Greater Holyoke Chamber Centennial Foundation Inc
- Assets
- $19.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 18
- Location
- Holyoke, MA
- Founding
- 04/1991
- Data as of
- 06/2021
- EIN
- 11-0339109
Organization Overview
Greater Holyoke Chamber Centennial Foundation Inc is located in Holyoke, MA. The organization was established in 1991. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2021, Greater Holyoke Chamber Centennial Foundation Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Holyoke Chamber Centennial Foundation 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 06/2021, Greater Holyoke Chamber Centennial Foundation Inc generated $66.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (34.6%) each year. All expenses for the organization totaled $70.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (37.3%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION CONTRIBUTES TO THE ECONOMIC DEVELOPMENT AND ECONOMIC VITALITY OF THE COMMUNITY BY WORKING COLLABORATIVELY WITH AND IN SUPPORT OF THE CHAMBER OF COMMERCE. IT ADVISES CHAMBER MEMBERS AND THE BROADER COMMUNITY BY GUIDING AND PARTICIPATING IN PROGRAMS AND INITIATIVES RELATED TO: - HUMAN CAPITAL, EDUCATION AND WORKFORCE DEVELOPMENT. - RESEARCH AND STRATEGIC PLANNING TO GUIDE THE CHAMBER OF COMMERCE POLICIES RELATED TO BUSINESS NEEDS AND ECONOMIC DEVELOPMENT OF THE REGION. - BUSINESS EDUCATION AND SUPPORT FOR ENTREPRENEURSHIP. - FUNDRAISING: FINDING THE RESOURCES TO ACHIEVE CHAMBER OBJECTIVES AND ACCESS FUNDING OPPORTUNITIES. - SPECIAL PROJECTS OF STRATEGIC IMPORTANCE TO THE BUSINESS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Montalvo Chairman | 0 | $0 | |
George Mulry Director | 0 | $0 | |
Kevin Mccaffrey Past Chair | 0 | $0 | |
Jessica Dupont Director | 0 | $0 | |
Maria Ferrer Director | 0 | $0 | |
Brian Sullivan Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $66,629 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,629 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,523 |
| Total expenses | $70,873 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,239 |
| Other assets | $0 |
| Total assets | $19,710 |
| Total liabilities | $7,431 |
| Net assets or fund balances | $12,279 |
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