Civic Intelligence

Parsippany Area Chamber of Commerce

EIN 22-2937956 • 501(c)6 • Parsippany, NJ

Profile

To increase the interaction between parsippany area based businesses.

90 East Halsey Road Suite 322Parsippany, NJ 07054

www.parsippanychamber.org

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

94th percentile

47%

Higher net margin than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

96th percentile

103%

Faster asset growth than 96% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

290%

Faster revenue growth than 98% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$34,985

Up $17,763 (+103%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin94th percentile

Revenue

Up

$38,103

Up $28,341 (+290%) from 2022

Expenses

Up

$20,340

Up $1,260 (+6.6%) from 2022

Net Income

Up

$17,763

Up $27,081 (+291%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

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

$60K$40K$20K$0Assets 2011: $25,166Liabilities 2011: $0Net Assets 2011: $25,1662011Assets 2012: $51,657Liabilities 2012: $0Net Assets 2012: $51,6572012Assets 2013: $23,312Liabilities 2013: $0Net Assets 2013: $23,3122013Assets 2014: $34,594Liabilities 2014: $0Net Assets 2014: $34,5942014Assets 2015: $40,483Liabilities 2015: $0Net Assets 2015: $40,4832015Assets 2016: $40,256Net Assets 2016: $40,2562016Assets 2017: $40,975Net Assets 2017: $40,9752017Assets 2018: $34,772Net Assets 2018: $34,7722018Assets 2019: $29,999Net Assets 2019: $29,9992019Assets 2020: $27,591Net Assets 2020: $27,5912020Assets 2021: $26,540Liabilities 2021: $02021Assets 2022: $17,222Net Assets 2022: $17,2222022Assets 2023: $34,985Liabilities 2023: $02023

Highlighted filing

2023

Assets$34,985
Liabilities$0
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth98th percentile

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

$100K$50K$0-$50KRevenue 2011: $57,236Expenses 2011: $79,702Net Income 2011: -$22,4662011Revenue 2012: $51,612Expenses 2012: $25,121Net Income 2012: $26,4912012Revenue 2013: $21,737Expenses 2013: $50,082Net Income 2013: -$28,3452013Revenue 2014: $20,399Expenses 2014: $11,787Net Income 2014: $8,6122014Revenue 2015: $20,966Expenses 2015: $15,077Net Income 2015: $5,8892015Revenue 2016: $13,575Expenses 2016: $13,802Net Income 2016: -$2272016Revenue 2017: $13,711Expenses 2017: $12,991Net Income 2017: $7202017Revenue 2018: $18,615Expenses 2018: $24,812Net Income 2018: -$6,1972018Revenue 2019: $30,827Expenses 2019: $35,602Net Income 2019: -$4,7752019Revenue 2020: $36,174Expenses 2020: $38,579Net Income 2020: -$2,4052020Revenue 2021: $16,092Expenses 2021: $17,143Net Income 2021: -$1,0512021Revenue 2022: $9,762Expenses 2022: $19,080Net Income 2022: -$9,3182022Revenue 2023: $38,103Expenses 2023: $20,340Net Income 2023: $17,7632023

Highlighted filing

2023

Revenue$38,103
Expenses$20,340
Net Income$17,763
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$34,985
Liabilities
$0
Net assets
-
Revenue
$38,103
Expenses
$20,340
Net income
$17,763
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$35.0$0.00$38.1$20.3$17.8
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$17.2$9.76$19.1$9.32
2021Summary only. Only limited summary data is available for this year.$26.5$0.00$16.1$17.1$1.05
2020Detailed filing. Detailed filing data is available for this year.$27.6$27.6$36.2$38.6$2.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.0$30.0$30.8$35.6$4.78
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.8$34.8$18.6$24.8$6.20
2017Detailed filing. Detailed filing data is available for this year.$41.0$41.0$13.7$13.0$0.72
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.3$40.3$13.6$13.8$0.23
2015Detailed filing. Detailed filing data is available for this year.$40.5$0.00$40.5$21.0$15.1$5.89
2014Detailed filing. Detailed filing data is available for this year.$34.6$0.00$34.6$20.4$11.8$8.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.3$0.00$23.3$21.7$50.1$28.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.7$0.00$51.7$51.6$25.1$26.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$0.00$25.2$57.2$79.7$22.5
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$36,174
Mission and Program Overview

Mission

To increase the interaction between parsippany area based businesses.

Program Services

DescriptionGrantsExpenses
MEETINGS AND NETWORKING TO INCREASE INTERACTIONS BETWEEN PARSIPPANY BASED BUSINESSES--
MEETINGS AND NETWORKING TO INCREASE INTERACTIONS BETWEEN PARSIPPANY BASED BUSINESSES--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT J PELUSOPresidentPT$0--
FRANK L CAHILLExecutive BoPT$0--
ALAN S GOLUB ESQBoard Member-$0--
ILDIKO S PELUSOBoard Member-$0--
NICOLAS LIMANOVBoard Member-$0--
ROBERT GREULICHTreasurer-$0--
RICK WASSERMANBoard Member-$0--
TINA VALGEMAEBoard Member-$0--
DR PATRICK SELIMOBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Parsippany Area Chamber of Commerce
EIN
22-2937956
Phone
9734026400
Address
90 EAST HALSEY ROAD SUITE 322, PARSIPPANY, NJ 07054

Signing Officer

Name
Frank L Cahill
Title
Executive Board Memb
Phone
9734026400
Signed
2020-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Hoogstra Greulich Pc
Address
150 RIVER RD STE I-4A, MONTVILLE, NJ 07045-8923
Preparer
Robert Greulich CPA
Phone
9732999443
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 1,493 office supplies 5,140 telephone expense 492 insurance 1,722 dues & subscriptions 549 licenses & fees 61 website & internet fees 3,840 program expense 1,542 scholarship 1,050 bank and credit card fees 413 total 16,302”

Form 990-ez, Part II, Line 24

“1,072 1,072 less accumulated depreciation 1,072 1,072 total 0 0”

Form 990-ez, Part III, Line 31

“Meetings and networking to increase interactions between parsippany based businesses”

Raw XML Appendix122 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0FRANK CAHILL
IRS990EZ/BooksInCareOfDetail/PhoneNum09734026400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt090 EAST HALSEY ROAD SUITE 322
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PARSIPPANY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007054
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt029996
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027591
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2405
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt017211
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt029996
IRS990EZ/Form990TotalAssetsGrp/EOYAmt027591
IRS990EZ/GrossReceiptsAmt036174
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt026166
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt029996
IRS990EZ/NetAssetsOrFundBalancesEOYAmt027591
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt029996
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt027591
IRS990EZ/OccupancyRentUtltsAndMaintAmt04732
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT J PELUSO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1FRANK L CAHILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALAN S GOLUB ESQ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ILDIKO S PELUSO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4NICOLAS LIMANOV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ROBERT GREULICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6RICK WASSERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TINA VALGEMAE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DR PATRICK SELIMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE BO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt016302
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO INCREASE THE INTERACTION BETWEEN PARSIPPANY AREA BASED BUSINESSES.
IRS990EZ/PrintingPublicationsPostageAmt0334
IRS990EZ/ProgramServiceRevenueAmt010008
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEETINGS AND NETWORKING TO INCREASE INTERACTIONS BETWEEN PARSIPPANY BASED BUSINESSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1MEETINGS AND NETWORKING TO INCREASE INTERACTIONS BETWEEN PARSIPPANY BASED BUSINESSES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt038579
IRS990EZ/TotalRevenueAmt036174
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PARSIPPANYCHAMBER.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,493 OFFICE SUPPLIES 5,140 TELEPHONE EXPENSE 492 INSURANCE 1,722 DUES & SUBSCRIPTIONS 549 LICENSES & FEES 61 WEBSITE & INTERNET FEES 3,840 PROGRAM EXPENSE 1,542 SCHOLARSHIP 1,050 BANK AND CREDIT CARD FEES 413 TOTAL 16,302
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11,072 1,072 LESS ACCUMULATED DEPRECIATION 1,072 1,072 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEETINGS AND NETWORKING TO INCREASE INTERACTIONS BETWEEN PARSIPPANY BASED BUSINESSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.A THE ORGANIZATION DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK L CAHILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE BOARD MEMB
ReturnHeader/BusinessOfficerGrp/PhoneNum09734026400
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARSIPPANY AREA CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0PARS
ReturnHeader/Filer/EIN0222937956
ReturnHeader/Filer/PhoneNum09734026400
ReturnHeader/Filer/USAddress/AddressLine1Txt090 EAST HALSEY ROAD SUITE 322
ReturnHeader/Filer/USAddress/CityNm0PARSIPPANY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007054
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223546656
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOOGSTRA GREULICH PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 RIVER RD STE I-4A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MONTVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070458923
ReturnHeader/PreparerPersonGrp/PhoneNum09732999443
ReturnHeader/PreparerPersonGrp/PreparationDt02020-12-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT GREULICH CPA
ReturnHeader/ReturnTs02021-11-15T11:40:43-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

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