Civic Intelligence

Northeastern Connecticut Chamber of Commerce Inc

990 • Fiscal year 2020 • EIN 06-0700367

Jan 01, 2020 to Dec 31, 2020 • Filed on May 27, 2021

210 Westcott RoadDanielson, CT 06239

(860) 774-8001

Siviq Scores

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

Liabilities / Assets

85th percentile

0.31x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

85th percentile

0.32x

Higher debt load relative to revenue than 85% of similar nonprofits.

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

Net Margin

52nd percentile

4.5%

Higher net margin than 52% of similar nonprofits.

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

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

34th percentile

-5.8%

Faster asset growth than 34% of similar nonprofits.

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

Revenue Growth

70th percentile

-4.7%

Faster revenue growth than 70% of similar nonprofits.

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

Assets

Down

$397,092

Down $24,306 (-5.8%) from 2019

Net Assets

Up

$274,085

Up $17,298 (+6.7%) from 2019

Liabilities

Down

$123,007

Down $41,604 (-25%) from 2019

Revenue

Down

$381,494

Down $18,679 (-4.7%) from 2019

Expenses

Down

$364,196

Down $34,175 (-8.6%) from 2019

Net Income

Up

$17,298

Up $15,496 (+860%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $211,616Liabilities 2011: $23,614Net Assets 2011: $188,0022011Assets 2012: $202,800Liabilities 2012: $8,110Net Assets 2012: $194,6902012Assets 2013: $241,905Liabilities 2013: $2,713Net Assets 2013: $239,1922013Assets 2014: $219,424Liabilities 2014: $1,084Net Assets 2014: $218,3402014Assets 2015: $352,619Liabilities 2015: $142,037Net Assets 2015: $210,5822015Assets 2016: $357,039Liabilities 2016: $137,624Net Assets 2016: $219,4152016Assets 2017: $353,201Liabilities 2017: $133,939Net Assets 2017: $219,2622017Assets 2018: $396,456Liabilities 2018: $141,471Net Assets 2018: $254,9852018Assets 2019: $421,398Liabilities 2019: $164,611Net Assets 2019: $256,7872019Assets 2020: $397,092Liabilities 2020: $123,007Net Assets 2020: $274,0852020Assets 2021: $432,136Liabilities 2021: $119,437Net Assets 2021: $312,6992021Assets 2022: $424,677Liabilities 2022: $114,361Net Assets 2022: $310,3162022Assets 2023: $400,040Liabilities 2023: $109,933Net Assets 2023: $290,1072023Assets 2024: $417,244Liabilities 2024: $105,879Net Assets 2024: $311,3652024

Highlighted filing

2020

Assets$397,092
Liabilities$123,007
Net Assets$274,085

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $245,801Expenses 2011: $237,052Net Income 2011: $8,7492011Revenue 2012: $270,486Expenses 2012: $263,798Net Income 2012: $6,6882012Revenue 2013: $282,704Expenses 2013: $238,202Net Income 2013: $44,5022013Revenue 2014: $328,165Expenses 2014: $349,017Net Income 2014: -$20,8522014Revenue 2015: $257,664Expenses 2015: $265,422Net Income 2015: -$7,7582015Revenue 2016: $338,673Expenses 2016: $329,840Net Income 2016: $8,8332016Revenue 2017: $322,709Expenses 2017: $322,862Net Income 2017: -$1532017Revenue 2018: $376,595Expenses 2018: $340,872Net Income 2018: $35,7232018Revenue 2019: $400,173Expenses 2019: $398,371Net Income 2019: $1,8022019Revenue 2020: $381,494Expenses 2020: $364,196Net Income 2020: $17,2982020Revenue 2021: $370,840Expenses 2021: $332,226Net Income 2021: $38,6142021Revenue 2022: $360,181Expenses 2022: $362,564Net Income 2022: -$2,3832022Revenue 2023: $424,436Expenses 2023: $444,645Net Income 2023: -$20,2092023Revenue 2024: $423,671Expenses 2024: $402,413Net Income 2024: $21,2582024

Highlighted filing

2020

Revenue$381,494
Expenses$364,196
Net Income$17,298
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 27, 2021
Return Version
2020v4.1
Gross Receipts
$392,614
Mission and Program Overview

Mission

Promotion of positive business conditions in northeastern connecticut by holding various member events in the area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$248,989$255,167▲ $6,178
Savings and Temporary Cash Investments$93,466$95,667▲ $2,201
Cash and Non-Interest-Bearing Accounts$76,512$45,392▼ $31,120
Prepaid Expenses and Deferred Charges$1,565$0▼ $1,565
Total Assets$421,398$397,092▼ $24,306
Other Assets Total$866$866→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$124,681$119,936▼ $4,745
Accounts Payable and Accrued Expenses$2,740$2,221▼ $519
Deferred Revenue$37,190$850▼ $36,340
Total Liabilities$164,611$123,007▼ $41,604
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$256,787$274,085▲ $17,298
Total Net Assets Fund Balance$256,787$274,085▲ $17,298
Total Liabilities and Net Assets / Fund Balance$421,398$397,092▼ $24,306

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$169,185$29,629$198,814
Land$78,332-$78,332
Other Land Buildings$7,640$39,328$46,968
Equipment$10$7,563$7,573
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$235,181
Program Service Revenue
$43,375
Investment Income
$2,209
Other Revenue
$100,729
Change in Net Assets
$17,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$221,298
Salaries, Compensation, and Employee Benefits$140,798
Grants and Similar Amounts Paid$2,100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$127,024
Payroll Taxes---$10,576
Occupancy---$7,937
Depreciation Depletion---$7,812
Advertising---$6,296
Office Expenses---$5,531
Interest---$4,236
Insurance---$3,883
Other Expenses---$3,545
All Other Expenses---$3,544
Pension Plan Contributions---$3,198
Fees for Services Accounting---$2,139
Grants to Domestic Individuals---$2,000
Information Technology---$799
Travel---$545
Grants to Domestic Orgs---$100
Total Functional Expenses$0$0$0$364,196
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,900
Fundraising Direct Expenses$11,120
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$36,825$36,825$11,120$25,705
Tastefully New England Dinner$3,075$3,075-$3,075
Total Events$39,900$39,900$11,120$28,780
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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, Part VI, Section A, Line 6

Local businesses are members of the organization.

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

The return is reviewed by the organization's treasurer before it is signed and mailed.

Form 990, Part VI, Section C, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Northeastern Connecticut Chamber of
EIN
06-0700367
Phone
8607748001
Address
210 WESTCOTT ROAD, DANIELSON, CT 06239

Signing Officer

Name
Donna Copeland
Title
Treasurer
Phone
8607748001
Signed
2021-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn Johnston
Formed
1995
Legal Domicile
Ct
Voting Board Members
28
Independent Board Members
28
Employees
2
Volunteers
0

Preparer

Firm
Daniel R Santos CPA LLC
Address
179 B HARTFORD PIKE, DAYVILLE, CT 06241
Preparer
Daniel R Santos CPA
Phone
8607791522
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17FIRST VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18SECOND VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt011120
IRS990/FundraisingGrossIncomeAmt039900
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt028
IRS990/GovernmentGrantsAmt0139547
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0100
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0392614
IRS990/GrossRentsGrp/RealAmt010200
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt028
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0799
IRS990/InsuranceGrp/TotalAmt03883
IRS990/InterestGrp/TotalAmt04236
IRS990/InvestmentIncomeGrp/ExclusionAmt02209
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02209
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt076520
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0248989
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0255167
IRS990/LandBldgEquipCostOrOtherBssAmt0331687
IRS990/LegalDomicileStateCd0CT
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt095634
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTION OF POSITIVE BUSINESS CONDITIONS IN NORTHEASTERN CONNECTICUT BY HOLDING VARIOUS MEMBER EVENTS IN THE AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0124681
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0119936
IRS990/NetAssetsOrFundBalancesBOYAmt0256787
IRS990/NetAssetsOrFundBalancesEOYAmt0274085
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt028780
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt028780
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt05081
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt010200
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt05119
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0256787
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0274085
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt07937
IRS990/OfficeExpensesGrp/TotalAmt05531
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0866
IRS990/OtherAssetsTotalGrp/EOYAmt0866
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TRAINING GRANT PROGRAM
IRS990/OtherExpensesGrp/Desc1NEWSLETTER & MEMBER DIR
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP PROGRAMS-NET
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES
IRS990/OtherExpensesGrp/TotalAmt0125277
IRS990/OtherExpensesGrp/TotalAmt132378
IRS990/OtherExpensesGrp/TotalAmt217376
IRS990/OtherExpensesGrp/TotalAmt33545
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MEMBERSHIP MAILING LIS
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt061549
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1200
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt061549
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1200
IRS990/OtherRevenueTotalAmt061749
IRS990/OtherSalariesAndWagesGrp/TotalAmt0127024
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt010576
IRS990/PensionPlanContributionsGrp/TotalAmt03198
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01565
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0SHAWN JOHNSTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0NETWORKING & LEADERSHI
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt043375
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt043375
IRS990/ProgSrvcAccomActy2Grp/Desc0MEMBER NETWORKING EVENTS, LEADERSHIP TRAINING SESSIONS AND RELATED EVENTS, AND MEMBERSHIP NEWSLETTER AND DIRECTORY PRINTING AND CIRCULATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0238919
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0271274
IRS990/PYGrantsAndSimilarPaidAmt02000
IRS990/PYInvestmentIncomeAmt01992
IRS990/PYOtherExpensesAmt0247372
IRS990/PYOtherRevenueAmt089846
IRS990/PYProgramServiceRevenueAmt037061
IRS990/PYRevenuesLessExpensesAmt01802
IRS990/PYSalariesCompEmpBnftPaidAmt0148999
IRS990/PYTotalExpensesAmt0398371
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0400173
IRS990/ReconcilationRevenueExpnssAmt017298
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt010200
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt093466
IRS990/SavingsAndTempCashInvstGrp/EOYAmt095667
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.17$1.06$3.11$4.24$4.02$0.21
2023Detailed filing. Detailed filing data is available for this year.$4.00$1.10$2.90$4.24$4.45$0.20
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.25$1.14$3.10$3.60$3.63$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.32$1.19$3.13$3.71$3.32$0.39
2020Detailed filing. Detailed filing data is available for this year.$3.97$1.23$2.74$3.81$3.64$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.21$1.65$2.57$4.00$3.98$0.02
2018Summary only. Only limited summary data is available for this year.$3.96$1.41$2.55$3.77$3.41$0.36
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$1.34$2.19$3.23$3.23$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$1.38$2.19$3.39$3.30$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.53$1.42$2.11$2.58$2.65$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.19$0.01$2.18$3.28$3.49$0.21
2013Summary only. Only limited summary data is available for this year.$2.42$0.03$2.39$2.83$2.38$0.45
2012Summary only. Only limited summary data is available for this year.$2.03$0.08$1.95$2.70$2.64$0.07
2011Summary only. Only limited summary data is available for this year.$2.12$0.24$1.88$2.46$2.37$0.09