Greater Newport Chamber of Commerce

“The members of the newport county chamber of commerce are businesses located in newport county, ri. The members do not elect the board of directors or approve decisions of the board of directors. The members do not receive a share of the organization's profits or excess dues or a share of the organization's net assets upon dissolution.”

“The form 990 is prepared by the accounting firm and reviewed by management. Revisions, corrections, etc are made as necessary. Once all are satisfied with the form, it is finalized and a copy is sent to all baord members. No review was or will be conducted by the board.”

“Annually, the board conducts a performance review and evaluation of the executive director. The review also establishes the individual's compensation for the following year. This process involves the evaluation of the individual, and a review of compensation of comparable positions obtained from the 990 similar organizations. The board's deliberation and decision is noted in the minutes of the meeting.”

“The executive director establishes the compensation of the senior management team and reviews the performance evaluations and recommended compensation with the board. The evaluations and compensation are discussed by the board, although no vote of approval of the executive director's decision is required.”

“No documents available to the public”

“The chamber serves the general economic welfare of newport county by promotion of tourism, publishing directories of resources available, developing programs to promote business climate and similar projects.”

“Bank fees 0 282 0 board of directors 0 1,670 0 contributions 0 493 0 credit card fees 0 8,688 0 crm software 0 6,355 0 directory ad sale commissions 112 0 0 discrepancies 0 1 0 filing fee 0 30 0 it/computer 0 9,084 0 membership directory expense 10,422 0 0 mileage reimbursement 0 6,738 0 new member commissions 0 24,665 0 office supplies 0 4,938 0 payroll processing 0 3,356 0 phone,internet,cable 0 8,034 0 postage 0 1,398 0 printing & graphics 0 2,095 0 retention commissions 0 2,314 0 software costs 0 2,383 0 staff development 0 4,013 0 subscriptions 0 3,793 0 temp staff 0 16,427 0 total 10,534 106,757 0”

“Book / tax depreciation difference 7,270”