Hopkinton Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 043098576
- IRS 990-EZ coverage
- 2015–2020
- Forms available
- Form 990-EZ 2020, Form 990-N 2019
- Location
- Hopkinton, MA, USA
- Phone
- 5084350949
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $61,460
- Expenses
- $30,995
- Assets
- $82,399
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- CRISTINA MORRISSIEY (PRESIDENT)
People named in this filing
- CRISTINA MORRISSIEY (PRESIDENT)
- MARION INTINARELLI (TREASURER)
- RONALD FOISY (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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The hopkinton chamber of commerce is a business organization committed to serving its member by supporting and advocating for an environment where members and their communities prosper. Its focus is on the commercial well-being of hopkinton whose role is to: 1. Represent and promote the economote interests of local businesses. 2. Actively participate in civic affairs. 3. Operate as a facilitator, convener and partner to promote business well-buing and economic growth. 4. Collaborate with the town to develope revenue enhancement solutions.
What it reported doing in 2020
To promote programs of a civic nature, along with the income potential and business growth of the community.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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: 66
- Growth: 60
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: 49.6%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 2.66; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 46.5% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: -1.5% per year; rating input score 0; 60th percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 54th 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 · 15 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2015 to 2020
- 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.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.