Form 990 for tax year 2022
Filed by CONNECTICUT RIVER VALLEY CHAMBER OF COMMERCE.
Totals
- Total revenue
- $506,234
- Total expenses
- $449,236
- Contributions and grants received
- $179,238
- Grants paid
- $4,200
- Program service revenue
- $303,331
- Investment income
- $68
- Other revenue
- $23,597
- Total assets, end of year
- $394,013
- Total liabilities, end of year
- $106,086
- Net assets or fund balances, end of year
- $287,927
- Program services expenses (Part IX)
- $319,251
- Management and general expenses
- $117,763
- Fundraising expenses
- $12,222
- Program service expenses (Part III)
- $91,816
Program services were 71.1% 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
$147,701
-
1f · All other contributions, gifts and grants
$31,537
-
2a · Program service revenue: ADVERTISING
total $11,800 · related or exempt $11,800
-
2b · Program service revenue: PROGRAM INCOME
total $291,531 · related or exempt $291,531
-
3 · Investment income
total $68 · related or exempt $68
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$32,300
-
8b · Fundraising events: direct expenses
$8,703
-
8c · Net income from fundraising events
total $23,597
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,200 · program services $1,200
-
2 · Grants to domestic individuals
total $3,000 · program services $3,000
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $93,950 · program services $70,463 · management and general $18,790 · fundraising $4,697
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $61,665 · program services $46,249 · management and general $12,333 · fundraising $3,083
-
8 · Pension plan contributions
total $9,959 · program services $7,470 · management and general $1,992 · fundraising $497
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $15,609 · program services $11,707 · management and general $3,122 · fundraising $780
-
11a · Fees: management
total $9,786 · program services $7,340 · management and general $1,957 · fundraising $489
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $13,475 · program services $10,106 · management and general $2,695 · fundraising $674
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $4,408 · program services $4,408
-
13 · Office expenses
total $63,254 · program services $20,509 · management and general $42,745
-
14 · Information technology
total $8,140 · program services $6,105 · management and general $1,628 · fundraising $407
-
15 · Royalties
total $0
-
16 · Occupancy
total $17,231 · program services $12,923 · management and general $3,446 · fundraising $862
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $107 · program services $107
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $1,000 · program services $1,000
-
23 · Insurance
total $4,471 · program services $3,353 · management and general $894 · fundraising $224
-
24a · Other expenses: PROGRAM MEETING EXPENSE
total $130,619 · program services $104,495 · management and general $26,124
-
24b · Other expenses: MEALS
total $9,640 · program services $7,230 · management and general $1,928 · fundraising $482
-
24c · Other expenses: Postage and Shipping
total $1,176 · program services $1,176
-
24d · Other expenses: TAXES
total $546 · program services $410 · management and general $109 · fundraising $27
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $223,735 · end of year $286,810
-
2 · Savings and temporary cash investments
beginning of year $98,400 · end of year $98,399
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$31,207
-
10b · Land, buildings and equipment: accumulated depreciation
$27,924
-
10c · Land, buildings and equipment, net
beginning of year $4,283 · end of year $3,283
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $4,511 · end of year $5,521
-
17 · Accounts payable and accrued expenses
end of year $6,086
-
24 · Unsecured notes and loans payable
beginning of year $100,000 · end of year $100,000
-
27 · Net assets without donor restrictions
beginning of year $230,929 · end of year $287,927
Mission and programs · 2022
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 $86,133 · Revenue $257,341
-
LEADERSHIP AND NETWORKING EVENTS INCLUDING YOUNG PROFESSIONAL BUSINESS NETWORKING GATHERINGS, NETWORKING/RESOURCE GROUP FOR WOMEN AND ANNUAL LEADERSHIP DEVELOPMENT PROGRAMS.
Expenses $5,683 · Revenue $16,980
-
BUSINESS AND COMMUNITY SERVICES INCLUDING NEW RESIDENT ORIENTATION PACKAGES, NEWSLETTER, LEADS EXCHANGE, AND BUSINESS AFTER HOURS
Revenue $22,915
As filed on the 2022 return.
Listed in Part VII
-
Jessica OlanderJESSICA OLANDER
President
- Total calculated
- $93,950
- From this org
- $93,950
- 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 SkiMIKE SKI
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
-
Mike WardMIKE WARD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dean MarchessaultDEAN MARCHESSAULT
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
-
Lisa RomanoLISA ROMANO
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Faith ZellerFAITH ZELLER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jim SheaJIM SHEA
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
-
Jairo LemosJAIRO LEMOS
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
- 2022
- Filed
- 10 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202331309349303268
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