WORCESTER REGIONAL CHAMBER OF COMMERCE Charity Report

Public IRS 990 nonprofit record

WORCESTER REGIONAL CHAMBER OF COMMERCE

EIN 04-1988780 · Professional Athletic Leagues (N80)

What they do

THE ORGANIZATION is DEDICATED to BEING THE LEADING BUSINESS ORGANIZATION IN CENTRAL MASSACHUSETTS BY PROVIDING VALUABLE MEMBERSHIP SERVICES and PROGRAMS and EVENTS to ITS MEMBERS and IN ADVANCING and ADVOCATING ON BEHALF of ECONOMIC DEVELOPMENT INITIATIVES and PUBLIC POLICY ISSUES IMPORTANT to THE REGIONAL BUSINESS COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $21.40 was reported for mission work and $0.00 for fundraising. Understand this before you give.

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 2024The charity has a recent tax report to read.

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

They name their leaders47 people are listed in the latest report.

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

Money made simple

21.69%of revenue went to mission work21.4% of expenses · Program services

$101.48spent for every $100 of revenueSpending was higher than revenue this year.

79.79%of revenue went to management and office costs78.6% of expenses

$0.39in assets for every $1 spent this yearSome assets cannot be spent right away.

5.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $46,191 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $321,840 for TIMOTHY P MURRAY (PRESIDENT/CEO). 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 2024

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$3,116,944

Mission workProgram services$676,15721.69% of revenue21.4% of expenses

ManagementOffice and general costs$2,486,97879.79% of revenue78.6% of expenses

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

Total expenses$3,163,135101.48% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 21.4% went to mission work. Ask the charity to explain these numbers and show recent results.

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

2024CurrentExpense mix: 21.4% mission · 78.6% management · 0.0% fundraisingTotal expenses: 101.48% of revenue

2023Expense mix: 22.7% mission · 77.3% management · 0.0% fundraisingTotal expenses: 106.56% of revenue

2022Expense mix: 36.5% mission · 63.5% management · 0.0% fundraisingTotal expenses: 96.46% of revenue

2021Expense mix: 19.3% mission · 80.7% management · 0.0% fundraisingTotal expenses: 91.74% of revenue

2020Expense mix: 21.5% mission · 78.5% management · 0.0% fundraisingTotal expenses: 91.22% of revenue

2019Expense mix: 36.4% mission · 63.6% management · 0.0% fundraisingTotal expenses: 100.08% of revenue

2018Expense mix: 36.4% mission · 63.6% management · 0.0% fundraisingTotal expenses: 102.43% of revenue

2017Expense mix: 46.9% mission · 53.1% management · 0.0% fundraisingTotal expenses: 115.73% of revenue

Money in and money out

Revenue$3,116,944

Expenses$3,163,135

Annual shortfall $46,191 Expenses were higher than revenue 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.

Mission work (program services)$676,157 · 21.4% of expenses

Management and office costs$2,486,978 · 78.6% of expenses

See all reported dollar amounts

Revenue$3,116,944

Expenses$3,163,135

Assets$1,244,886

Income$3,116,944

Contributions$168,250

Mission work (program services)$676,157

Grants given$1,983,818

Average grant$283,403

Management and general$2,486,978

Accounting fees$35,400

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

TIMOTHY P MURRAYPRESIDENT/CEO · 36 hrs/week $321,840Base $319,939 · Other $1,901

KAREN PELLETIEREXECUTIVE VICE PRESIDENT · 40 hrs/week $175,423Base $161,550 · Other $13,873

LINDA SALEM-PERVIERVP MEMBERSHIP DEVELOPMENT & FINANCE · 40 hrs/week $107,151Base $104,672 · Other $2,479

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 (47)

TIMOTHY P MURRAYPRESIDENT/CEO

KAREN PELLETIEREXECUTIVE VICE PRESIDENT

LINDA SALEM-PERVIERVP MEMBERSHIP DEVELOPMENT & FINANCE

MEGHAN LIDDYDIRECTOR

JESSICA ROYCEDIRECTOR

JOHNNA CARLSONDIRECTOR

JOSHUA LEE SMITHDIRECTOR

KATHLEEN GAGNEDIRECTOR

KEVIN HAYESDIRECTOR

KOLA AKINDELEDIRECTOR

LAUREN CROSS-NANOFDIRECTOR

LOUIS BRADYDIRECTOR

LUIS PEDRAJADIRECTOR

JAMIE SALOISDIRECTOR

MICHAEL GARANDDIRECTOR

MICHAEL W WELCHDIRECTOR

NADINE JAMESDIRECTOR

PATRICK GBALIVADIRECTOR

PETER STAITIDIRECTOR

RALPH CROWLEY IIIDIRECTOR

ROBERT J MORTONDIRECTOR

SATYA B MITRACHAIR

STEPHANIE RAMEYDIRECTOR

TODD M TALLMANDIRECTOR

DR SETH WALLDIRECTOR

BRIAN WESTERLINDDIRECTOR

CAROLYN JACKSONDIRECTOR

CHARRAN FISHERCLERK

CHE ANDERSONDIRECTOR

CHRISTINE CASSIDYEX-OFFICIO

CRAIG L BLAISDIRECTOR

DAN BONNETTEDIRECTOR

DAN READIRECTOR

DEBRA SEAMANDIRECTOR

DIANE M GIAMPADIRECTOR

DON BOURQUEDIRECTOR

ANTHONY PASQUALEDIRECTOR

EDWARD MANZIDIRECTOR

ELIZABETH CRUZDIRECTOR

ERIC TORKORNOOVICE CHAIR

ERIC A BUSENBURGTREASURER

EURAYSHIA WILLIAMS REEDDIRECTOR

GLORIA PARADISODIRECTOR

HAMID MOHAGHEGHDIRECTOR

HARRIS BERENSONDIRECTOR

JAMES GLICKMANDIRECTOR

JAMES B LEARY ESQDIRECTOR

About this charity

Recognized since: January 1947
Location: 311 MAIN ST STE 200, WORCESTER, MA 01608-1543
County: Worcester
In care of: % COMPLETE PAYROLL SOLUTIONS LLC
Primary officer: TIMOTHY P MURRAY, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@worcesterchamber.org Phone(508) 753-2924

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: AAFCPAS INC
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues
Grant-giving organization: Yes