Mystic Chamber Of Commerce Inc

Organization Overview

Mystic Chamber Of Commerce Inc is located in Mystic, CT. The organization was established in 1990. 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, Mystic Chamber Of Commerce Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mystic 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 12/2022, Mystic Chamber Of Commerce Inc generated $676.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $641.7k during the year ending 12/2022. While expenses have increased by 7.1% 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

THE ORGANIZATION'S MISSION IS TO FOSTER AND PROMOTE BUSINESS FOR MEMBERS AND TO PLAY AN ACTIVE ROLE IN THE COMMUNITY, BRINGING TOGETHER THE TOWNS OF STONINGTON AND GROTON, CONNECTICUT, AND TO ADDRESS CONCERNS OF THE MYSTIC BUSINESS COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPONSOR LOCAL FESTIVALS THAT ALLOW AREA BUSINESS TO DISPLAY THEIR PRODUCTS AND SERVICES AND ORGANIZE BUSINESS MEETINGS AND FUNCTIONS TO FOSTER EDUCATION OF THE MEMBERS AND TO PROVIDE NETWORKING OPPORTUNITES FOR MEMBERS.


SPONSOR LOCAL FESTIVALS WHICH ALLOW AREA BUSINESS TO DISPLAY THEIR PRODUCTS OR SERVICES AND ORGANIZE BUSINESS MEETINGS AND FUNCTIONS TO FORSTER EDUCATION OF THE MEMBERS AND TO PROVIDE NETWORKING OPPORTUNITIES FOR MEMBERS.


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)Compensation
Amanda Arling
Chair
$0
Sheri Cote
Treasurer
$0
David Labbe
Vice Chair
$0
Shannon Mckenzie
Secretary
$0
Chris Regan
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$382,304
Fundraising events$0
Related organizations$0
Government grants $13,500
All other contributions, gifts, grants, and similar amounts not included above$18,526
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$414,330
Total Program Service Revenue$262,464
Investment income $32
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 $676,826

Peer Organizations

Organization NameAssets
Hamaspik Of Orange County Inc
Monroe, NY
$99,506,046
International Swaps And Derivatives Association Inc
New York, NY
$66,998,440
Association Of National Advertisers Inc
New York, NY
$60,947,249
International Council Of Shopping Centers Inc
New York, NY
$58,353,418
Ll Global Inc Of Connecticut
Windsor, CT
$52,822,064
Housing Works Inc
Brooklyn, NY
$44,767,060
Natural Diamond Council Usa Inc
New York, NY
$35,245,477
Key Human Services Inc
Wethersfield, CT
$29,829,580
Warren Alpert Foundation
Providence, RI
$17,099,482
Broadway Cares-Equity Fights Aids Inc
New York, NY
$24,900,477
Network Inc
Andover, CT
$22,494,653
International Trademark Association Inc
New York, NY
$17,287,313
Northeast Power Coordinating Council Inc
New York, NY
$19,972,811
Northeast Gas Association Inc
Needham, MA
$19,306,054
American Association Of Advertising Agencies Inc
New York, NY
$18,201,629
The Toy Association Inc
New York, NY
$23,965,719
Rhode Island Automobile Insurance Plan
Johnston, RI
$11,028,967
Telecom Infra Project Inc
Wakefield, MA
$6,036,316
Loan Syndications And Trading Association Inc
New York, NY
$17,015,938
Greater New York Automobile Dealers Association
Whitestone, NY
$10,185,696
Mohawk Valley Health System
Utica, NY
$104,558,940
The National Academy Of Television Arts And Sciences Inc
New York, NY
$10,370,604
Chartered Alternative Investment Analyst Association Inc
Amherst, MA
$9,521,517
Private Label Manufacturers Association
New York, NY
$23,737,504
Rockland Paradmedic Services Inc
Chestnut Ridge, NY
$10,034,191

Create an account to unlock the data you need.

or