Marshfield Chamber Of Commerce Inc

Organization Overview

Marshfield Chamber Of Commerce Inc is located in Marshfield, MA. The organization was established in 1987. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marshfield Chamber Of Commerce Inc 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 12/2023, Marshfield Chamber Of Commerce Inc generated $222.8k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $220.8k during the year ending 12/2023. While expenses have increased by 5.7% per year over the past 3 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MARSHFIELD, MASSACHUSETTS CHAMBER OF COMMERCE MISSION IS TO PROMOTE OUR MEMBER BUSINESSES, ENCOURAGE NETWORKING AMONG MEMBERS, SERVE AS A VOICE ON BEHALF OF THE BUSINESS COMMUNITY, AND PROMOTE STRATEGIC ECONOMIC DEVELOPMENT. WE AIM TO MAKE MARSHFIELD THE BEST PLACE TO LIVE, WORK, AND PLAY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM EVENTS - ANNUAL IN PERSON AND VIRTUAL EVENTS HELD, INCLUDING GOLF TOURNAMENT, LEADER OF THE YEAR, AND LOBSTERFEST, AND ANNUAL GIFT CARD PROMOTION.


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Board, Officers & Key Employees

Name (title)Compensation
Jeremy Devaney
President
$0
Philip Ashcroft
Treasurer
$0
Jessica Ponyrko
Vice President
$0
Christopher White
Secretary
$0
Katie Gerstel
Director
$0
Michael Dimeo
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$64,263
Fundraising events$0
Related organizations$0
Government grants $27,500
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$91,763
Total Program Service Revenue$127,596
Investment income $3,438
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $222,797

Grants Awarded

Over the last fiscal year, Marshfield Chamber Of Commerce Inc has awarded $15,000 in support to 2 organizations.

Grant RecipientAmount

MARSHFIELD BROADCASTING CO

PURPOSE: Marketing and advertising

$6,000

ANCHOR WATCH MARKETING

PURPOSE: Graphic design services - logo redesigns

$9,000
View Grant Profile

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