Melrose Chamber Of Commerce Inc
- Assets
- $68.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Melrose, MA
- Founding
- 10/1993
- Data as of
- 12/2021
- EIN
- 04-2656028
Organization Overview
Melrose Chamber Of Commerce Inc is located in Melrose, MA. The organization was established in 1993. 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. Melrose 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 12/2021, Melrose Chamber Of Commerce Inc generated $75.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $86.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Manning Executive Director | 32 | $46,417 | |
Jeff Newman President | 5 | $0 | |
Louis Izzi President Elect | 1 | $0 | |
Joseph Gulino Treasurer | 1 | $0 | |
Joanne Schamberg Secretary | 1 | $0 | |
Brad Hutchinson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $45,072 |
| Investment income | $62 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $30,236 |
| Other Revenue | $0 |
| Total Revenue | $75,370 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,130 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $8,215 |
| Printing, publications, postage, and shipping | $679 |
| Other expenses | $21,668 |
| Total expenses | $86,692 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,080 |
| Other assets | $0 |
| Total assets | $68,680 |
| Total liabilities | $27,534 |
| Net assets or fund balances | $41,146 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rockland Paradmedic Services Inc Chestnut Ridge, NY | $9,826,544 | $8,654,302 |
New York State Society Of Cpas New York, NY | $15,747,345 | $10,100,943 |
My Sisters Place Inc White Plains, NY | $7,100,374 | $7,997,119 |
The Partnership For New York City Inc New York, NY | $50,256,117 | $10,277,356 |
Cat Nms Llc New York, NY | $0 | $6,303,484 |
Iab Technology Laboratory Inc New York, NY | $6,942,203 | $8,765,752 |
Hotel Association Of New York City Inc New York, NY | $10,787,267 | $6,155,523 |
The National Academy Of Television Arts And Sciences Inc New York, NY | $5,641,470 | $7,599,158 |
Council Of The Americas Inc New York, NY | $5,218,204 | $7,617,937 |
Greater New York Automobile Dealers Association Whitestone, NY | $65,972,568 | $4,689,490 |
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 |