Greater Millsboro Chamber of Commerce Inc

Nonprofit profile at a glance

EIN
510270976
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025
Location
Millsboro, DE, USA
Phone
3017926512
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Business and Industry

Reported finances

Revenue
$101,496
Expenses
$93,913
Assets
$26,245
Liabilities
$600

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • KIM BENTON (PRESIDENT)
  • NADINE TIMPANARO (EXECUTIVE DIRECTOR)
  • MIKE DUNMEYER (VICE PRESIDENT)

People named in this filing

  • KIM BENTON (PRESIDENT)
  • SABINA SILKWORTH (TREASURER)
  • NANCY PINERA (SECRETARY)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the chamber shall be for the advancement of the civic, commercial, industrial, agricultural interest and the community economic well-being

What it reported doing in 2025

The chamber of commerce promotes the town of millsboro to new businesses as a place to locate their operations. This creates new jobs and improves the quality of life for the residents.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - 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: 0
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.5%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 53.2%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 35.9% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: -15.7% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.