Civic Intelligence

Hopkinton Chamber of Commerce

EIN 04-3098576 • 501(c)6 • Hopkinton, MA

Profile

The hopkinton chamber of commerce is organized to achieve the following objectives:(1) promoting the competitive enterprise system of business by creating a greater awareness among business people, the public, and government officials regarding the town of hopkinton, county, state and national affairs.(2) promoting business and community growth and development within the town of hopkinton by:i. Promoting economic programs designed to strengthen and expand the income potential of business within the trade area.ii. Promoting programs of a civic, social, and cultural nature, which are designed to increase the functional and aesthetic values of the community.iii. Promoting communication between the business community, the public, and members of town government in hopkinton.

PO Box 55Hopkinton, MA 01748

www.hopchamber.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

70th percentile

11%

Higher net margin than 70% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

79th percentile

$7,500

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 14.4% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

66th percentile

7.1%

Faster asset growth than 66% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-15%

Faster revenue growth than 30% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$88,258

Up $5,859 (+7.1%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Up

$88,258

Up $5,859 (+7.1%) from 2021

Operations
Liabilities / Revenue51st percentileNet Margin70th percentile

Revenue

Down

$52,160

Down $9,300 (-15%) from 2021

Expenses

Up

$46,302

Up $15,307 (+49%) from 2021

Net Income

Down

$5,858

Down $24,607 (-81%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth66th percentile

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

$100K$50K$0Assets 2011: $20,121Liabilities 2011: $02011Assets 2012: $8,285Liabilities 2012: $02012Assets 2013: $12,242Liabilities 2013: $02013Assets 2014: $21,078Liabilities 2014: $02014Assets 2015: $15,646Liabilities 2015: $02015Assets 2016: $72,154Liabilities 2016: $0Net Assets 2016: $72,1542016Assets 2017: $60,377Liabilities 2017: $0Net Assets 2017: $60,3772017Assets 2021: $82,399Liabilities 2021: $0Net Assets 2021: $82,3992021Assets 2022: $88,258Liabilities 2022: $0Net Assets 2022: $88,2582022

Highlighted filing

2022

Assets$88,258
Liabilities$0
Net Assets$88,258
Open 2022 Filing

Operations Trend

Revenue Growth30th percentile

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

$100K$50K$0-$50KRevenue 2011: $38,834Expenses 2011: $25,127Net Income 2011: $13,7072011Revenue 2012: $7,620Expenses 2012: $19,458Net Income 2012: -$11,8382012Revenue 2013: $13,556Expenses 2013: $9,599Net Income 2013: $3,9572013Revenue 2014: $10,922Expenses 2014: $2,086Net Income 2014: $8,8362014Revenue 2015: $7,646Expenses 2015: $13,078Net Income 2015: -$5,4322015Revenue 2016: $82,859Expenses 2016: $26,351Net Income 2016: $56,5082016Revenue 2017: $31,083Expenses 2017: $42,860Net Income 2017: -$11,7772017Revenue 2021: $61,460Expenses 2021: $30,995Net Income 2021: $30,4652021Revenue 2022: $52,160Expenses 2022: $46,302Net Income 2022: $5,8582022

Highlighted filing

2022

Revenue$52,160
Expenses$46,302
Net Income$5,858
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,258
Liabilities
$0
Net assets
$88,258
Revenue
$52,160
Expenses
$46,302
Net income
$5,858
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$88.3$0.00$88.3$52.2$46.3$5.86
2021Detailed filing. Detailed filing data is available for this year.$82.4$0.00$82.4$61.5$31.0$30.5
2017Detailed filing. Detailed filing data is available for this year.$60.4$0.00$60.4$31.1$42.9$11.8
2016Detailed filing. Detailed filing data is available for this year.$72.2$0.00$72.2$82.9$26.4$56.5
2015Summary only. Only limited summary data is available for this year.$15.6$0.00$7.65$13.1$5.43
2014Summary only. Only limited summary data is available for this year.$21.1$0.00$10.9$2.09$8.84
2013Summary only. Only limited summary data is available for this year.$12.2$0.00$13.6$9.60$3.96
2012Summary only. Only limited summary data is available for this year.$8.29$0.00$7.62$19.5$11.8
2011Summary only. Only limited summary data is available for this year.$20.1$0.00$38.8$25.1$13.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 2, 2022
Return Version
2021v4.0
Gross Receipts
$52,160
Mission and Program Overview

Mission

The hopkinton chamber of commerce is a business organization committed to serving its member by supporting and advocating for an environment where members and their communities prosper. Its focus is on the commercial well-being of hopkinton whose role is to: 1. Represent and promote the economote interests of local businesses. 2. Actively participate in civic affairs. 3. Operate as a facilitator, convener and partner to promote business well-buing and economic growth. 4. Collaborate with the town to develope revenue enhancement solutions.

Program Services

DescriptionGrantsExpenses
TO PROMOTE PROGRAMS OF A CIVIC NATURE, ALONG WITH THE INCOME POTENTIAL AND BUSINESS GROWTH OF THE COMMUNITY.--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIM KILDUFFExecutive Di-$7,500-$7,500
CRISTINA MORRISSIEYPresidentPT$0--
RONALD FOISYSecretary-$0--
BRYAN BROWNVice Preside-$0--
SCOTT RICHARDSONMembership C-$0--
GREGG MANISDirector-$0--
HAROLD NAHIGIANDirector-$0--
CHUCK JOSEPHDirector-$0--
BETH ARNOLDDirector-$0--
BETH D'ALLEVADirector-$0--
MATT COLLERANDirector-$0--
MATT TREONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Hopkinton Chamber of Commerce
EIN
04-3098576
Phone
5084350949
Address
PO BOX 55, HOPKINTON, MA 01748

Signing Officer

Name
Cristina Morrissiey
Title
President
Phone
5084350949
Signed
2022-11-02
Discuss with paid preparer
Yes

Preparer

Firm
Fletcher Tilton Pc
Address
370 MAIN ST 11TH FLOOR, WORCESTER, MA 01608-1779
Preparer
Brian a Santos Ea
Phone
5084598000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses marketing 4,400 website 347 total 4,747”

Form 990-ez, Part III

“The hopkinton chamber of commerce is a business organization committed to serving its member by supporting and advocating for an environment where members and their communities prosper. Its focus is on the commercial well-being of hopkinton whose role is to: 1. Represent and promote the economote interests of local businesses. 2. Actively participate in civic affairs. 3. Operate as a facilitator, convener and partner to promote business well-buing and economic growth. 4. Collaborate with the town to develope revenue enhancement solutions.”

Raw XML Appendix129 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/TitleTxt3EXECUTIVE DI
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/PrintingPublicationsPostageAmt08850
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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