New Bedford Chamber Foundation Inc
- Assets
- $26.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Bedford, MA
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 22-3000884
Organization Overview
New Bedford Chamber Foundation Inc is located in New Bedford, MA. The organization was established in 1994. 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. New Bedford Chamber 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 12/2021, New Bedford Chamber Foundation Inc generated $97.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 64.3% each year . All expenses for the organization totaled $74.7k during the year ending 12/2021. 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
PROVIDE ASSISTANCE TO THE SOUTHCOAST CHAMBER FOR CHARITABLE AND EDUCATIONAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick Kidder Co-Ceo | 1 | $0 | |
Michael O'sullivan Co-Ceo | 1 | $0 | |
Matthew Schondek Treasurer | 1 | $0 | |
Kim Perry President | 1 | $0 | |
Christopher Howard Clerk | 1 | $0 | |
Brian Lecomte Immediate Past Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,217 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,217 |
| 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 | $74,706 |
| Total expenses | $74,706 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,582 |
| Other assets | $0 |
| Total assets | $26,493 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,493 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New Bedford Chamber Foundation Inc has recieved totaling $10,891.
| Awarding Organization | Amount |
|---|---|
Southcoast Community Foundation Inc New Bedford, MA PURPOSE: GENERAL OPERATING SUPPORT | $10,391 |
Arbella Insurance Foundation Inc Boston, MA PURPOSE: UNRESTRICTED OPERATING FUNDS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rockland Paradmedic Services Inc Chestnut Ridge, NY | $9,826,544 | $8,654,302 |
New York State Society Of Cpas New York, NY | $15,747,345 | $10,100,943 |
My Sisters Place Inc White Plains, NY | $7,100,374 | $7,997,119 |
The Partnership For New York City Inc New York, NY | $50,256,117 | $10,277,356 |
Cat Nms Llc New York, NY | $0 | $6,303,484 |
Iab Technology Laboratory Inc New York, NY | $6,942,203 | $8,765,752 |
Hotel Association Of New York City Inc New York, NY | $10,787,267 | $6,155,523 |
The National Academy Of Television Arts And Sciences Inc New York, NY | $5,641,470 | $7,599,158 |
Council Of The Americas Inc New York, NY | $5,218,204 | $7,617,937 |
Greater New York Automobile Dealers Association Whitestone, NY | $65,972,568 | $4,689,490 |
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 |