Recent activity at Massachusetts Commonwealth Corporation
Meetings, budgets, and plans from this organization.
Jun 30, 2025·Annual financial report
Commonwealth Corporation and Affiliate FY2025
The combined basic financial statements for Commonwealth Corporation and its blended component unit, Commonwealth Corporation Foundation, for the fiscal years ended June 30, 2025 and 2024. The report includes an independent auditor's report, management's discussion and analysis, combined statements of net position, combined statements of revenues, expenses and changes in net position, combined statements of cash flows, and notes to the combined basic financial statements.
Jun 30, 2024
Enterprise
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The combined basic financial statements for Commonwealth Corporation and its blended component unit, Commonwealth Corporation Foundation, for the fiscal years ended June 30, 2024 and 2023. The report includes an independent auditor's report, management's discussion and analysis, combined statements of net position, revenues, expenses and changes in net position, and cash flows, along with notes to the combined financial statements.
Jun 30, 2023·Annual financial report
Commonwealth Corporation and Affiliate Annual Comprehensive Financial Report FY2023
The Annual Comprehensive Financial Report for Commonwealth Corporation and Affiliate for the fiscal year ended June 30, 2023. It presents combined basic financial statements, including statements of net position, revenues, expenses and changes in net position, and cash flows, together with an independent auditor's report and management's discussion and analysis.
Apr 18, 2023·Strategic plan
Workforce Skills Cabinet Career Technical Initiative
The Career Technical Initiative (CTI) addresses the skills gap in construction/trades and manufacturing by retraining youth and adults for skilled occupations, particularly those affected by COVID-19. It transforms vocational high schools into Career Technical Institutes, operating three shifts daily to expand enrollment. CTI aims to train 20,000 new skilled workers in key trades and technical jobs, supported by state budget allocations and ARPA funds, and includes funding for career pathway programs at vocational-technical schools.
