Civic Intelligence

East Greenwich Chamber of Commerce

EIN 05-0357836 • 501(c)6 • East Greenwich, RI

Profile

To promote and enhance business development through free enterprise and by fostering cooperation between business, government and the community.

580 Main StreetEast Greenwich, RI 02818

www.eastgreenwichchamber.com

Siviq Scores

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

Liabilities / Assets

100th percentile

23.93x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.19x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

53rd percentile

2.1%

Higher net margin than 53% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

90th percentile

44%

Faster asset growth than 90% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

-1.2%

Faster revenue growth than 48% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets100th percentile

Assets

Up

$2,510

Up $765 (+44%) from 2023

Liabilities

Down

$60,070

Down $5,928 (-9.0%) from 2023

Net Assets

Up

-$57,560

Up $6,693 (+10%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin53rd percentile

Revenue

Down

$324,092

Down $4,077 (-1.2%) from 2023

Expenses

Down

$317,399

Down $49,733 (-14%) from 2023

Net Income

Up

$6,693

Up $45,656 (+117%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

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

$100K$50K$0-$50K-$100KAssets 2012: $38,005Liabilities 2012: $35,233Net Assets 2012: $2,7722012Assets 2013: $35,261Liabilities 2013: $43,394Net Assets 2013: -$8,1332013Assets 2014: $25,910Liabilities 2014: $50,199Net Assets 2014: -$24,2892014Assets 2015: $31,868Liabilities 2015: $53,978Net Assets 2015: -$22,1102015Assets 2016: $17,807Liabilities 2016: $58,187Net Assets 2016: -$40,3802016Assets 2017: $12,104Liabilities 2017: $51,396Net Assets 2017: -$39,2922017Assets 2018: $7,715Liabilities 2018: $46,769Net Assets 2018: -$39,0542018Assets 2019: $4,507Liabilities 2019: $25,789Net Assets 2019: -$21,2822019Assets 2020: $23,006Liabilities 2020: $32,975Net Assets 2020: -$9,9692020Assets 2021: $27,966Liabilities 2021: $28,000Net Assets 2021: -$342021Assets 2022: $16,291Liabilities 2022: $41,581Net Assets 2022: -$25,2902022Assets 2023: $1,745Liabilities 2023: $65,998Net Assets 2023: -$64,2532023Assets 2024: $2,510Liabilities 2024: $60,070Net Assets 2024: -$57,5602024

Highlighted filing

2024

Assets$2,510
Liabilities$60,070
Net Assets-$57,560
Open 2024 Filing

Operations Trend

Revenue Growth48th percentile

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

$400K$200K$0-$200KExpenses 2012: $177,2692012Revenue 2013: $230,937Expenses 2013: $241,842Net Income 2013: -$10,9052013Revenue 2014: $226,176Expenses 2014: $242,332Net Income 2014: -$16,1562014Revenue 2015: $272,577Expenses 2015: $270,398Net Income 2015: $2,1792015Revenue 2016: $250,389Expenses 2016: $268,659Net Income 2016: -$18,2702016Revenue 2017: $269,301Expenses 2017: $268,213Net Income 2017: $1,0882017Revenue 2018: $287,871Expenses 2018: $287,633Net Income 2018: $2382018Revenue 2019: $294,670Expenses 2019: $276,898Net Income 2019: $17,7722019Revenue 2020: $232,517Expenses 2020: $221,204Net Income 2020: $11,3132020Revenue 2021: $301,892Expenses 2021: $291,957Net Income 2021: $9,9352021Revenue 2022: $336,793Expenses 2022: $362,049Net Income 2022: -$25,2562022Revenue 2023: $328,169Expenses 2023: $367,132Net Income 2023: -$38,9632023Revenue 2024: $324,092Expenses 2024: $317,399Net Income 2024: $6,6932024

Highlighted filing

2024

Revenue$324,092
Expenses$317,399
Net Income$6,693
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,510
Liabilities
$60,070
Net assets
-$57,560
Revenue
$324,092
Expenses
$317,399
Net income
$6,693
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.60$0.58$3.24$3.17$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.02$0.66$0.64$3.28$3.67$0.39
2022Detailed filing. Detailed filing data is available for this year.$0.16$0.42$0.25$3.37$3.62$0.25
2021Detailed filing. Detailed filing data is available for this year.$0.28$0.28$0.00$3.02$2.92$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.33$0.10$2.33$2.21$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.05$0.26$0.21$2.95$2.77$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.47$0.39$2.88$2.88$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.51$0.39$2.69$2.68$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.58$0.40$2.50$2.69$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.32$0.54$0.22$2.73$2.70$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.50$0.24$2.26$2.42$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.43$0.08$2.31$2.42$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.35$0.03$1.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.0
Gross Receipts
$324,092
Mission and Program Overview

Mission

To promote and enhance business development through free enterprise and by fostering cooperation between business, government and the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$1,793-
Other Notes and Loans Receivable, Net$1,000--
Land, Buildings, and Equipment, Net$745$717▼ $28
Total Assets$1,745$2,510▲ $765
Liabilities
Other Liabilities$65,998$60,070▼ $5,928
Total Liabilities$65,998$60,070▼ $5,928
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-64,253$-57,560▲ $6,693
Total Net Assets Fund Balance$-64,253$-57,560▲ $6,693
Total Liabilities and Net Assets / Fund Balance$1,745$2,510▲ $765
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Mike MancusoPresident
Mick TedescoPresident-el
Andrew NotaDirector
Angela BiedermanDirector
Carmine DelucaDirector
Dr Devon BarleyDirector
Greg CaldaroneDirector
Holly FerraraDirector
Santosh ShanbagDirector
Steven KitchinDirector
Thomas StencalDirector
Patricia RaskinSecretary
Joseph HindleTreasurer
Andrea KaplanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$168,297
Program Service Revenue
$155,795
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$6,693
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$159,865
Other Expenses$157,534
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$144,225--$144,225
Fees for Services Other$97,479--$97,479
Occupancy$17,212--$17,212
Payroll Taxes$12,040--$12,040
Conferences and Meetings$8,495--$8,495
Information Technology$5,829--$5,829
Office Expenses$5,173--$5,173
Other Employee Benefits$3,600--$3,600
Interest$3,414--$3,414
Fees for Services Legal-$3,400-$3,400
Insurance$2,790--$2,790
Travel$1,988--$1,988
Advertising$360--$360
Other Expenses$288--$288
Depreciation Depletion$28--$28
Total Functional Expenses$313,999$3,400$0$317,399
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$30,347
Gift Certificates Payable$24,936
Credit Card Payable$4,787
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
East Greenwich Chamber of Commerce
EIN
05-0357836
Phone
4018850020
Address
580 MAIN STREET, EAST GREENWICH, RI 02818

Signing Officer

Name
Stephen Lombardi
Title
Exec Director
Phone
4018850020
Signed
2025-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Lombardi
Voting Board Members
15
Independent Board Members
15
Employees
11

Preparer

Firm
Digennaro & Palumbo Llp
Address
117 METRO CENTER BLVD STE 2007, WARWICK, RI 02886
Preparer
Richard V Digennaro CPA
Phone
4018851000
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“To promote and enhance business development through free enterprise and by fostering cooperation between business, government and the community.”

Form 990, Part IX, Line 11G

“Program expenses 97,479 0 0”

Raw XML Appendix353 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN LOMBARDI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC DIRECTOR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-31
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIGENNARO & PALUMBO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0117 METRO CENTER BLVD STE 2007
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002886
ReturnHeader/PreparerPersonGrp/PhoneNum04018851000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD V DIGENNARO CPA
ReturnHeader/ReturnTs02025-11-05T10:37:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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