CAPITAL REGION CHAMBER OF COMMERCE INC Charity Report

Public IRS 990 nonprofit record

CAPITAL REGION CHAMBER OF COMMERCE INC

EIN 47-4159612 · Chambers of Commerce & Business Leagues (S41)

What they do

THE MISSION of THE CAPITAL REGION CHAMBER of COMMERCE, INC. is to BE A UNIFYING FORCE for PROGRESS, LEADING OPPORTUNITIES for BUSINESSES to SUCCEED, and for PEOPLE and OUR COMMUNITITES to PROSPER.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $39.00 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 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 leaders50 people are listed in the latest report.

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

Money made simple

33.17%of revenue went to mission work39.0% of expenses · Program services

$84.97spent for every $100 of revenueRevenue covered expenses this year.

$3.28in assets for every $1 spent this yearSome assets cannot be spent right away.

44.1%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.

Pay context: The highest compensation shown in this filing is $347,838 for MARK N EAGAN (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$6,315,932

Mission workProgram services$2,095,22133.17% of revenue39.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

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

Revenue left after expensesReported annual surplus$949,14015.03% of revenueShown in gray on the chart

Total expenses$5,366,79284.97% 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

2024CurrentExpense mix: 39.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 84.97% of revenue

2023Expense mix: 38.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 84.21% of revenue

2022Expense mix: 38.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 85.81% of revenue

2021Expense mix: 70.7% mission · 0.0% management · 0.0% fundraisingTotal expenses: 33.54% of revenue

2020Expense mix: 80.7% mission · 0.0% management · 0.0% fundraisingTotal expenses: 96.45% of revenue

2019Expense mix: 79.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 98.11% of revenue

2018Expense mix: 80.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.91% of revenue

2017Expense mix: 68.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.22% of revenue

Money in and money out

Revenue$6,315,932

Expenses$5,366,792

Annual surplus $949,140 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)$2,095,221 · 39.0% of expenses

See all reported dollar amounts

Revenue$6,315,932

Expenses$5,366,792

Assets$17,597,884

Income$6,548,570

Contributions$2,782,869

Mission work (program services)$2,095,221

Grants given$25,000

Average grant$25,000

Stocks and bonds$4,897,628

Accounting fees$53,046

Investing fees$31,496

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

MARK N EAGANPRESIDENT & CEO · 27 hrs/week $347,838Base $262,240 · Other $85,598

PETER P BARDUNIASSENIOR VP, MEMBERSHIP & CO · 39 hrs/week $129,603Base $118,878 · Other $10,725

THOMAS J OCONNORVP, GOVERNMENT AFFAIRS · 36 hrs/week $115,425Base $105,141 · Other $10,284

CHRISTINE A HOLLEVP, FINANCE & OPERATIONS · 17 hrs/week $61,795Base $49,888 · Other $11,907

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 (50)

MARK N EAGANPRESIDENT & CEO

PETER P BARDUNIASSENIOR VP, MEMBERSHIP & CO

THOMAS J OCONNORVP, GOVERNMENT AFFAIRS

CHRISTINE A HOLLEVP, FINANCE & OPERATIONS

ROGER RAMSAMMY PHDCHAIR

KAREN CARPENTERDIRECTOR

KEVIN JOHNSONDIRECTOR

KRISTA CARROLLDIRECTOR

L OLIVER ROBINSON PHDDIRECTOR

LISA AVILADIRECTOR

MARIE ZIMMERMANDIRECTOR

MEGAN QUILLINANDIRECTOR

MICHELLE WILDGRUBEDIRECTOR

PRADIP SINGHDIRECTOR

RACHEL FERLUGEDIRECTOR

JOHN D BENNETT MDDIRECTOR

SABRINA MOSSEAUDIRECTOR

SAMUEL CONZONEDIRECTOR

STEFANIE WILEYDIRECTOR

STEPHEN OBERMAYERDIRECTOR

STUART F KLEINGENERAL COUNSEL

SUJATA CHAUDHRYDIRECTOR

THOMAS HOFFMANDIRECTOR

TRENT GRIFFIN-BRAAFDIRECTOR

VIKASH AGRAWALDIRECTOR

WALTER THORNEDIRECTOR

DAVID HANNOUSHDIRECTOR

ANTHONY CARNEVALEDIRECTOR

ANTHONY HAYESDIRECTOR

ANTONIO CIVITELLADIRECTOR

BRIAN SANODIRECTOR

CARMINE DECRESCENTE IIIDIRECTOR

CHRIS SPRARAGENDIRECTOR

CHRISTOPHER CANNUCCIARITREASURER

CHRISTOPHER DOWDDIRECTOR

DARIA MALLINDIRECTOR

DARRIN JAHNELDIRECTOR

DAVID DEMARCOCHAIR-ELECT

ANDREA CRISAFULLIIMMEDIATE PAST CHAIR

DAVID R HARRISSECRETARY

DAWN ABBUHLDIRECTOR

DEAN SKARLIS PHDDIRECTOR

DENNIS MCKENNA MDDIRECTOR

ERIC LACOPPOLADIRECTOR

FRANCES OROURKEDIRECTOR

GUY MADDALONEDIRECTOR

HEATHER A PETERSONDIRECTOR

JAIME ORTIZDIRECTOR

JENNIFER LAWRENCEDIRECTOR

JOHN ROBINSONDIRECTOR

About this charity

Recognized since: January 2015
Location: 5 COMPUTER DR S, ALBANY, NY 12205-1608
County: Albany
In care of: MARK N EAGAN
Primary officer: MARK N EAGAN, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(518) 431-1416

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: UHY ADVISORS NORTHEAST INC
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues
Grant-giving organization: Yes