Mt Kisco Chamber of Commerce INC

Nonprofit profile at a glance

EIN
132515702
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2021, Form 990-EZ 2024
Location
Mount Kisco, NY, USA
Phone
9146667525
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$127,281
Expenses
$131,454
Assets
$254,510
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • MATTHEW GRASSO (President)
  • DIANNA CARDILLO (CoVice President)
  • EDWARD REILLY (CoVice President)

People named in this filing

  • LORETTA BROOKS (CoExec DirTreasurer)
  • ELIZABETH L VATARE-CIVITELLO (CoExecutive Director)
  • MATTHEW GRASSO (President)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Professional Membership Organization

What it reported doing in 2024

Meetings, Networking and General Functions & Events

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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filed totals do not add up and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.9%; rating input score 63
  • Program expense ratio: 60.9%; rating input score 61

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.3%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 1.94; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 53.5%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 0.5% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 16.4% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 62.9% of revenue deployed · 60.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $80K in reported program spending
  • Leadership: top reported pay $0 · 19 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 1 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.