Civic Intelligence

Cambridge Chamber of Commerce

EIN 04-1144780 • 501(c)6 • Cambridge, MA

Profile

The mission of the cambridge chamber of commerce is to make cambridge a better place in which to live, to work, to do business, to visit and to study.

600 One Kendall Square 6-105Cambridge, MA 02139

www.cambridgechamber.org

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

12th percentile

-11%

Higher net margin than 12% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

77th percentile

$230,625

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 27.3% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

19th percentile

-6.4%

Faster asset growth than 19% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

79th percentile

21%

Faster revenue growth than 79% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,015,341

Down $69,015 (-6.4%) from 2023

Liabilities

Down

$4,000

Down $25,852 (-87%) from 2023

Net Assets

Down

$1,011,341

Down $43,163 (-4.1%) from 2023

Revenue

Up

$843,399

Up $144,045 (+21%) from 2023

Expenses

Up

$936,175

Up $124,288 (+15%) from 2023

Net Income

Up

-$92,776

Up $19,757 (+18%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2010: $239,935Liabilities 2010: $496,654Net Assets 2010: -$256,7192010Assets 2011: $236,391Liabilities 2011: $474,999Net Assets 2011: -$238,6082011Assets 2012: $210,737Liabilities 2012: $477,881Net Assets 2012: -$267,1442012Assets 2013: $261,190Liabilities 2013: $534,613Net Assets 2013: -$273,4232013Assets 2014: $308,161Liabilities 2014: $559,813Net Assets 2014: -$251,6522014Assets 2015: $245,575Liabilities 2015: $410,440Net Assets 2015: -$164,8652015Assets 2016: $1,950,440Liabilities 2016: $434,853Net Assets 2016: $1,515,5872016Assets 2017: $1,261,642Liabilities 2017: $24,188Net Assets 2017: $1,237,4542017Assets 2018: $1,182,948Liabilities 2018: $97,183Net Assets 2018: $1,085,7652018Assets 2019: $1,202,866Liabilities 2019: $2,700Net Assets 2019: $1,200,1662019Assets 2020: $1,332,927Liabilities 2020: $169,708Net Assets 2020: $1,163,2192020Assets 2021: $1,439,769Liabilities 2021: $77,926Net Assets 2021: $1,361,8432021Assets 2022: $1,246,781Liabilities 2022: $163,226Net Assets 2022: $1,083,5552022Assets 2023: $1,084,356Liabilities 2023: $29,852Net Assets 2023: $1,054,5042023Assets 2024: $1,015,341Liabilities 2024: $4,000Net Assets 2024: $1,011,3412024

Highlighted filing

2024

Assets$1,015,341
Liabilities$4,000
Net Assets$1,011,341

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $431,4122010Revenue 2011: $447,231Expenses 2011: $429,120Net Income 2011: $18,1112011Expenses 2012: $441,6242012Revenue 2013: $469,677Expenses 2013: $475,956Net Income 2013: -$6,2792013Revenue 2014: $457,813Expenses 2014: $436,042Net Income 2014: $21,7712014Revenue 2015: $639,246Expenses 2015: $552,459Net Income 2015: $86,7872015Revenue 2016: $2,282,878Expenses 2016: $602,426Net Income 2016: $1,680,4522016Revenue 2017: $488,295Expenses 2017: $775,221Net Income 2017: -$286,9262017Revenue 2018: $609,963Expenses 2018: $735,749Net Income 2018: -$125,7862018Revenue 2019: $804,336Expenses 2019: $855,408Net Income 2019: -$51,0722019Revenue 2020: $499,808Expenses 2020: $616,785Net Income 2020: -$116,9772020Revenue 2021: $825,721Expenses 2021: $640,194Net Income 2021: $185,5272021Revenue 2022: $661,978Expenses 2022: $758,683Net Income 2022: -$96,7052022Revenue 2023: $699,354Expenses 2023: $811,887Net Income 2023: -$112,5332023Revenue 2024: $843,399Expenses 2024: $936,175Net Income 2024: -$92,7762024

Highlighted filing

2024

Revenue$843,399
Expenses$936,175
Net Income-$92,776

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.01$0.84$0.94$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.08$0.03$1.05$0.70$0.81$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.16$1.08$0.66$0.76$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.44$0.08$1.36$0.83$0.64$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.17$1.16$0.50$0.62$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.00$1.20$0.80$0.86$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.10$1.09$0.61$0.74$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.02$1.24$0.49$0.78$0.29
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.43$1.52$2.28$0.60$1.68
2015Detailed filing. Detailed filing data is available for this year.$0.25$0.41$0.16$0.64$0.55$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.56$0.25$0.46$0.44$0.02
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.26$0.53$0.27$0.47$0.48$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.48$0.27$0.44
2011Summary only. Only limited summary data is available for this year.$0.24$0.47$0.24$0.45$0.43$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.50$0.26$0.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 30, 2025
Return Version
2024v5.1
Gross Receipts
$1,180,935
Mission and Program Overview

Mission

The mission of the cambridge chamber of commerce is to make cambridge a better place in which to live, to work, to do business, to visit and to study.

Engaging local business leaders in governmental and philanthropic activities, connecting and educating its members, and providing a forum for addressing the needs of the cambridge, massachusetts business community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,054,504$1,011,341▼ $43,163
Investments in Publicly Traded Securities$924,884$861,789▼ $63,095
Cash and Non-Interest-Bearing Accounts$39,200$65,281▲ $26,081
Accounts Receivable$45,247$55,482▲ $10,235
Savings and Temporary Cash Investments$39,678$25,685▼ $13,993
Prepaid Expenses and Deferred Charges$25,081$0▼ $25,081
Land, Buildings, and Equipment, Net$3,754$80▼ $3,674
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,084,356$1,015,341▼ $69,015
Other Assets Total$6,512$7,024▲ $512
Liabilities
Accounts Payable and Accrued Expenses$29,852$4,000▼ $25,852
Total Liabilities$29,852$4,000▼ $25,852
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,054,504$1,011,341▼ $43,163
Total Liabilities and Net Assets / Fund Balance$1,084,356$1,015,341▼ $69,015

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$80$52,709$52,789
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David MaherPresident/CEOFT$222,592$8,033$230,625

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$346,450
Program Service Revenue
$428,442
Investment Income
$68,507
Other Revenue
$0
Change in Net Assets
$-92,776
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$660,449
Other Expenses$275,726
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$351,463
Current Officers, Directors, Trustees, and Key Employees---$222,592
Occupancy---$73,210
Other Employee Benefits---$43,633
Payroll Taxes---$42,761
All Other Expenses---$17,544
Fees for Services Other---$15,622
Fees for Service Investment Mgmnt Fees---$9,318
Interest---$7,911
Other Expenses---$7,820
Insurance---$5,936
Fees for Services Accounting---$5,000
Advertising---$4,092
Depreciation Depletion---$3,674
Travel---$3,202
Total Functional Expenses$0$0$0$936,175
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 was provided to the board of governance in draft form prior to filing. The board chair, board treasurer, and president and ceo reviewed the form in detail. A final version of the form, incorporating the board's comments, is signed by the president and ceo.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is included in the organization's by-laws and is circulated annually to board members and president and ceo. Conflicts are reported to the board chairperson and reviewed by the chairperson.

Form 990, Part VI, Section B, Line 15A

The president and ceo is the top management official whose compensation is reviewed and approved by the compensation committee of the board of directors. The president/ceo's compensation is compared to appropriate ranges of compensation for the position in organizations of similar size and with similar responsibilities.

Form 990, Part VI, Section C, Line 18

The form 990 is available for public inspection upon request.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and conflict of interest policy are available for inspection at the organization's office at 600 one kendall square, suite 6-105, cambridge, ma 02139.

Filing and Contact Details

Filer

Filer Name
Cambridge Chamber of Commerce
EIN
04-1144780
Phone
6178764100
Address
600 ONE KENDALL SQUARE 6-105, CAMBRIDGE, MA 02139

Signing Officer

Name
David Maher
Title
President/CEO
Phone
6178764100
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Maher
Formed
1928
Legal Domicile
Ma
Voting Board Members
28
Independent Board Members
27
Employees
7
Volunteers
35

Preparer

Firm
Barrett & Scibelli LLC
Address
8 WINCHESTER PLACE 301, WINCHESTER, MA 01890
Preparer
Filomena Scibelli CPA
Phone
7815702273
Raw XML AppendixShowing 400 of 550 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
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