Greater Boston Chamber Of Commerce

Organization Overview

Greater Boston Chamber Of Commerce is located in Boston, MA. The organization was established in 1923. 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. As of 12/2021, Greater Boston Chamber Of Commerce employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Boston 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, Greater Boston Chamber Of Commerce generated $7.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $6.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Greater Boston Chamber Of Commerce has awarded 47 individual grants totaling $494,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BE THE INDEPENDENT, NON-PROFIT ORGANIZATION THAT IS THE CONVENER, VOICE AND ADVOCATE OF THE REGION'S BUSINESS COMMUNITY. TO HELP MEMBERS AND GREATER BOSTON SUCCEED BY CONNECTING BUSINESS LEADERS, INFORMING THE BUSINESS COMMUNITY, SHAPING PUBLIC POLICIES AND PROVIDING LEADERSHIP DEVELOPMENT PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTE BETTER ECONOMIC CONDITIONS, STRATEGIC NETWORKING AND LEADERSHIP DEVELOPMENT WITHIN THE GREATER BOSTON AREA.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,817,804
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,710,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,527,804
Total Program Service Revenue$1,343,794
Investment income $90,307
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $265,543
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,257,999

Grants Awarded

Over the last fiscal year, Greater Boston Chamber Of Commerce has awarded $35,000 in support to 2 organizations.

Grant RecipientAmount

BOSTON WHILE BLACK

PURPOSE: CONTRIBUTIONS

$25,000

UNITED WAY OF MASSACHUSETTS BAY

Org PageRecipient Profile

Boston, MA

PURPOSE: CONTRIBUTION

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Greater Boston Chamber Of Commerce has recieved totaling $215,000.

Awarding OrganizationAmount
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$100,000
Greater Boston Chamber Of Commerce Foundation Inc

Boston, MA

PURPOSE: TO SUPPORT CITY AWAKE PROGRAM

$75,000
National Skills Coalition

Washington, DC

PURPOSE: RACIAL EQUITY LEARNING GROUP AGREEMENT & BLU SUBGRANT AGREEMENT

$35,000
Greater Boston Chamber Of Commerce Foundation Inc

Boston, MA

PURPOSE: TO SUPPORT POLICY PROJECT RELATED TO SCHOOL TESTING

$5,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or