Form 990 for tax year 2023

Filed by GREATER CHICOPEE CHAMBER OF COMMERCE.

Totals

Total revenue: $231,240
Total expenses: $201,298
Contributions and grants received: $105,926
Grants paid: $4,034
Program service revenue: $102,492
Investment income: $4,247
Other revenue: $18,575
Total assets, end of year: $206,187
Total liabilities, end of year: $22,344
Net assets or fund balances, end of year: $183,843
Program services expenses (Part IX): $136,852
Management and general expenses: $64,446
Fundraising expenses: $0
Program service expenses (Part III): $136,852

Program services were 68.0% 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.

1b · Membership dues

$82,226
1f · All other contributions, gifts and grants

$23,700
2a · Program service revenue: CONSULTING

total $0 · unrelated business $0 · excluded $0
2b · Program service revenue: SPONSORSHIP

total $76,625 · unrelated business $0 · excluded $0
2c · Program service revenue: ATTENDANCE

total $19,867 · unrelated business $0 · excluded $0
2d · Program service revenue: ADVERTISING

total $6,000 · unrelated business $0 · excluded $0
3 · Investment income

total $4,247 · unrelated business $0 · excluded $4,247
8a · Fundraising events: gross income

$2,580
8c · Net income from fundraising events

total $2,580 · unrelated business $0 · excluded $2,580
11a · Other revenue: MISCELLANEOUS INCOME

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11b · Other revenue: CENTER FRESH FARMERS MARKET

total $15,995 · related or exempt $15,995 · unrelated business $0 · excluded $0
11e · Other revenue, total

$15,995

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $4,034 · program services $4,034
5 · Compensation of officers, directors and key employees

total $67,834 · program services $44,658 · management and general $23,176 · fundraising $0
7 · Other salaries and wages

total $9,420 · program services $9,420 · management and general $0 · fundraising $0
9 · Other employee benefits

total $5,571 · program services $0 · management and general $5,571 · fundraising $0
10 · Payroll taxes

total $6,890 · program services $4,823 · management and general $2,067 · fundraising $0
11c · Fees: accounting

total $9,353 · program services $0 · management and general $9,353 · fundraising $0
11g · Fees: other

total $806 · program services $806 · management and general $0 · fundraising $0
12 · Advertising and promotion

total $3,232 · program services $2,250 · management and general $982 · fundraising $0
13 · Office expenses

total $8,563 · program services $6,273 · management and general $2,290 · fundraising $0
16 · Occupancy

total $3,060 · program services $0 · management and general $3,060 · fundraising $0
22 · Depreciation, depletion and amortization

total $816 · program services $373 · management and general $443 · fundraising $0
23 · Insurance

total $2,095 · program services $1,135 · management and general $960 · fundraising $0
24a · Other expenses: CREDIT CARD FEES

total $2,131 · program services $0 · management and general $2,131 · fundraising $0
24b · Other expenses: DUES & SUBSCRIPTIONS

total $700 · program services $0 · management and general $700 · fundraising $0
24c · Other expenses: BANK SERVICE FEES

total $0 · program services $0 · management and general $0 · fundraising $0
24e · All other expenses

total $76,793 · program services $63,080 · management and general $13,713 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $52,304 · end of year $29,418
2 · Savings and temporary cash investments

beginning of year $100,278 · end of year $154,505
4 · Accounts receivable

beginning of year $13,683 · end of year $11,935
9 · Prepaid expenses and deferred charges

beginning of year $1,189 · end of year $1,248
10a · Land, buildings and equipment: cost or other basis

$16,369
10b · Land, buildings and equipment: accumulated depreciation

$11,485
10c · Land, buildings and equipment, net

beginning of year $1,229 · end of year $4,884
14 · Intangible assets

beginning of year $4,197 · end of year $4,197
17 · Accounts payable and accrued expenses

beginning of year $4,191 · end of year $4,026
19 · Deferred revenue

beginning of year $14,788 · end of year $18,318
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
27 · Net assets without donor restrictions

beginning of year $153,901 · end of year $173,198
28 · Net assets with donor restrictions

beginning of year $0 · end of year $10,645

Mission and programs · 2023

Mission

TO PROMOTE THE BUSINESS IN THE CHICOPEE AREA.

THE CHAMBER IS A PROACTIVE, INDEPENDENT LEADER AND ADVOCATE FOR THE BUSINESS INTERESTS OF ITS DIVERSE MEMBERSHIP PROVIDING RESOURCES, SUPPORT AND ADVOCACY TO CREATE AND SUSTAIN VIBRANT REGIONAL COMMUNITY.

Expenses $136,852 · Grants $4,000

As filed on the 2023 return.

Listed in Part VII

Ben GarveyBEN GARVEY

DIRECTOR

Total calculated

$0

Hours/week

2
Mim ZayasMIM ZAYAS

FORMER CHAIR

Total calculated

$0

Hours/week

2
Todd McDonaldTODD MCDONALD

DIRECTOR

Total calculated

$0

Hours/week

2
Stephen HuntleySTEPHEN HUNTLEY

TREASURER

Total calculated

$0

Hours/week

2
A J CraneA J CRANE

CHAIR

Total calculated

$0

Hours/week

2
Daryl GrabowskiDARYL GRABOWSKI

DIRECTOR

Total calculated

$0

Hours/week

2
Nick RileyNICK RILEY

DIRECTOR

Total calculated

$0

Hours/week

2
Melissa BreorMELISSA BREOR

EXECUTIVE DIRECTOR

Total calculated

$67,839

From this org

$67,839

From related orgs

$0

Other

$0

Hours/week

40

Schedule J breakdown matched by us

Base

$67,839

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$0

Filer's total

$67,839
Christine JuddCHRISTINE JUDD

DIRECTOR

Total calculated

$0

Hours/week

2
Jason ReedJASON REED

VICE-CHAIR

Total calculated

$0

Hours/week

2
John GannonJOHN GANNON

DIRECTOR

Total calculated

$0

Hours/week

2
Ashley BatlleASHLEY BATLLE

DIRECTOR

Total calculated

$0

Hours/week

2
Deborah LeoneDEBORAH LEONE

DIRECTOR

Total calculated

$0

Hours/week

2
Stefany ScliopouSTEFANY SCLIOPOU

SECOND VICE-CHAIR

Total calculated

$0

Hours/week

2
Marcel MonizMARCEL MONIZ

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. 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

None.

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement

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: 12 June 2024
IRS schema version: 2023v5.1
Source object: 202431729349301508

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