Civic Intelligence

Neponset Valley Chamber of Commerce Inc

990 • Fiscal year 2020 • EIN 04-6068526

Jan 01, 2020 to Dec 31, 2020 • Filed on May 10, 2021

520 Providence Highway No 4Norwood, MA 02062

(781) 769-1126

Siviq Scores

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

Liabilities / Assets

95th percentile

0.80x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

0.17x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

55th percentile

5.7%

Higher net margin than 55% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$82,200

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 32.1% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

99th percentile

1181%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-23%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$55,446

Up $51,119 (+1181%) from 2019

Net Assets

Up

$10,978

Up $14,519 (+410%) from 2019

Liabilities

Up

$44,468

Up $36,600 (+465%) from 2019

Revenue

Down

$255,833

Down $75,987 (-23%) from 2019

Expenses

Down

$241,314

Down $105,801 (-30%) from 2019

Net Income

Up

$14,519

Up $29,814 (+195%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2010: $42,124Liabilities 2010: $6,494Net Assets 2010: $35,6302010Assets 2011: $53,741Liabilities 2011: $18,494Net Assets 2011: $35,2472011Assets 2012: $55,863Liabilities 2012: $23,994Net Assets 2012: $31,8692012Assets 2013: $33,780Liabilities 2013: $23,070Net Assets 2013: $10,7102013Assets 2014: $6,629Liabilities 2014: $5,083Net Assets 2014: $1,5462014Assets 2015: $11,685Liabilities 2015: $17,100Net Assets 2015: -$5,4152015Assets 2016: $3,231Liabilities 2016: $26,770Net Assets 2016: -$23,5392016Assets 2017: $21,311Liabilities 2017: $30,183Net Assets 2017: -$8,8722017Assets 2018: $39,374Liabilities 2018: $27,620Net Assets 2018: $11,7542018Assets 2019: $4,327Liabilities 2019: $7,868Net Assets 2019: -$3,5412019Assets 2020: $55,446Liabilities 2020: $44,468Net Assets 2020: $10,9782020Assets 2021: $71,385Liabilities 2021: $38,500Net Assets 2021: $32,8852021Assets 2022: $97,688Liabilities 2022: $35,756Net Assets 2022: $61,9322022Assets 2023: $106,280Liabilities 2023: $33,000Net Assets 2023: $73,2802023Assets 2024: $116,014Liabilities 2024: $36,000Net Assets 2024: $80,0142024

Highlighted filing

2020

Assets$55,446
Liabilities$44,468
Net Assets$10,978

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $389,7572010Expenses 2011: $403,8532011Expenses 2012: $398,2982012Revenue 2013: $369,935Expenses 2013: $391,094Net Income 2013: -$21,1592013Revenue 2014: $363,941Expenses 2014: $373,105Net Income 2014: -$9,1642014Revenue 2015: $345,071Expenses 2015: $352,032Net Income 2015: -$6,9612015Revenue 2016: $331,769Expenses 2016: $349,893Net Income 2016: -$18,1242016Revenue 2017: $331,181Expenses 2017: $316,513Net Income 2017: $14,6682017Revenue 2018: $324,890Expenses 2018: $304,265Net Income 2018: $20,6252018Revenue 2019: $331,820Expenses 2019: $347,115Net Income 2019: -$15,2952019Revenue 2020: $255,833Expenses 2020: $241,314Net Income 2020: $14,5192020Revenue 2021: $380,399Expenses 2021: $358,492Net Income 2021: $21,9072021Revenue 2022: $300,286Expenses 2022: $271,239Net Income 2022: $29,0472022Revenue 2023: $297,893Expenses 2023: $286,545Net Income 2023: $11,3482023Revenue 2024: $269,573Expenses 2024: $262,839Net Income 2024: $6,7342024

Highlighted filing

2020

Revenue$255,833
Expenses$241,314
Net Income$14,519
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 10, 2021
Return Version
2020v4.1
Gross Receipts
$255,833
Mission and Program Overview

Mission

Helping members grow their businesses and improving the business climate in the region.

Chamber of commerce for member businesses, municipalities and educational institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,327$55,446▲ $51,119
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$4,327$55,446▲ $51,119
Liabilities
Other Liabilities$7,868$44,468▲ $36,600
Total Liabilities$7,868$44,468▲ $36,600
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,541$10,978▲ $14,519
Total Net Assets Fund Balance$-3,541$10,978▲ $14,519
Total Liabilities and Net Assets / Fund Balance$4,327$55,446▲ $51,119

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$37,714$37,714
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
THOMAS O' ROURKEPresidentFT$82,200$82,200

Board Members and Trustees

NameTitle
Robert FerriniChair
Alisia St FlorianPrevious Chair
Anthony BrownDirector
Ashley MansfieldDirector
Christa SeychewDirector
Cynthia PetersonDirector
Jon LevyDirector
Julie MolloyDirector
Mark LovuoloDirector
Mary ChetwyndDirector
Michael KennedyDirector
Michelle LloretDirector
Paul KouriDirector
Peter EllisDirector
Rhonda KaleDirector
Sal PerlaDirector
Steve ForrestDirector
Thomas FlahertyDirector
Tim MccabeDirector
Todd ChipmanDirector
James DonellonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$183,079
Program Service Revenue
$72,754
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,000
Change in Net Assets
$14,519
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$136,885
Other Expenses$104,429
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$82,200
Occupancy---$47,239
Other Salaries and Wages---$36,762
Payroll Taxes---$12,229
All Other Expenses---$7,974
Office Expenses---$6,865
Conferences and Meetings---$4,769
Fees for Services Other---$3,695
Other Expenses---$3,564
Insurance---$3,312
Pension Plan Contributions---$3,088
Other Employee Benefits---$2,606
Travel---$1,068
Interest---$491
Total Functional Expenses$0$0$0$241,314
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loans From Banks$36,468
Deferred Income- Partnerships$8,000
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

The organization has a business relationship with some of the directors who provide services back to the chamber.

Form 990, Part VI, Section A, Line 6

The organization has a board of directors

Form 990, Part VI, Section A, Line 7A

The organization's members vote the new members of the governing body at the annual meeting.

Form 990, Part VI, Section B, Line 11B

A copy of form 990 is reviewed by the financial manager and the president before it is signed.

Form 990, Part VI, Section B, Line 12C

All members of the board of directors fill out a conflict of interest questionnaire annually which is reviewed by the board president. The board president will decide if any conflict exists. Where there is a conflict of interest, that board member is barred from voting or participating in conflicting matters.

Form 990, Part VI, Section B, Line 15A

The compensation of the organization's chief executive officer is approved by the board of directors.

Form 990, Part VI, Section C, Line 19

All documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Neponset Valley Chamber of Commerce
EIN
04-6068526
Phone
7817691126
Address
520 PROVIDENCE HIGHWAY NO 4, NORWOOD, MA 02062
Doing Business As
Neponset River Regional Chamber

Signing Officer

Name
THOMAS J O'ROURKE
Title
President
Phone
7817691126
Signed
2021-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
THOMAS J O'ROURKE
Formed
1988
Legal Domicile
Ma
Voting Board Members
22
Independent Board Members
22
Employees
3
Volunteers
0

Preparer

Firm
Gerald T Reilly & Company
Address
424 ADAMS STREET, MILTON, MA 02186
Preparer
Charles R Kennedy CPA
Phone
6176968900
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0147979
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HELPING MEMBERS GROW THEIR BUSINESSES AND IMPROVING THE BUSINESS CLIMATE IN THE REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-3541
IRS990/NetAssetsOrFundBalancesEOYAmt010978
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-3541
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010978
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt047239
IRS990/OfficeExpensesGrp/TotalAmt06865
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02606
IRS990/OtherExpensesGrp/Desc0INTERNET EXPENSES
IRS990/OtherExpensesGrp/Desc1GOLF TOURNAMENT EXPENSE
IRS990/OtherExpensesGrp/Desc2STRICTLY BUSINSS EXPO E
IRS990/OtherExpensesGrp/Desc3BANK AND CREDIT CARD FE
IRS990/OtherExpensesGrp/TotalAmt014151
IRS990/OtherExpensesGrp/TotalAmt16934
IRS990/OtherExpensesGrp/TotalAmt24367
IRS990/OtherExpensesGrp/TotalAmt33564
IRS990/OtherLiabilitiesGrp/BOYAmt07868
IRS990/OtherLiabilitiesGrp/EOYAmt044468
IRS990/OtherSalariesAndWagesGrp/TotalAmt036762
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt012229
IRS990/PensionPlanContributionsGrp/TotalAmt03088
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0THOMAS J O'ROURKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0NETWORKING PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt070864
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11890
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt070864
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11890
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAMMING INCLUDES BUSINESS NETWORKING EVENTS, SEMINARS ON BUSINESS ISSUES, MEETINGS WITH SPEAKERS ON VARIOUS BUSINESS AND COMMUNITY ISSUES AND AN ANNUAL MEETING.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0203858
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0165333
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0127962
IRS990/PYRevenuesLessExpensesAmt0-15295
IRS990/PYSalariesCompEmpBnftPaidAmt0181782
IRS990/PYTotalExpensesAmt0347115
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0331820
IRS990/ReconcilationRevenueExpnssAmt014519
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0147979
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037714
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037714
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt036468
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOANS FROM BANKS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INCOME- PARTNERSHIPS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt044468
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A BUSINESS RELATIONSHIP WITH SOME OF THE DIRECTORS WHO PROVIDE SERVICES BACK TO THE CHAMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S MEMBERS VOTE THE NEW MEMBERS OF THE GOVERNING BODY AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF FORM 990 IS REVIEWED BY THE FINANCIAL MANAGER AND THE PRESIDENT BEFORE IT IS SIGNED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL MEMBERS OF THE BOARD OF DIRECTORS FILL OUT A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY WHICH IS REVIEWED BY THE BOARD PRESIDENT. THE BOARD PRESIDENT WILL DECIDE IF ANY CONFLICT EXISTS. WHERE THERE IS A CONFLICT OF INTEREST, THAT BOARD MEMBER IS BARRED FROM VOTING OR PARTICIPATING IN CONFLICTING MATTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMPENSATION OF THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04327
IRS990/TotalAssetsEOYAmt055446
IRS990/TotalAssetsGrp/BOYAmt04327
IRS990/TotalAssetsGrp/EOYAmt055446
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0183079
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt0241314
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07868
IRS990/TotalLiabilitiesEOYAmt044468
IRS990/TotalLiabilitiesGrp/BOYAmt07868
IRS990/TotalLiabilitiesGrp/EOYAmt044468
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3541
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010978
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt072754
IRS990/TotalReportableCompFromOrgAmt082200
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt072754
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0255833
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04327
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt055446
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01068
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0520 PROVIDENCE HIGHWAY NO 4
IRS990/USAddress/CityNm0NORWOOD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002062
IRS990/VotingMembersGoverningBodyCnt022
IRS990/VotingMembersIndependentCnt022
IRS990/WebsiteAddressTxt0WWW.NRRCHAMBER.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.16$0.36$0.80$2.70$2.63$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.06$0.33$0.73$2.98$2.87$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.36$0.62$3.00$2.71$0.29
2021Detailed filing. Detailed filing data is available for this year.$0.71$0.39$0.33$3.80$3.58$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.55$0.44$0.11$2.56$2.41$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.08$0.04$3.32$3.47$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.28$0.12$3.25$3.04$0.21
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.30$0.09$3.31$3.17$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.27$0.24$3.32$3.50$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.17$0.05$3.45$3.52$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.05$0.02$3.64$3.73$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.34$0.23$0.11$3.70$3.91$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.24$0.32$3.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.18$0.35$4.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.06$0.36$3.90