2025-10-30T08:53:55+00:00 2024-12-31 346565596 ERNST & YOUNG US LLP ONE MANHATTAN WEST NEW YORK NY 100018604 990 2024-01-01 042746912 PAN-MASSACHUSETTS CHALLENGE INC PAN- 7814495300 77 FOURTH AVENUE NEEDHAM MA 02494 MICHELE SOMMER TREASURER 7814495300 2025-10-30 true Nicole Sokolowski P01683199 2127733000 2025-10-30 2024 2025-03-06 01:10:19Z WILLIAM STARR 77 FOURTH AVENUE NEEDHAM MA 02494 87904413 false X WWW.PMC.ORG X 1981 MA TO RAISE FUNDS TO BE CONTRIBUTED TO THE JIMMY FUND AT DANA-FARBER CANCER INSTITUTE FOR ITS USE IN CONNECTION WITH RESEARCH, TREATMENT, CURE OF AND EDUCATION ABOUT CANCER. 14 13 23 3500 0 70957505 74506252 0 1661775 1737643 4308987 5547507 76928267 81791402 72000000 75000000 0 3123511 3079158 0 2333065 2653806 2795944 77777317 80875102 -849050 916300 3990278 3973897 2082757 1150076 1907521 2823821 TO RAISE FUNDS TO BE CONTRIBUTED TO THE JIMMY FUND AT DANA-FARBER CANCER INSTITUTE FOR ITS USE IN CONNECTION WITH RESEARCH, TREATMENT, CURE OF AND EDUCATION ABOUT CANCER. false false 75000000 75000000 0 ANNUAL BIKE-A-THON - APPROXIMATELY 7,000 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. 75000000 true true false false false false false false false false true false false false true false true false false false false false false false true false false true false true false false false false false false false false true false true false false false false false false false false false true 15 0 true 23 true false false false false false false false false false false false false X 14 13 false false false false false false false true true false false false true true true true true true true true false false CA FL GA AL HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OR PA RI SC TN UT VA AR WV WI X X MICHELE SOMMER 7814495300 77 FOURTH AVENUE NEEDHAM MA 02494 CAREN DEARDORF SECRETARY/DIRECTOR 1.0 0.0 X X 0 0 0 MICHAEL ASCIONE TREASURER/DIRECTOR 1.0 0.0 X X 0 0 0 WILLIAM STARR Founder/Executive Director 50.0 0.0 X X 570407 0 71439 BEKAH SALWASSER DIRECTOR 1.0 0.0 X 0 0 0 DAVID FIALKOW DIRECTOR 1.0 0.0 X 0 0 0 HANNAH HELLEBUSH DIRECTOR 1.0 0.0 X 0 0 0 JONATHAN GILULA DIRECTOR 1.0 0.0 X 0 0 0 JOSH BEKENSTEIN DIRECTOR 1.0 0.0 X 0 0 0 LOIS CORNELL DIRECTOR 1.0 0.0 X 0 0 0 MELANY DUVAL DIRECTOR 1.0 0.0 X 0 0 0 RENE JONES DIRECTOR 1.0 0.0 X 0 0 0 ROBERT SMITH DIRECTOR 1.0 0.0 X 0 0 0 SAM BYRNE DIRECTOR 1.0 0.0 X 0 0 0 SUSAN BROGAN DIRECTOR 1.0 0.0 X 0 0 0 JARRETT COLLINS CEO 50.0 0.0 X 352197 0 51470 MICHELE SOMMER CHIEF FINANCIAL OFFICER 50.0 0.0 X 249921 0 20723 GLYNN HAWLEY DIRECTOR OF OPERATIONS 50.0 0.0 X 154390 0 13589 JENNIFER SCHACHTER VP TECHNOLOGY & DIGITAL EXPERIENCE 50.0 0.0 X 255789 0 29089 MICHAEL IRVING SENIOR SOFTWARE ENGINEER 50.0 0.0 X 100452 0 20420 WILLIAM ALFANO DIR OF MKTG & STRAT PSHIPS 50.0 0.0 X 232819 0 43988 1915975 0 250718 7 false true false JOHN CAPELLUPO SENSORY SPECIALISTS PO BOX 94 NORTH SCITUATE MA 02060 AV SERVICES 211234 Sarah Mercurio 563 East 7th Street Boston MA 02127 Design Services 111435 2 74506252 2316195 74506252 0 0 0 0 0 1737643 1737643 0 0 0 0 11082910 74506252 5774197 5308713 5308713 577608 338814 238794 238794 0 0 0 0 0 81791402 0 0 7285150 75000000 75000000 1603971 1603971 881318 881318 184778 184778 263896 263896 145195 145195 35390 35390 78108 78108 510480 0 0 510480 551322 551322 137120 137120 76547 76547 180014 180014 55718 55718 84331 84331 CREDIT CARD PROCESS FEES 1033663 1033663 LOCKBOX ANALYSIS FEE 44762 44762 PROFESSIONAL DEVELOPMENT 8489 8489 0 0 0 0 80875102 75000000 3542037 2333065 413728 242747 1641332 2332176 1223296 741532 0 0 0 0 8321 59342 248984 264217 721296 520649 235277 200647 0 0 219340 133236 3990278 3973897 217655 275995 0 0 1865102 874081 2082757 1150076 X 882521 2348821 1025000 475000 1907521 2823821 3990278 3973897 X 916300 0 3408381 0 0 -3408381 X false true true false X 53487418 62948457 68337885 70957505 74506252 330237517 0 0 53487418 62948457 68337885 70957505 74506252 330237517 0 330237517 232276 6963 690405 1661775 1737644 4329063 0 0 0 0 0 0 0 334566580 60517389 0.98706 0.98990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 568097 442722 125375 153199 77927 75272 200647 Federal Income Taxes Prepaid 100% Fund DFCI Support 39000 PREPAID FUNDRAISING 565849 LEASE LIABILITY 244232 PREPAID SPONSORSHIP 25000 874081 91312793 3408381 6113010 9521391 81791402 0 0 81791402 90396493 3408381 6113010 9521391 80875102 0 0 80875102 Schedule D, Part X, Line 2 FIN 48 (ASC 740) FOOTNOTE FROM AUDIT THERE WAS NO FIN 48 (ASC 740) FOOTNOTE IN THE AUDITED FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 RECLASS COST OF GOODS SOLD - 338814 RECLASS IN-KIND EVENT EXPENSES - 5774196 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 RECLASS COST OF GOODS SOLD - 338814 RECLASS IN-KIND EVENT EXPENSES - 5774196 BIKE-A-THON 85589162 74506252 11082910 518480 899957 7800 4347960 0 0 85589162 74506252 11082910 518480 899957 7800 4347960 5774197 5308713 true DANA-FARBER CANCER INSTITUTE INC 450 BROOKLINE AVENUE BP4 18 Boston MA 02115 042263040 501(C)(3) 75000000 Cancer Research 1 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds AS STATED IN PART I, THE ORGANIZATION'S MISSION IS TO RAISE FUNDS TO BE DISTRIBUTED TO THE JIMMY FUND AT THE DANA-FARBER CANCER INSTITUTE (DFCI), A WELL RECOGNIZED 501(C)(3) ORGANIZATION, FOR ITS USE IN CONNECTION WITH THE RESEARCH, TREATMENT AND CURE OF AND EDUCATION ABOUT CANCER. THERE IS A LONGSTANDING RELATIONSHIP BETWEEN THE TWO ORGANIZATIONS. PMC DOES NOT HAVE A MONITORING FUNCTION AT DFCI. SINCE 1980 WHEN WILLIAM STARR AND 36 RIDERS RAISED AND DONATED $10,200 FOR THE DANA-FARBER CANCER INSTITUTE (DFCI), THERE HAS BEEN A CLOSE RELATIONSHIP BETWEEN DFCI AND THIS ANNUAL BICYCLING FUNDRAISER, WHICH NOW HAS APPROXIMATELY 7,000 RIDERS AND WHICH, THIS YEAR ALONE, DONATED $75 MILLION TO DFCI. TWO MEMBERS OF THE PAN MASSACHUSETTS CHALLENGE BOARD OF DIRECTORS (WILLIAM STARR, PRESIDENT/EXECUTIVE DIRECTOR OF PAN MASSACHUSETTS CHALLENGE, AND JOSH BEKENSTEIN) SIT ON THE DFCI BOARD OF TRUSTEES. ONE DFCI SENIOR MANAGER (MELANY DUVAL) ALSO SITS ON THE PAN MASSACHUSETTS CHALLENGE BOARD. ALTHOUGH THERE IS NO FORMAL MONITORING OF THE FUNDS DONATED TO DFCI BY THE PAN MASSACHUSETTS CHALLENGE, THE TWO ORGANIZATIONS HAVE A CLOSE WORKING RELATIONSHIP, ENSURING THE FUNDS ARE USED APPROPRIATELY. X true false X X X X X X false false false true false false false false false WILLIAM STARR Founder/Executive Director 438245 0 75000 0 57162 0 46000 0 25439 0 641846 0 0 0 MICHELE SOMMER CHIEF FINANCIAL OFFICER 225048 0 24873 0 0 0 18655 0 2068 0 270644 0 0 0 JARRETT COLLINS CEO 315797 0 36400 0 0 0 25875 0 25595 0 403667 0 0 0 JENNIFER SCHACHTER VP TECHNOLOGY & DIGITAL EXPERIENCE 229672 0 26117 0 0 0 19588 0 9501 0 284878 0 0 0 WILLIAM ALFANO DIR OF MKTG & STRAT PSHIPS 208379 0 24440 0 0 0 18330 0 25658 0 276807 0 0 0 GLYNN HAWLEY DIRECTOR OF OPERATIONS 139028 0 15362 0 0 0 11521 0 2068 0 167979 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments WILLIAM STARR RECEIVES CAR AND LIFE INSURANCE ALLOWANCES WHICH ARE GROSSED UP. THESE ALLOWANCES INCLUSIVE OF THE GROSS UP ARE INCLUDED IN TAXABLE COMPENSATION. Schedule J, Part I, Line 5a Compensation contingent on revenues of the organization FOR 2024, WILLIAM STARR AND JARRETT COLLINS WERE PAID BASE SALARIES, AND THEY RECEIVED BONUSES BASED ON THE PERFORMANCE OF THE PAN MASSACHUSETTS CHALLENGE FOR 2024. THEIR BONUS COMPENSATION WAS DESIGNED, AMONG OTHER THINGS, TO MAXIMIZE THE ORGANIZATION'S FUNDRAISING EFFICIENCY AND HELPED THE PAN MASSACHUSETTS CHALLENGE, FOR THE EIGHTEENTH CONSECUTIVE YEAR, TO DONATE 100% OF RIDER-RAISED FUNDS RECEIVED IN THE CURRENT YEAR TO DFCI. (THE PAN MASSACHUSETTS CHALLENGE BUDGET IS UNDERWRITTEN BY SPONSORSHIP PAYMENTS, AUXILIARY REVENUE AND BIKE-A-THON REGISTRATION FEES.) WILLIAM STARR'S COMPENSATION CONSISTS OF AN ANNUAL BASE SALARY OF $438,245 AND A BONUS IN THE AMOUNT OF $75,000. JARRETT COLLINS' COMPENSATION CONSISTS OF A BASE SALARY OF $315,797 AND A BONUS IN THE AMOUNT OF $36,400. JENNIFER SCHACHTER'S COMPENSATION CONSISTS OF A BASE SALARY OF $229,672 AND A BONUS IN THE AMOUNT OF $26,117. MICHELE SOMMER'S COMPENSATION CONSISTS OF A BASE SALARY OF $225,048 AND A BONUS IN THE AMOUNT OF $24,873. WILLIAM ALFANO'S COMPENSATION CONSISTS OF A BASE SALARY OF $208,379 AND A BONUS IN THE AMOUNT OF $24,440. Glynn Hawley's compensation consists of a base salary of $139,028 and a bonus in the amount of $15,362. BONUSES FOR JENNIFER SCHACHTER, MICHELE SOMMER, WILLIAM ALFANO, and Glynn Hawley ARE AWARDED BASED 50% ON INDIVIDUAL PERFORMANCE EVALUATIONS AND 50% ON ORGANIZATION PERFORMANCE. Schedule J, Part I, Line 2 SUBSTANTIATION REQUIREMENT FOR LINE 1A ITEMS ORGANIZATION DID NOT REQUIRE SUBSTANTIATION PRIOR TO REIMBURSING OR ALLOWING EXPENSES INCURRED BECAUSE GROSS-UP PAYMENTS WERE ALLOWANCES AND SUCH SUBSTANTIATION IS NOT NEEDED FOR ALLOWANCES. MEREDITH BEATON STARR SPOUSE OF WILLIAM STARR 67893 MEREDITH BEATON STARR IS THE SPOUSE OF WILLIAM STARR, PRESIDENT/DIRECTOR/BOARD MEMBER OF PAN MASSACHUSETTS CHALLENGE. MEREDITH BEATON STARR IS THE DIRECTOR OF STEWARDSHIP AND DFCI LIAISON. DIRECTOR OF STEWARDSHIP AND DFCI LIAISON RESPONSIBILITIES INCLUDE PATIENT REFERRALS, COORDINATING AND ASSISTING HEAD STAFF IN SITE DEVELOPMENT, MANAGEMENT AND OVERSIGHT OF SPECIFIC PMC/DFCI PROGRAMS INCLUDING THE PEDAL PARTNER PROGRAM, AND ASSISTANCE WITH THE RECRUITMENT AND CULTIVATION OF SPONSORS, RIDERS, VOLUNTEERS, STAFF AND DONORS AT PMC AND DFCI EVENTS. SHE WAS PAID REASONABLE COMPENSATION AS AN EMPLOYEE OF THE FILING ORGANIZATION. false 60 974165 Market value 105 723387 Market value X MISC FUNDRAISER 32 618643 Market value 0 false true false Form 990, Part VI, Line 11b Review of form 990 by governing body PAID PREPARERS PREPARED THE RETURN. MANAGEMENT CONSISTING OF THE EXECUTIVE DIRECTOR, CEO, CFO, THE CHAIRMAN OF THE BOARD AND THE TREASURER REVIEWED A DRAFT OF THE RETURN AND THE BOARD VIEWED THE FINAL RETURN BEFORE SUBMISSION FOR FILING. Form 990, Part VI, Line 12c Conflict of interest policy OUR CONFLICT OF INTEREST POLICY, WHICH HAS BEEN APPROVED BY THE BOARD, IS PROVIDED EACH YEAR TO ALL BOARD MEMBERS AND OFFICERS. THE BOARD MEMBERS AND OFFICERS ARE REQUIRED TO COMPLETE AND SIGN AN ANNUAL POLICY DISCLOSURE STATEMENT INDICATING THAT THEY HAVE READ AND AGREE TO COMPLY WITH THE POLICY, AND IDENTIFYING ALL INTERESTS (E.G., EMPLOYMENT OR OTHER COMPENSATION OR FINANCIAL RELATIONSHIPS) THAT COULD GIVE RISE TO A CONFLICT OF INTEREST UNDER THE POLICY. THESE DISCLOSURES ARE REVIEWED BY COUNSEL. THE CONFLICT OF INTEREST POLICY DEFINES TYPES OF FINANCIAL INTEREST THAT ARE TO BE DISCLOSED, OUTLINES PROCEDURES FOR DETERMINING WHETHER A CONFLICT EXISTS AND, IF SO, HOW TO ADDRESS THE CONFLICT, OUTLINES THE PROCESS TO RESPOND TO SUSPECTED VIOLATIONS OF THE CONFLICTS POLICY, AND CHARGES THE GOVERNING BOARD OF THE ORGANIZATION OR A COMMITTEE THEREOF TO TAKE APPROPRIATE DISCIPLINARY AND/OR CORRECTIVE ACTION IN THE EVENT OF A VIOLATION OF THE POLICY. THE POLICY ALSO REQUIRES THAT MINUTES OF GOVERNING BOARD AND COMMITTEE MEETINGS RELATING TO CONFLICTS OF INTEREST MATTERS BE MAINTAINED, AND THAT THEY INCLUDE THE NAMES OF THOSE WHO DISCLOSED OR WERE FOUND TO HAVE A FINANCIAL INTEREST, THE NATURE OF THE INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT WAS PRESENT, THE DECISION REGARDING WHETHER A CONFLICT WAS PRESENT, AND, WHERE A CONFLICT WAS FOUND TO BE PRESENT, THE NAMES OF THE PERSONS PRESENT FOR DISCUSSION AND VOTES RELATING TO THE MATTER, THE CONTENT OF THE DISCUSSION (INCLUDING ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT), AND A RECORD OF ANY VOTES TAKEN. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE EXECUTIVE DIRECTOR'S ANNUAL COMPENSATION IS ANALYZED, REVIEWED, AND RECOMMENDED BY THE COMPENSATION COMMITTEE AND APPROVED BY A VOTE OF THE FULL PAN MASSACHUSETTS CHALLENGE BOARD OF DIRECTORS (OTHER THAN THE EXECUTIVE DIRECTOR). THE COMPENSATION COMMITTEE AND BOARD UTILIZE AN INDEPENDENT COMPENSATION CONSULTANT'S REPORT TO BENCHMARK AND EVALUATE THE EXECUTIVE DIRECTOR'S COMPENSATION WITH COMPARABLE ORGANIZATIONS. COMPENSATION OF ALL EMPLOYEES IS INCLUDED IN THE ANNUAL BUDGET, WHICH IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. EXTERNAL BENCHMARKS WERE USED TO REVIEW ALL EMPLOYEES' COMPENSATION AS OF 2024. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE CEO AND CHIEF FINANCIAL OFFICERS' COMPENSATION IS REVIEWED AND approved by Founder/Executive Director, CEO and Chairman of the Board. COMPENSATION OF ALL EMPLOYEES IS INCLUDED IN THE ANNUAL BUDGET, WHICH IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. EXTERNAL BENCHMARKS WERE USED TO REVIEW ALL EMPLOYEES' COMPENSATION AS OF 2024. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances ADJUSTMENT FOR USE OF IN-KIND CONTRIBUTIONS - -3408381; Total - -3408381;