Civic Intelligence

Chamber of Commerce for Greater

EIN 51-0319055 • 501(c)6 • Milford, DE

Profile

To advance the balanced economic development of the greater milford, de area

24 NW Front Street Ste 101Milford, DE 19963

milfordchamber.co

Siviq Scores

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

Liabilities / Assets

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

87th percentile

0.26x

Higher debt load relative to revenue than 87% of similar nonprofits.

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

Net Margin

43rd percentile

-2.4%

Higher net margin than 43% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$66,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 32.0% of source-year revenue.

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

Asset Growth

63rd percentile

5.2%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

45th percentile

-3.0%

Faster revenue growth than 45% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$185,653

Up $9,096 (+5.2%) from 2022

Liabilities

Up

$54,080

Up $14,175 (+36%) from 2022

Net Assets

Down

$131,573

Down $5,079 (-3.7%) from 2022

Operations
Liabilities / Revenue87th percentileNet Margin43rd percentile

Revenue

Down

$206,261

Down $6,466 (-3.0%) from 2022

Expenses

Up

$211,174

Up $19,325 (+10%) from 2022

Net Income

Down

-$4,913

Down $25,791 (-124%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

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

$200K$150K$100K$50K$0Assets 2011: $96,321Liabilities 2011: $11,984Net Assets 2011: $84,3372011Assets 2012: $99,439Liabilities 2012: $10,490Net Assets 2012: $88,9492012Assets 2013: $118,545Liabilities 2013: $15,503Net Assets 2013: $103,0422013Assets 2014: $130,333Liabilities 2014: $17,298Net Assets 2014: $113,0352014Assets 2015: $134,098Liabilities 2015: $18,185Net Assets 2015: $115,9132015Assets 2016: $158,164Liabilities 2016: $28,612Net Assets 2016: $129,5522016Assets 2017: $164,579Liabilities 2017: $26,155Net Assets 2017: $138,4242017Assets 2018: $158,974Liabilities 2018: $25,788Net Assets 2018: $133,1862018Assets 2019: $156,937Liabilities 2019: $22,938Net Assets 2019: $133,9992019Assets 2020: $153,802Liabilities 2020: $46,179Net Assets 2020: $107,6232020Assets 2021: $139,130Liabilities 2021: $23,358Net Assets 2021: $115,7722021Assets 2022: $176,557Liabilities 2022: $39,905Net Assets 2022: $136,6522022Assets 2023: $185,653Liabilities 2023: $54,080Net Assets 2023: $131,5732023

Highlighted filing

2023

Assets$185,653
Liabilities$54,080
Net Assets$131,573
Open 2023 Filing

Operations Trend

Revenue Growth45th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $96,161Expenses 2011: $91,595Net Income 2011: $4,5662011Revenue 2012: $92,503Expenses 2012: $87,891Net Income 2012: $4,6122012Revenue 2013: $110,649Expenses 2013: $96,556Net Income 2013: $14,0932013Revenue 2014: $105,103Expenses 2014: $95,121Net Income 2014: $9,9822014Revenue 2015: $154,836Expenses 2015: $151,958Net Income 2015: $2,8782015Revenue 2016: $157,423Expenses 2016: $143,784Net Income 2016: $13,6392016Revenue 2017: $170,921Expenses 2017: $157,093Net Income 2017: $13,8282017Revenue 2018: $164,615Expenses 2018: $169,853Net Income 2018: -$5,2382018Revenue 2019: $170,154Expenses 2019: $169,341Net Income 2019: $8132019Revenue 2020: $115,690Expenses 2020: $142,066Net Income 2020: -$26,3762020Revenue 2021: $198,742Expenses 2021: $190,013Net Income 2021: $8,7292021Revenue 2022: $212,727Expenses 2022: $191,849Net Income 2022: $20,8782022Revenue 2023: $206,261Expenses 2023: $211,174Net Income 2023: -$4,9132023

Highlighted filing

2023

Revenue$206,261
Expenses$211,174
Net Income-$4,913
Open 2023 Filing

Filings

Most recent year

2023 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$185,653
Liabilities
$54,080
Net assets
$131,573
Revenue
$206,261
Expenses
$211,174
Net income
-$4,913
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.54$1.32$2.06$2.11$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.40$1.37$2.13$1.92$0.21
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.23$1.16$1.99$1.90$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.46$1.08$1.16$1.42$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.23$1.34$1.70$1.69$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.26$1.33$1.65$1.70$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.26$1.38$1.71$1.57$0.14
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.29$1.30$1.57$1.44$0.14
2015Summary only. Only limited summary data is available for this year.$1.34$0.18$1.16$1.55$1.52$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.30$0.17$1.13$1.05$0.95$0.10
2013Summary only. Only limited summary data is available for this year.$1.19$0.16$1.03$1.11$0.97$0.14
2012Summary only. Only limited summary data is available for this year.$0.99$0.10$0.89$0.93$0.88$0.05
2011Summary only. Only limited summary data is available for this year.$0.96$0.12$0.84$0.96$0.92$0.05
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$212,727
Mission and Program Overview

Mission

To advance the balanced economic development of the greater milford, de area

To advance the balanced economic development of the greater milford, de area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$128,233$137,261▲ $9,028
Rtn Earn Endowment Incm Other Fnds$115,772$136,652▲ $20,880
Cash and Non-Interest-Bearing Accounts$3,012$33,719▲ $30,707
Accounts Receivable$6,368$4,177▼ $2,191
Land, Buildings, and Equipment, Net$117--
Total Assets$139,130$176,557▲ $37,427
Other Assets Total$1,400$1,400→ $0
Liabilities
Deferred Revenue-$30,733-
Other Liabilities$23,358$8,447▼ $14,911
Accounts Payable and Accrued Expenses-$725-
Total Liabilities$23,358$39,905▲ $16,547
Net Assets / Fund Balance
Total Net Assets Fund Balance$115,772$136,652▲ $20,880
Total Liabilities and Net Assets / Fund Balance$139,130$176,557▲ $37,427

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$8,346$8,346
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleBaseTotal
Joanne SchmeiserExecutive Director$69,200$69,200

Board Members and Trustees

NameTitle
Angela HodgesPresident
Jennifer HessVice President
Alice RauschDirector
Alicia HollisDirector
Danny G PerezDirector
George HufnagelDirector
Jason PeelDirector
Joie MorganDirector
Linda MillsDirector
Lori CopioDirector
Pat AbelDirector
Stephen MorrowDirector
Terry RogersDirector
Tyler KuhnDirector
Jennifer JurczakSecretary
Debra MillmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,948
Program Service Revenue
$151,790
Investment Income
$1,028
Other Revenue
$2,961
Change in Net Assets
$20,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$107,757
Other Expenses$84,092
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$99,922-$99,922
Occupancy-$10,018-$10,018
Payroll Taxes-$7,835-$7,835
Other Expenses$62,369$3,093-$3,093
Office Expenses-$2,760-$2,760
Travel-$1,965-$1,965
Insurance-$1,804-$1,804
Information Technology-$1,645-$1,645
Conferences and Meetings-$321-$321
Depreciation Depletion-$117-$117
Total Functional Expenses$62,369$129,480$0$191,849
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Liabilities$8,447
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
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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 governing body review Part VI line 11

“The form 990 is reviewed and approved by the treasurer and president.”

Governing documents etc available to public Part VI line 19

“Any documents requested by the public will be made available upon board approval.”

Filing and Contact Details

Filer

Filer Name
Chamber of Commerce for Greater Milford Inc
EIN
51-0319055
Address
24 NW FRONT STREET STE 101, MILFORD, DE 19963

Signing Officer

Name
Angela Hodges CPA
Title
President
Phone
3024223344
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
De
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
15

Preparer

Firm
Delaware CPA Services
Address
65 N Dupont Hwy, DOVER, DE 19901
Preparer
Justin E Arseneau CPA
Phone
3028540133
Raw XML AppendixShowing 400 of 411 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
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
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