Greater Norwalk Chamber of Commerce Inc
Nonprofit profile at a glance
- EIN
- 060289785
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Norwalk, CT, USA
- Phone
- 2038662521
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $506,304
- Expenses
- $518,142
- Assets
- $691,394
- Liabilities
- $22,696
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- SHANNON O'TOOLE GIANDURCO (PRESIDENT)
Highest reported compensation
- SHANNON O'TOOLE GIANDURCO (PRESIDENT): $137,781 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promotion and support of commercial & civic awareness and activities in the greater norwalk area.
What it reported doing in 2025
Civic programs
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 72
- Sustainability: 33
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 96.8%; rating input score 97; 28th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -2.3%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 1.33; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 26.6%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -3% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 1.2% per year; rating input score 100; 20th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 30 of 31 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $518K in reported program spending
- Leadership: top reported pay $138K · 30 people listed
- Consistency: 10 of 10 current checks pass
- Schedules: 3 filed schedules
- Filing history: 16 filing years from 2010 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.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 24/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.