Princeton Regional Chamber Of Commerce Foundation Inc
- Assets
- $36.1k
- Revenue
- $662.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 02/1996
- Data as of
- 07/2023
- 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 07/2023, Princeton Regional Chamber Of Commerce Foundation Inc generated $662.0 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 (51.9%) each year. All expenses for the organization totaled $28.2k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Princeton Regional Chamber Of Commerce Foundation Inc has awarded 11 individual grants totaling $510,600. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
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 |
|---|---|---|---|
Patrick Ryan Director | 1 | $0 | |
Jeannine Cimino Director | 1 | $0 | |
William Rue Jr Chair | 1 | $0 | |
Hal English President | 1 | $0 | |
Chantal Capodicasa Treasurer | 1 | $0 | |
Rosa Rosado Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $22 |
| 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 | $640 |
| Total Revenue | $662 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,060 |
| Total operating and administrative expenses | $10,060 |
| Contributions, gifts, grants paid | $18,100 |
| Total expenses and disbursements | $28,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,070 |
| 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 | $36,070 |
| 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 $18,100 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
B&B COLOR STUDIO PURPOSE: PRINCETON SMALL BUSINESS RESILIENCY FUND GRANT | $2,100 |
NEW YORK CAMERA OF PRINCETON PURPOSE: PRINCETON SMALL BUSINESS RESILIENCY FUND GRANT | $5,000 |
PLANTED PLATE PURPOSE: PRINCETON SMALL BUSINESS RESILIENCY FUND GRANT | $5,000 |
SAKRID COFFEE ROASTERS PURPOSE: PRINCETON SMALL BUSINESS RESILIENCY FUND GRANT | $5,000 |
VASEFUL PURPOSE: PRINCETON SMALL BUSINESS RESILIENCY FUND GRANT | $1,000 |