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The Salem Partnership Inc

EIN 04-2996598 · Salem, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood84 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

The Salem Partnership works on key specific long-range economic initiatives for Salem and the region, focusing on Courts, Ports and Transportation. The Partnership's main focus is on the advocacy of the South Salem Commuter Rail Stop Project. The Partnership also actively participates in "Quality of Life" initiatives, with an emphasis on making Salem a better place to live and work.The Salem Partnership is directly involved in determining the outcome of issues critical to the greater Salem community. The members of the Partnership believe that a strong community creates a prosperous business climate.

Income
$118,233
Spending
$125,494
Reserves
19.2 months of spending
Largest source of income
other income, 94%
Highest pay
$85,000, executive director

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 84 out of 100. Higher than 65% of charities in its peer group (community improvement, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 19.2 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 6% of income.

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. Serves as a Member of City's Economic Recovery and Revitalization (EDRR) Task Force to focus on business and community support; the Salem Chamber of Commerce Executive Committee and Board of Directors; the Salem State University Assistance Corporation Board; and the Board of the North Shore Alliance for Economic Development.
  2. Assists the City of Salem with managing the contract for the 15% conceptual design phase of the South Salem Commuter Rail Stop Project.
  3. Assisted the City of Salem with preparation of a federal RAISE grant to fund 100% design of the South Salem Commuter Rail Stop Project. The application was successful - the City received the $2.8 million project.
  4. Will provide project management services to the City of Salem for the 100% design phase of the South Salem Commuter Rail Stop Project.

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1990.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.