Schroon Lake Chamber of Commerce

Nonprofit profile at a glance

EIN
141422344
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Schroon Lake, NY, USA
Phone
5185327675
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$115,664
Expenses
$118,113
Assets
$144,099
Liabilities
$8,566

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Amanda Ragland (President)
  • Richard Francis (Vice President)
  • Susan Palisano (Executive Director)

People named in this filing

  • Amanda Ragland (President)
  • Richard Francis (Vice President)
  • Charles Donnelly (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Chamber of Commerce membership organization

What it reported doing in 2025

The Schroon Lake Chamber of Commerce engaged in year-round promotion of our 143 member businesses and organizations through marketing and advertising efforts to promote tourism and trade

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

REVIEW - The filed numbers largely add up and revenue has grown recently. 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: 0
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: -2.1%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 1.22; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 27.1%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -24.2% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: 4.1% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.