Form 990 for tax year 2023
Filed by GREATER LOWELL CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $297,797
- Total expenses
- $355,622
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $165,283
- Investment income
- $129
- Other revenue
- $132,385
- Total assets, end of year
- $190,316
- Total liabilities, end of year
- $120,800
- Net assets or fund balances, end of year
- $69,516
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
2a · Program service revenue: MEMBERSHIP DUES
total $165,283 · related or exempt $165,283
-
3 · Investment income
total $129 · excluded $129
-
8a · Fundraising events: gross income
$172,926
-
8b · Fundraising events: direct expenses
$44,070
-
8c · Net income from fundraising events
total $128,856 · excluded $128,856
-
11a · Other revenue: OTHER INCOME
total $3,529 · related or exempt $3,529
-
11e · Other revenue, total
$3,529
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $109,378
-
7 · Other salaries and wages
total $108,508
-
8 · Pension plan contributions
total $6,593
-
9 · Other employee benefits
total $19,132
-
10 · Payroll taxes
total $17,725
-
12 · Advertising and promotion
total $7,654
-
13 · Office expenses
total $32,096
-
14 · Information technology
total $3,320
-
16 · Occupancy
total $19,122
-
19 · Conferences, conventions and meetings
total $109
-
24a · Other expenses: BAD DEBT EXPENSE
total $29,911
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $2,074
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $224,461 · end of year $139,426
-
4 · Accounts receivable
beginning of year $48,568 · end of year $49,687
-
9 · Prepaid expenses and deferred charges
beginning of year $1,145 · end of year $1,203
-
10a · Land, buildings and equipment: cost or other basis
$52,710
-
10b · Land, buildings and equipment: accumulated depreciation
$52,710
-
17 · Accounts payable and accrued expenses
beginning of year $22,060 · end of year $21,996
-
19 · Deferred revenue
beginning of year $124,773 · end of year $98,804
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $19,451 · end of year $19,451
-
31 · Retained earnings, endowment or other funds
beginning of year $107,890 · end of year $50,065
Mission and programs · 2023
Mission
TO PROVIDE A SIGNIFICANT UNIFIED VOICE IN SHAPING THE FUTURE GROWTH OF THE BUSINESS COMMUNITIES WHICH IT SERVES AND TO PROVIDE A VEHICLE THROUGH WHICH INDIVIDUALS CAN WORK TO IMPROVE THE AREA'S BUSINESS CLIMATE AND QUALITY OF LIFE. A DIVERSE BUSINESS BASE IS OF GREAT IMPORTANCE TO GREATER LOWELL'S ECONOMIC FUTURE. THE CHAMBER WILL WORK TO CREATE A HEALTHY AND COMPETITIVE ENVIRONMENT WHERE BUSINESSES CAN GROW AND PROSPER.
Activities or mission (Part I)
PROMOTING AND SHAPING THE FUTURE GROWTH OF GREATER LOWELL'S AREA BUSINESSES.
-
PROMOTION OF GREATER LOWELL BUSINESSES
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Danielle McFaddenDANIELLE MCFADDEN
PRESIDENT
- Total calculated
- $109,378
- From this org
- $109,378
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Patty CoffeyPATTY COFFEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dan PhelpsDAN PHELPS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sophan SmithSOPHAN SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Lisa MarroneLISA MARRONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Angela StrunkANGELA STRUNK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Virginia Crocker TimminsVIRGINIA CROCKER TIMMINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dot RichardsDOT RICHARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Joanne DennisonJOANNE DENNISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Erika JerramERIKA JERRAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rachel PolizzottiRACHEL POLIZZOTTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Robert WheelerROBERT WHEELER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Henry MarteHENRY MARTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer Rivera-CitronJENNIFER RIVERA-CITRON
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Larry EstelleLARRY ESTELLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Vichtcha KongVICHTCHA KONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Alison HughesALISON HUGHES
CHAIRWOMAN
- Total calculated
- $0
- Hours/week
- 5
-
Lisa TuzzoloLISA TUZZOLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Daniel EsdaleDANIEL ESDALE
VICE CHAIRMA
- Total calculated
- $0
- Hours/week
- 5
-
Ana St LouisANA ST LOUIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sandra MenesesSANDRA MENESES
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Melissa DesrochesMELISSA DESROCHES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Patty WilsonPATTY WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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
- 16 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531369349300318
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