Civic Intelligence

Greater Haverhill Foundation Inc

990 • Fiscal year 2020 • EIN 04-2460259

May 01, 2019 to Apr 30, 2020 • Filed on Nov 02, 2020

2 Merrimack Street Suite 505Haverhill, MA 01830

(978) 891-3994

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.68x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Net Margin

1st percentile

-1044%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

50th percentile

$99,996

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 265.8% of source-year revenue.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Asset Growth

13th percentile

-5.5%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-80%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$17,105,150

Down $987,482 (-5.5%) from 2019

Net Assets

Down

$17,079,533

Down $1,001,513 (-5.5%) from 2019

Liabilities

Up

$25,617

Up $14,031 (+121%) from 2019

Revenue

Down

$37,622

Down $152,521 (-80%) from 2019

Expenses

Down

$430,423

Down $74,633 (-15%) from 2019

Net Income

Down

-$392,801

Down $77,888 (-25%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $6,408,400Liabilities 2011: $0Net Assets 2011: $6,408,4002011Assets 2012: $6,282,006Liabilities 2012: $0Net Assets 2012: $6,282,0062012Assets 2013: $5,971,675Liabilities 2013: $2,170Net Assets 2013: $5,969,5052013Assets 2014: $6,235,534Liabilities 2014: $2,487Net Assets 2014: $6,233,0472014Assets 2015: $6,160,147Liabilities 2015: $4,511Net Assets 2015: $6,155,6362015Assets 2016: $12,489,850Liabilities 2016: $5,304Net Assets 2016: $12,484,5462016Assets 2017: $18,230,179Liabilities 2017: $3,747Net Assets 2017: $18,226,4322017Assets 2018: $18,824,533Liabilities 2018: $6,009Net Assets 2018: $18,818,5242018Assets 2019: $18,092,632Liabilities 2019: $11,586Net Assets 2019: $18,081,0462019Assets 2020: $17,105,150Liabilities 2020: $25,617Net Assets 2020: $17,079,5332020Assets 2021: $17,251,607Liabilities 2021: $19,920Net Assets 2021: $17,231,6872021Assets 2022: $16,508,136Liabilities 2022: $507,022Net Assets 2022: $16,001,1142022Assets 2023: $16,197,400Liabilities 2023: $43,422Net Assets 2023: $16,153,9782023Assets 2024: $16,263,603Liabilities 2024: $26,312Net Assets 2024: $16,237,2912024

Highlighted filing

2020

Assets$17,105,150
Liabilities$25,617
Net Assets$17,079,533

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $100,8452011Expenses 2012: $132,2892012Revenue 2013: -$372,472Expenses 2013: $151,277Net Income 2013: -$523,7492013Revenue 2014: $50,810Expenses 2014: $175,190Net Income 2014: -$124,3802014Revenue 2015: -$13,506Expenses 2015: $469,987Net Income 2015: -$483,4932015Revenue 2016: $5,052,487Expenses 2016: $232,331Net Income 2016: $4,820,1562016Revenue 2017: $6,125,171Expenses 2017: $349,769Net Income 2017: $5,775,4022017Revenue 2018: $847,929Expenses 2018: $423,768Net Income 2018: $424,1612018Revenue 2019: $190,143Expenses 2019: $505,056Net Income 2019: -$314,9132019Revenue 2020: $37,622Expenses 2020: $430,423Net Income 2020: -$392,8012020Revenue 2021: $119,120Expenses 2021: $194,865Net Income 2021: -$75,7452021Revenue 2022: -$478,737Expenses 2022: $233,392Net Income 2022: -$712,1292022Revenue 2023: -$295,150Expenses 2023: $199,518Net Income 2023: -$494,6682023Revenue 2024: -$297,134Expenses 2024: $315,131Net Income 2024: -$612,2652024

Highlighted filing

2020

Revenue$37,622
Expenses$430,423
Net Income-$392,801
Jump To
Filing Snapshot
Filing Period
May 1, 2019 to Apr 30, 2020
Signed
Nov 2, 2020
Return Version
2019v5.0
Gross Receipts
$384,822
Mission and Program Overview

Mission

To assist in the economic cultural and historical development of the greater haverhill area

To assist in the economic, cultural, and historical development of the greater haverhill area

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$17,844,271$16,842,758▼ $1,001,513
Investments Program Related$13,048,475$13,082,429▲ $33,954
Investments in Publicly Traded Securities$2,151,593$1,927,379▼ $224,214
Accounts Receivable$1,086,879$927,825▼ $159,054
Savings and Temporary Cash Investments$1,420,211$844,541▼ $575,670
Other Notes and Loans Receivable, Net$380,066$257,955▼ $122,111
Cap Stk Tr Prin Current Funds$222,554$222,554→ $0
Cash and Non-Interest-Bearing Accounts-$50,803-
Pd in Cap Srpls Land Bldg Eqp Fund$14,221$14,221→ $0
Land, Buildings, and Equipment, Net-$8,810-
Prepaid Expenses and Deferred Charges$5,408$5,408→ $0
Total Assets$18,092,632$17,105,150▼ $987,482
Liabilities
Deferred Revenue-$22,843-
Accounts Payable and Accrued Expenses$11,586$2,774▼ $8,812
Total Liabilities$11,586$25,617▲ $14,031
Net Assets / Fund Balance
Total Net Assets Fund Balance$18,081,046$17,079,533▼ $1,001,513
Total Liabilities and Net Assets / Fund Balance$18,092,632$17,105,150▼ $987,482

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$5,161$271$5,432
Equipment$3,649$506$4,155
Investment Program Related Org$1,369,820--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ronald TrombleyManaging DirectorFT$99,996$99,996

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$37,622
Other Revenue
$0
Change in Net Assets
$-392,801
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$286,773
Salaries, Compensation, and Employee Benefits$123,434
Grants and Similar Amounts Paid$20,216
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$184,788$11,463-$196,251
Other Salaries and Wages$91,394$22,849-$114,243
Office Expenses-$21,767-$21,767
Fees for Services Accounting-$20,130-$20,130
Grants to Domestic Orgs$19,216--$19,216
Fees for Service Investment Mgmnt Fees-$14,680-$14,680
Insurance$5,901$5,901-$11,802
Occupancy$5,238$5,239-$10,477
Payroll Taxes$7,353$1,838-$9,191
Other Expenses$7,125--$7,125
Travel-$3,764-$3,764
Grants to Domestic Individuals$1,000--$1,000
Depreciation Depletion-$777-$777
Total Functional Expenses$322,015$108,408$0$430,423
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Haverhill Chamber of CommerceHaverhill, MA-Sponsorship$12,966
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-DirectorCapital CallNo$450,000
-Wife - DirectorConsultingNo$90,000
-Asst TreasurerFinancial MgmtNo$13,965
-DirectorComputer ServicesNo$11,983
-DirectorInsuranceNo$6,888
-DirectorRentNo$2,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

STOCKHOLDERS

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

The foundation's officers review & approve the form 990 prior to filing

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

The managing director's compensation is approved by the executive committee.

Form 990, Page 6, Part VI, Line 19

Financial statements are available upon request or can be viewed on third - party websites such as guidestar or massachusetts attorney general's division of public charties.

Filing and Contact Details

Filer

Filer Name
Greater Haverhill Foundation Inc
EIN
04-2460259
Phone
9788913994
Address
2 MERRIMACK STREET SUITE 505, HAVERHILL, MA 01830

Signing Officer

Name
Joseph Cleary
Title
Clerk
Phone
9785215108
Signed
2020-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald Trombley
Formed
1964
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
6
Employees
2

Preparer

Firm
Blinn Farrell & Company Cpas
Address
60 BAILEY BOULEVARD, HAVERHILL, MA 01830
Preparer
Nelson D Blinn CPA
Phone
9783728518
Supplemental Narrative

Additional Explanations

Form 990

Consolidated filing with ghf merrimack street, llc

Form 990, Part IX, Line 11G

Professional fees 184,788 11,463 0

Form 990, Part XI, Line 9

Merrimack st ventures llc equity inv -355,833 woolworth partners equity inv -60,212 write off of compound note -113,878 total -529,923

Financial Statement Notes

Schedule D, Page 3, Part X

The organization accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. Interest and penalties assessed, if any, are accrued as income tax expense. The organization is not currently under examination by any taxing jurisdiction. The organization has identified its tax status as a tax- exempt entity as its only significant tax position; however, the organization has determined that such a tax position does not result in an uncertainty requiring recognition. The organization's form 990, return of organization exempt from income is subject to examination by the irs, generally for three years after the return is filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0MANAGING DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ST VP
IRS990/Form990PartVIISectionAGrp/TitleTxt2ASST. TREASU
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASSISTANT CL
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt132ND VP
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-26629
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt020216
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt019216
IRS990/GrantsToDomesticOrgsGrp/TotalAmt019216
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0320571
IRS990/GrossReceiptsAmt0384822
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05901
IRS990/InsuranceGrp/ProgramServicesAmt05901
IRS990/InsuranceGrp/TotalAmt011802
IRS990/InvestmentIncomeGrp/ExclusionAmt064251
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt064251
IRS990/InvestmentInJointVentureInd0true
IRS990/InvestmentsProgramRelatedGrp/BOYAmt013048475
IRS990/InvestmentsProgramRelatedGrp/EOYAmt013082429
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02151593
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01927379
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0777
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08810
IRS990/LandBldgEquipCostOrOtherBssAmt09587
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0347200
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ASSIST IN THE ECONOMIC, CULTURAL, AND HISTORICAL DEVELOPMENT OF THE GREATER HAVERHILL AREA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt018081046
IRS990/NetAssetsOrFundBalancesEOYAmt017079533
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-26629
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-26629
IRS990/NetUnrlzdGainsLossesInvstAmt0-78789
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt05239
IRS990/OccupancyGrp/ProgramServicesAmt05238
IRS990/OccupancyGrp/TotalAmt010477
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021767
IRS990/OfficeExpensesGrp/TotalAmt021767
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-529923
IRS990/OtherExpensesGrp/Desc0SOCIAL WELFARE
IRS990/OtherExpensesGrp/ProgramServicesAmt07125
IRS990/OtherExpensesGrp/TotalAmt07125
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022849
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt091394
IRS990/OtherSalariesAndWagesGrp/TotalAmt0114243
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0380066
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0257955
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01838
IRS990/PayrollTaxesGrp/ProgramServicesAmt07353
IRS990/PayrollTaxesGrp/TotalAmt09191
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt014221
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt014221
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05408
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05408
IRS990/PrincipalOfficerNm0RONALD TROMBLEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt015333
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt015032
IRS990/PYInvestmentIncomeAmt0174810
IRS990/PYOtherExpensesAmt0342176
IRS990/PYRevenuesLessExpensesAmt0-314913
IRS990/PYSalariesCompEmpBnftPaidAmt0147848
IRS990/PYTotalExpensesAmt0505056
IRS990/PYTotalRevenueAmt0190143
IRS990/ReconcilationRevenueExpnssAmt0-392801
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt017844271
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt016842758
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01420211
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0844541
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03649
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0506
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04155
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt011712609
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11369820
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MERRIMACK STREET VENTURES LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1WOOLWORTH PARTNERS LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05161
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0271
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05432
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE ORGANIZATION HAS IDENTIFIED ITS TAX STATUS AS A TAX- EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH A TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE ORGANIZATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE RETURN IS FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08810
IRS990ScheduleD/TotalBookValueProgramRltdAmt013082429
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt012966
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SPONSORSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HAVERHILL CHAMBER OF COMMERCE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02 MERRIMACK STREET SUITE 3
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HAVERHILL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd001830
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0GOLD LEAF FINE JEWELRY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1BEATON MANAGEMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2JAMES PAGE INSURANCE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt3NORTHEAST COMPUTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt4WOOLWORTH PARTNERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt5WOOLWORTH PARTNERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0WIFE - DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1ASST TREASURER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt4DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt5DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd3false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd4false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd5false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt090000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt113965
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt26888
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt311983
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt42400
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt5450000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONSULTING
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1FINANCIAL MGMT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2INSURANCE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3COMPUTER SERVICES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc4RENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc5CAPITAL CALL
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CONSOLIDATED FILING WITH GHF MERRIMACK STREET, LLC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STOCKHOLDERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION'S OFFICERS REVIEW & APPROVE THE FORM 990 PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MANAGING DIRECTOR'S COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST OR CAN BE VIEWED ON THIRD - PARTY WEBSITES SUCH AS GUIDESTAR OR MASSACHUSETTS ATTORNEY GENERAL'S DIVISION OF PUBLIC CHARTIES.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.3$0.03$16.2$0.30$0.32$0.61
2023Detailed filing. Detailed filing data is available for this year.$16.2$0.04$16.2$0.30$0.20$0.49
2022Detailed filing. Detailed filing data is available for this year.$16.5$0.51$16.0$0.48$0.23$0.71
2021Detailed filing. Detailed filing data is available for this year.$17.3$0.02$17.2$0.12$0.19$0.08
2020Detailed filing. Detailed filing data is available for this year.$17.1$0.03$17.1$0.04$0.43$0.39
2019Detailed filing. Detailed filing data is available for this year.$18.1$0.01$18.1$0.19$0.51$0.31
2018Detailed filing. Detailed filing data is available for this year.$18.8$0.01$18.8$0.85$0.42$0.42
2017Detailed filing. Detailed filing data is available for this year.$18.2$0.00$18.2$6.13$0.35$5.78
2016Detailed filing. Detailed filing data is available for this year.$12.5$0.01$12.5$5.05$0.23$4.82
2015Detailed filing. Detailed filing data is available for this year.$6.16$0.00$6.16$0.01$0.47$0.48
2014Summary only. Only limited summary data is available for this year.$6.24$0.00$6.23$0.05$0.18$0.12
2013Summary only. Only limited summary data is available for this year.$5.97$0.00$5.97$0.37$0.15$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.28$0.00$6.28$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.41$0.00$6.41$0.10