Form 990 for tax year 2023
Filed by CONNECTICUT RIVER VALLEY CHAMBER OF COMMERCE.
Totals
- Total revenue
- $486,113
- Total expenses
- $462,090
- Contributions and grants received
- $186,658
- Grants paid
- $8,238
- Program service revenue
- $276,336
- Investment income
- $170
- Other revenue
- $22,949
- Total assets, end of year
- $314,946
- Total liabilities, end of year
- $2,996
- Net assets or fund balances, end of year
- $311,950
- Program services expenses (Part IX)
- $333,862
- Management and general expenses
- $116,810
- Fundraising expenses
- $11,418
- Program service expenses (Part III)
- $89,273
Program services were 72.3% 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
$153,488
-
1f · All other contributions, gifts and grants
$33,170
-
2a · Program service revenue: PROGRAM INCOME
total $268,461 · related or exempt $268,461
-
2b · Program service revenue: ADVERTISING
total $7,875 · related or exempt $7,875
-
3 · Investment income
total $170 · related or exempt $170
-
8a · Fundraising events: gross income
$33,478
-
8b · Fundraising events: direct expenses
$10,529
-
8c · Net income from fundraising events
total $22,949 · excluded $22,949
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,238 · program services $5,238
-
2 · Grants to domestic individuals
total $3,000 · program services $3,000
-
5 · Compensation of officers, directors and key employees
total $94,126 · program services $70,595 · management and general $18,825 · fundraising $4,706
-
7 · Other salaries and wages
total $69,301 · program services $51,976 · management and general $13,860 · fundraising $3,465
-
8 · Pension plan contributions
total $12,200 · program services $9,150 · management and general $2,440 · fundraising $610
-
10 · Payroll taxes
total $6,881 · program services $5,161 · management and general $1,376 · fundraising $344
-
11c · Fees: accounting
total $10,195 · program services $7,646 · management and general $2,039 · fundraising $510
-
12 · Advertising and promotion
total $17,314 · program services $17,314
-
13 · Office expenses
total $61,397 · program services $18,075 · management and general $43,322
-
14 · Information technology
total $6,856 · program services $5,142 · management and general $1,371 · fundraising $343
-
16 · Occupancy
total $19,259 · program services $14,444 · management and general $3,852 · fundraising $963
-
17 · Travel
total $959 · program services $719 · management and general $192 · fundraising $48
-
20 · Interest
total $6,666 · program services $6,666
-
22 · Depreciation, depletion and amortization
total $333 · program services $333
-
23 · Insurance
total $2,902 · program services $2,177 · management and general $580 · fundraising $145
-
24a · Other expenses: PROGRAM MEETING EXPENSE
total $139,085 · program services $111,268 · management and general $27,817
-
24b · Other expenses: MEALS
total $4,574 · program services $3,430 · management and general $915 · fundraising $229
-
24c · Other expenses: TAXES
total $1,105 · program services $829 · management and general $221 · fundraising $55
-
24d · Other expenses: POSTAGE & SHIPPING
total $699 · program services $699
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $286,810 · end of year $205,648
-
2 · Savings and temporary cash investments
beginning of year $98,399 · end of year $98,327
-
10a · Land, buildings and equipment: cost or other basis
$31,207
-
10b · Land, buildings and equipment: accumulated depreciation
$28,257
-
10c · Land, buildings and equipment, net
beginning of year $3,283 · end of year $2,950
-
15 · Other assets
beginning of year $5,521 · end of year $8,021
-
17 · Accounts payable and accrued expenses
beginning of year $6,086 · end of year $2,996
-
24 · Unsecured notes and loans payable
beginning of year $100,000 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $287,927 · end of year $311,950
Mission and programs · 2023
Mission
THE CORE PURPOSE OF THE CHAMBER IS TO DEVELOP BENEFICIAL RELATIONSHIPS THAT SERVE AND ENHANCE A THRIVING REGIONAL BUSINESS COMMUNITY.
-
COMMIUNITY PROMOTIONAL EVENTS INCLUDING THE APPLE HARVEST FESTIVAL AND ROAD RACES.
Expenses $82,813 · Revenue $230,181
-
LEADERSHIP AND NETWORKING EVENTS INCLUDING YOUNG PROFESSIONAL BUSINESS NETWORKING GATHERINGS, NETWORKING/RESOURCE GROUP FOR WOMEN AND ANNUAL LEADERSHIP DEVELOPMENT PROGRAMS.
Expenses $6,460 · Revenue $17,955
-
BUSINESS AND COMMUNITY SERVICES INCLUDING NEW RESIDENT ORIENTATION PACKAGES, NEWSLETTER, LEADS EXCHANGE, AND BUSINESS AFTER HOURS
Revenue $28,229
As filed on the 2023 return.
Listed in Part VII
-
Jessica OlanderJESSICA OLANDER
PRESIDENT
- Total calculated
- $94,127
- From this org
- $94,127
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Arnold BermanARNOLD BERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul HaasPAUL HAAS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Sherry WilliamsSHERRY WILLIAMS
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Scott GarciaSCOTT GARCIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eric R Judge CFPERIC R JUDGE CFP
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Eileen BuckheitEILEEN BUCKHEIT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jake McChesneyJAKE MCCHESNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve WeirSTEVE WEIR
CHAIRMAN-ELECT
- Total calculated
- $0
- Hours/week
- 2
-
Deborah OakliffDEBORAH OAKLIFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jenny BergeronJENNY BERGERON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alexis Safo-AgyemanALEXIS SAFO-AGYEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob ZanlungoBOB ZANLUNGO
FAMILY/COMM ENG
- Total calculated
- $0
- Hours/week
- 2
-
Fran KnightsFRAN KNIGHTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike ChemerynskiMIKE CHEMERYNSKI
MEMBERSHIP
- Total calculated
- $0
- Hours/week
- 1
-
Dan SardilliDAN SARDILLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Guy LabellaGUY LABELLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jay MargnelliJAY MARGNELLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zach CohenZACH COHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Faith ZellerFAITH ZELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Adam ClemensADAM CLEMENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Annette LarabeeANNETTE LARABEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David HolmesDAVID HOLMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pam MarshallPAM MARSHALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413199349308286
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