Civic Intelligence

Greater Holyoke Chamber

EIN 11-0339109 • 501(c)3 • Holyoke, MA

Profile

To promote adult and family literacy in the holyoke area and to assist in job placement for unemployed community residents in local businesses.

177 High StreetHolyoke, MA 01040

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

38th percentile

-3.3%

Higher net margin than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

16th percentile

-69%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

176%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$6,150

Down $13,560 (-69%) from 2021

Liabilities

Down

$0

Down $7,431 (-100%) from 2021

Net Assets

Down

$6,150

Down $6,129 (-50%) from 2021

Operations
Liabilities / Revenue62nd percentileNet Margin38th percentile

Revenue

Up

$184,010

Up $117,381 (+176%) from 2021

Expenses

Up

$190,139

Up $119,266 (+168%) from 2021

Net Income

Down

-$6,129

Down $1,885 (-44%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $467,000Liabilities 2011: $115,130Net Assets 2011: $351,8702011Assets 2012: $592,041Liabilities 2012: $164,564Net Assets 2012: $427,4772012Assets 2013: $661,592Liabilities 2013: $139,753Net Assets 2013: $521,8392013Assets 2014: $965,678Liabilities 2014: $267,494Net Assets 2014: $698,1842014Assets 2015: $1,165,348Liabilities 2015: $256,533Net Assets 2015: $908,8152015Assets 2016: $797,056Liabilities 2016: $209,500Net Assets 2016: $587,5562016Assets 2017: $686,937Liabilities 2017: $221,283Net Assets 2017: $465,6542017Assets 2018: $418,389Liabilities 2018: $285,908Net Assets 2018: $132,4812018Assets 2019: $93,862Liabilities 2019: $38,010Net Assets 2019: $55,8522019Assets 2020: $23,954Liabilities 2020: $7,431Net Assets 2020: $16,5232020Assets 2021: $19,710Liabilities 2021: $7,431Net Assets 2021: $12,2792021Assets 2022: $6,150Liabilities 2022: $0Net Assets 2022: $6,1502022

Highlighted filing

2022

Assets$6,150
Liabilities$0
Net Assets$6,150
Open 2022 Filing

Operations Trend

Revenue Growth95th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $730,759Expenses 2011: $795,351Net Income 2011: -$64,5922011Revenue 2012: $850,849Expenses 2012: $765,991Net Income 2012: $84,8582012Revenue 2013: $879,532Expenses 2013: $799,002Net Income 2013: $80,5302013Revenue 2014: $60,747Expenses 2014: $86,325Net Income 2014: -$25,5782014Revenue 2015: $1,318,218Expenses 2015: $1,094,567Net Income 2015: $223,6512015Revenue 2016: $854,225Expenses 2016: $1,163,101Net Income 2016: -$308,8762016Revenue 2017: $1,155,916Expenses 2017: $1,305,486Net Income 2017: -$149,5702017Revenue 2018: $749,682Expenses 2018: $1,041,030Net Income 2018: -$291,3482018Revenue 2019: $172,639Expenses 2019: $249,268Net Income 2019: -$76,6292019Revenue 2020: $36,993Expenses 2020: $76,322Net Income 2020: -$39,3292020Revenue 2021: $66,629Expenses 2021: $70,873Net Income 2021: -$4,2442021Revenue 2022: $184,010Expenses 2022: $190,139Net Income 2022: -$6,1292022

Highlighted filing

2022

Revenue$184,010
Expenses$190,139
Net Income-$6,129
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,150
Liabilities
$0
Net assets
$6,150
Revenue
$184,010
Expenses
$190,139
Net income
-$6,129
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.18$0.19$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.07$0.07$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.02$0.04$0.08$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.09$0.04$0.06$0.17$0.25$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.29$0.13$0.75$1.04$0.29
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.22$0.47$1.16$1.31$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.80$0.21$0.59$0.85$1.16$0.31
2015Summary only. Only limited summary data is available for this year.$1.17$0.26$0.91$1.32$1.09$0.22
2014Summary only. Only limited summary data is available for this year.$0.97$0.27$0.70$0.06$0.09$0.03
2013Summary only. Only limited summary data is available for this year.$0.66$0.14$0.52$0.88$0.80$0.08
2012Summary only. Only limited summary data is available for this year.$0.59$0.16$0.43$0.85$0.77$0.08
2011Summary only. Only limited summary data is available for this year.$0.47$0.12$0.35$0.73$0.80$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Aug 19, 2024
Return Version
2021v4.2
Gross Receipts
$184,010
Mission and Program Overview

Mission

The foundation contributes to the economic development and economic vitality of the community by working collaboratively with and in support of the chamber of commerce. It advises chamber members and the broader community by guiding and participating in programs and initiatives related to: - human capital, education and workforce development. - research and strategic planning to guide the chamber of commerce policies related to business needs and economic development of the region. - business education and support for entrepreneurship. - fundraising: finding the resources to achieve chamber objectives and access funding opportunities. - special projects of strategic importance to the business community.

To promote adult and family literacy in the holyoke area and to assist in job placement for unemployed community residents in local businesses.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION CONTRIBUTES TO THE ECONOMIC DEVELOPMENT AND ECONOMIC VITALITY OF THE COMMUNITY BY WORKING COLLABORATIVELY WITH AND IN SUPPORT OF THE CHAMBER OF COMMERCE. IT ADVISES CHAMBER MEMBERS AND THE BROADER COMMUNITY BY GUIDING AND PARTICIPATING IN PROGRAMS AND INITIATIVES RELATED TO: - HUMAN CAPITAL, EDUCATION AND WORKFORCE DEVELOPMENT. - RESEARCH AND STRATEGIC PLANNING TO GUIDE THE CHAMBER OF COMMERCE POLICIES RELATED TO BUSINESS NEEDS AND ECONOMIC DEVELOPMENT OF THE REGION. - BUSINESS EDUCATION AND SUPPORT FOR ENTREPRENEURSHIP. - FUNDRAISING: FINDING THE RESOURCES TO ACHIEVE CHAMBER OBJECTIVES AND ACCESS FUNDING OPPORTUNITIES. - SPECIAL PROJECTS OF STRATEGIC IMPORTANCE TO THE BUSINESS COMMUNITY.$184,010$190,139
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEVIN MCCAFFREYPast Chair-$0--
BRIAN SULLIVANDirector-$0--
CHELSEA FALCETTIDirector-$0--
EILEEN LEAHYDirector-$0--
HELENE FLORIODirector-$0--
JEFFREY HAYDENDirector-$0--
JULIE CHARTIER ROUGHGARDENDirector-$0--
LISA WRAY SCHECTERLEDirector-$0--
MEG SANDERSDirector-$0--
MICHAEL REGANDirector-$0--
MIGUEL RIVERADirector-$0--
NAYROBY ROSA-SORIANODirector-$0--
Filing and Contact Details

Filer

Filer Name
Greater Holyoke Chamber
EIN
11-0339109
Phone
4135343376
Address
177 HIGH STREET, HOLYOKE, MA 01040

Signing Officer

Name
Jordan Hart
Title
Executive Director
Phone
4135343376
Signed
2024-08-19
Discuss with paid preparer
Yes

Preparer

Firm
Whittlesey Pc
Address
14 BOBALA RD, HOLYOKE, MA 01040
Preparer
Thomas Dowling
Phone
4135363970
Supplemental Narrative

Additional Explanations

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

“Description: depreciation expense. Amount: 1,176.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: funds held for others. Beg. Of year amount: 7,431. End of year amount: 0.”

Raw XML Appendix213 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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IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE ADULT AND FAMILY LITERACY IN THE HOLYOKE AREA AND TO ASSIST IN JOB PLACEMENT FOR UNEMPLOYED COMMUNITY RESIDENTS IN LOCAL BUSINESSES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION EXPENSE. AMOUNT: 1,176.
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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/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JORDAN HART
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04135343376
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER HOLYOKE CHAMBER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CENTENNIAL FOUNDATION INC
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ReturnHeader/PreparerPersonGrp/PhoneNum04135363970
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS DOWLING
ReturnHeader/ReturnTs02024-08-20T08:51:59-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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