LOWELL PLAN INC

LOWELL, MA, 01854-3636 (978) 459-9899 Est. 1980 EIN 04-2693109

S200— Community Improvement Form 990 501(c)(3)

WWW.LOWELLPLAN.ORG

Mission

THE LOWELL PLAN, INC. IS A PRIVATE NON-PROFIT ECONOMIC DEVELOPMENT ORGANIZATION THAT PROVIDES A FORUM FOR PRIVATE AND PUBLIC SECTOR LEADERS TO DISCUSS THE CITY OF LOWELL'S ECONOMIC, EDUCATIONAL, AND CULTURAL DEVELOPMENT AND THAT ALSO SUPPORTS AND ADVOCATES FOR PARTNERSHIP PROGRAMS THAT ADVANCE THE STRATEGIC GOALS OF THE ORGANIZATION.

Financials

Total Revenue

$338,801

Total Expenses

$464,195

Net Assets

$2,088,728

1 employees 35 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

4.5 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 25.5%

Expenses ↓ 22.9%

Revenue Sources

Contributions 55.9% Earned revenue 23.9% Investment 20.2%

Expense Breakdown

Program 76.0% Management 24.0%

Officers & Key Employees (27)

Sign up free to see all officers. We treat individual compensation with extra care; named amounts are on Grow plans.

Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$338,801 ↓	$464,195	$2,088,728
2022 Form 990	$454,556 ↑	$602,249	$2,039,352
2021 Form 990	$307,460 ↓	$335,237	$2,094,501
2020 Form 990	$343,871 ↓	$296,684	$2,282,131
2019 Form 990	$966,510 ↑	$349,198	$2,091,178
2017 Form 990	$350,690	$376,938	$1,346,306