Form 990 for tax year 2022
Filed by NEW CASTLE COUNTY CHAMBER OF COMMERCE.
Totals
- Total revenue
- $1,170,908
- Total expenses
- $1,222,916
- Contributions and grants received
- $489,896
- Grants paid
- $0
- Program service revenue
- $680,816
- Investment income
- $196
- Other revenue
- $0
- Total assets, end of year
- $1,386,730
- Total liabilities, end of year
- $345,236
- Net assets or fund balances, end of year
- $1,041,494
- Program services expenses (Part IX)
- $1,036,592
- Management and general expenses
- $186,324
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,036,592
Program services were 84.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$489,896
-
2a · Program service revenue: PROGRAM FEES
total $430,816 · related or exempt $430,816
-
2b · Program service revenue: MANAGEMENT FEES
total $250,000 · related or exempt $250,000
-
3 · Investment income
total $196 · excluded $196
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $175,239 · program services $157,715 · management and general $17,524
-
7 · Other salaries and wages
total $362,574 · program services $326,317 · management and general $36,257
-
9 · Other employee benefits
total $56,268 · program services $50,641 · management and general $5,627
-
10 · Payroll taxes
total $41,915 · program services $37,724 · management and general $4,191
-
11c · Fees: accounting
total $40,406 · program services $26,668 · management and general $13,738
-
11g · Fees: other
total $39,135 · program services $25,829 · management and general $13,306
-
12 · Advertising and promotion
total $4,476 · program services $3,581 · management and general $895
-
16 · Occupancy
total $155,862 · program services $138,968 · management and general $16,894
-
17 · Travel
total $6,609 · program services $4,362 · management and general $2,247
-
22 · Depreciation, depletion and amortization
total $16,222 · program services $10,707 · management and general $5,515
-
23 · Insurance
total $20,698 · program services $17,593 · management and general $3,105
-
24a · Other expenses: MEMBER PROGRAMS
total $136,424 · program services $116,392 · management and general $20,032
-
24b · Other expenses: GOVERNMENT AFFAIRS
total $91,073 · program services $60,108 · management and general $30,965
-
24c · Other expenses: OTHER
total $51,747 · program services $43,305 · management and general $8,442
-
24d · Other expenses: EQUIPMENT AND MAINTENAN
total $14,294 · program services $10,006 · management and general $4,288
-
24e · All other expenses
total $9,974 · program services $6,676 · management and general $3,298
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $833,691 · end of year $841,594
-
4 · Accounts receivable
beginning of year $38,250 · end of year $64,695
-
9 · Prepaid expenses and deferred charges
beginning of year $12,503 · end of year $12,778
-
10a · Land, buildings and equipment: cost or other basis
$707,206
-
10b · Land, buildings and equipment: accumulated depreciation
$649,443
-
10c · Land, buildings and equipment, net
beginning of year $57,686 · end of year $57,763
-
12 · Investments: other securities
beginning of year -$278,623
-
15 · Other assets
beginning of year $475,641 · end of year $409,900
-
17 · Accounts payable and accrued expenses
beginning of year $129,888 · end of year $98,729
-
19 · Deferred revenue
beginning of year $129,564 · end of year $128,477
-
25 · Other liabilities
beginning of year $64,817 · end of year $118,030
-
27 · Net assets without donor restrictions
beginning of year $814,879 · end of year $1,041,494
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
CREATE BUSINESS DEVELOPMENT OPPORTUNITIES FOR OUR MEMBERS AND ADVOCATE FOR STRONG AND STABLE ECONOMIC CLIMATE
-
THE NEW CASTLE COUNTY CHAMBER OF COMMERCE HAS GROWN TO SERVE OVER 1,000 MEMBERS CURRENTLY. THE NEW CASTLE COUNTY CHAMBER OF COMMERCE CONTINUES ITS INVOLVEMENT IN GOVERNMENT AFFAIRS, SPECIAL BUSINESS EVENTS AND OVERSEES BUSINESS SPECIFIC PROGRAMS.
Expenses $1,036,592 · Revenue $680,816
As filed on the 2022 return.
Listed in Part VII
-
Steven BaccinoSTEVEN BACCINO
CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 3
-
Lisa AlvinoLISA ALVINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Doug AzarDOUG AZAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
David BrondDAVID BROND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Paul BryantPAUL BRYANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Mary Kate CampbellMARY KATE CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Jennifer CohanJENNIFER COHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Joe DivisJOE DIVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Monica EbodaMONICA EBODA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Lisa HimberLISA HIMBER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Bill HollowayBILL HOLLOWAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
J Barnaby HughesJ BARNABY HUGHES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Matthew LantagneMATTHEW LANTAGNE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Rick LapentaRICK LAPENTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Lisa LindseyLISA LINDSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Christine MantegnaCHRISTINE MANTEGNA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Dick MartinDICK MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Jeff MartinoJEFF MARTINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Michael PorterMICHAEL PORTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Pamela J ScottPAMELA J SCOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Bryon ShortBRYON SHORT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Bob ChadwickBOB CHADWICK
PRESIDENT
- Total calculated
- $180,496
- From this org
- $175,239
- From related orgs
- $0
- Other
- $5,257
- Hours/week
- 40 + 3 related
Schedule J breakdown matched by us
- Base
- $136,500
- Bonus
- $38,739
- Other
- $0
- Deferred
- $5,257
- Nontaxable benefits
- $0
- Filer's total
- $180,496
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 3
- THE DETERMINATION OF THE COMPENSATION OF THE PRESIDENT OF THE NEW CASTLE COUNTY CHAMBER OF COMMERCE WAS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THIS REVIEW INCLUDED MANY FACTORS, ONE OF WHICH WAS A DETAILED COMPARABILITY STUDY.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
EMERGING ENTERPRISES CENTER INC
501(C)(3) · BUSINESS SUPPORT · DE
Directly controlled by NEW CASTLE
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
NCCCC BENEFITS CONNECTION INC
C · GROUP INSURANCE · DE · 100% owned · share of income $295,081 · share of assets $960,368
Directly controlled by NCCCC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333209349300313
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