Civic Intelligence

Burlington County Regional Chamber of Commerce

990 • Fiscal year 2023 • EIN 23-7356054

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 12, 2024

520 Fellowship Road E502Mount Laurel, NJ 08054

(856) 439-2520

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

0.86x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.17x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Net Margin

32nd percentile

-2.9%

Higher net margin than 32% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$105,553

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 17.0% of source-year revenue.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Asset Growth

6th percentile

-28%

Faster asset growth than 6% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

49th percentile

7.6%

Faster revenue growth than 49% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$121,408

Down $48,319 (-28%) from 2022

Net Assets

Down

$16,590

Down $18,278 (-52%) from 2022

Liabilities

Down

$104,818

Down $30,041 (-22%) from 2022

Revenue

Up

$619,685

Up $43,557 (+7.6%) from 2022

Expenses

Down

$637,963

Down $20,483 (-3.1%) from 2022

Net Income

Up

-$18,278

Up $64,040 (+78%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2010: $110,737Liabilities 2010: $25,176Net Assets 2010: $85,5612010Assets 2011: $101,542Liabilities 2011: $17,802Net Assets 2011: $83,7402011Assets 2012: $104,601Liabilities 2012: $28,743Net Assets 2012: $75,8582012Assets 2014: $136,786Liabilities 2014: $42,141Net Assets 2014: $94,6452014Assets 2015: $154,132Liabilities 2015: $38,915Net Assets 2015: $115,2172015Assets 2021: $264,804Liabilities 2021: $147,618Net Assets 2021: $117,1862021Assets 2022: $169,727Liabilities 2022: $134,859Net Assets 2022: $34,8682022Assets 2023: $121,408Liabilities 2023: $104,818Net Assets 2023: $16,5902023Assets 2024: $71,712Liabilities 2024: $117,235Net Assets 2024: -$45,5232024

Highlighted filing

2023

Assets$121,408
Liabilities$104,818
Net Assets$16,590

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $379,9442010Expenses 2011: $384,9332011Expenses 2012: $401,9092012Revenue 2014: $408,726Expenses 2014: $420,328Net Income 2014: -$11,6022014Revenue 2015: $504,514Expenses 2015: $483,942Net Income 2015: $20,5722015Revenue 2021: $429,165Expenses 2021: $426,598Net Income 2021: $2,5672021Revenue 2022: $576,128Expenses 2022: $658,446Net Income 2022: -$82,3182022Revenue 2023: $619,685Expenses 2023: $637,963Net Income 2023: -$18,2782023Revenue 2024: $544,065Expenses 2024: $606,178Net Income 2024: -$62,1132024

Highlighted filing

2023

Revenue$619,685
Expenses$637,963
Net Income-$18,278
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 12, 2024
Return Version
2023v5.1
Gross Receipts
$620,575
Mission and Program Overview

Mission

The burlington county regional chamber of commerce (bcrcc) supports a culture where members build meaningful relationships to help advance their business opportunities through high-quality educational events and high-level networking. Continued on schedule o.

To promote, educate and advocate the growth, prosperity and success of our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$62,283$64,838▲ $2,555
Accounts Receivable$64,423--
Cash and Non-Interest-Bearing Accounts$23,169$51,972▲ $28,803
Prepaid Expenses and Deferred Charges$16,400$1,146▼ $15,254
Total Assets$169,727$121,408▼ $48,319
Other Assets Total$3,452$3,452→ $0
Liabilities
Deferred Revenue$91,485$47,320▼ $44,165
Accounts Payable and Accrued Expenses$18,374$32,498▲ $14,124
Unsecured Notes Loans Payable$25,000$25,000→ $0
Total Liabilities$134,859$104,818▼ $30,041
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$34,427$16,149▼ $18,278
Net Assets With Donor Restrictions$441$441→ $0
Total Net Assets Fund Balance$34,868$16,590▼ $18,278
Total Liabilities and Net Assets / Fund Balance$169,727$121,408▼ $48,319

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$39,335$12,191$51,526
Equipment$19,648$496$20,144
Leasehold Improvements$5,855$5,005$10,860
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kristi M HowellPresident & CEOFT$105,553$105,553

Board Members and Trustees

NameTitle
Ronald MonokianChair Elect
Joseph TredinnickChairman of the Board
Ryan ReginaImmediate Past Chair
Anne CarusoVice Chair Membership
John VandersliceVice Chair Programming
Amy E TravettiDirector
Andy PritikinDirector
Bill CroweDirector
Bryan HornungDirector
Caren FreyerDirector
Chantal CapodicasaDirector
Christopher NagyDirector
Curtis MyersDirector
Frank PlumDirector
Ginny HillDirector
Jaime WhalenDirector
Janine KirilukDirector
Jon BodnarDirector
Lewis ClarkDirector
Mark DibbleDirector
Michael a CioceDirector
Pamela CollinsDirector
Sandra SciaccaDirector
Vincent CeroliDirector
Antonio RibeiraTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$608,270
Investment Income
$60
Other Revenue
$11,355
Change in Net Assets
$-18,278
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$392,420
Salaries, Compensation, and Employee Benefits$245,543
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$105,553
Other Salaries and Wages---$92,544
Occupancy---$83,728
Other Employee Benefits---$30,217
Information Technology---$26,809
Advertising---$24,135
Payroll Taxes---$17,229
Fees for Services Accounting---$15,840
Other Expenses---$12,831
All Other Expenses---$7,317
Insurance---$6,817
Office Expenses---$5,085
Depreciation Depletion---$2,552
Interest---$1,284
Total Functional Expenses$0$0$0$637,963
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Janine KirilukOwner of Jb Financial AssociatesPaid BkkpNo$15,840
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Any entity, business, group, organization or individual meeting the membership eligibility requirements and having an interest in the objectives of the chamber shall be eligible for membership.

Form 990, Part VI, Section A, Line 7A

Anually, directors shall be nominated by the governance committee. The full board votes to elect its officers and directors for the upcoming year.

Form 990, Part VI, Section B, Line 11B

A draft of the form 990 is provided to and reviewed by the ceo and is made available to the governing body before filing.

Form 990, Part VI, Section B, Line 12C

All board members, senior management and employees are required to disclose all relationships that give rise to a conflict. Board members and staff sign an annual disclosure statement.

Form 990, Part VI, Section B, Line 15

The compensation of the chamber's officers and employees is compared to other chambers in the area using forms 990 and salary surveys.

Form 990, Part VI, Section C, Line 19

The chamber's governing documents, conflict of interest policy and financial data are made available upon written request.

Filing and Contact Details

Filer

Filer Name
Burlington County Regional
EIN
23-7356054
Phone
8564392520
Address
520 FELLOWSHIP ROAD E502, MOUNT LAUREL, NJ 08054

Signing Officer

Name
Kristi M Howell
Title
President & CEO
Phone
8564392520
Signed
2024-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristi M Howell
Formed
1972
Legal Domicile
Nj
Voting Board Members
26
Independent Board Members
25
Employees
5
Volunteers
25

Preparer

Firm
Hill Barth & King LLC
Address
101 CRAWFORDS CORNER ROAD SUITE, 2216, HOLMDEL, NJ 07733
Preparer
Antonio J Ribeira
Phone
7323818887
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt3IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR PROGRAMMING
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIR MEMBERSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt026
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0620575
IRS990/GrossRentsGrp/RealAmt012245
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt026809
IRS990/InsuranceGrp/TotalAmt06817
IRS990/InterestGrp/TotalAmt01284
IRS990/InvestmentIncomeGrp/ExclusionAmt060
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt060
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017692
IRS990/LandBldgEquipBasisNetGrp/BOYAmt062283
IRS990/LandBldgEquipBasisNetGrp/EOYAmt064838
IRS990/LandBldgEquipCostOrOtherBssAmt082530
IRS990/LegalDomicileStateCd0NJ
IRS990/LessRentalExpensesGrp/RealAmt0890
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE BURLINGTON COUNTY REGIONAL CHAMBER OF COMMERCE (BCRCC) SUPPORTS A CULTURE WHERE MEMBERS BUILD MEANINGFUL RELATIONSHIPS TO HELP ADVANCE THEIR BUSINESS OPPORTUNITIES THROUGH HIGH-QUALITY EDUCATIONAL EVENTS AND HIGH-LEVEL NETWORKING. CONTINUED ON SCHEDULE O.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt034868
IRS990/NetAssetsOrFundBalancesEOYAmt016590
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt011355
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt011355
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt034427
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt016149
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt083728
IRS990/OfficeExpensesGrp/TotalAmt05085
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03452
IRS990/OtherAssetsTotalGrp/EOYAmt03452
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030217
IRS990/OtherExpensesGrp/Desc0PROGRAM DIRECT COSTS
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE COSTS
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/Desc3MERCHANT AND BANK FEES
IRS990/OtherExpensesGrp/TotalAmt0146180
IRS990/OtherExpensesGrp/TotalAmt145596
IRS990/OtherExpensesGrp/TotalAmt214246
IRS990/OtherExpensesGrp/TotalAmt312831
IRS990/OtherSalariesAndWagesGrp/TotalAmt092544
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt017229
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016400
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01146
IRS990/PrincipalOfficerNm0KRISTI M HOWELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3513190
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER MISC REVENUES
IRS990/ProgramServiceRevenueGrp/Desc3ADVERTISING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0305468
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1236845
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt257477
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0305468
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1236845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt257477
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38480
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt08480
IRS990/ProgSrvcAccomActy2Grp/Desc0BUSINESS ADVOCACY-THE VOICE OF BUSINESS
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt041776
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0189
IRS990/PYOtherExpensesAmt0365808
IRS990/PYOtherRevenueAmt06960
IRS990/PYProgramServiceRevenueAmt0527203
IRS990/PYRevenuesLessExpensesAmt0-82318
IRS990/PYSalariesCompEmpBnftPaidAmt0292638
IRS990/PYTotalExpensesAmt0658446
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0576128
IRS990/ReconcilationRevenueExpnssAmt0-18278
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt011355
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt019648
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0496
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020144
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05855
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05005
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010860
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt039335
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012191
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt051526
IRS990ScheduleD/TotalBookValueLandBuildingsAmt064838
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JANINE KIRILUK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OWNER OF JB FINANCIAL ASSOCIATES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt015840
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAID BKKP
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANY ENTITY, BUSINESS, GROUP, ORGANIZATION OR INDIVIDUAL MEETING THE MEMBERSHIP ELIGIBILITY REQUIREMENTS AND HAVING AN INTEREST IN THE OBJECTIVES OF THE CHAMBER SHALL BE ELIGIBLE FOR MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANUALLY, DIRECTORS SHALL BE NOMINATED BY THE GOVERNANCE COMMITTEE. THE FULL BOARD VOTES TO ELECT ITS OFFICERS AND DIRECTORS FOR THE UPCOMING YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE FORM 990 IS PROVIDED TO AND REVIEWED BY THE CEO AND IS MADE AVAILABLE TO THE GOVERNING BODY BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS, SENIOR MANAGEMENT AND EMPLOYEES ARE REQUIRED TO DISCLOSE ALL RELATIONSHIPS THAT GIVE RISE TO A CONFLICT. BOARD MEMBERS AND STAFF SIGN AN ANNUAL DISCLOSURE STATEMENT.

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