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BEVERLY CHAMBER OF COMMERCE INC

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Public IRS 990 nonprofit record

BEVERLY CHAMBER OF COMMERCE INC

EIN 04-2893024 · Chambers of Commerce & Business Leagues (S41)

What they do

THE CHAMBER WORKS to IMPROVE THE GREATER BEVERLYS ECONOMY and QUALITY of LIFE.

Before you give

Should I give to this charity?

Easy charity check
The spending raises an important question

Of every $100 spent, about $18.30 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 leaders22 people are listed in the latest report.

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

Money made simple

16.92%of revenue went to mission work18.3% of expenses · Program services
$92.48spent for every $100 of revenueRevenue covered expenses this year.
75.57%of revenue went to management and office costs81.7% of expenses
$0.54in assets for every $1 spent this yearSome assets cannot be spent right away.
40.6%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.

Pay context: The highest compensation shown in this filing is $97,205 for LESLIE GOULD (EXECUTIVE DIRECTOR). 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.

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$339,601
Mission workProgram services$57,44716.92% of revenue18.3% of expenses
ManagementOffice and general costs$256,62775.57% of revenue81.7% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$25,5277.52% of revenueShown in gray on the chart
Total expenses$314,07492.48% of revenue

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

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 18.3% 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: 18.3% mission · 81.7% management · 0.0% fundraisingTotal expenses: 92.48% of revenue
2023Expense mix: 20.5% mission · 79.5% management · 0.0% fundraisingTotal expenses: 92.95% of revenue
2022Expense mix: 17.8% mission · 82.2% management · 0.0% fundraisingTotal expenses: 103.66% of revenue
2021Expense mix: 18.4% mission · 81.6% management · 0.0% fundraisingTotal expenses: 82.78% of revenue
2020Expense mix: 20.3% mission · 79.7% management · 0.0% fundraisingTotal expenses: 133.90% of revenue
2019Expense mix: 20.6% mission · 79.4% management · 0.0% fundraisingTotal expenses: 95.33% of revenue
2018Expense mix: 20.1% mission · 79.9% management · 0.0% fundraisingTotal expenses: 131.07% of revenue
2017Expense mix: 25.3% mission · 74.7% management · 0.0% fundraisingTotal expenses: 99.20% of revenue

Money in and money out

Revenue$339,601
Expenses$314,074
Annual surplus $25,527 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.

Mission work (program services)$57,447 · 18.3% of expenses
Management and office costs$256,627 · 81.7% of expenses
See all reported dollar amounts
Revenue$339,601
Expenses$314,074
Assets$169,984
Income$339,601
Contributions$137,771
Mission work (program services)$57,447
Management and general$256,627
Executive compensation (total)$93,762
Accounting fees$18,276
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
LESLIE GOULDEXECUTIVE DIRECTOR · 40 hrs/week $97,205

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 (22)

LESLIE GOULDEXECUTIVE DIRECTOR

MATTHEW ERIKSENDIRECTOR

WALTER HARTFORDDIRECTOR

TOM HOLLANDDIRECTOR

TIM FLAHERTYDIRECTOR

THERESA ESPINOLADIRECTOR

ROBERT W MITCHELL JRDIRECTOR

PAUL GUANCIDIRECTOR

PAUL GENTILEDIRECTOR

NICK HARRONDIRECTOR

MELISSA MC LAUGHLINDIRECTOR

MEDLEY LONGPRESIDENT

ALICIA ZAMPITELLADIRECTOR

LINDA TURCOTTEDIRECTOR

KIMBERLY BALLARDVICE PRESIDENT

KELLY DEFELICEDIRECTOR

JOSEPH HWANGDIRECTOR

HANNAH GREENOUGH LINKE ESQTREASURER

DAYNA MORTONSECRETARY

DAVID RAYDIRECTOR

BROOK ZAGARRIDIRECTOR

BRIAN MURPHYDIRECTOR

About this charity

Recognized since
January 1987
Location
28 CABOT ST, BEVERLY, MA 01915-4836
County
Essex
In care of
% KELLY DEFELICE
Primary officer
MEDLEY LONG LONG III, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
ELM STREET TAX LLC
NTEE classification
Chambers of Commerce & Business Leagues (S41)
IRS tax category
Chambers of Commerce & Business Leagues

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

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