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Nonprofiteer
← MAINE STATE CHAMBER OF COMMERCE

Form 990 for tax year 2023

Filed by MAINE STATE CHAMBER OF COMMERCE.

Totals

Total revenue
$2,027,770
Total expenses
$2,136,928
Contributions and grants received
$1,141,358
Grants paid
$0
Program service revenue
$734,563
Investment income
$1,249
Other revenue
$150,600
Total assets, end of year
$1,608,862
Total liabilities, end of year
$1,549,170
Net assets or fund balances, end of year
$59,692
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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

    $1,015,648

  • 1e · Government grants (contributions)

    $104,602

  • 1f · All other contributions, gifts and grants

    $21,108

  • 2a · Program service revenue: PROGRAM SERVICE REVENU

    total $734,563 · related or exempt $714,518 · unrelated business $20,045

  • 3 · Investment income

    total $1,249 · excluded $1,249

  • 8a · Fundraising events: gross income

    $79,150

  • 8b · Fundraising events: direct expenses

    $40,371

  • 8c · Net income from fundraising events

    total $38,779 · excluded $38,779

  • 11a · Other revenue: ADVERTISING INCOME

    total $111,821 · unrelated business $111,821

  • 11e · Other revenue, total

    $111,821

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $178,057

  • 7 · Other salaries and wages

    total $786,742

  • 8 · Pension plan contributions

    total $65,254

  • 9 · Other employee benefits

    total $64,786

  • 10 · Payroll taxes

    total $74,459

  • 11g · Fees: other

    total $223,977

  • 12 · Advertising and promotion

    total $4,647

  • 13 · Office expenses

    total $27,360

  • 16 · Occupancy

    total $77,114

  • 19 · Conferences, conventions and meetings

    total $3,089

  • 20 · Interest

    total $2,528

  • 22 · Depreciation, depletion and amortization

    total $17,203

  • 23 · Insurance

    total $21,866

  • 24a · Other expenses: PROGRAM EXPENSES

    total $422,577

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $38,010

  • 24c · Other expenses: BAD DEBTS

    total $14,000

  • 24d · Other expenses: LICENSES AND FEES

    total $13,913

  • 24e · All other expenses

    total $101,346

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $281,943 · end of year $306,475

  • 2 · Savings and temporary cash investments

    beginning of year $213,876 · end of year $248,941

  • 3 · Pledges and grants receivable

    beginning of year $90,000

  • 4 · Accounts receivable

    beginning of year $303,523 · end of year $260,078

  • 9 · Prepaid expenses and deferred charges

    beginning of year $27,363 · end of year $27,855

  • 10a · Land, buildings and equipment: cost or other basis

    $312,076

  • 10b · Land, buildings and equipment: accumulated depreciation

    $263,146

  • 10c · Land, buildings and equipment, net

    beginning of year $3,980 · end of year $48,930

  • 15 · Other assets

    beginning of year $727,847 · end of year $716,583

  • 17 · Accounts payable and accrued expenses

    beginning of year $199,613 · end of year $184,022

  • 19 · Deferred revenue

    beginning of year $545,555 · end of year $617,588

  • 23 · Secured mortgages and notes payable

    beginning of year $6,903 · end of year $31,145

  • 25 · Other liabilities

    beginning of year $727,611 · end of year $716,415

  • 27 · Net assets without donor restrictions

    beginning of year $58,841 · end of year $40,384

  • 28 · Net assets with donor restrictions

    beginning of year $110,009 · end of year $19,308

Mission and programs · 2023

Mission

ENHANCE THE BUSINESS CLIMATE, THE QUALITY OF LIFE, AND ECONOMIC WELLBEING OF THE BUSINESSES AND PEOPLE OF MAINE

Activities or mission (Part I)

SUPPORT AND STRENGTHEN MAINE BUSINESS

  • ENHANCE THE BUSINESS CLIMATE, THE QUALITY OF LIFE, AND ECONOMIC WELLBEING OF THE BUSINESSES AND PEOPLE OF MAINE

As filed on the 2023 return.

Listed in Part VII

  • Luann Ballesteros

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Clif Greim

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Bob Montgomery-Rice

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Michael Bourque

    SECOND VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Ann Robinson

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Geoffrey Baur

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • David Austin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • David Barber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Larry Barker

    DIRECTOR (THRU JUN. 2024)

    Total calculated
    $0
    Hours/week
    2
  • James Barrett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • John Bateman

    DIRECTOR (THRU OCT. 2023)

    Total calculated
    $0
    Hours/week
    2
  • Peter Black

    DIRECTOR (THRU FEB. 2024)

    Total calculated
    $0
    Hours/week
    2
  • Paul Bolin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Katherine A Bourque

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Brian J Bowman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tom Brennan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dana Bullen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Donna Cassese

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Melinda Caterine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Robert Caverly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Michael Chamberlain

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Erik Clapp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Ryan Clark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • James Cohen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • David Colter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Peter Connell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Matthew Cote

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • James Cote

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Eric Cyr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Sarah Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Katie Doherty

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Allison Economy

    DIRECTOR (THRU MAR. 2024)

    Total calculated
    $0
    Hours/week
    2
  • Dan Emerson

    DIRECTOR (THRU FEB. 2024)

    Total calculated
    $0
    Hours/week
    2
  • Dajuan Eubanks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Stacey Fitts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jon Fitzgerald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • John Flynn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Robert Frank III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Lynn Frazier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kate Gore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tony Grande

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Beth Greenlaw

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Quincy Hentzel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Christopher K Hodgdon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Steven A Hudson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Eric Jermyn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Wick Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Christopher Karcher

    DIRECTOR (THRU NOV. 2023)

    Total calculated
    $0
    Hours/week
    2
  • John Kayser

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Brian King

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Cory King

    DIRECTOR (THRU SEP. 2023)

    Total calculated
    $0
    Hours/week
    2
  • Peter Kingston

    DIRECTOR (THRU NOV. 2023)

    Total calculated
    $0
    Hours/week
    2
  • Melinda Kinney

    DIRECTOR (THRU JUN. 2024)

    Total calculated
    $0
    Hours/week
    2
  • Judy Knapp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Stephen Krolikowski

    DIRECTOR (THRU NOV. 2023)

    Total calculated
    $0
    Hours/week
    2
  • Laurie G Lachance

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Brian Langley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jo-An Lantz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Stephanie Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jeff Libby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kimberly N Lindlof

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Josh Madore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dannel Malloy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Todd Mason

    DIRECTOR (THRU AUG. 2023)

    Total calculated
    $0
    Hours/week
    2
  • Denise McDonough

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Timothy J McGonagle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dave McKenney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • David McPherson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Gary Merrill

    DIRECTOR (THRU JUN. 2023)

    Total calculated
    $0
    Hours/week
    2
  • Michael Mohan

    DIRECTOR (THRU APR. 2023)

    Total calculated
    $0
    Hours/week
    2
  • Deb Neuman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tom Peaco

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jesse Perkins

    DIRECTOR (THRU MAR. 2024)

    Total calculated
    $0
    Hours/week
    2
  • Dawn Piotras

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Erin Piper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Heather Printup

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Joseph Purington

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Lizzy Reinholt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Daniel Riley Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Alex Serra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Barry Sheff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Andrew E Silsby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • James Slotnick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Owen Smith

    DIRECTOR (THRU NOV. 2023)

    Total calculated
    $0
    Hours/week
    2
  • Umberto Speranza

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Mark Stgermain

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Matthew Stringer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Al Swallow

    DIRECTOR (THRU JUL. 2023)

    Total calculated
    $0
    Hours/week
    2
  • Josh Tardy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Gilbert Thibeau

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Mark Thibodeau

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Matthew E Tonello

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Eleanor Vadenais

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Tom Violette

    DIRECTOR (THRU NOV. 2023)

    Total calculated
    $0
    Hours/week
    2
  • Tim C Walton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • William Whitmore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Larry Wold

    DIRECTOR (THRU JUN. 2023)

    Total calculated
    $0
    Hours/week
    2
  • Bryan Wyatt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Patrick Woodcock

    CHAMBER PRESIDENT

    Total calculated
    $54,629
    From this org
    $52,969
    From related orgs
    $0
    Other
    $1,660
    Hours/week
    40
  • Linda Caprara

    VP ADVOCACY

    Total calculated
    $143,454
    From this org
    $123,058
    From related orgs
    $0
    Other
    $20,396
    Hours/week
    40

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.

Schedule J

Answered yes

  • 1a · Discretionary spending account
  • 1b · Written policy on the line-1a expenses
  • 3 · Approval by the board or compensation committee

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART III, LINE 1
PART 1, LINE 1A: PRESIDENT HAS ACCESS TO AND USE OF COMPANY CREDIT CARD FOR DISCRETIONARY SPENDING.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
15 February 2025
IRS schema version
2023v6.0
Source object
202531329349304473

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