Hoboken Chamber of Commerce Inc
Nonprofit profile at a glance
- EIN
- 223338821
- IRS 990-EZ coverage
- 2016–2018
- Forms available
- Form 990-EZ 2018, Form 990-N 2009
- Location
- Hoboken, NJ, USA
- Phone
- 2012221100
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $73,648
- Expenses
- $77,014
- Assets
- $104,971
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- RICHARD MACKEWICZ (PRESIDENT)
- JOYCE FLINN (VICE PRESIDENT)
People named in this filing
- RICHARD MACKEWICZ (PRESIDENT)
- JOYCE FLINN (VICE PRESIDENT)
- NORMA DERUGGIERO (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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The hoboken chamber of commerce was established to advance a positive image of hoboken, New Jersey as a supportive, clean and safe community to conduct business, live, shop and entertain. Our emphasis is in promoting and advancing the commercial, professional, industrial and civic interests of the community. All business and entrepreneurial-minded individuals are welcomed to the chamber's events, meetings and roundtables to connect with other leaders in the hoboken, New Jersey business community and form lasting alliances with other members.
What it reported doing in 2018
Programs to promote and advance a positive image of hoboken, New Jersey as a supportive, clean and safe community to conduct business, live, shop and entertain.
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- 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: 82
- Sustainability: 49
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -4.6%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 1.36; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -11.2% per year; rating input score 0; 24th percentile among comparable filings
- Asset growth: 0.2% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2016 to 2018
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 36/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.