Greater Manchester Chamber Of Commerce

Organization Overview

Greater Manchester Chamber Of Commerce is located in Manchester, NH. The organization was established in 1944. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Greater Manchester Chamber Of Commerce employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Manchester Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Greater Manchester Chamber Of Commerce generated $981.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $969.7k during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WE ARE THE VOICE OF BUSINESS, SHAPING ECONOMIC SUCCESS TO ENHANCE THE QUALITY OF LIFE IN GREATER MANCHESTER. OUR FOUR AREAS OF STRATEGIC FOCUS INCLUDE 1) ECONOMIC DEVELOPMENT 2) WORKFORCE DEVELOPMENT 3) DIVERSITY, EQUITY AND INCLUSION AND 4) THE CHAMBER OF TOMORROW. TOWARDS THESE GOALS , THE GREATER MANCHESTER CHAMBER SUPPORTS, FACILITATES, AND ENHANCES ECONOMIC VITALITY IN ORDER TO ATTRACT NEW BUSINESSES AND PROMOTE GROWTH FOR EXISTING BUSINESSES IN THE GREATER MANCHESTER REGION. THE GMC HELPS TO ATTRACTS AND DEVELOPS A DYNAMIC WORKFORCE THAT CAN SUSTAIN ECONOMIC GROWTH AND PROSPERITY FOR THE GREATER MANCHESTER REGION. WE FORGE NEW CONNECTIONS AND PARTNERSHIPS WITH DIVERSE COMMUNITIES AND STAKEHOLDERS FROM ACROSS OUR COMMUNITY AND STATE. WE SERVE AS RESOURCE FOR MEMBER BUSINESSES SEEKING TO IMPLEMENT NEW PRACTICES INTENDED TO FOSTER A CULTURE OF EQUITY AND INCLUSION IN THE WORKPLACE AND IN THE COMMUNITIES THEY SERVE. THE GMC ASPIRES TO BE THE PREMIER MEMBER-SERVING ORGANIZATION AND CH

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE GMC OFFERS A VARIETY OF PROGRAMMING TO EDUCATE AND INFORM THE BUSINESS COMMUNITY ABOUT GOVERNMENT AFFAIRS, ECONOMIC DEVELOPMENT, WORKFORCE DEVELOPMENT, DIVERSITY, EQUITY AND INCLUSION, EDUCATION AND ADVOCACY ON BEHALF OF BUSINESS AT THE CITY AND STATE LEVEL. WE MANAGE THE LEADERSHIP GREATER MANCHESTER AND MANCHESTER YOUNG PROFESSIONALS PROGRAMS THAT SHAPE AND MOLD LEADERS. WE ALSO HONOR A CITIZEN OF THE YEAR ANNUALLY FOR OUTSTANDING EXCELLENCE AND SERVICE TO THE COMMUNITY. LASTLY, WE OFFER A VARIETY OF EXPERIENTIAL AND NETWORKING PROGRAMS TO CONNECT PROFESSIONALS FOR RELATIONSHIP-BUILDING.


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Board, Officers & Key Employees

Name (title)Compensation
Genella Mcdonald
Chair
$0
Matt Cookson
Vice Chair
$0
Nathan Saller
Past Chair
$0
Sheila Mcneil
Treasurer
$0
Trinnie Houghton
Secretary
$0
Scott Spradling
Ec At Large
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $42,849
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$42,849
Total Program Service Revenue$860,443
Investment income $1,022
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $39,427
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $981,465

Grants Awarded

Over the last fiscal year, Greater Manchester Chamber Of Commerce has awarded $190,000 in support to 7 organizations.

Grant RecipientAmount

GREATER CONCORD CHAMBER COMM

PURPOSE: COVID 19 RECOVERY

$50,000

GREATER DERRY-LONDONDERRY CHAMBER

PURPOSE: COVID 19 RECOVERY

$30,000

MERRIMACK-SOUHEGAN CHAMBER

PURPOSE: COVID 19 RECOVERY

$30,000

GREATER NASHUA CHAMBER COMM

PURPOSE: COVID 19 RECOVERY

$30,000

GREATER SALEM CHAMBER COMM

PURPOSE: COVID 19 RECOVERY

$30,000

GREATER HUDSON CHAMBER COMM

PURPOSE: COVID 19 RECOVERY

$12,500
View Grant Profile

Peer Organizations

Organization NameAssets
International Association Of Privacy Professionals
Portsmouth, NH
$62,872,853
Advanced Regenerative Manufacturing Institute Inc
Manchester, NH
$30,061,391
Northeast Gas Association Inc
Needham, MA
$19,306,054
Global Seafood Alliance Inc
Portsmouth, NH
$19,143,468
Telecom Infra Project Inc
Wakefield, MA
$6,036,316
Chartered Alternative Investment Analyst Association Inc
Amherst, MA
$9,521,517
Greater Boston Chamber Of Commerce
Boston, MA
$8,356,052
Lean Enterprise Institute Inc
Boston, MA
$7,052,473
Two Ten Footwear Foundation Inc
Waltham, MA
$5,812,562
Better Business Bureau Inc
Marlborough, MA
$5,522,197
Brattleboro Development Credit Corporation
Brattleboro, VT
$5,445,267
Massachusetts Society Of Certified Public Accountants Inc
Boston, MA
$4,107,303
New England Dairy Promotion Board Inc
Boston, MA
$4,280,130
Air Barrier Association Of America Inc
Walpole, MA
$3,893,867
Downtown Boston Business Improvement District Corporation
Boston, MA
$3,722,843
Oasis Open
Woburn, MA
$3,299,673
Employers Association Of The Northeast Inc
Agawam, MA
$3,840,703
New England Womens Support Inc
Boston, MA
$2,802,940
Pistoia Alliance
Wakefield, MA
$2,646,733
A Better City Inc
Boston, MA
$2,489,114
Paperboard Packaging Council
Springfield, MA
$2,567,809
Maine State Chamber Of Commerce
Augusta, ME
$2,270,959
New England Apple Council Inc
Goffstown, NH
$2,530,418
Dartmouth Regional Technology Center Inc
Lebanon, NH
$2,113,757
Greenway Business Improvement District Corporation
Boston, MA
$1,991,665

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