Civic Intelligence

Northern Rhode Island Chamber of Commerce

990 • Fiscal year 2017 • EIN 05-0456611

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 07, 2018

Organization ProfileWWW.NRICHAMBER.COM
6 Blackstone Valley Place No 402Lincoln, RI 02865-1105

(401) 334-1000

Siviq Scores

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

Liabilities / Assets

84th percentile

0.44x

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

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

60th percentile

0.12x

Higher debt load relative to revenue than 60% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

55th percentile

5.2%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

87th percentile

$147,740

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 21.3% of source-year revenue.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

90th percentile

36%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

49th percentile

2.5%

Faster revenue growth than 49% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$188,168

Up $49,809 (+36%) from 2016

Net Assets

Up

$105,640

Up $36,201 (+52%) from 2016

Liabilities

Up

$82,528

Up $13,608 (+20%) from 2016

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin55th percentile

Revenue

Up

$694,982

Up $16,895 (+2.5%) from 2016

Expenses

Up

$658,781

Up $12,084 (+1.9%) from 2016

Net Income

Up

$36,201

Up $4,811 (+15%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$800K$600K$400K$200K$0-$200KAssets 2011: $95,842Liabilities 2011: $108,083Net Assets 2011: -$12,2412011Assets 2012: $70,345Liabilities 2012: $43,917Net Assets 2012: $26,4282012Assets 2013: $94,793Liabilities 2013: $73,784Net Assets 2013: $21,0092013Assets 2014: $65,774Liabilities 2014: $66,253Net Assets 2014: -$4792014Assets 2015: $84,120Liabilities 2015: $46,071Net Assets 2015: $38,0492015Assets 2016: $138,359Liabilities 2016: $68,920Net Assets 2016: $69,4392016Assets 2017: $188,168Liabilities 2017: $82,528Net Assets 2017: $105,6402017Assets 2018: $171,019Liabilities 2018: $19,425Net Assets 2018: $151,5942018Assets 2019: $187,448Liabilities 2019: $48,721Net Assets 2019: $138,7272019Assets 2020: $223,433Liabilities 2020: $14,159Net Assets 2020: $209,2742020Assets 2021: $460,378Liabilities 2021: $141,894Net Assets 2021: $318,4842021Assets 2022: $483,495Liabilities 2022: $86,446Net Assets 2022: $397,0492022Assets 2023: $642,444Liabilities 2023: $159,758Net Assets 2023: $482,6862023Assets 2024: $644,938Liabilities 2024: $132,952Net Assets 2024: $511,9862024

Highlighted filing

2017

Assets$188,168
Liabilities$82,528
Net Assets$105,640
Open 2017 Filing

Operations Trend

Revenue Growth49th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $609,759Expenses 2011: $631,726Net Income 2011: -$21,9672011Expenses 2012: $622,0822012Revenue 2013: $617,580Expenses 2013: $622,998Net Income 2013: -$5,4182013Revenue 2014: $630,213Expenses 2014: $651,701Net Income 2014: -$21,4882014Revenue 2015: $645,590Expenses 2015: $607,061Net Income 2015: $38,5292015Revenue 2016: $678,087Expenses 2016: $646,697Net Income 2016: $31,3902016Revenue 2017: $694,982Expenses 2017: $658,781Net Income 2017: $36,2012017Revenue 2018: $715,369Expenses 2018: $669,415Net Income 2018: $45,9542018Revenue 2019: $706,574Expenses 2019: $719,441Net Income 2019: -$12,8672019Revenue 2020: $696,081Expenses 2020: $625,534Net Income 2020: $70,5472020Revenue 2021: $780,872Expenses 2021: $671,662Net Income 2021: $109,2102021Revenue 2022: $942,701Expenses 2022: $864,136Net Income 2022: $78,5652022Revenue 2023: $964,297Expenses 2023: $878,660Net Income 2023: $85,6372023Revenue 2024: $837,867Expenses 2024: $808,567Net Income 2024: $29,3002024

Highlighted filing

2017

Revenue$694,982
Expenses$658,781
Net Income$36,201
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 7, 2018
Return Version
2017v2.2
Gross Receipts
$694,982
Mission and Program Overview

Mission

The northern rhode island chamber of commerce strengthens the economic climate through business leadership that fosters member and community prosperity

The activities reported herein help the northern rhode island chamber commerce to coordinate the common business interests of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$104,206$163,021▲ $58,815
Accounts Receivable$28,753$20,185▼ $8,568
Land, Buildings, and Equipment, Net$5,400$4,200▼ $1,200
Prepaid Expenses and Deferred Charges-$762-
Total Assets$138,359$188,168▲ $49,809
Liabilities
Deferred Revenue$54,300$75,079▲ $20,779
Accounts Payable and Accrued Expenses$14,620$7,449▼ $7,171
Total Liabilities$68,920$82,528▲ $13,608
Net Assets / Fund Balance
Unrestricted Net Assets$69,439$105,640▲ $36,201
Total Net Assets Fund Balance$69,439$105,640▲ $36,201
Total Liabilities and Net Assets / Fund Balance$138,359$188,168▲ $49,809

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,200$102,572$106,772
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseTotal
John C GregoryPresidentFT$147,740$147,740

Board Members and Trustees

NameTitle
Susan FabrizioChair Elect
Ernie a AlmonteChairman of the Board
Mar Ann Shallcross SmithImmediate Past Chair
Michael GamboliLegal Counsel
An LeMember
Anthony BotelhoMember
Carl Lisa SrMember
Charlie CliffordMember
Dan ReaMember
Daniel OrovitzMember
David FontaineMember
David LucierMember
David WegrzynMember
Dennis DejesusMember
Diane FregeauMember
Frank CasaleMember
George CharetteMember
Jeanne Pepin BudnickMember
Jeffrey P CascioneMember
Jennifer MorrisonMember
Jennifer ParkhurstMember
John HouleMember
Johnny Luo MdMember
Joseph K SabettaMember
Junior JabbieMember
Liz CatucciMember
Lori SpanglerMember
Michael a DecataldoMember
Nancy DufresneMember
Peter MarinoMember
Robert StolzmanMember
Robert a ManciniMember
Roger PeloquinMember
Thomas WardMember
Tim ForsbergMember
Timothy FlanaganMember
William HuntMember
Yahaira PlacenciaMember
Craig SculosSecretary
Kevin P TracyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$350,793
Program Service Revenue
$343,890
Investment Income
$299
Other Revenue
$0
Change in Net Assets
$36,201
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$405,937
Other Expenses$252,844
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$344,164
Occupancy---$44,228
All Other Expenses---$34,167
Payroll Taxes---$28,231
Other Employee Benefits---$25,937
Other Expenses---$12,112
Advertising---$9,023
Pension Plan Contributions---$7,605
Office Expenses---$2,380
Travel---$2,242
Fees for Services Accounting---$2,009
Depreciation Depletion---$1,200
Total Functional Expenses$0$0$0$658,781
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Part VI, Section A, Line 6

“The organization goal is to coordinate the common business interest of it members”

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

“The organization elects its new members at its annual member meeting”

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

“The president of the organization presents the 990 tax return to the governing board at the monthly meeting prior to filing the return”

Form 990, Part VI, Section C, Line 19

“The organization makes it governing documents, conflict of interest policy, and financial statements avalable to the public upon request”

Filing and Contact Details

Filer

Filer Name
Northern Rhode Island
EIN
05-0456611
Phone
4013341000
Address
6 BLACKSTONE VALLEY PLACE NO 402, LINCOLN, RI 02865-1105

Signing Officer

Name
John C Gregory
Title
President
Phone
4013341000
Signed
2018-06-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John C Gregory
Formed
1991
Legal Domicile
Ri
Voting Board Members
41
Independent Board Members
41
Employees
5
Volunteers
0

Preparer

Firm
Marcum Llp
Address
155 SOUTH MAIN STREET SUITE 100, PROVIDENCE, RI 02903
Preparer
David Fontaine
Phone
4014576700
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“SPECIAL EVENTS EXPENSES”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“SPECIAL EVENTS EXPENSE”

Raw XML AppendixShowing 400 of 558 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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IRS990/Form990PartVIISectionAGrp/PersonNm17ANTHONY BOTELHO
IRS990/Form990PartVIISectionAGrp/PersonNm18JOHN HOULE
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IRS990/Form990PartVIISectionAGrp/PersonNm20DAVID LUCIER
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IRS990/Form990PartVIISectionAGrp/PersonNm29WILLIAM HUNT
IRS990/Form990PartVIISectionAGrp/PersonNm30TIM FORSBERG
IRS990/Form990PartVIISectionAGrp/PersonNm31THOMAS WARD
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IRS990/Form990PartVIISectionAGrp/PersonNm37CHARLIE CLIFFORD
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IRS990/Form990PartVIISectionAGrp/PersonNm39JENNIFER MORRISON
IRS990/Form990PartVIISectionAGrp/PersonNm40DAN REA
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt5LEGAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt31MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt32MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt33MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt34MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt35MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt36MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt37MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt38MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt39MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt40MEMBER
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IRS990/FormationYr01991
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IRS990/FSAuditedInd00
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IRS990/GamingActivitiesInd00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0THE NORTHERN RHODE ISLAND CHAMBER OF COMMERCE STRENGTHENS THE ECONOMIC CLIMATE THROUGH BUSINESS LEADERSHIP THAT FOSTERS MEMBER AND COMMUNITY PROSPERITY
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IRS990/MoreThan5000KToOrgInd00
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Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$188,168
Liabilities
$82,528
Net assets
$105,640
Revenue
$694,982
Expenses
$658,781
Net income
$36,201
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$1.33$5.12$8.38$8.09$0.29
2023Detailed filing. Detailed filing data is available for this year.$6.42$1.60$4.83$9.64$8.79$0.86
2022Detailed filing. Detailed filing data is available for this year.$4.83$0.86$3.97$9.43$8.64$0.79
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.60$1.42$3.18$7.81$6.72$1.09
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.14$2.09$6.96$6.26$0.71
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.49$1.39$7.07$7.19$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.19$1.52$7.15$6.69$0.46
2017Detailed filing. Detailed filing data is available for this year.$1.88$0.83$1.06$6.95$6.59$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$0.69$0.69$6.78$6.47$0.31
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.46$0.38$6.46$6.07$0.39
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.66$0.00$6.30$6.52$0.21
2013Detailed filing. Detailed filing data is available for this year.$0.95$0.74$0.21$6.18$6.23$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.44$0.26$6.22
2011Summary only. Only limited summary data is available for this year.$0.96$1.08$0.12$6.10$6.32$0.22