Civic Intelligence

Ipswich Chamber of Commerce Inc

EIN 04-3265019 • 501(c)6 • Ipswich, MA

Profile

Encourage development & economic growth

PO Box 94Ipswich, MA 01938

www.ipswichchamber.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

4th percentile

-249%

Higher net margin than 4% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

23rd percentile

-23%

Faster revenue growth than 23% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $19,117 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $19,117 (-100%) from 2020

Revenue

Down

$7,691

Down $2,314 (-23%) from 2020

Expenses

Up

$26,808

Up $22,947 (+594%) from 2020

Net Income

Down

-$19,117

Down $25,261 (-411%) from 2020

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2011: $20,789Liabilities 2011: $02011Assets 2012: $16,518Liabilities 2012: $02012Assets 2013: $13,840Liabilities 2013: $02013Assets 2014: $11,972Liabilities 2014: $02014Assets 2015: $11,798Liabilities 2015: $02015Assets 2016: $12,418Liabilities 2016: $02016Assets 2017: $15,048Liabilities 2017: $02017Assets 2018: $16,794Liabilities 2018: $02018Assets 2020: $19,117Liabilities 2020: $0Net Assets 2020: $19,1172020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$40K$20K$0-$20KRevenue 2011: $11,430Expenses 2011: $10,561Net Income 2011: $8692011Revenue 2012: $11,315Expenses 2012: $15,586Net Income 2012: -$4,2712012Revenue 2013: $10,391Expenses 2013: $13,069Net Income 2013: -$2,6782013Revenue 2014: $9,182Expenses 2014: $11,050Net Income 2014: -$1,8682014Revenue 2015: $8,515Expenses 2015: $8,689Net Income 2015: -$1742015Revenue 2016: $10,858Expenses 2016: $10,238Net Income 2016: $6202016Revenue 2017: $9,740Expenses 2017: $7,110Net Income 2017: $2,6302017Revenue 2018: $9,220Expenses 2018: $7,474Net Income 2018: $1,7462018Revenue 2020: $10,005Expenses 2020: $3,861Net Income 2020: $6,1442020Revenue 2021: $7,691Expenses 2021: $26,808Net Income 2021: -$19,1172021

Highlighted filing

2021

Revenue$7,691
Expenses$26,808
Net Income-$19,117

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Nov 10, 2021
Signed
Feb 17, 2022
Return Version
2021v4.1
Gross Receipts
$7,691
Mission and Program Overview

Mission

Encourage development & economic growth

Program Services

DescriptionGrantsExpenses
THE CHAMBER DISSEMINATED INFORMATION ON LOCAL EVENTS, RESOURCES AVAILABLE IN TOWN THROUGH MONTHLY MEETINGS, A HOME PAGE, THE INFORMATION BOOTH AND MAILINGS.$0$1,007
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAY MORLEYPresident & Director-$0--
LISA SHANKOVice President & Director-$0--
MARY FOOTE-HILLTreasurer & Director-$0--
PAULA BISHOPSecretary & Director-$0--
RON ELKINDirector-$0--
ANN ORCUTTDirector-$0--
LESLEY SMYTHEDirector-$0--
KERRIE BATESDirector-$0--
RICHARD CIARLETTADirector-$0--
PAULA SAWYERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ipswich Chamber of Commerce Inc
EIN
04-3265019
Phone
9783569055
Address
PO BOX 94, IPSWICH, MA 01938

Signing Officer

Name
Mary Foote-hill
Title
Treasurer
Phone
9783569055
Signed
2022-02-17
Discuss with paid preparer
Yes

Preparer

Firm
Tsoutsouras & Company Pc
Address
78 CENTRAL STREET, IPSWICH, MA 01938
Preparer
John J Tsoutsouras
Phone
9783560332
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: misc dues overpayment. Amount: 2. Description: rent income. Amount: 2,400. Total to form 990-ez, line 8: 2,402.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: web page. Amount: 1,007. Description: advertising. Amount: 459. Description: music town of ipswich. Amount: 2,950. Total to form 990-ez, line 16: 4,416.

Raw XML Appendix172 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/TitleTxt0PRESIDENT & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990ScheduleN/AssetsDistributedInd00
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0MARKET VALUE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: WEB PAGE. AMOUNT: 1,007. DESCRIPTION: ADVERTISING. AMOUNT: 459. DESCRIPTION: MUSIC TOWN OF IPSWICH. AMOUNT: 2,950. TOTAL TO FORM 990-EZ, LINE 16: 4,416.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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