Caribou Area Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 451579272
- IRS 990-EZ coverage
- 2014–2015
- Forms available
- Form 990-EZ 2015
- Location
- Caribou, ME, USA
- Phone
- 2074986156
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $44,258
- Expenses
- $81,577
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- KAREN OUELLETTE (President)
- JESSICA PLOURDE (Vice President)
- WILLIAM TASKER (Executive Director)
People named in this filing
- BENJAMIN WILLEY (Secretary)
- BENJAMIN WILLEY (Treasurer)
- KAREN OUELLETTE (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the CACC is to develop, encourage, promote, and protect the commercial, professional, agricultural, recreational, industrial, financial, general business and residential interests of the greater Caribou area and to promote
What it reported doing in 2015
"Thusdays on Sweden" - Summer long events to engage the community - celebrating local families and businesses - several events and a parade - purchase of table to sell items
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 23
- Transparency & Controls: 100
- Sustainability: 5
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.5%; rating input score 28
- Program expense ratio: 14.9%; rating input score 15
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -84.3%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 43.6%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 10% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: -40.8% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 28.5% of revenue deployed · 14.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $12K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2014 to 2015
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 28/100.
- High — Financial Efficiency: Program expense ratio scored 15/100.
- High — Sustainability: Operating margin scored 8/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 4/100.