Paramus Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 221590930
- IRS 990-EZ coverage
- 2013–2023
- Forms available
- Form 990-EZ 2023
- Location
- Paramus, NJ, USA
- Phone
- 2012613344
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $15,069
- Expenses
- $15,645
- Assets
- $19,410
- Liabilities
- $1,500
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- FREDERICK ROHDIECK (PRESIDENT)
People named in this filing
- MICHELLE MCGIVNEY-SPIRIDAKIS (CO-CHAIRPERSON)
- DONNA PERKOSKY (CO-CHAIRPERSON)
- FREDERICK ROHDIECK (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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The greater paramus chamber of commerce is organized for the purpose of advancing the commercial, professional, industrial and civic interests of the borough of paramus and surrounding communities. The chamber shall be non-partisan and non-sectarian and shall take no part in, nor lend its support to, the election or appointment of any candidate for public office. Any reputable person, association, corporation, or partnership interested in the welfare of the borough of paramus and the greater paramus area shall be eligible for membership in the greater paramus chamber of commerce.
What it reported doing in 2023
Inter chamber consortium networking and business card exhange events with 18 other local chambers to promote member businesses and meetings to update members and discuss local business issues
Operating model
- Revenue model
- Membership-supported. 96% 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: 43
- Growth: 40
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: -3.8%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 1.24; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 6.2% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: -11.5% per year; rating input score 0; 23rd percentile among comparable filings
- Asset growth: -2.1% per year; rating input score 0; 31st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2013 to 2023
- 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.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.