Civic Intelligence

Melrose Chamber of Commerce Inc

EIN 04-2656028 • 501(c)6 • Melrose, MA

Profile

Promote overall business environment in Melrose, MA

One West Foster StreetMelrose, MA 02176

www.melrosechamber.org

Siviq Scores

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

Liabilities / Assets

87th percentile

0.35x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

85th percentile

0.23x

Higher debt load relative to revenue than 85% of similar nonprofits.

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

Net Margin

51st percentile

1.4%

Higher net margin than 51% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$71,263

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 51.3% of source-year revenue.

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

Asset Growth

62nd percentile

5.0%

Faster asset growth than 62% of similar nonprofits.

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

Revenue Growth

73rd percentile

16%

Faster revenue growth than 73% of similar nonprofits.

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

Assets

Up

$89,544

Up $4,229 (+5.0%) from 2023

Liabilities

Up

$31,397

Up $2,312 (+7.9%) from 2023

Net Assets

Up

$58,147

Up $1,917 (+3.4%) from 2023

Revenue

Up

$138,815

Up $18,781 (+16%) from 2023

Expenses

Up

$136,898

Up $18,947 (+16%) from 2023

Net Income

Down

$1,917

Down $166 (-8.0%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2010: $23,797Liabilities 2010: $24,164Net Assets 2010: -$3672010Assets 2011: $28,018Liabilities 2011: $24,838Net Assets 2011: $3,1802011Assets 2012: $25,633Liabilities 2012: $18,342Net Assets 2012: $7,2912012Assets 2013: $35,956Liabilities 2013: $26,693Net Assets 2013: $9,2632013Assets 2014: $45,083Liabilities 2014: $26,663Net Assets 2014: $18,4202014Assets 2015: $42,233Liabilities 2015: $25,648Net Assets 2015: $16,5852015Assets 2016: $59,229Liabilities 2016: $24,048Net Assets 2016: $35,1812016Assets 2017: $81,742Liabilities 2017: $24,435Net Assets 2017: $57,3072017Assets 2018: $94,315Liabilities 2018: $30,813Net Assets 2018: $63,5022018Assets 2019: $93,775Liabilities 2019: $30,269Net Assets 2019: $63,5062019Assets 2020: $66,131Liabilities 2020: $27,785Net Assets 2020: $38,3462020Assets 2021: $68,680Liabilities 2021: $27,534Net Assets 2021: $41,1462021Assets 2022: $87,856Liabilities 2022: $33,709Net Assets 2022: $54,1472022Assets 2023: $85,315Liabilities 2023: $29,085Net Assets 2023: $56,2302023Assets 2024: $89,544Liabilities 2024: $31,397Net Assets 2024: $58,1472024

Highlighted filing

2024

Assets$89,544
Liabilities$31,397
Net Assets$58,147

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $76,675Expenses 2010: $69,378Net Income 2010: $7,2972010Revenue 2011: $81,936Expenses 2011: $78,389Net Income 2011: $3,5472011Revenue 2012: $84,549Expenses 2012: $80,438Net Income 2012: $4,1112012Revenue 2013: $88,841Expenses 2013: $86,869Net Income 2013: $1,9722013Revenue 2014: $97,310Expenses 2014: $88,153Net Income 2014: $9,1572014Revenue 2015: $89,607Expenses 2015: $91,442Net Income 2015: -$1,8352015Revenue 2016: $103,003Expenses 2016: $84,407Net Income 2016: $18,5962016Revenue 2017: $108,484Expenses 2017: $86,358Net Income 2017: $22,1262017Revenue 2018: $99,496Expenses 2018: $93,301Net Income 2018: $6,1952018Revenue 2019: $101,410Expenses 2019: $101,406Net Income 2019: $42019Revenue 2020: $64,958Expenses 2020: $90,118Net Income 2020: -$25,1602020Revenue 2021: $75,370Expenses 2021: $86,692Net Income 2021: -$11,3222021Revenue 2022: $107,343Expenses 2022: $101,378Net Income 2022: $5,9652022Revenue 2023: $120,034Expenses 2023: $117,951Net Income 2023: $2,0832023Revenue 2024: $138,815Expenses 2024: $136,898Net Income 2024: $1,9172024

Highlighted filing

2024

Revenue$138,815
Expenses$136,898
Net Income$1,917

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.90$0.31$0.58$1.39$1.37$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.85$0.29$0.56$1.20$1.18$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.34$0.54$1.07$1.01$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.69$0.28$0.41$0.75$0.87$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.66$0.28$0.38$0.65$0.90$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.30$0.64$1.01$1.01$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.94$0.31$0.64$0.99$0.93$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.82$0.24$0.57$1.08$0.86$0.22
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.24$0.35$1.03$0.84$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.26$0.17$0.90$0.91$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.27$0.18$0.97$0.88$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.36$0.27$0.09$0.89$0.87$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.18$0.07$0.85$0.80$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.25$0.03$0.82$0.78$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.24$0.00$0.77$0.69$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.2
Gross Receipts
$169,025
Mission and Program Overview

Mission

Promote overall business environment in Melrose, MA

Program Services

DescriptionGrantsExpenses
Victorian Fair: Melrose businesses offer their goods andservices through a street fair. Entire communitybenefits.-$14,690
Home for the Holidays: Promotion of Melrose businessesduring the holiday season in December.-$11,259
Other miscellaneous programs-$3,935
Chamber Member Meetings: To give members the chance to meet, network, and discuss issues facing businesses in Melrose.-$326
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephanie NelsonExecutive DirectorPT$71,263-$71,263
Joe GuarinoPresidentPT$0--
Kristin ThorpPresident Elect-$0--
Louis IzziPast President-$0--
Joseph GulinoTreasurer-$0--
Joanne SchambergSecretary-$0--
Brad HutchinsonDirector-$0--
Joe TurnerDirector-$0--
Joe SilvaDirector-$0--
Joan CassidyDirector-$0--
Chris CinellaDirector-$0--
Judy ClarkDirector-$0--
Katelyn PapadopoulosDirector-$0--
Charlie MeliaDirector-$0--
Michael O'BrienDirector-$0--
Rosylene ForgioneDirector-$0--
Craig ZecchinoDirector-$0--
Gail InfurnaDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Victorian Fair$68,064$68,064$14,690$53,374
Home For Holidays$13,900$13,900$11,259$2,641
Total Events$93,493$93,493$30,210$63,283
Filing and Contact Details

Filer

Filer Name
Melrose Chamber of Commerce Inc
EIN
04-2656028
Phone
7816653033
Address
One West Foster Street, Melrose, MA 02176

Signing Officer

Name
Joseph S Gulino
Title
Treasurer
Phone
7816653033
Signed
2025-11-05
Supplemental Narrative

Additional Explanations

Pt III, Line 31

Other miscellaneous programs

Form 990EZ, Part I, Line 16

Annual Report 19.

Form 990EZ, Part I, Line 16

Bank Fees 25.

Form 990EZ, Part I, Line 16

Board Expenses 1604.

Form 990EZ, Part I, Line 16

Bookkeeping 555.

Form 990EZ, Part I, Line 16

Community Outreach 2918.

Form 990EZ, Part I, Line 16

Holiday Decorations 3736.

Form 990EZ, Part I, Line 16

Insurance 2142.

Form 990EZ, Part I, Line 16

Internet Fees 1136.

Form 990EZ, Part I, Line 16

Office Supplies & Expense 7434.

Form 990EZ, Part I, Line 16

Payment Processing Fees 2489.

Form 990EZ, Part I, Line 16

Payroll Processing Fee 1349.

Form 990EZ, Part I, Line 16

Taxes - Payroll 7212.

Form 990EZ, Part I, Line 16

Telephone 809.

Form 990EZ, Part II, Line 24

Deposits - Gift Certificates 19859. 21260.

Form 990EZ, Part II, Line 26

Gift Certificates Payable 20985. 22107.

Form 990EZ, Part II, Line 26

Accrued Bonus 8100. 9290.

Raw XML Appendix250 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Joe Guarino
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kristin Thorp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Louis Izzi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Joseph Gulino
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Joanne Schamberg
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Brad Hutchinson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Joe Turner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Joe Silva
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Joan Cassidy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Chris Cinella
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Judy Clark
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Katelyn Papadopoulos
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12Charlie Melia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13Michael O'Brien
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14Rosylene Forgione
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm15Craig Zecchino
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm16Gail Infurna
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm17Stephanie Nelson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President Elect
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Past President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt16Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt17Executive Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt021260
IRS990EZ/OtherExpensesTotalAmt031428
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IRS990EZ/PrintingPublicationsPostageAmt0207
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Victorian Fair: Melrose businesses offer their goods andservices through a street fair. Entire communitybenefits.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Chamber Member Meetings: To give members the chance to meet, network, and discuss issues facing businesses in Melrose.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Home for the Holidays: Promotion of Melrose businessesduring the holiday season in December.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Other miscellaneous programs
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014690
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1326
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other miscellaneous programs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annual Report 19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Fees 25.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board Expenses 1604.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bookkeeping 555.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Community Outreach 2918.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Holiday Decorations 3736.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Insurance 2142.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Internet Fees 1136.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Office Supplies & Expense 7434.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payment Processing Fees 2489.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Payroll Processing Fee 1349.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Taxes - Payroll 7212.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Telephone 809.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Deposits - Gift Certificates 19859. 21260.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Gift Certificates Payable 20985. 22107.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Accrued Bonus 8100. 9290.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Joseph S Gulino
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07816653033
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Melrose Chamber of Commerce Inc
ReturnHeader/Filer/BusinessNameControlTxt0MELR
ReturnHeader/Filer/EIN0042656028
ReturnHeader/Filer/PhoneNum07816653033
ReturnHeader/Filer/USAddress/AddressLine1Txt0One West Foster Street
ReturnHeader/Filer/USAddress/CityNm0Melrose
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002176
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02025-11-10T05:33:35-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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