Princeton Regional Chamber Of Commerce Foundation Inc
- Assets
- $63.6k
- Revenue
- $781.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 02/1996
- Data as of
- 07/2022
- EIN
- 22-3413287
Organization Overview
Princeton Regional Chamber Of Commerce Foundation Inc is located in Princeton, NJ. The organization was established in 1996. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Princeton Regional Chamber Of Commerce 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 07/2022, Princeton Regional Chamber Of Commerce Foundation Inc generated $781.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (37.6%) each year. All expenses for the organization totaled $1.3k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (41.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hal English Director | 1 | $0 | |
Peter Dawson Chair | 1 | $0 | |
Patrick Ryan Director | 1 | $0 | |
Brenda Ross-Dulan Director | 1 | $0 | |
Bryan Evans Director | 1 | $0 | |
Jigna Rao Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $750 |
| Total Revenue | $781 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,343 |
| Total operating and administrative expenses | $1,345 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $63,568 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $63,568 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Princeton Regional Chamber Of Commerce Foundation Inc has awarded $474,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Cranford, NJ PURPOSE: SMALL BUSINESS LOANS AND GRANTS | $440,000 |
Trenton, NJ PURPOSE: COMMUNITY OUTREACH GRANT PROGRAM | $30,000 |
PMRC - BACK TO BUSINESS PROGRAM PURPOSE: COMMUNITY OUTREACH GRANT PROGRAM | $2,500 |
PMRC - LEAD NJ SPONSORSHIP PURPOSE: COMMUNITY OUTREACH GRANT PROGRAM | $2,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Princeton Regional Chamber Of Commerce Foundation Inc has recieved totaling $428,001.
| Awarding Organization | Amount |
|---|---|
Trustees Of Princeton University Princeton, NJ PURPOSE: CONTRIBUTION | $378,001 |
Tenacre Foundation Princeton, NJ PURPOSE: LOCAL NEW JERSEY | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of The Capital Region Enola, PA | $30,416,646 | $10,642,115 |
United Way Of Northern New Jersey Inc Cedar Knolls, NJ | $17,018,206 | $10,490,738 |
United Way Of Westchester And Putnam Inc White Plains, NY | $5,306,671 | $10,280,091 |
Mosaic & Terrazzo Welfare Fund Long Island City, NY | $7,395,380 | $7,617,875 |
Major League Baseball Charities Inc New York, NY | $2,315,439 | $9,095,032 |
United Way Of Wyoming Valley Wilkes Barre, PA | $25,303,702 | $9,071,760 |
Federation Of Protestant Welfare Agencies Inc New York, NY | $89,939,475 | $9,007,528 |
United Way Of Essex And West Hudson Newark, NJ | $9,335,896 | $5,246,649 |
United Way Of Bucks County Fairless Hills, PA | $4,389,093 | $6,298,784 |
Jewish Federation Of Delaware Inc Wilmington, DE | $42,196,802 | $6,101,660 |
United Way Of York County York, PA | $9,025,540 | $6,401,569 |
Boys Town Jerusalem Foundation Of America Inc New York, NY | $28,802,427 | $5,373,817 |