Civic Intelligence

Franklin County Chamber of Commerce

EIN 01-0451396 • 501(c)6 • Farmington, ME

Profile

Promote members' local economic growth and tourism.

PO Box 123Farmington, ME 04938

www.franklincountymaine.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.01x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

41st percentile

-3.4%

Higher net margin than 41% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

41st percentile

-5.9%

Faster asset growth than 41% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-12%

Faster revenue growth than 30% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$51,726

Down $3,221 (-5.9%) from 2019

Liabilities

Down

$644

Down $351 (-35%) from 2019

Net Assets

Down

$51,082

Down $2,870 (-5.3%) from 2019

Revenue

Down

$83,422

Down $11,435 (-12%) from 2019

Expenses

Down

$86,292

Down $31,723 (-27%) from 2019

Net Income

Up

-$2,870

Up $20,288 (+88%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2011: $69,760Liabilities 2011: $5,229Net Assets 2011: $64,5312011Assets 2012: $47,434Liabilities 2012: $2,981Net Assets 2012: $44,4532012Assets 2013: $55,936Liabilities 2013: $2,344Net Assets 2013: $53,5922013Assets 2014: $59,859Liabilities 2014: $272Net Assets 2014: $59,5872014Assets 2015: $61,626Liabilities 2015: $0Net Assets 2015: $61,6262015Assets 2017: $19,036Liabilities 2017: $0Net Assets 2017: $19,0362017Assets 2018: $77,140Liabilities 2018: $30Net Assets 2018: $77,1102018Assets 2019: $54,947Liabilities 2019: $995Net Assets 2019: $53,9522019Assets 2020: $51,726Liabilities 2020: $644Net Assets 2020: $51,0822020

Highlighted filing

2020

Assets$51,726
Liabilities$644
Net Assets$51,082

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50K-$100KRevenue 2011: $73,466Expenses 2011: $115,729Net Income 2011: -$42,2632011Revenue 2012: $92,146Expenses 2012: $112,224Net Income 2012: -$20,0782012Revenue 2013: $90,064Expenses 2013: $81,640Net Income 2013: $8,4242013Revenue 2014: $108,240Expenses 2014: $102,245Net Income 2014: $5,9952014Revenue 2015: $103,290Expenses 2015: $101,251Net Income 2015: $2,0392015Revenue 2017: $73,561Expenses 2017: $129,233Net Income 2017: -$55,6722017Revenue 2018: $135,804Expenses 2018: $133,402Net Income 2018: $2,4022018Revenue 2019: $94,857Expenses 2019: $118,015Net Income 2019: -$23,1582019Revenue 2020: $83,422Expenses 2020: $86,292Net Income 2020: -$2,8702020

Highlighted filing

2020

Revenue$83,422
Expenses$86,292
Net Income-$2,870

Filings

Latest Detailed Filing

The latest 2020 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Mar 11, 2016
Return Version
2014v6.0
Gross Receipts
$103,290
Mission and Program Overview

Mission

The franklin county chamber of commerce is an organization that promotes and supports its members

Promot memebers local economic growth and tourism

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$40,703$42,717▲ $2,014
Savings and Temporary Cash Investments$15,156$14,526▼ $630
Accounts Receivable$3,837$4,220▲ $383
Land, Buildings, and Equipment, Net$163$163→ $0
Total Assets$59,859$61,626▲ $1,767
Liabilities
Accounts Payable and Accrued Expenses$272--
Total Liabilities$272$0▼ $272
Net Assets / Fund Balance
Unrestricted Net Assets$59,587$61,626▲ $2,039
Total Net Assets Fund Balance$59,587$61,626▲ $2,039
Total Liabilities and Net Assets / Fund Balance$59,859$61,626▲ $1,767

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$163$1,677-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Shannon SmithMembership Chairman
Glenn KaplioffPresident
Greg PattersonVice President
Chrissy St LaurentDirector
Chuck EllisDirector
Heidi ElliottDirector
Jodi CordesDirector
Patty LaddDirector
Peter OsborneDirector
Tammy HutchinsonDirector
Penny MeservierExecutive Director
Kaitlin FrostExecutive Assistant
Ken TrueMember at Large
Susan AtwoodSecretary
Pam DixonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$43,525
Program Service Revenue
$59,736
Investment Income
$0
Other Revenue
$29
Change in Net Assets
$2,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$67,687
Salaries, Compensation, and Employee Benefits$33,564
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$30,695
Other Salaries and Wages---$30,120
Occupancy---$10,930
Other Expenses---$7,595
Office Expenses---$6,957
Payroll Taxes---$3,444
Advertising---$2,001
Information Technology---$1,056
Fees for Services Accounting---$583
Fees for Services Other---$544
Travel---$492
Total Functional Expenses$0$0$0$101,251
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI Line 6

Over 300 clients served, existing to promote the members and their services and to provide a voice for the interests of area businesses. Through partnerships with other groups and individuals. The organization seeks to promote economic growth, tourism, civic pride and cultural awareness. The organization has members

Part VI Line 7A

Over 300 clients served, existing to promote the members and their services and to provide a voice for the interests of area businesses. Through partnerships with other groups and individuals. The organization seeks to promote economic growth, tourism, civic pride and cultural awareness. The organization has members the organization has members who may elect members of the governing body

Part VI Line 7B

Over 300 clients served, existing to promote the members and their services and to provide a voice for the interests of area businesses. Through partnerships with other groups and individuals. The organization seeks to promote economic growth, tourism, civic pride and cultural awareness. The organization has members the organization has members who may elect members of the governing body decisions of the governing body are subject to approval by members

Part VI Line 11B

Over 300 clients served, existing to promote the members and their services and to provide a voice for the interests of area businesses. Through partnerships with other groups and individuals. The organization seeks to promote economic growth, tourism, civic pride and cultural awareness. The organization has members the organization has members who may elect members of the governing body decisions of the governing body are subject to approval by members board reviews 990 ath their discretion

Part VI Line 15A

Over 300 clients served, existing to promote the members and their services and to provide a voice for the interests of area businesses. Through partnerships with other groups and individuals. The organization seeks to promote economic growth, tourism, civic pride and cultural awareness. The organization has members the organization has members who may elect members of the governing body decisions of the governing body are subject to approval by members board reviews 990 ath their discretion the process of determining compensation of officers and key employees of the organization includes a review of comparability data, demographics, market research and unanimous approval of the board

Part VI Line 15B

Over 300 clients served, existing to promote the members and their services and to provide a voice for the interests of area businesses. Through partnerships with other groups and individuals. The organization seeks to promote economic growth, tourism, civic pride and cultural awareness. The organization has members the organization has members who may elect members of the governing body decisions of the governing body are subject to approval by members board reviews 990 ath their discretion the process of determining compensation of officers and key employees of the organization includes a review of comparability data, demographics, market research and unanimous approval of the board the process of determining compensation of officers and key employees of the organization includes a review of comparability data, demographics, market research and unanimous approval of the board

Part VI Line 19

Over 300 clients served, existing to promote the members and their services and to provide a voice for the interests of area businesses. Through partnerships with other groups and individuals. The organization seeks to promote economic growth, tourism, civic pride and cultural awareness. The organization has members the organization has members who may elect members of the governing body decisions of the governing body are subject to approval by members board reviews 990 ath their discretion the process of determining compensation of officers and key employees of the organization includes a review of comparability data, demographics, market research and unanimous approval of the board the process of determining compensation of officers and key employees of the organization includes a review of comparability data, demographics, market research and unanimous approval of the board available to members upon request

Filing and Contact Details

Filer

Filer Name
Franklin County Chamber of Commerce
EIN
01-0451396
In Care Of
% FRANKLIN COUNTY CHAMBER OF COMMER
Phone
2077784215
Address
PO BOX 123, FARMINGTON, ME 04938

Signing Officer

Name
Pamala Dixon
Title
Treasurer
Phone
2077784215
Signed
2016-03-11

Organization Details

Legal Domicile
Me
Voting Board Members
18
Independent Board Members
0
Employees
3

Preparer

Firm
H and R Block
Address
10 DEPOT ST, LIVERMORE FALLS, ME 04254
Preparer
Dolores Cote
Phone
2078608390
Supplemental Narrative

Additional Explanations

Part III Line 4A

Over 300 clients served, existing to promote the members and their services and to provide a voice for the interests of area businesses. Through partnerships with other groups and individuals.

Part III Line 1

Over 300 clients served, existing to promote the members and their services and to provide a voice for the interests of area businesses. Through partnerships with other groups and individuals. The organization seeks to promote economic growth, tourism, civic pride and cultural awareness.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OVER 300 CLIENTS SERVED, EXISTING TO PROMOTE THE MEMBERS AND THEIR SERVICES AND TO PROVIDE A VOICE FOR THE INTERESTS OF AREA BUSINESSES. THROUGH PARTNERSHIPS WITH OTHER GROUPS AND INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OVER 300 CLIENTS SERVED, EXISTING TO PROMOTE THE MEMBERS AND THEIR SERVICES AND TO PROVIDE A VOICE FOR THE INTERESTS OF AREA BUSINESSES. THROUGH PARTNERSHIPS WITH OTHER GROUPS AND INDIVIDUALS. THE ORGANIZATION SEEKS TO PROMOTE ECONOMIC GROWTH, TOURISM, CIVIC PRIDE AND CULTURAL AWARENESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OVER 300 CLIENTS SERVED, EXISTING TO PROMOTE THE MEMBERS AND THEIR SERVICES AND TO PROVIDE A VOICE FOR THE INTERESTS OF AREA BUSINESSES. THROUGH PARTNERSHIPS WITH OTHER GROUPS AND INDIVIDUALS. THE ORGANIZATION SEEKS TO PROMOTE ECONOMIC GROWTH, TOURISM, CIVIC PRIDE AND CULTURAL AWARENESS. THE ORGANIZATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OVER 300 CLIENTS SERVED, EXISTING TO PROMOTE THE MEMBERS AND THEIR SERVICES AND TO PROVIDE A VOICE FOR THE INTERESTS OF AREA BUSINESSES. THROUGH PARTNERSHIPS WITH OTHER GROUPS AND INDIVIDUALS. THE ORGANIZATION SEEKS TO PROMOTE ECONOMIC GROWTH, TOURISM, CIVIC PRIDE AND CULTURAL AWARENESS. THE ORGANIZATION HAS MEMBERS THE ORGANIZATION HAS MEMBERS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OVER 300 CLIENTS SERVED, EXISTING TO PROMOTE THE MEMBERS AND THEIR SERVICES AND TO PROVIDE A VOICE FOR THE INTERESTS OF AREA BUSINESSES. THROUGH PARTNERSHIPS WITH OTHER GROUPS AND INDIVIDUALS. THE ORGANIZATION SEEKS TO PROMOTE ECONOMIC GROWTH, TOURISM, CIVIC PRIDE AND CULTURAL AWARENESS. THE ORGANIZATION HAS MEMBERS THE ORGANIZATION HAS MEMBERS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OVER 300 CLIENTS SERVED, EXISTING TO PROMOTE THE MEMBERS AND THEIR SERVICES AND TO PROVIDE A VOICE FOR THE INTERESTS OF AREA BUSINESSES. THROUGH PARTNERSHIPS WITH OTHER GROUPS AND INDIVIDUALS. THE ORGANIZATION SEEKS TO PROMOTE ECONOMIC GROWTH, TOURISM, CIVIC PRIDE AND CULTURAL AWARENESS. THE ORGANIZATION HAS MEMBERS THE ORGANIZATION HAS MEMBERS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS BOARD REVIEWS 990 ATH THEIR DISCRETION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OVER 300 CLIENTS SERVED, EXISTING TO PROMOTE THE MEMBERS AND THEIR SERVICES AND TO PROVIDE A VOICE FOR THE INTERESTS OF AREA BUSINESSES. THROUGH PARTNERSHIPS WITH OTHER GROUPS AND INDIVIDUALS. THE ORGANIZATION SEEKS TO PROMOTE ECONOMIC GROWTH, TOURISM, CIVIC PRIDE AND CULTURAL AWARENESS. THE ORGANIZATION HAS MEMBERS THE ORGANIZATION HAS MEMBERS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS BOARD REVIEWS 990 ATH THEIR DISCRETION THE PROCESS OF DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION INCLUDES A REVIEW OF COMPARABILITY DATA, DEMOGRAPHICS, MARKET RESEARCH AND UNANIMOUS APPROVAL OF THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OVER 300 CLIENTS SERVED, EXISTING TO PROMOTE THE MEMBERS AND THEIR SERVICES AND TO PROVIDE A VOICE FOR THE INTERESTS OF AREA BUSINESSES. THROUGH PARTNERSHIPS WITH OTHER GROUPS AND INDIVIDUALS. THE ORGANIZATION SEEKS TO PROMOTE ECONOMIC GROWTH, TOURISM, CIVIC PRIDE AND CULTURAL AWARENESS. THE ORGANIZATION HAS MEMBERS THE ORGANIZATION HAS MEMBERS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS BOARD REVIEWS 990 ATH THEIR DISCRETION THE PROCESS OF DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION INCLUDES A REVIEW OF COMPARABILITY DATA, DEMOGRAPHICS, MARKET RESEARCH AND UNANIMOUS APPROVAL OF THE BOARD THE PROCESS OF DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION INCLUDES A REVIEW OF COMPARABILITY DATA, DEMOGRAPHICS, MARKET RESEARCH AND UNANIMOUS APPROVAL OF THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OVER 300 CLIENTS SERVED, EXISTING TO PROMOTE THE MEMBERS AND THEIR SERVICES AND TO PROVIDE A VOICE FOR THE INTERESTS OF AREA BUSINESSES. THROUGH PARTNERSHIPS WITH OTHER GROUPS AND INDIVIDUALS. THE ORGANIZATION SEEKS TO PROMOTE ECONOMIC GROWTH, TOURISM, CIVIC PRIDE AND CULTURAL AWARENESS. THE ORGANIZATION HAS MEMBERS THE ORGANIZATION HAS MEMBERS WHO MAY ELECT MEMBERS OF THE GOVERNING BODY DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS BOARD REVIEWS 990 ATH THEIR DISCRETION THE PROCESS OF DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION INCLUDES A REVIEW OF COMPARABILITY DATA, DEMOGRAPHICS, MARKET RESEARCH AND UNANIMOUS APPROVAL OF THE BOARD THE PROCESS OF DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION INCLUDES A REVIEW OF COMPARABILITY DATA, DEMOGRAPHICS, MARKET RESEARCH AND UNANIMOUS APPROVAL OF THE BOARD AVAILABLE TO MEMBERS UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VI LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART VI LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART VI LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART VI LINE 19
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ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-11
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ReturnHeader/Filer/InCareOfNm0% FRANKLIN COUNTY CHAMBER OF COMMER
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LIVERMORE FALLS
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ReturnHeader/PreparerPersonGrp/PhoneNum02078608390
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOLORES COTE
ReturnHeader/ReturnTs02016-08-01T14:37:39Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

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