IRS ruling date
- 1 January 2005
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 8, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥9years on the filingsThomas C Demakis
≥9years on the filingsThomas P Iarrobino
≥8years on the filingsAndrew T Demakes
≥8years on the filingsJeremy P Hmura
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $1.9m
- Total liabilities
- $7k
- Net assets or fund balances
- $1.9m
- Contributions and grants received
- $70k
- Program service revenue
- $0
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $348k | $149k | $199k |
As filed on the IRS Form 990. US dollars.