Foundation Of The Greater New Haven Chamber Of Commerce Inc
- Assets
- $144.8k
- Revenue
- $100.8k
- Investments
- $0.0
- Employees
- 0
- Location
- New Haven, CT
- Founding
- 10/1994
- Data as of
- 02/2022
- EIN
- 06-1142015
Organization Overview
Foundation Of The Greater New Haven Chamber Of Commerce Inc is located in New Haven, CT. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of The Greater New Haven Chamber Of Commerce Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 02/2022, Foundation Of The Greater New Haven Chamber Of Commerce Inc generated $100.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $104.1k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RECEIVE AND ADMINISTER GIFTS, GRANTS AND CONTRIBUTIONS. ASSIST LOCAL & STATE GOVERNMENT LEADERS IN COMMUNITY DEVELOPMENT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND GRANTS
NEW HAVEN PUBLIC EDUCATION FUND - PROMOTE AND DEVELOP THE FOLLOWING PROGRAMS IN COOPERATION WITH THE NEW HAVEN BOARD OF EDUCATION: PARENT INVOLVEMENT, PARTNERS IN EDUCATION & PROMOTING SCHOOL EXCELLENCE INITIATIVES.
NEW HAVEN COMMUNITY FOUNDATION - PROMOTE AND DEVELOP ADVANCING EQUITY AND CREATING OPPORTUNITY IN GREATER NEW HAVEN BY BUILDING AN ECONOMY THAT WORKS FOR EVERYONE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garrett Sheehan President | OfficerTrustee | 1 | $0 |
Howard Hill Chairman | OfficerTrustee | 1 | $0 |
Kevin Dougherty Secretary | OfficerTrustee | 1 | $0 |
Jeffrey Klaus Immediate Past Chairman | OfficerTrustee | 1 | $0 |
Heather Latorra Vice Chairman | OfficerTrustee | 1 | $0 |
Jeffery Solomon Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,756 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,756 |
| Total Program Service Revenue | $0 |
| Investment income | $44 |
| 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 | $100,800 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $277 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $104,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,323 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $22,452 |
| 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 | $144,775 |
| Accounts payable and accrued expenses | $16,121 |
| Grants payable | $0 |
| Deferred revenue | $93,385 |
| 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 | $0 |
| Total liabilities | $109,506 |
| Net assets without donor restrictions | $23,031 |
| Net assets with donor restrictions | $12,238 |
| 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 | $144,775 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation Of The Greater New Haven Chamber Of Commerce Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Claire C Ennitt Watershed Fund Inc New Haven, CT PURPOSE: 2022 NEW HAVEN SCIENCE FAIR PROJECT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Actblue Civics Inc Somerville, MA | $9,393,713 | $97,519,174 |
New York State Technology Enterprise Corporation Rome, NY | $60,981,617 | $75,235,119 |
Hamaskpik Of Rockland County Inc Monsey, NY | $63,578,748 | $60,740,286 |
Comunilife Inc New York, NY | $31,660,998 | $48,925,659 |
Julia Dyckman Andrus Memorial Inc Yonkers, NY | $77,963,384 | $42,844,151 |
Wildwood Programs Inc Latham, NY | $26,961,317 | $41,590,830 |
Dana-Farber Inc Boston, MA | $2,427,985,539 | $197,856,829 |
Green Chimneys Childrens Services Inc Brewster, NY | $40,286,634 | $28,138,217 |
Times Square District Management Association New York, NY | $18,451,564 | $28,017,921 |
52 Broadway Realty Corp New York, NY | $50,887,165 | $15,066,010 |
Benhaven Inc North Haven, CT | $15,268,980 | $23,482,851 |
Catalyst Inc New York, NY | $56,172,197 | $22,153,415 |