Merrimack Chamber Of Commerce Inc is located in Merrimack, NH. The organization was established in 1988. 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. Merrimack Chamber Of Commerce Inc 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 12/2019, Merrimack Chamber Of Commerce Inc generated $28.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $50.5k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
PROVIDE MEMBERS WITH REGULAR NEWSLETTER. PROVIDE NETWORKING AND PROMOTIONAL OPPORTUNITIES THROUGH GOLF TOURNEY, BIZ AFTER HOURS, AND SIMILAR EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Yvette Couser Chair, Bec | 0 | $0 | |
Karen Keating Chairperson | 0 | $0 | |
Joe Mitchell Legal Counse | 0 | $0 | |
Mitch Aubut Hospitality | 0 | $0 | |
Steve Morabito Hospitality | 0 | $0 | |
Elizabeth Covino Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,510 |
Total Program Service Revenue | $14,225 |
Membership dues | $6,915 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $28,650 |
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 | $20,310 |
Occupancy, rent, utilities, and maintenance | $8,400 |
Printing, publications, postage, and shipping | $93 |
Other expenses | $21,728 |
Total expenses | $50,531 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,110 |
Other assets | $0 |
Total assets | $10,830 |
Total liabilities | $0 |
Net assets or fund balances | $10,830 |
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 |