Greater Derry Chamber Of Commerce
- Assets
- $48.7k
- Revenue
- $112.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Derry, NH
- Founding
- 11/1967
- Data as of
- 12/2021
- EIN
- 02-0268688
Organization Overview
Greater Derry Chamber Of Commerce is located in Derry, NH. The organization was established in 1967. 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 12/2021, Greater Derry Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Derry 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 12/2021, Greater Derry Chamber Of Commerce generated $112.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $149.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CHANBER PROVIDES BUSINESS INFORMATION, EDUCATION AND NETWORKING OPPORTUNTITIES TO LOCAL BUSINESSES. INCOME IS GENERATED FROM DUES AND OTHER FUNCTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES BUSINESS INFORMATION, EDUCATION AND NETWORKING OPPORTUNITIES TO LOCAL BUSINESSES.
PROVIDES BUSINESS INFORMATION, EDUCATION AND NETWORKING OPPORTUNITIES TO LOCAL BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Haseltine President | OfficerTrustee | 40 | $65,000 |
Martin Couture Treasurer | OfficerTrustee | $0 | |
Michael Ebbett Chairman | OfficerTrustee | $0 | |
Brenda Guggisberg Secretary | OfficerTrustee | $0 | |
Tj Karanasios Chair-Elect | OfficerTrustee | $0 | |
Kelley Beavers Vice Chair | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $94,036 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $94,036 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,123 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $112,559 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,000 |
| Compensation of current officers, directors, key employees. | $13,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,883 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $288 |
| Advertising and promotion | $1,100 |
| Office expenses | $3,528 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,356 |
| Travel | $239 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,600 |
| All other expenses | $1,043 |
| Total functional expenses | $149,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,573 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $155 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $48,728 |
| Accounts payable and accrued expenses | $5 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $56,600 |
| Total liabilities | $56,605 |
| Net assets without donor restrictions | -$7,877 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $48,728 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Derry Chamber Of Commerce has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Greater Manchester Chamber Of Commerce Manchester, NH PURPOSE: COVID 19 RECOVERY | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Association Of Privacy Professionals Portsmouth, NH | $95,531,598 | $42,238,853 |
Advanced Regenerative Manufacturing Institute Inc Manchester, NH | $22,637,554 | $26,561,020 |
Telecom Infra Project Inc Wakefield, MA | $19,363,144 | $19,879,167 |
Northeast Gas Association Inc Needham, MA | $15,830,312 | $17,592,560 |
Global Seafood Alliance Inc Portsmouth, NH | $16,114,958 | $17,110,603 |
Chartered Alternative Investment Analyst Association Inc Amherst, MA | $10,766,695 | $9,878,929 |
Downtown Boston Business Improvement District Corporation Boston, MA | $4,039,139 | $7,235,337 |
Greater Boston Chamber Of Commerce Boston, MA | $11,076,057 | $7,257,999 |
Brattleboro Development Credit Corporation Brattleboro, VT | $32,397,294 | $6,662,012 |
Better Business Bureau Inc Marlborough, MA | $5,408,175 | $6,008,226 |
Two Ten Footwear Foundation Inc Waltham, MA | $38,171,628 | $5,812,562 |
Lean Enterprise Institute Inc Boston, MA | $4,353,748 | $5,746,296 |