Greater Manchester Chamber Of Commerce Inc is located in Manchester, CT. The organization was established in 1936. 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 06/2022, Greater Manchester Chamber Of Commerce Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Manchester 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 06/2022, Greater Manchester Chamber Of Commerce Inc generated $166.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $183.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ORGANIZATION SPONSORS PROGRAMS AND PROVIDES PUBLICATIONS WHICH AID IN THE PROMOTION OF THE ECONOMIC, INDUSTRIAL, PROFESSIONAL, CULTURAL AND CIVIC WELFARE OF THE GREATER MANCHESTER AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
April Difalco President | 40 | $67,820 | |
Tiffany Gelsomino Director | 0 | $0 | |
Margaret Aldrich Director | 0 | $0 | |
Jordon Coe Director | 0 | $0 | |
Fred Brown Director | 0 | $0 | |
Dan Wilson Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $131,622 |
Membership dues | $0 |
Investment income | $4,441 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $30,339 |
Other Revenue | $0 |
Total Revenue | $166,402 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $125,638 |
Professional fees and other payments to independent contractors | $2,152 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $450 |
Other expenses | $55,708 |
Total expenses | $183,948 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $106,415 |
Other assets | $0 |
Total assets | $107,670 |
Total liabilities | $0 |
Net assets or fund balances | $107,670 |
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