Charlestown Chamber Of Commerce Inc

Organization Overview

Charlestown Chamber Of Commerce Inc is located in Charlestown, RI. 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. As of 06/2021, Charlestown Chamber Of Commerce Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlestown 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 06/2021, Charlestown Chamber Of Commerce Inc generated $87.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $82.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTION OF TOURISM

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CHAMBER'S PRIMARY ACTIVITY IS THE PROMOTION OF TOURISM WHICH IT DOES THROUGH ADVERTISING, NEWSLETTERS, MAPS, SPECIAL EVENTS, OPERATION OF THE TOURIST INFORMATION CENTER AND OTHER ACTIVITIES


THE CHAMBER AWARDS SCHOLARSHIPS TO CHARIHO HIGH SCHOOL SENIORS, HOWEVER DUE TO THE PANDEMIC AND THE INABILITY TO RAISE FUNDS, NO SCHOLARSHIPS WERE AWARDED IN THE CURRENT FISCAL YEAR.


PROVIDE LANDSCAPE MAINTENANCE FOR CENTER ISLANDS ON ROADWAYS TO CREATE AN INVITING ATMOSPHERE FOR TOURISTS ENTERING THE AREA


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Board, Officers & Key Employees

Name (title)Compensation
Heather Paliotta
Executive Di
$14,430
Craig Marr
President
$0
Howard Thorp
Treasurer
$0
Chris Randall
Vice Preside
$0
Tom Burdick
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $26,780
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$26,780
Total Program Service Revenue$18,900
Investment income $24
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $41,154
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $87,003

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