Civic Intelligence

Ocean Grove Area Chamber of Commerce

EIN 22-2761536 • 501(c)4 • Ocean Grove, NJ

Profile

The chamber had over 100 business dues paying members. The chamber held 6 fee generating events plus several other to promote the area. With over 800 participants. They also supported other organizations and events in the town for community well being.

39 Pilgrim PathwayOcean Grove, NJ 07756

www.oceangrovenj.com

Siviq Scores

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

Liabilities / Assets

90th percentile

0.46x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.12x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

34th percentile

-6.8%

Higher net margin than 34% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$61,202

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 48.1% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

20th percentile

-35%

Faster asset growth than 20% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

-0.3%

Faster revenue growth than 51% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$32,993

Down $17,874 (-35%) from 2023

Liabilities

Down

$15,219

Down $9,309 (-38%) from 2023

Net Assets

Down

$17,774

Down $8,565 (-33%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin34th percentile

Revenue

Down

$127,365

Down $373 (-0.3%) from 2023

Expenses

Up

$136,061

Up $9,164 (+7.2%) from 2023

Net Income

Down

-$8,696

Down $9,537 (-1134%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

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

$100K$50K$0-$50KAssets 2010: $24,517Liabilities 2010: $2,297Net Assets 2010: $22,2202010Assets 2011: $21,431Liabilities 2011: $1,452Net Assets 2011: $19,9792011Assets 2012: $10,733Liabilities 2012: $2,1272012Assets 2013: $26,530Liabilities 2013: $3,4702013Assets 2014: $46,955Liabilities 2014: $1,9182014Assets 2015: $46,223Liabilities 2015: $1,3262015Assets 2016: $50,518Liabilities 2016: $1,576Net Assets 2016: $48,9422016Assets 2017: $60,803Liabilities 2017: $506Net Assets 2017: $60,2972017Assets 2018: $58,447Liabilities 2018: $599Net Assets 2018: $57,8482018Assets 2019: $64,839Liabilities 2019: $3,940Net Assets 2019: $60,8992019Assets 2020: $79,317Liabilities 2020: $51,646Net Assets 2020: $27,6712020Assets 2021: $57,179Liabilities 2021: $52,301Net Assets 2021: $4,8782021Assets 2022: $50,766Liabilities 2022: $58,012Net Assets 2022: -$7,2462022Assets 2023: $50,867Liabilities 2023: $24,528Net Assets 2023: $26,3392023Assets 2024: $32,993Liabilities 2024: $15,219Net Assets 2024: $17,7742024

Highlighted filing

2024

Assets$32,993
Liabilities$15,219
Net Assets$17,774
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $102,629Expenses 2010: $109,645Net Income 2010: -$7,0162010Revenue 2011: $147,589Expenses 2011: $149,830Net Income 2011: -$2,2412011Revenue 2012: $103,351Expenses 2012: $114,724Net Income 2012: -$11,3732012Revenue 2013: $115,913Expenses 2013: $101,459Net Income 2013: $14,4542013Revenue 2014: $133,638Expenses 2014: $111,661Net Income 2014: $21,9772014Revenue 2015: $141,748Expenses 2015: $141,888Net Income 2015: -$1402015Revenue 2016: $123,708Expenses 2016: $119,663Net Income 2016: $4,0452016Revenue 2017: $118,448Expenses 2017: $107,093Net Income 2017: $11,3552017Revenue 2018: $132,397Expenses 2018: $134,846Net Income 2018: -$2,4492018Revenue 2019: $127,942Expenses 2019: $124,891Net Income 2019: $3,0512019Revenue 2020: $78,493Expenses 2020: $111,721Net Income 2020: -$33,2282020Revenue 2021: $85,388Expenses 2021: $108,181Net Income 2021: -$22,7932021Revenue 2022: $108,142Expenses 2022: $115,213Net Income 2022: -$7,0712022Revenue 2023: $127,738Expenses 2023: $126,897Net Income 2023: $8412023Revenue 2024: $127,365Expenses 2024: $136,061Net Income 2024: -$8,6962024

Highlighted filing

2024

Revenue$127,365
Expenses$136,061
Net Income-$8,696
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,993
Liabilities
$15,219
Net assets
$17,774
Revenue
$127,365
Expenses
$136,061
Net income
-$8,696
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.33$0.15$0.18$1.27$1.36$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.25$0.26$1.28$1.27$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.51$0.58$0.07$1.08$1.15$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.57$0.52$0.05$0.85$1.08$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.79$0.52$0.28$0.78$1.12$0.33
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.04$0.61$1.28$1.25$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.01$0.58$1.32$1.35$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.61$0.01$0.60$1.18$1.07$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.02$0.49$1.24$1.20$0.04
2015Summary only. Only limited summary data is available for this year.$0.46$0.01$1.42$1.42$0.00
2014Summary only. Only limited summary data is available for this year.$0.47$0.02$1.34$1.12$0.22
2013Summary only. Only limited summary data is available for this year.$0.27$0.03$1.16$1.01$0.14
2012Summary only. Only limited summary data is available for this year.$0.11$0.02$1.03$1.15$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.01$0.20$1.48$1.50$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.02$0.22$1.03$1.10$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$159,853
Mission and Program Overview

Mission

The chamber had over 100 business dues paying members. The chamber held 6fee generating events plus several others to promote the area.with over 800 partricipants. They also supported otherorganizations and evebts in the town for community well being.

The chamber had over 100 business dues paying members. The chamber held 6 fee generating events plus several other to promote the area. With over 800 participants. They also supported other organizations and events in the town for community well being.

Program Services

DescriptionGrantsExpenses
THE CHAMBER HAD 90 BUSINESS DUES PAYING MEMBERS. THE CHAMBER HELD 6 FEE GENERATING EVENTS PLUS SEVERAL OTHERS TO PORMOTE THE AREA WITH OVER 800 PARTICIPANTS. THEY ALSO SUPPORTED OTHER ORGANIZATIONS AND EVENTS IN THE TOWN FOR COMMUNITY WELL BEING.-$32,488
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSICA THOMPSONExecutive DirectorFT$61,202-$61,202
REBECCA CAVANAUGHPas Exec DirecFT$0--
LAURA CHECKIPresidentPT$0--
VALERIE GREENVice PresidentPT$0--
LINDA DOUSISTreasurerPT$0--
CAROL BERNARDRec SecretaryPT$0--
DAVID FERNICOLACorr SecretaryPT$0--
PETE BURBELAPast PresidentPT$0--
JANE CASALEBoard MemberPT$0--
MICHELE DEROSEBoard MemberPT$0--
GUS GOODWINBoard MemeberPT$0--
STEVE MANDEVILLEBoard MemberPT$0--
LAURA MASSAROBoard MemberPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Flea Market Spring$58,839$58,839$32,488$26,351
Flea Market Fall$49,425$49,425-$49,425
Total Events$147,884$147,884$32,488$115,396
Filing and Contact Details

Filer

Filer Name
Ocean Grove Area Chamber of Commerce
EIN
22-2761536
Phone
7327741391
Address
39 PILGRIM PATHWAY, OCEAN GROVE, NJ 07756

Signing Officer

Name
Jessica Thompson
Title
Executive Director
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Adeptus Advisors LLC
Address
244 WEST 54TH STREET 9TH FLOOR, NEW YORK, NY 10019
Preparer
Howard S Krant
Phone
2127588050
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Sponsorship revenue $2725”

Other Expenses.1001

“Advertising and Promotion $10038”

Other Expenses.1002

“Office Expenses $4565”

Other Expenses.1007

“Conferences, Conventions, and Meetings $105”

Other Expenses.1008

“Interest $72”

Other Expenses.1012

“Insurance $6714”

Other Expenses.1

“CONTRACT LABOR $5218”

Other Expenses.3

“Merchant service fees $1845”

Other Expenses.4

“Payroll preparation $1243”

Other Expenses.5

“BANK CHARGES $503”

Other Expenses.6

“MISCELLANEOUS $100”

Other Expenses.7

“Computer and internet $69”

Other Expenses.8

“License & permits fees $31”

Other Assets.1

“ELECTRIC DEPOSIT - Beginning $154 ELECTRIC DEPOSIT - Ending $154”

Other Assets.2

“SECURITY DEPOSIT - Beginning $2800 SECURITY DEPOSIT - Ending $100”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $100 Accounts Payable and Accrued Expenses - Ending $0”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $23972 Unsecured Notes and Loans Payable - Ending $14763”

Total Liabilities.1

“- Beginning $0 - Ending $0”

Raw XML Appendix202 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/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PAS EXEC DIREC
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPONSORSHIP REVENUE $2725
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $4565
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17- Beginning $0 - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JESSICA THOMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OCEAN GROVE AREA CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0OCEA
ReturnHeader/Filer/EIN0222761536
ReturnHeader/Filer/PhoneNum07327741391
ReturnHeader/Filer/USAddress/AddressLine1Txt039 PILGRIM PATHWAY
ReturnHeader/Filer/USAddress/CityNm0OCEAN GROVE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007756
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0921472936
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ADEPTUS ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0244 WEST 54TH STREET 9TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010019
ReturnHeader/PreparerPersonGrp/PhoneNum02127588050
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Howard S Krant
ReturnHeader/ReturnTs02025-11-17T14:06:08-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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