Civic Intelligence

Greater Lawrence Chamber Foundation Inc

EIN 22-2585654 • 501(c)3 • Lawrence, MA

Profile

Expenses incurred in conducting various functions to augment the support services of the local communities.

264 Essex StreetLawrence, MA 01840

n/A

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

98th percentile

100%

Higher net margin than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

88th percentile

54%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2018

Revenue Growth

Score unavailable

No value available

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

Annualized from 2015 to 2018

Assets

Up

$43,397

Up $31,544 (+266%) from 2015

Liabilities

Flat

$195

Flat from 2015

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Up

$32,759

Up $32,759 from 2015

Expenses

Up

$115

Up $65 (+130%) from 2015

Net Income

Up

$32,644

Up $32,694 (+65388%) from 2015

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $22,076Liabilities 2011: $1,225Net Assets 2011: $20,8512011Assets 2012: $19,785Liabilities 2012: $1,225Net Assets 2012: $18,5602012Assets 2013: $15,291Liabilities 2013: $2252013Assets 2014: $11,933Liabilities 2014: $225Net Assets 2014: $11,7082014Assets 2015: $11,853Liabilities 2015: $195Net Assets 2015: $11,6582015Assets 2018: $43,397Liabilities 2018: $1952018

Highlighted filing

2018

Assets$43,397
Liabilities$195
Net Assets-

Operations Trend

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

$40K$30K$20K$10K$0-$10KRevenue 2011: $7,306Expenses 2011: $12,272Net Income 2011: -$4,9662011Revenue 2012: $2,175Expenses 2012: $4,466Net Income 2012: -$2,2912012Revenue 2013: $1,009Expenses 2013: $4,503Net Income 2013: -$3,4942013Revenue 2014: $30Expenses 2014: $1,903Net Income 2014: -$1,8732014Revenue 2015: $0Expenses 2015: $50Net Income 2015: -$502015Revenue 2018: $32,759Expenses 2018: $115Net Income 2018: $32,6442018

Highlighted filing

2018

Revenue$32,759
Expenses$115
Net Income$32,644

Filings

Latest Detailed Filing

The latest 2018 filing currently has summary financial data only. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 8, 2016
Return Version
2015v2.1
Gross Receipts
$0
Mission and Program Overview

Mission

Expenses incurred in conducting various functions to augment the support services of the local communities.

To develop and promote education and business activities of the merrimack valley community.

Program Services

DescriptionGrantsExpenses
EXPENSES INCURRED IN CONDUCTING VARIOUS FUNCTIONS TO AUGMENT THE SUPPORT SERVICES OF THE LOCAL COMMUNITIES$0$50
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SALVATORE LUPOLIPresident-$0--
PETER J MATTHEWS JRTreasurer-$0--
ATTORNEY ROBERT LAVOIEClerk-$0--
DIANNE ANDERSONDirector-$0--
WILFRED CARPENTERDirector-$0--
DR LANE GLENNDirector-$0--
KIMBERLY ABAREDirector-$0--
JANE WALSHDirector-$0--
CAL WILLIAMSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Merrimack Valley Chamber Foundation Inc
EIN
22-2585654
Phone
9786869407
Address
264 ESSEX STREET, LAWRENCE, MA 01840

Signing Officer

Name
Salvatore Lupoli
Title
President
Phone
9786869407
Signed
2016-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
21 EAST MAIN STREET, WESTBORO, MA 01581
Preparer
Jeffrey Cicolini CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

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

Description: miscellaneous program expense. Amount: 50.

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

Description: lawrence courthouse reserve. Beg. Of year amount: 225. End of year amount: 195.

Raw XML Appendix182 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISCELLANEOUS PROGRAM EXPENSE. AMOUNT: 50.
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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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SALVATORE LUPOLI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09786869407
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MERRIMACK VALLEY CHAMBER FOUNDATION INC
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ReturnHeader/Filer/EIN0222585654
ReturnHeader/Filer/PhoneNum09786869407
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ReturnHeader/ReturnTs02016-11-14T06:54:38-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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