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Pan-Massachusetts Challenge Inc.

Pan-Massachusetts Challenge Inc.

Needham, MA 02494
Tax ID04-2746912

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About this organization

Revenue

$59,549,729

Expenses

$60,029,886

Website

pmc.org

Mission

The mission of the Pan-Massachusetts Challenge is to raise money for life-saving cancer care and research at Dana-Farber Cancer Institute through its Jimmy Fund. The catalyst for the fundraising effort is a bike-a-thon that crosses the Commonwealth of Massachusetts. Committed cyclists, volunteers, corporate sponsors, and individual financial contributors are essential to the PMC achieving this goal. Since its founding in 1980, the PMC has been increasingly successful in mobilizing the support of all these constituencies. We strive to inspire even more proponents of our cause and intend the money we raise to afford Dana-Farber's doctors and researchers the resources necessary to discover cures for all cancers.

About

Annual bike-a-thon - approximately 6,000 cyclists ride and raise money for cancer research and treatment, for the Jimmy Fund at the Dana-Farber Cancer Institute in Boston, Massachusetts. It is reported that PMC's cycling fundraiser is the most successful athletic fundraising event, in terms of dollars raised, in the country.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “To raise funds to be contributed to the jimmy fund at dana-farber cancer institute for its use in connection with the research, treatment, cure of and education about cancer.”.

When explaining its purpose, the activities were described as: “To raise funds to be contributed to the dana-farber cancer institute for its use in connection with the research, treatment, cure of and education about cancer.”.

  • The non-profit is legally allowed to operate in the state of MA, as reported.
  • The filing provides the non-profit's address in 2020 as 77 Fourth Avenue, Needham, MA, 02494.
  • The non-profit has a total of 17 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$480,157.
  • The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 14 independent voting members.
  • The organization was formed in 1981.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $2,000,836 in salary, compensation, and benefits to its employees.
  • The organization pays $1,115,201 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has a business related family member transaction.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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