Civic Intelligence

Farmington Chamber of Commerce Inc

EIN 06-6080381 • 501(c)6 • Bristol, CT

Profile

The purpose of this organization shall be to advance the civic, economic, cultural, and social interests of farmington, ct

440 North Main StBristol, CT 06010

www.farmingtonvalleychamber.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

100th percentile

19836%

Higher net margin than 100% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $80,535 (-100%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $80,535 (-100%) from 2020

Operations
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$406

Down $27,299 (-102%) from 2020

Expenses

Up

$80,128

Up $42,083 (+111%) from 2020

Net Income

Down

-$80,534

Down $69,382 (-622%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth8th percentile

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

$150K$100K$50K$0Assets 2012: $100,966Liabilities 2012: $19,2282012Assets 2013: $103,293Liabilities 2013: $17,2812013Assets 2014: $85,860Liabilities 2014: $19,5122014Assets 2015: $84,144Liabilities 2015: $5002015Assets 2016: $76,363Liabilities 2016: $02016Assets 2017: $64,706Liabilities 2017: $0Net Assets 2017: $64,7062017Assets 2018: $64,690Liabilities 2018: $0Net Assets 2018: $64,6902018Assets 2019: $91,687Liabilities 2019: $0Net Assets 2019: $91,6872019Assets 2020: $80,535Liabilities 2020: $0Net Assets 2020: $80,5352020Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities-
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50K-$100KRevenue 2012: $49,946Expenses 2012: $57,042Net Income 2012: -$7,0962012Revenue 2013: $52,098Expenses 2013: $47,824Net Income 2013: $4,2742013Revenue 2014: $39,673Expenses 2014: $59,337Net Income 2014: -$19,6642014Revenue 2015: $77,089Expenses 2015: $59,793Net Income 2015: $17,2962015Revenue 2016: $52,786Expenses 2016: $60,297Net Income 2016: -$7,5112016Revenue 2017: $43,124Expenses 2017: $54,781Net Income 2017: -$11,6572017Revenue 2018: $50,625Expenses 2018: $50,641Net Income 2018: -$162018Revenue 2019: $60,421Expenses 2019: $33,424Net Income 2019: $26,9972019Revenue 2020: $26,893Expenses 2020: $38,045Net Income 2020: -$11,1522020Revenue 2021: -$406Expenses 2021: $80,128Net Income 2021: -$80,5342021

Highlighted filing

2021

Revenue-$406
Expenses$80,128
Net Income-$80,534
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
-$406
Expenses
$80,128
Net income
-$80,534
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.80$0.81
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.27$0.38$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.60$0.33$0.27
2018Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.51$0.51$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.43$0.55$0.12
2016Summary only. Only limited summary data is available for this year.$0.76$0.00$0.53$0.60$0.08
2015Summary only. Only limited summary data is available for this year.$0.84$0.01$0.77$0.60$0.17
2014Summary only. Only limited summary data is available for this year.$0.86$0.20$0.40$0.59$0.20
2013Summary only. Only limited summary data is available for this year.$1.03$0.17$0.52$0.48$0.04
2012Summary only. Only limited summary data is available for this year.$1.01$0.19$0.50$0.57$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Jun 30, 2021
Return Version
2020v4.0
Gross Receipts
$94
Mission and Program Overview

Mission

The purpose of this organization shall be to advance the civic, economic, cultural, and social interests of farmington, ct

Program Services

DescriptionGrantsExpenses
THE PURPOSE OF THIS ORGANIZATION SHALL BE TO ADVANCE THE CIVIC, ECONOMIC, CULTURAL, AND SOCIAL INTERESTS OF FARMINGTON.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILIP CHABOTPresident-$0--
MARC ROMANOWVice Preside-$0--
ALICE SAWYERSecretary-$0--
CHRISTINE SMITHTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Farmington Chamber of Commerce Inc
EIN
06-6080381
Phone
8605844718
Address
440 NORTH MAIN ST, BRISTOL, CT 06010

Signing Officer

Name
Philip Chabot
Title
President
Phone
8605844718
Signed
2021-06-30
Discuss with paid preparer
Yes

Preparer

Firm
Bengtson & Smith Pc
Address
10 WATERSIDE DR STE 304, FARMINGTON, CT 06032-3056
Preparer
Christine Smith
Phone
8606785160
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Central ct chambers of commerce administrative fees 58,604 440 north main street bristol ct 06010”

Form 990-ez, Part I, Line 16

“Expenses advertising 330 scholarship expense 18,000 bank charges 564 annual reports 50 insurance 1,280 total 20,224”

Form 990-ez, Part III

“The purpose of this organization shall be to advance the civic, economic, cultural, and social interests of farmington, ct”

Raw XML Appendix118 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0PHILIP CHABOT
CompensationExplanation/CompensationExplanationGrp/PersonNm1MARC ROMANOW
CompensationExplanation/CompensationExplanationGrp/PersonNm2ALICE SAWYER
CompensationExplanation/CompensationExplanationGrp/PersonNm3CHRISTINE SMITH
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FARMINGTON CHAMBER OF COMMERCE
IRS990EZ/BooksInCareOfDetail/PhoneNum08605844718
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0440 NORTH MAIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRISTOL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006010
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt080534
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-80534
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01300
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt080534
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt058604
IRS990EZ/GrossReceiptsAmt094
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt094
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt080534
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt080534
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHILIP CHABOT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARC ROMANOW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALICE SAWYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRISTINE SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt020224
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THIS ORGANIZATION SHALL BE TO ADVANCE THE CIVIC, ECONOMIC, CULTURAL, AND SOCIAL INTERESTS OF FARMINGTON, CT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PURPOSE OF THIS ORGANIZATION SHALL BE TO ADVANCE THE CIVIC, ECONOMIC, CULTURAL, AND SOCIAL INTERESTS OF FARMINGTON.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt0500
IRS990EZ/SpecialEventsNetIncomeLossAmt0-500
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt080128
IRS990EZ/TotalRevenueAmt0-406
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FARMINGTONVALLEYCHAMBER.COM
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0FUNDS TRANFER
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02021-05-28
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt057103
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501C3
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0CENTRAL CT CHAMBERS OF COMMERCE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0440 NORTH MAIN STREET
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0BRISTOL
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0CT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd006010
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CENTRAL CT CHAMBERS OF COMMERCE ADMINISTRATIVE FEES 58,604 440 NORTH MAIN STREET BRISTOL CT 06010
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 330 SCHOLARSHIP EXPENSE 18,000 BANK CHARGES 564 ANNUAL REPORTS 50 INSURANCE 1,280 TOTAL 20,224
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PURPOSE OF THIS ORGANIZATION SHALL BE TO ADVANCE THE CIVIC, ECONOMIC, CULTURAL, AND SOCIAL INTERESTS OF FARMINGTON, CT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILIP CHABOT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08605844718
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FARMINGTON CHAMBER OF COMMERCE INC
ReturnHeader/Filer/BusinessNameControlTxt0FARM
ReturnHeader/Filer/EIN0066080381
ReturnHeader/Filer/PhoneNum08605844718
ReturnHeader/Filer/USAddress/AddressLine1Txt0440 NORTH MAIN ST
ReturnHeader/Filer/USAddress/CityNm0BRISTOL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006010
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061012544
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BENGTSON & SMITH PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 WATERSIDE DR STE 304
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FARMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0060323056
ReturnHeader/PreparerPersonGrp/PhoneNum08606785160
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE SMITH
ReturnHeader/ReturnTs02021-07-19T08:28:20-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PHILIP
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHABOT
ReturnHeader/TaxPeriodBeginDt02020-06-01
ReturnHeader/TaxPeriodEndDt02021-05-31
ReturnHeader/TaxYr02020

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