Civic Intelligence

Stoneham Chamber of Commerce Inc

EIN 04-2936730 • 501(c)6 • Stoneham, MA

Profile

To promote the civic welfare of the businesses and residents of the town of stoneham and its surrounding community

335 Main St - Ste 202Stoneham, MA 02180

n/A

Siviq Scores

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

Liabilities / Assets

88th percentile

0.37x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

0.28x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

41st percentile

-3.5%

Higher net margin than 41% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

96th percentile

$53,678

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 41.5% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

41st percentile

-5.6%

Faster asset growth than 41% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

18th percentile

-27%

Faster revenue growth than 18% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$112,410

Down $6,621 (-5.6%) from 2022

Liabilities

Down

$41,923

Down $1,442 (-3.3%) from 2022

Net Assets

Down

$70,487

Down $5,179 (-6.8%) from 2022

Operations
Liabilities / Revenue88th percentileNet Margin41st percentile

Revenue

Down

$147,419

Down $54,541 (-27%) from 2022

Expenses

Down

$152,598

Down $48,243 (-24%) from 2022

Net Income

Down

-$5,179

Down $6,298 (-563%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

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

$200K$150K$100K$50K$0Assets 2011: $92,605Liabilities 2011: $1,5852011Assets 2012: $84,959Liabilities 2012: $1,5282012Assets 2013: $102,065Liabilities 2013: $1,225Net Assets 2013: $100,8402013Assets 2014: $116,711Liabilities 2014: $1,051Net Assets 2014: $115,6602014Assets 2015: $138,482Liabilities 2015: $1,541Net Assets 2015: $136,9412015Assets 2016: $156,277Liabilities 2016: $979Net Assets 2016: $155,2982016Assets 2017: $174,268Liabilities 2017: $1,423Net Assets 2017: $172,8452017Assets 2018: $170,177Liabilities 2018: $1,966Net Assets 2018: $168,2112018Assets 2019: $132,603Liabilities 2019: $50Net Assets 2019: $132,5532019Assets 2020: $132,532Liabilities 2020: $58,461Net Assets 2020: $74,0712020Assets 2021: $132,585Liabilities 2021: $58,038Net Assets 2021: $74,5472021Assets 2022: $119,031Liabilities 2022: $43,365Net Assets 2022: $75,6662022Assets 2023: $112,410Liabilities 2023: $41,923Net Assets 2023: $70,4872023

Highlighted filing

2023

Assets$112,410
Liabilities$41,923
Net Assets$70,487
Open 2023 Filing

Operations Trend

Revenue Growth18th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $93,114Expenses 2011: $93,858Net Income 2011: -$7442011Revenue 2012: $93,778Expenses 2012: $101,367Net Income 2012: -$7,5892012Revenue 2013: $107,931Expenses 2013: $90,522Net Income 2013: $17,4092013Revenue 2014: $114,117Expenses 2014: $99,297Net Income 2014: $14,8202014Revenue 2015: $120,424Expenses 2015: $99,143Net Income 2015: $21,2812015Revenue 2016: $121,630Expenses 2016: $103,273Net Income 2016: $18,3572016Revenue 2017: $129,479Expenses 2017: $111,932Net Income 2017: $17,5472017Revenue 2018: $121,909Expenses 2018: $126,543Net Income 2018: -$4,6342018Revenue 2019: $101,862Expenses 2019: $137,520Net Income 2019: -$35,6582019Revenue 2020: $69,343Expenses 2020: $127,825Net Income 2020: -$58,4822020Revenue 2021: $127,462Expenses 2021: $126,986Net Income 2021: $4762021Revenue 2022: $201,960Expenses 2022: $200,841Net Income 2022: $1,1192022Revenue 2023: $147,419Expenses 2023: $152,598Net Income 2023: -$5,1792023

Highlighted filing

2023

Revenue$147,419
Expenses$152,598
Net Income-$5,179
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$112,410
Liabilities
$41,923
Net assets
$70,487
Revenue
$147,419
Expenses
$152,598
Net income
-$5,179
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.42$0.70$1.47$1.53$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.43$0.76$2.02$2.01$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.33$0.58$0.75$1.27$1.27$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.58$0.74$0.69$1.28$0.58
2019Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$1.02$1.38$0.36
2018Detailed filing. Detailed filing data is available for this year.$1.70$0.02$1.68$1.22$1.27$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.74$0.01$1.73$1.29$1.12$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.56$0.01$1.55$1.22$1.03$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.38$0.02$1.37$1.20$0.99$0.21
2014Detailed filing. Detailed filing data is available for this year.$1.17$0.01$1.16$1.14$0.99$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.01$1.01$1.08$0.91$0.17
2012Summary only. Only limited summary data is available for this year.$0.85$0.02$0.94$1.01$0.08
2011Summary only. Only limited summary data is available for this year.$0.93$0.02$0.93$0.94$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Nov 8, 2024
Return Version
2022v5.0
Gross Receipts
$165,452
Mission and Program Overview

Mission

To promote the civic welfare of the businesses and residents of the town of stoneham and its surrounding community

Program Services

DescriptionGrantsExpenses
TOWN DAY - A DAY LONG FESTIVAL TO CELEBRATE THE STONEHAM COMMUNITY-$12,887
CONCERT SERIES - WEEKLY FREE SUMMER OUTDOOR CONCERTS FOR THE STONEHAM COMMUNITY-$8,779
COMMON LIGHTING - HOLIDAY TREE LIGHTING CELEBRATION FOR THE COMMUNITY ON THE TOWN COMMON-$7,993
MEETINGS - PROVIDE A FORUM FOR PLANNING AND PARTICIPATION FOR ALL MEMBERS TO PROMOTE THE TOWN OF STONEHAM-$3,145
BANNER PROGRAM- Decorative banners are used to decorate the downtown Stoneham area, promoting Stoneham small business and residence community-$3,030
OTHER MEMBER PROGRAMS - VARIOUS MEMBERSHIP PROGRAMS AND SERVICES AVAILABLE TO ALL MEMBERS-$2,693
GIFT CERTIFICATE PROGRAM-$2,001
HEALTH AND WELLNESS EXPO - Family and community oriented programming,interactive and complimentary health screenings, demonstrations, and healthy lifestyle entertainment such as Yoga, Zumba, Pilates, and Martial Arts.-$1,455
STONEHAM 101 - NEW RESIDENT ORIENTATION AND WELCOME PROGRAM-$1,336
HALLOWEEN STROLL -HOLIDAY CELEBRATION FOR THE COMMUNITY FEATURING DOWNTOWN MERCHANTS-$479
NEWSLETTER- MEMBER NEWSLETTER--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MEGAN DAYExecutive DirectorFT$58,000-$58,000
ERIC BERGSTROMPresident-$0--
CLAUDIA PRODEROVice President-$0--
REEM RAJEHTreasurer-$0--
KARYN MILLERICKSecretary-$0--
MEGAN DAYExecutive DirectorFT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournamnt$33,780$33,780-$33,780
Total Events$33,780$33,780$18,033$15,747
Filing and Contact Details

Filer

Filer Name
Stoneham Chamber of Commerce Inc
EIN
04-2936730
Phone
7814380001
Address
335 MAIN ST - STE 202, STONEHAM, MA 02180

Signing Officer

Name
Eric Bergstrom
Title
President
Signed
2024-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Burke & Company LLC
Address
481 Main Street, Stoneham, MA 02180
Preparer
Jeff Coccoluto CPA
Phone
7814386700
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $827”

Other Expenses.1002

“Office Expenses $1381”

Other Expenses.1003

“Information Technology $5374”

Other Expenses.1008

“Interest $2256”

Other Expenses.1012

“Insurance $1056”

Other Expenses.1

“TOWN DAY EXPENSES $12887”

Other Expenses.2

“CONCERT SERIES $8779”

Other Expenses.3

“COMMON LIGHTING $7993”

Other Expenses.4

“MEETING EXPENSES $3145”

Other Expenses.5

“BANNERS $3030”

Other Expenses.6

“Other misc member services $2693”

Other Expenses.7

“Gift certificate program $2001”

Other Expenses.8

“HEALTH EXPO $1455”

Other Expenses.9

“STONEHAM 101 $1336”

Other Expenses.10

“HALLOWEEN STROLL $479”

Other Assets.1005

“Accounts Receivable - Beginning $14816 Accounts Receivable - Ending $21497”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $522 Accounts Payable and Accrued Expenses - Ending $0”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $42843 Unsecured Notes and Loans Payable - Ending $41923”

Raw XML Appendix183 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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt6BANNER PROGRAM- Decorative banners are used to decorate the downtown Stoneham area, promoting Stoneham small business and residence community
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1381
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