Middlesex West Chamber of Commerce

Nonprofit profile at a glance

EIN
222587640
IRS 990-EZ coverage
2010–2023
Forms available
Form 990-EZ 2023
Location
Westford, MA, USA
Phone
9782630010
Rating
44
Verdict
MIXED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$91,607
Expenses
$103,569
Assets
$9,941

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • LUANN COLOMBO (PRESIDENT)

People named in this filing

  • LUANN COLOMBO (PRESIDENT)
  • DON LUDWIG (VICE PRESIDE)
  • ALAN BELL (TREASURER)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To advance the economic, industrial, professional, cultural and civic welfare of the mwcoc and to support those activiteis and programs believed to be beneficial to the overall community.

What it reported doing in 2023

To advance the economic, industrial, profession, cultural and civic welfare fo the middlesex west area and to support those activities and programs believed to be beneficial to the overall community.

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

MIXED - 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: 4
  • Transparency & Controls: 100
  • Sustainability: 17
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 4.3%; rating input score 4
  • Program expense ratio: 3.8%; rating input score 4

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -13.1%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 37.7%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -9.2% per year; rating input score 0; 29th percentile among comparable filings
  • Revenue growth: -4.9% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 3.4% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 4.3% of revenue deployed · 3.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2010 to 2023
  • 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 4/100.
  • High — Financial Efficiency: Program expense ratio scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.