Civic Intelligence

Greater Lynn Chamber of Commerce Inc

EIN 04-1563520 • 501(c)6 • Lynn, MA

Profile

To provide interaction between local business and to keep members current on local issues

614 Washington Street 2nd FloorLynn, MA 01901

greaterlynnchamber.com

Siviq Scores

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

Liabilities / Assets

78th percentile

0.14x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.15x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

63rd percentile

7.3%

Higher net margin than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

88th percentile

$43,120

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

66th percentile

7.0%

Faster asset growth than 66% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-26%

Faster revenue growth than 21% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$279,456

Up $18,360 (+7.0%) from 2023

Liabilities

Down

$39,474

Down $526 (-1.3%) from 2023

Net Assets

Up

$239,982

Up $18,886 (+8.5%) from 2023

Operations
Liabilities / Revenue82nd percentileNet Margin63rd percentile

Revenue

Down

$260,355

Down $91,431 (-26%) from 2023

Expenses

Down

$241,469

Down $89,301 (-27%) from 2023

Net Income

Down

$18,886

Down $2,130 (-10%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth66th percentile

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

$300K$200K$100K$0-$100KAssets 2010: $15,272Liabilities 2010: $31,443Net Assets 2010: -$16,1712010Assets 2011: $21,665Liabilities 2011: $33,024Net Assets 2011: -$11,3592011Assets 2012: $41,077Liabilities 2012: $34,394Net Assets 2012: $6,6832012Assets 2013: $25,854Liabilities 2013: $26,082Net Assets 2013: -$2282013Assets 2014: $32,261Liabilities 2014: $0Net Assets 2014: $32,2612014Assets 2015: $50,413Liabilities 2015: $0Net Assets 2015: $50,4132015Assets 2016: $96,222Liabilities 2016: $0Net Assets 2016: $96,2222016Assets 2017: $141,276Liabilities 2017: $0Net Assets 2017: $141,2762017Assets 2018: $184,367Liabilities 2018: $0Net Assets 2018: $184,3672018Assets 2019: $161,655Liabilities 2019: $0Net Assets 2019: $161,6552019Assets 2020: $174,999Liabilities 2020: $40,000Net Assets 2020: $134,9992020Assets 2021: $205,847Liabilities 2021: $40,000Net Assets 2021: $165,8472021Assets 2022: $240,080Liabilities 2022: $40,000Net Assets 2022: $200,0802022Assets 2023: $261,096Liabilities 2023: $40,000Net Assets 2023: $221,0962023Assets 2024: $279,456Liabilities 2024: $39,474Net Assets 2024: $239,9822024

Highlighted filing

2024

Assets$279,456
Liabilities$39,474
Net Assets$239,982
Open 2024 Filing

Operations Trend

Revenue Growth21st percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $250,4692010Expenses 2011: $266,9682011Expenses 2012: $233,9182012Revenue 2013: $253,222Expenses 2013: $260,133Net Income 2013: -$6,9112013Revenue 2014: $255,441Expenses 2014: $222,952Net Income 2014: $32,4892014Revenue 2015: $256,824Expenses 2015: $238,672Net Income 2015: $18,1522015Revenue 2016: $289,296Expenses 2016: $243,487Net Income 2016: $45,8092016Revenue 2017: $290,710Expenses 2017: $245,656Net Income 2017: $45,0542017Revenue 2018: $292,599Expenses 2018: $249,508Net Income 2018: $43,0912018Revenue 2019: $300,155Expenses 2019: $322,867Net Income 2019: -$22,7122019Revenue 2020: $293,608Expenses 2020: $320,264Net Income 2020: -$26,6562020Revenue 2021: $377,507Expenses 2021: $346,659Net Income 2021: $30,8482021Revenue 2022: $553,155Expenses 2022: $518,922Net Income 2022: $34,2332022Revenue 2023: $351,786Expenses 2023: $330,770Net Income 2023: $21,0162023Revenue 2024: $260,355Expenses 2024: $241,469Net Income 2024: $18,8862024

Highlighted filing

2024

Revenue$260,355
Expenses$241,469
Net Income$18,886
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$279,456
Liabilities
$39,474
Net assets
$239,982
Revenue
$260,355
Expenses
$241,469
Net income
$18,886
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.39$2.40$2.60$2.41$0.19
2023Detailed filing. Detailed filing data is available for this year.$2.61$0.40$2.21$3.52$3.31$0.21
2022Detailed filing. Detailed filing data is available for this year.$2.40$0.40$2.00$5.53$5.19$0.34
2021Detailed filing. Detailed filing data is available for this year.$2.06$0.40$1.66$3.78$3.47$0.31
2020Detailed filing. Detailed filing data is available for this year.$1.75$0.40$1.35$2.94$3.20$0.27
2019Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$3.00$3.23$0.23
2018Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$2.93$2.50$0.43
2017Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$2.91$2.46$0.45
2016Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$2.89$2.43$0.46
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$2.57$2.39$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$2.55$2.23$0.32
2013Detailed filing. Detailed filing data is available for this year.$0.26$0.26$0.00$2.53$2.60$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.34$0.07$2.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.33$0.11$2.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.31$0.16$2.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 8, 2025
Return Version
2024v5.0
Gross Receipts
$260,355
Mission and Program Overview

Mission

To provide interaction between local business and to keep members current on local issues

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$259,671$277,272▲ $17,601
Land, Buildings, and Equipment, Net$1,425$2,184▲ $759
Total Assets$261,096$279,456▲ $18,360
Liabilities
Other Liabilities$40,000$39,474▼ $526
Total Liabilities$40,000$39,474▼ $526
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$221,096$239,982▲ $18,886
Total Net Assets Fund Balance$221,096$239,982▲ $18,886
Total Liabilities and Net Assets / Fund Balance$261,096$279,456▲ $18,360

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,922$6,140$8,062
Other Land Buildings$262$3,400$3,662
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ryan NewhallCEOFT$43,120$43,120

Board Members and Trustees

NameTitle
Eileen JonahPresident /
Bob WongDirector
Bonnie GalinskiDirector
Drew YeagerDirector
Gina GonzalesDirector
Harry MccabeDirector
James KeighleyDirector
Jimmy ConnorsDirector
John BarryDirector
Jose GonzalesDirector
Kerry RanieriDirector
Meaghen HamillDirector
Rick StarbardDirector
Sean MccarthyDirector
Alexis KievningClerk
Giuseppe ScianaticoOfficer at L
Suzanne IovannaTreasurer
Brendan WardVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$142,565
Program Service Revenue
$112,242
Investment Income
$5,548
Other Revenue
$0
All Other Contributions
$37,500
Change in Net Assets
$18,886
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,796
Salaries, Compensation, and Employee Benefits$104,673
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$53,654-$53,654
Current Officers, Directors, Trustees, and Key Employees-$43,120-$43,120
Fees for Services Accounting-$19,330-$19,330
All Other Expenses$6,626$11,208-$17,834
Occupancy-$16,900-$16,900
Information Technology-$14,012-$14,012
Other Expenses$8,393--$8,393
Payroll Taxes-$7,899-$7,899
Office Expenses-$3,225-$3,225
Insurance-$2,652-$2,652
Interest-$1,525-$1,525
Depreciation Depletion-$1,271-$1,271
Fees for Services Legal-$52-$52
Total Functional Expenses$66,621$174,848$0$241,469
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
L/p - Sba - Eidl$39,474
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 15A

“Board reviews all compensation.”

Form 990, Page 6, Part VI, Line 15B

“Board reviews all compensation.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Greater Lynn Chamber of Commerce
EIN
04-1563520
Phone
7815922900
Address
614 WASHINGTON STREET 2ND FLOOR, LYNN, MA 01901

Signing Officer

Name
Eileen Jonah
Title
President / Chair
Phone
7815922900
Signed
2025-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eileen Jonah
Legal Domicile
Ma
Voting Board Members
19
Independent Board Members
19
Employees
2

Preparer

Firm
Demakis Inc CPA
Address
56 CENTRAL AVENUE SUITE 301, LYNN, MA 01901-1190
Preparer
J Demakis
Phone
7815926120
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“To promote entrepreneurship”

Raw XML Appendix383 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD REVIEWS ALL COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD REVIEWS ALL COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EILEEN JONAH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT / CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07815922900
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER LYNN CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0GREA
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ReturnHeader/Filer/PhoneNum07815922900
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823447701
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEMAKIS INC CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt056 CENTRAL AVENUE SUITE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LYNN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0019011190
ReturnHeader/PreparerPersonGrp/PhoneNum07815926120
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J DEMAKIS
ReturnHeader/ReturnTs02025-09-16T13:46:08-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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