Jaffrey Chamber Of Commerce
- Assets
- $138.8k
- Revenue
- $79.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Jaffrey, NH
- Founding
- 07/1989
- Data as of
- 12/2021
- EIN
- 22-2511005
Organization Overview
Jaffrey Chamber Of Commerce is located in Jaffrey, NH. The organization was established in 1989. 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. Jaffrey Chamber Of Commerce 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, Jaffrey Chamber Of Commerce generated $79.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $78.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE VISION OF THE JAFFREY CHAMBER OF COMMERCE IS TO SUPPORT AN ATMOSPHERE WHERE COMMUNITY AND BUSINESS WORK TOGETHER TO CREATE GROWTH AND PROSPERITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS YEAR THE ANNUAL RON DESPRES MEMORIAL GOLF TOURNAMENT IN HONOR OF ONE OF THE ORIGINAL CHARTER MEMBERS WAS HELD TO PROMOTE SOCIAL GATHERING FOR CHANBER MEMBERS, BUSINESS AND GUESTS AS WELL A ROUND OF GOLF. THIS YEAR BECAUSE OF THE WEATHER GODS THE TOURNAMENT WAS RESCHEDULES TO AUGUST THERE WAS A GOOD TURN OUT AND WERE OVER 15 VOLUNTEERS FOR THE EVENT AND HAD 14 TEAMS AND 56 GOLFERS.
THIS YEAR THE ANNUAL MEETING WAS HELD TO RECONIZE AND CELEBRATE THE OUTSTANDING CONTRIBUTION OF ITS COMMUNITY LEADERS, ACKNOWLEDGE DEDICATED VOLUNTEERS, THANK OUTGOING DIRECTORS, AND WELCOME NEW DIRECTORS. THE CHAMBER AWARDED THE 2021 CITIZEN OF THE YEAR AWARD WENT TO CATHY FURZE , THE BUSINESS OF THE YEAR AWARD WENT TO COURNOYER FUNERAL HOME AND THE NON-PROFIT OF THE YEAR AWARD WENT TO THREADS OF HOPE THIS YEAR THE ANNUAL MEETING WAS PRESENTED VIA ZOOM.
THE CHAMBER MAINTAINS AN OFFICE ON 7 MAIN STREET, JAFFREY, NEW HAMPSHIRE WHERE IT CONDUCTS ITS BOARD OF DIRECTOR MEETINGS AND HAS INFORMATIONAL MATERIAL ON A VARITY OF MEMBER ORGANIZATIONS IN THE REGION. THE CHAMBER ALSO CONDUCTS MONTHLY BREAKFAST MEETINGS AS WELL AS AFTER HOURS GATHERINGS AS A WAY TO INTRODUCE MEMBERS AND INTERESTED GUESTS TO A VARIETY OF BUSINESSES IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Vitello Secretary | OfficerTrustee | 1 | $0 |
Cyndy Burgess President | OfficerTrustee | 2 | $0 |
Matthew Mccarthy Past President | OfficerTrustee | 1 | $0 |
Cathy Furze Vice President | OfficerTrustee | 1 | $0 |
Alison Bergeron Director | Trustee | 0.5 | $0 |
Sarah Dangelantonio Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $34,383 |
| Fundraising events | $3,500 |
| Related organizations | $0 |
| Government grants | $5,425 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,308 |
| Total Program Service Revenue | $36,318 |
| Investment income | $3 |
| 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 | $79,629 |
| 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 | $18,700 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,431 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $615 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27 |
| Office expenses | $10,725 |
| Information technology | $4,328 |
| Royalties | $0 |
| Occupancy | $23,197 |
| 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 | $2,154 |
| Insurance | $3,062 |
| All other expenses | $0 |
| Total functional expenses | $78,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,336 |
| Savings and temporary cash investments | $7,157 |
| 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 | $0 |
| Net Land, buildings, and equipment | $94,006 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $397 |
| Other assets | $6,888 |
| Total assets | $138,784 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $42,789 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $42,789 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $95,995 |
| Total liabilities and net assets/fund balances | $138,784 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Brattleboro Development Credit Corporation Brattleboro, VT | $32,397,294 | $6,662,012 |
Better Business Bureau Inc Marlborough, MA | $5,408,175 | $6,008,226 |
Two Ten Footwear Foundation Inc Waltham, MA | $38,171,628 | $5,812,562 |
Lean Enterprise Institute Inc Boston, MA | $4,353,748 | $5,746,296 |
New England Dairy Promotion Board Inc Boston, MA | $769,359 | $4,433,734 |
Massachusetts Society Of Certified Public Accountants Inc Boston, MA | $5,581,764 | $4,333,223 |
Air Barrier Association Of America Inc Walpole, MA | $3,544,144 | $3,499,577 |
Employers Association Of The Northeast Inc Agawam, MA | $2,530,284 | $3,473,662 |
Oasis Open Woburn, MA | $3,076,184 | $2,872,173 |
Pistoia Alliance Wakefield, MA | $1,753,143 | $2,132,539 |