Martinsburg-Berkeley County Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 550140178
- IRS 990 coverage
- 2020–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Martinsburg, WV, US
- Phone
- 304.267.4841
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $470,810
- Expenses
- $344,546
- Assets
- $267,381
- Liabilities
- $4,108
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- Kristie Hadley (CEO)
Highest reported compensation
- Kristie Hadley (CEO): $80,268 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promoting Members is Our Mission
What it reported doing in 2025
Our Chamber of Commerce has approximately 550 members with more than 1300 representatives. We held over 50 informational meetings, statewide legislative issues meetings, and 12 business networking mixers. We also held other events which included providing welcome bags to teachers, an auction event, annual business recognition event, and a corporate golf tournament. Our committees address many issues including workforce needs, transportation, and other community issues and worked with other organizations and companies to attract new businesses, professionals, and industries that would complement existing businesses and industries. We also increased our efforts in sharing information about our businesses and the importance of supporting the local business community. Programs and events were held either in person or via Zoom, which enabled us to continue to provide support and information sharing to our members and participants regardless of their location.
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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 90
- Accountability: 74
- Sustainability: 53
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.4%; rating input score 73
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 26.8%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 23.3%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 67.6% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 8% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: -1% per year; rating input score 0; 19th percentile among comparable filings
Details
- What they do: 15 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 73.4% of revenue deployed · 100% of spending went to programs
- Governance: 23 of 23 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $345K in reported program spending
- Leadership: top reported pay $80K · 23 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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: 4 of 7 not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Officer compensation ratio scored 16/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.