Civic Intelligence

Narragansett Chamber of Commerce

EIN 05-0388923 • 501(c)6 • Narragansett, RI

Profile

Dues paying membership organized for the purpose of advocacy, education, and networking among local businesses

P O Box 742Narragansett, RI 02882

www.narragansettcoc.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 2024

Liabilities / Revenue

51st percentile

0.00x

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

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

Net Margin

63rd percentile

7.1%

Higher net margin than 63% of similar nonprofits.

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

Top Officer Pay

88th percentile

$43,335

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 22.1% of source-year revenue.

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

Asset Growth

93rd percentile

65%

Faster asset growth than 93% of similar nonprofits.

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

Revenue Growth

80th percentile

24%

Faster revenue growth than 80% of similar nonprofits.

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

Assets

Up

$35,130

Up $13,834 (+65%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$35,130

Up $13,834 (+65%) from 2023

Revenue

Up

$196,165

Up $37,523 (+24%) from 2023

Expenses

Up

$182,331

Up $3,628 (+2.0%) from 2023

Net Income

Up

$13,834

Up $33,895 (+169%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $14,264Liabilities 2011: $8,8532011Assets 2012: $973Liabilities 2012: $6,7762012Assets 2013: $11,223Liabilities 2013: $5,611Net Assets 2013: $5,6122013Assets 2014: $30,584Liabilities 2014: $1,570Net Assets 2014: $29,0142014Assets 2015: $39,489Liabilities 2015: $5,360Net Assets 2015: $48,1362015Assets 2016: $20,284Liabilities 2016: $390Net Assets 2016: $57,7562016Assets 2017: $28,346Liabilities 2017: $0Net Assets 2017: $71,6922017Assets 2018: $26,305Liabilities 2018: $0Net Assets 2018: $37,0462018Assets 2019: $37,880Liabilities 2019: $0Net Assets 2019: $48,5252019Assets 2020: $33,609Liabilities 2020: $0Net Assets 2020: $34,9122020Assets 2021: $15,027Liabilities 2021: $0Net Assets 2021: $34,3532021Assets 2022: $36,668Liabilities 2022: $0Net Assets 2022: $41,3572022Assets 2023: $21,296Liabilities 2023: $0Net Assets 2023: $21,2962023Assets 2024: $35,130Liabilities 2024: $0Net Assets 2024: $35,1302024

Highlighted filing

2024

Assets$35,130
Liabilities$0
Net Assets$35,130

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $49,991Expenses 2011: $96,814Net Income 2011: -$46,8232011Revenue 2012: $104,871Expenses 2012: $109,898Net Income 2012: -$5,0272012Revenue 2013: $123,077Expenses 2013: $117,322Net Income 2013: $5,7552013Revenue 2014: $92,944Expenses 2014: $68,458Net Income 2014: $24,4862014Revenue 2015: $120,360Expenses 2015: $101,238Net Income 2015: $19,1222015Revenue 2016: $125,727Expenses 2016: $102,100Net Income 2016: $23,6272016Revenue 2017: $153,772Expenses 2017: $101,974Net Income 2017: $51,7982017Revenue 2018: $138,476Expenses 2018: $129,776Net Income 2018: $8,7002018Revenue 2019: $169,495Expenses 2019: $147,275Net Income 2019: $22,2202019Revenue 2020: $142,811Expenses 2020: $145,779Net Income 2020: -$2,9682020Revenue 2021: $169,351Expenses 2021: $168,607Net Income 2021: $7442021Revenue 2022: $198,705Expenses 2022: $172,375Net Income 2022: $26,3302022Revenue 2023: $158,642Expenses 2023: $178,703Net Income 2023: -$20,0612023Revenue 2024: $196,165Expenses 2024: $182,331Net Income 2024: $13,8342024

Highlighted filing

2024

Revenue$196,165
Expenses$182,331
Net Income$13,834

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$1.96$1.82$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$1.59$1.79$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.41$1.99$1.72$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.34$1.69$1.69$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.35$1.43$1.46$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.49$1.69$1.47$0.22
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.37$1.38$1.30$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.72$1.54$1.02$0.52
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.58$1.26$1.02$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.05$0.48$1.20$1.01$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.02$0.29$0.93$0.68$0.24
2013Detailed filing. Detailed filing data is available for this year.$0.11$0.06$0.06$1.23$1.17$0.06
2012Summary only. Only limited summary data is available for this year.$0.01$0.07$1.05$1.10$0.05
2011Summary only. Only limited summary data is available for this year.$0.14$0.09$0.50$0.97$0.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.1
Gross Receipts
$196,165
Mission and Program Overview

Mission

Dues paying membership group organized for the purpose of advocacy[:comma:] education and networking among local businesses.

Dues paying membership organized for the purpose of advocacy, education, and networking among local businesses

Program Services

DescriptionGrantsExpenses
THE ANNUAL CALAMARI FESTIVAL. THIS EVENT CELEBRATES RHODE ISLANDS OFFICIAL STATE APPETIZERS AND BRINGS ATTENTION TO THE TOWNS FISHING PORT AS ONE OF THE LARGEST IN THE UNITED SYTATES IT ALSO PROVIDES ADVERTISING OPPORTUNITES AND BRINGS CUSTOMERS TO MEMBER BUSINESSES$0$0
THE FESTIVAL OF LIGHTS IS AN ANNUAL EVENT HOSTED BY THE CHAMBER WHERE LOCAL BUSINESSES HAVE THE OPPORTUNITY TO SHOWCASE THEIR BUSINESSES AND SELL THEIR CRAFTS JUST IN TIME FOR THE HOLIDAYS$0$0
THE MAIN FOCUS OF THE CHAMBER IS TO SUPPORT ITS MEMBERS.MEMBERS ARE PROVIDED WITH MARKETING ADVOCACY AND NEWTWORKING OPPORTUNITIES THAT HELP STRENGTHEN THEIR BUSINESSES AND GROW REALTIONSHIPS.THESE OPPORTUNITIES ARE PROVIDED TO THEM THROUGH EVENETS, WEBSITES, SOCIAL MEDIA, AND FACE TO FACE PROMOTION WITH DAILY VISITORS AND TOURISTS ENTERING THE OFFICE$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARET FRADETTEExecutive DirectorFT$43,335-$43,335
KAPRECE RANSAWCo-Chair-$0--
AMY NEWMANCo-Chair-$0--
MEG SISCOSecretary-$0--
NICHOLAS DESOUSATreasurer-$0--
RICHARD FUKADirector-$0--
PATRICIA SYLVIADirector-$0--
ROBERT LEONARDDirector-$0--
MARISA SPRAGUEDirector-$0--
ERIK RYANDirector-$0--
PATRICIA GOLDSTEINDirector-$0--
AMY MARCELLODirector-$0--
Filing and Contact Details

Filer

Filer Name
Narragansett Chamber of Commerce
EIN
05-0388923
Phone
4017837121
Address
P O BOX 742, NARRAGANSETT, RI 02882

Signing Officer

Name
Margaret S Fradette
Title
Executive Director
Phone
4017837121
Signed
2025-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Pascarella & Gill Pc
Address
200 CENTERVILLE ROAD STE 6, WARWICK, RI 02886
Preparer
Stephen E Pascarella Ii
Phone
4013318806
Supplemental Narrative

Additional Explanations

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

Description: PROMOTIONAL AND ADVERTISING. Amount: 38,900.

Raw XML Appendix167 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum04017837121
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NARRAGANSETT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARGARET FRADETTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAPRECE RANSAW
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11AMY MARCELLO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CO-CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt038900
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0DUES PAYING MEMBERSHIP ORGANIZED FOR THE PURPOSE OF ADVOCACY, EDUCATION, AND NETWORKING AMONG LOCAL BUSINESSES
IRS990EZ/PrintingPublicationsPostageAmt012619
IRS990EZ/ProgramServiceRevenueAmt0132545
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ANNUAL CALAMARI FESTIVAL. THIS EVENT CELEBRATES RHODE ISLANDS OFFICIAL STATE APPETIZERS AND BRINGS ATTENTION TO THE TOWNS FISHING PORT AS ONE OF THE LARGEST IN THE UNITED SYTATES IT ALSO PROVIDES ADVERTISING OPPORTUNITES AND BRINGS CUSTOMERS TO MEMBER BUSINESSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE FESTIVAL OF LIGHTS IS AN ANNUAL EVENT HOSTED BY THE CHAMBER WHERE LOCAL BUSINESSES HAVE THE OPPORTUNITY TO SHOWCASE THEIR BUSINESSES AND SELL THEIR CRAFTS JUST IN TIME FOR THE HOLIDAYS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE MAIN FOCUS OF THE CHAMBER IS TO SUPPORT ITS MEMBERS.MEMBERS ARE PROVIDED WITH MARKETING ADVOCACY AND NEWTWORKING OPPORTUNITIES THAT HELP STRENGTHEN THEIR BUSINESSES AND GROW REALTIONSHIPS.THESE OPPORTUNITIES ARE PROVIDED TO THEM THROUGH EVENETS, WEBSITES, SOCIAL MEDIA, AND FACE TO FACE PROMOTION WITH DAILY VISITORS AND TOURISTS ENTERING THE OFFICE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0RI
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0182331
IRS990EZ/TotalRevenueAmt0196165
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.NARRAGANSETTCOC.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: PROMOTIONAL AND ADVERTISING. Amount: 38,900.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
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.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARGARET S FRADETTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04017837121
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NARRAGANSETT CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0NARR
ReturnHeader/Filer/EIN0050388923
ReturnHeader/Filer/PhoneNum04017837121
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 742
ReturnHeader/Filer/USAddress/CityNm0NARRAGANSETT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002882
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203879195
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PASCARELLA & GILL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 CENTERVILLE ROAD STE 6
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WARWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002886
ReturnHeader/PreparerPersonGrp/PhoneNum04013318806
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN E PASCARELLA II
ReturnHeader/ReturnTs02025-05-13T09:40:36-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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