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GREATER HOLYOKE CHAMBER OF COMMERCE

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Tax-exempt status may be revoked

GREATER HOLYOKE CHAMBER OF COMMERCE

EIN 04-1448580

What they do

to STRENGTHEN THE ECONOMY of GREATER HOLYOKE BY REPRESENTING and INVOLVING THE BUSINESS COMMUNITY IN PUBLIC POLICY DECISIONS AFFECTING THE BUSINESS CLIMATE, BY HELPING INDIVIDUAL BUSINESSES PROSPER, and BY CREATING A COMMUNITY ENVIRONMENT CONDUCIVE to ECONOMIC OPPORTUNITY.

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$125.45spent for every $100 of revenueSpending was higher than revenue this year.
$0.16in assets for every $1 spent this yearSome assets cannot be spent right away.
7.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $49,897 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $57,858 for SONIAH GONZALEZ (FINANCIAL MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$196,029
Expenses$245,926
Annual shortfall $49,897 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$196,029
Expenses$245,926
Assets$40,230
Contributions$14,946
Grants given$5,000
Average grant$5,000
Accounting fees$2,900
People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
SONIAH GONZALEZFINANCIAL MANAGER · 38 hrs/week $57,858Base $46,728 · Other $11,130

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

SONIAH GONZALEZFINANCIAL MANAGER

KEVIN MCCAFFREYCHAIRPERSON

PATRICK MCINTYREDIRECTOR

PATRICIA SPRADLEYDIRECTOR

MICHAEL FILOMENO2ND VICE-CHAIRPERSON

MASON LEBRONDIRECTOR

MARIA FERRERDIRECTOR

MARGARET MANTONIPAST CHAIRPERSON

LISA WRAYDIRECTOR

LAUREN TABINDIRECTOR

AMANDA SBRASCIADIRECTOR

JOHN DRISCOLLCLERK

JESSICA DUPONTDIRECTOR

JAMES LAVELLEASSITANT TREASURER

JACOB PERKINSDIRECTOR

HARRY MONTALVOFIRST VICE CHAIRPERSON

GEORGE MULRYDIRECTOR

EILEEN LEAHYDIRECTOR

BRIAN SULLIVANDIRECTOR

ANDREA MARIONPRESIDENT

About this charity

Location
177 HIGH STREET, HOLYOKE, MA 01040
County
Hampden
In care of
HARRY MONTALVO
Primary officer
HARRY MONTALVO, CHAIRMAN

How to reach them

Filing and classification

Latest tax year
2019
Tax period began
July 1, 2019
Return type
990
Tax preparer
MEYERS BROTHERS KALICKA PC
Grant-giving organization
Yes
Revocation date
November 15, 2023

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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