Winthrop Chamber of Commerce Inc
Nonprofit profile at a glance
- EIN
- 042807677
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990 2020, Form 990-EZ 2023
- Location
- Winthrop, MA, USA
- Phone
- 6178469898
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $102,739
- Expenses
- $170,831
- Assets
- $126,428
- Liabilities
- $28,616
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- ERNIE HARDY (Vice President)
- MARC CHAPDELAINE (President)
- BETSY SHANE (EXECUTIVE DIRECTOR)
People named in this filing
- CHRIS CROCKER (Director)
- SHERYL QUEEN (Treasurer)
- ERNIE HARDY (Vice 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
Enhance business and community relationships
What it reported doing in 2023
The organization printed a monthly newsletter. It also sponsored business and community events for the purpose of enhancing business and community relationships.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 27
- Transparency & Controls: 82
- Sustainability: 18
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43%; rating input score 43
- 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: -66.3%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.74; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 36.8%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -5.2% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -20.4% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 43% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Financial Efficiency: Mission deployment rate scored 43/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Officer compensation ratio scored 9/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.