NEW BEDFORD AREA CHAMBER OF COMMERCE INC Charity Report

Public IRS 990 nonprofit record

NEW BEDFORD AREA CHAMBER OF COMMERCE INC

EIN 04-1658850

What they do

THE CHAMBERS MISSION is to SERVE THE INTERESTS of MEMBER BUSINESSES WHILE ADVOCATING BUSINESS ADVANCEMENT, ECONOMIC GROWTH and JOB CREATION for THE BENEFIT of THE SOUTHCOAST REGION of MASSACHUSETTS. ADDITIONALLY, THE CHAMBER ASSISTS ITS RELATED ORGANIZATION, THE NEW BEDFORD CHAMBER FOUNDATION, INC., WITH THE FOUNDATIONS CHARITABLE and EDUCATIONAL ACTIVITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 checkNo IRS revocation warning appears in this data.

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 leaders42 people are listed in the latest report.

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

Money made simple

$97.10spent for every $100 of revenueRevenue covered expenses this year.

12.29%of revenue went to management and office costs12.7% of expenses

$0.35in assets for every $1 spent this yearSome assets cannot be spent right away.

38.7%of its money came from giftsOther money may come from services or investments.

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Is this really the charity? Give only through its official website or confirmed phone number.

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.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$862,002

Mission workProgram services0.00% of revenue0.0% of expenses

ManagementOffice and general costs$105,98312.29% of revenue12.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$24,9852.90% of revenueShown in gray on the chart

Total expenses$837,01797.10% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2019CurrentExpense mix: 0.0% mission · 12.7% management · 0.0% fundraisingTotal expenses: 97.10% of revenue

2018Expense mix: 0.0% mission · 14.4% management · 0.0% fundraisingTotal expenses: 88.46% of revenue

Money in and money out

Revenue$862,002

Expenses$837,017

Annual surplus $24,985 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$105,983 · 12.7% of expenses

See all reported dollar amounts

Revenue$862,002

Expenses$837,017

Assets$291,039

Contributions$333,546

Grants given$128,089

Average grant$64,045

Management and general$105,983

People

Leadership and board

Tax year 2021

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (42)

MONTE FERRISDIRECTOR

KEVIN CARANDODIRECTOR

KIM PERRYPRESIDENT

LAURA DOUGLASDIRECTOR

LYNNE MASTERADIRECTOR

MATT ZENNIDIRECTOR

MATTHEW SCHONDEKTREASURER

MELODY LAVOIEDIRECTOR

MICHAEL BUSHELLDIRECTOR

MICHAEL OSULLIVANCO-CEO

MICHAEL TAVARESDIRECTOR

JEFFREY PAGLIUCADIRECTOR

NATHAN ARAUJODIRECTOR

NICK CHRISTVICE CHAIR

PAUL CHASSEDIRECTOR

RICHARD MANUELS JRDIRECTOR

RONALD ELLISEVICE CHAIR

ROSE LOPESAT LARGE

SCOTT OBRIENDIRECTOR

STEPHEN CONNULTYDIRECTOR

WILLIAM BURNSVICE CHAIR

CURTIS NELSONVICE PRESIDENT

ARTHUR PACHECODIRECTOR

BILL PERKINSAT LARGE

BOB UNGERDIRECTOR

BRIAN LECOMTEIMMEDIATE PAST CHAIR

CARL SAWEJKODIRECTOR

CATHERINE DILLONDIRECTOR

CHARLIE FELLOWSDIRECTOR

CHERYL BARTLETTDIRECTOR

CHRISTOPHER HOWARDCLERK

CHUCK LORDDIRECTOR

ANTHONY MEDEIROSDIRECTOR

DAVID MAHERDIRECTOR

DEREK SANTOSDIRECTOR

DOUG GLASSMANDIRECTOR

DOUGLAS RODRIGUESDIRECTOR

EILEEN DANAHEYCHAIR-ELECT

FREDERICK KIDDERCO-CEO

GAIL FORTESVICE CHAIR

GARY HOWAYECKDIRECTOR

JEFFREY GLASSMANDIRECTOR

About this charity

Location: 227 UNION STREET MEZZANINE 2, NEW BEDFORD, MA 02740
County: Bristol
In care of: KIM PERRY
Primary officer: KIM PERRY, CHAIR

How to reach them

WebsiteVisit the charity’s website Phone(508) 999-5231

Filing and classification

Latest tax year: 2019
Tax period began: January 1, 2019
Return type: 990
Tax preparer: LISA ALDRICH CPA PC
Grant-giving organization: Yes