Civic Intelligence

Greater Reston Chamber of Commerce

EIN 54-1250113 • 501(c)6 • Reston, VA

Profile

The greater reston chamber of commerce is the catalyst for business growth and entrepreneurship by providing quality programs, education, connections and advocacy for our members and organizations in the dulles corridor. The greater reston chamber of commerce is the leader of a thriving business community that positively impacts the growth and prosperity of a vibrant and collaborative region. With 670 members and growing, the reston chamber is the premier leader of business in the fairfax county community.

1886 Metro Center Dr No 230Reston, VA 20190

www.restonchamber.org

Siviq Scores

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

Liabilities / Assets

100th percentile

9.66x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

0.76x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

15th percentile

-11%

Higher net margin than 15% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$162,151

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

5th percentile

-41%

Faster asset growth than 5% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-9.1%

Faster revenue growth than 18% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$48,144

Down $33,332 (-41%) from 2023

Liabilities

Up

$465,165

Up $36,904 (+8.6%) from 2023

Net Assets

Down

-$417,021

Down $70,236 (-20%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin15th percentile

Revenue

Down

$612,681

Down $61,461 (-9.1%) from 2023

Expenses

Down

$682,917

Down $13,107 (-1.9%) from 2023

Net Income

Down

-$70,236

Down $48,354 (-221%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth5th percentile

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

$500K$0-$500KAssets 2010: $457,822Liabilities 2010: $174,228Net Assets 2010: $283,5942010Assets 2011: $496,403Liabilities 2011: $81,452Net Assets 2011: $414,9512011Assets 2012: $396,811Liabilities 2012: $86,143Net Assets 2012: $310,6682012Assets 2013: $452,826Liabilities 2013: $140,619Net Assets 2013: $312,2072013Assets 2014: $371,140Liabilities 2014: $139,211Net Assets 2014: $231,9292014Assets 2015: $174,796Liabilities 2015: $161,479Net Assets 2015: $13,3172015Assets 2016: $158,593Liabilities 2016: $112,470Net Assets 2016: $46,1232016Assets 2017: $104,693Liabilities 2017: $100,874Net Assets 2017: $3,8192017Assets 2018: $142,881Liabilities 2018: $128,690Net Assets 2018: $14,1912018Assets 2019: $119,954Liabilities 2019: $106,162Net Assets 2019: $13,7922019Assets 2020: $84,394Liabilities 2020: $301,069Net Assets 2020: -$216,6752020Assets 2021: $82,969Liabilities 2021: $468,473Net Assets 2021: -$385,5042021Assets 2022: $82,840Liabilities 2022: $391,303Net Assets 2022: -$308,4632022Assets 2023: $81,476Liabilities 2023: $428,261Net Assets 2023: -$346,7852023Assets 2024: $48,144Liabilities 2024: $465,165Net Assets 2024: -$417,0212024

Highlighted filing

2024

Assets$48,144
Liabilities$465,165
Net Assets-$417,021
Open 2024 Filing

Operations Trend

Revenue Growth18th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $850,0872010Revenue 2011: $1,119,847Expenses 2011: $988,490Net Income 2011: $131,3572011Expenses 2012: $1,334,0902012Expenses 2013: $1,335,3172013Revenue 2014: $1,195,018Expenses 2014: $1,275,296Net Income 2014: -$80,2782014Revenue 2015: $985,860Expenses 2015: $1,204,472Net Income 2015: -$218,6122015Revenue 2016: $1,208,537Expenses 2016: $1,174,524Net Income 2016: $34,0132016Revenue 2017: $1,027,562Expenses 2017: $1,069,866Net Income 2017: -$42,3042017Revenue 2018: $1,178,812Expenses 2018: $1,168,440Net Income 2018: $10,3722018Revenue 2019: $1,181,793Expenses 2019: $1,182,192Net Income 2019: -$3992019Revenue 2020: $458,650Expenses 2020: $689,117Net Income 2020: -$230,4672020Revenue 2021: $557,723Expenses 2021: $726,552Net Income 2021: -$168,8292021Revenue 2022: $781,563Expenses 2022: $704,239Net Income 2022: $77,3242022Revenue 2023: $674,142Expenses 2023: $696,024Net Income 2023: -$21,8822023Revenue 2024: $612,681Expenses 2024: $682,917Net Income 2024: -$70,2362024

Highlighted filing

2024

Revenue$612,681
Expenses$682,917
Net Income-$70,236
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$48,144
Liabilities
$465,165
Net assets
-$417,021
Revenue
$612,681
Expenses
$682,917
Net income
-$70,236
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.47$0.42$0.61$0.68$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.43$0.35$0.67$0.70$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.39$0.31$0.78$0.70$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.47$0.39$0.56$0.73$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.30$0.22$0.46$0.69$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.11$0.01$1.18$1.18$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.13$0.01$1.18$1.17$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.10$0.00$1.03$1.07$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.11$0.05$1.21$1.17$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.16$0.01$0.99$1.20$0.22
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.14$0.23$1.20$1.28$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.14$0.31$1.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.09$0.31$1.33
2011Summary only. Only limited summary data is available for this year.$0.50$0.08$0.41$1.12$0.99$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.17$0.28$0.85
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 9, 2018
Return Version
2016v3.0
Gross Receipts
$1,027,562
Mission and Program Overview

Mission

The greater reston chamber of commerce is the catalyst for business growth and entrepreneurship by providing quality programs, education, connections and advocacy for our members and organizations in the dulles corridor. The greater reston chamber of commerce is the leader of a thriving business community that positively impacts the growth and prosperity of a vibrant and collaborative region. With 670 members and growing, the reston chamber is the premier leader of business in the fairfax county community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$104,512$75,939▼ $28,573
Accounts Receivable$39,305$15,585▼ $23,720
Land, Buildings, and Equipment, Net$6,825$5,298▼ $1,527
Savings and Temporary Cash Investments$243$243→ $0
Prepaid Expenses and Deferred Charges$80$0▼ $80
Total Assets$158,593$104,693▼ $53,900
Other Assets Total$7,628$7,628→ $0
Liabilities
Accounts Payable and Accrued Expenses$112,470$100,874▼ $11,596
Total Liabilities$112,470$100,874▼ $11,596
Net Assets / Fund Balance
Unrestricted Net Assets$46,123$3,819▼ $42,304
Total Net Assets Fund Balance$46,123$3,819▼ $42,304
Total Liabilities and Net Assets / Fund Balance$158,593$104,693▼ $53,900

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,298$82,886$88,184
Other Assets Org$7,628--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark S Ingrao Ccp CaePresident and CEOFT$155,347$19,973$175,320

Board Members and Trustees

NameTitle
Charlene WheelessChair - Elect
Charles KapurChair/ Treasurer
Alex ConverseBoard Member
Andrew PainterBoard Member
Angela InzerilloBoard Member
Bailey EdelsonBoard Member
Bruce GemmillBoard Member
Cate FulkersonBoard Member
David KelleyBoard Member
Denise HoganBoard Member
Diane HollandBoard Member
Don AndersonBoard Member
Eduardo PaganBoard Member
Eileen EllsworthBoard Member
Eric Franklin HorvitzBoard Member
Eric LevinBoard Member
Fred BohlanderBoard Member
James W Dyke JrBoard Member
Jane RaymondBoard Member
Joey MusmarBoard Member
Kerrie WilsonBoard Member
Maggie ParkerBoard Member
Mark a WattsBoard Member
Matthew Brennan IiiBoard Member
Michael DonlanBoard Member
Michael JenningsBoard Member
Mike CooganBoard Member
Mike MislehBoard Member
Monica TresslerBoard Member
Pantea StevensonBoard Member
Shane MurphyBoard Member
Tom MaddenBoard Member
Karen ClevelandEx - Officer
Dee KakarExecutive Committee
Matthew a Clary IiiLegal Counsel
Revenue and Support

Revenue Composition

Contributions and Grants
$453,343
Program Service Revenue
$574,216
Investment Income
$3
Other Revenue
$0
All Other Contributions
$118,326
Change in Net Assets
$-42,304

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table23$24,752Fair Market Value (FMV)
Food Inventory3$13,500Fair Market Value (FMV)
Total Noncash Contributions26$38,252-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,027,562
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$168,258
Total Revenue per Audited Statements
$1,195,820
Total Revenue per Form 990
$1,027,562
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$637,578
Salaries, Compensation, and Employee Benefits$432,288
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---$206,721
Other Salaries and Wages---$182,408
All Other Expenses---$106,393
Occupancy---$101,457
Other Expenses---$55,367
Advertising---$52,703
Fees for Services Other---$43,175
Office Expenses---$36,314
Payroll Taxes---$29,356
Other Employee Benefits---$13,803
Insurance---$11,800
Fees for Services Lobbying---$6,800
Conferences and Meetings---$4,938
Travel---$2,134
Depreciation Depletion---$2,064
Fees for Services Legal---$1,500
Interest---$439
Total Functional Expenses$0$0$0$1,069,866

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,238,123
Expenses per Audited Statements$1,069,866
Total Expenses per Form 990$1,069,866
Expenses Not Reported on Form 990$168,257
Expenses Not Reported on Financial Statements$0
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
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$33,083
Current Year Nondeductible Lobbying and Political Cost$6,800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
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

“Exempt organization has members who elect a governing body.”

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

“Members may vote and can elect members of the governing body. Any governance decisions of the organization are reserved to its members and the governing body.”

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

“Board members of the organization review form 990 and discuss their concerns and issues before form 990 is filed.”

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

“All members on the board of directors sign the written conflict of interest statement every year.”

Form 990, Part VI, Section B, Line 15

“The chairman of the board performs a comparative study to determine the compensation of the organization's officers.”

Form 990, Part VI, Section C, Line 18

“The organization's forms 990 and 990-t are available for public inspection upon request.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
Greater Reston Chamber of Commerce
EIN
54-1250113
Phone
7037079045
Address
1886 METRO CENTER DR NO 230, RESTON, VA 20190

Signing Officer

Name
Mark Ingrao
Title
President and CEO
Phone
7077079045
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark S Ingrao
Formed
1982
Legal Domicile
Va
Voting Board Members
36
Independent Board Members
35
Employees
7
Volunteers
670

Preparer

Firm
Millermusmar Cpas
Address
12353 SUNRISE VALLEY DR STE A, RESTON, VA 20191
Preparer
G F Musmar CPA
Phone
7034378877
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“ROUNDING”

Raw XML AppendixShowing 400 of 677 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0112470
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0100874
IRS990/AccountsReceivableGrp/BOYAmt039305
IRS990/AccountsReceivableGrp/EOYAmt015585
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE GREATER RESTON CHAMBER OF COMMERCE IS THE CATALYST FOR BUSINESS GROWTH AND ENTREPRENEURSHIP BY PROVIDING QUALITY PROGRAMS, EDUCATION, CONNECTIONS AND ADVOCACY FOR OUR MEMBERS AND ORGANIZATIONS IN THE DULLES CORRIDOR. THE GREATER RESTON CHAMBER OF COMMERCE IS THE LEADER OF A THRIVING BUSINESS COMMUNITY THAT POSITIVELY IMPACTS THE GROWTH AND PROSPERITY OF A VIBRANT AND COLLABORATIVE REGION. WITH 670 MEMBERS AND GROWING, THE RESTON CHAMBER IS THE PREMIER LEADER OF BUSINESS IN THE FAIRFAX COUNTY COMMUNITY.
IRS990/AdvertisingGrp/TotalAmt052703
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IRS990/AnnualDisclosureCoveredPrsnInd01
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARK S INGRAO
IRS990/BooksInCareOfDetail/PhoneNum07037079045
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01886 METRO CENTER DRIVE SUITE 230
IRS990/BooksInCareOfDetail/USAddress/CityNm0RESTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020190
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IRS990/CYTotalRevenueAmt01027562
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt02064
IRS990/Desc0OKTOBERFEST - A FESTIVAL DESIGNED TO SHOWCASE BUSINESS AND RESTAURANTS TO THE GREATER COMMUNITY AND HELP BUSINESSES MARKET THEIR SERVICES. ALSO, SERVES AS AN AWARENESS VENUE FOR BUSINESSES SO THAT RESIDENTS AND BUSINESSES KNOW ABOUT THE PARTICIPATING ORGANIZATIONS.
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IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0128298
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IRS990/FederalGrantAuditRequiredInd00
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IRS990/FeesForServicesLobbyingGrp/TotalAmt06800
IRS990/FeesForServicesOtherGrp/TotalAmt043175
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IRS990/Form990PartVIISectionAGrp/PersonNm1MARK S INGRAO CCP CAE
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW A CLARY III
IRS990/Form990PartVIISectionAGrp/PersonNm3CHARLENE WHEELESS
IRS990/Form990PartVIISectionAGrp/PersonNm4DEE KAKAR
IRS990/Form990PartVIISectionAGrp/PersonNm5DON ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm6MIKE COOGAN
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHAEL JENNINGS
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IRS990/Form990PartVIISectionAGrp/PersonNm13MIKE MISLEH
IRS990/Form990PartVIISectionAGrp/PersonNm14ALEX CONVERSE
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHAEL DONLAN
IRS990/Form990PartVIISectionAGrp/PersonNm16JOEY MUSMAR
IRS990/Form990PartVIISectionAGrp/PersonNm17BAILEY EDELSON
IRS990/Form990PartVIISectionAGrp/PersonNm18JAMES W DYKE JR
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IRS990/Form990PartVIISectionAGrp/PersonNm20FRED BOHLANDER
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IRS990/Form990PartVIISectionAGrp/PersonNm25DENISE HOGAN
IRS990/Form990PartVIISectionAGrp/PersonNm26TOM MADDEN
IRS990/Form990PartVIISectionAGrp/PersonNm27ANDREW PAINTER
IRS990/Form990PartVIISectionAGrp/PersonNm28JANE RAYMOND
IRS990/Form990PartVIISectionAGrp/PersonNm29CATE FULKERSON
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IRS990/Form990PartVIISectionAGrp/PersonNm32KERRIE WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm33ANGELA INZERILLO
IRS990/Form990PartVIISectionAGrp/PersonNm34SHANE MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm35MONICA TRESSLER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR/ TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2LEGAL COUNSEL
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IRS990/MissionDesc0THE GREATER RESTON CHAMBER OF COMMERCE IS THE CATALYST FOR BUSINESS GROWTH AND ENTREPRENEURSHIP BY PROVIDING QUALITY PROGRAMS, EDUCATION, CONNECTIONS AND ADVOCACY FOR OUR MEMBERS AND ORGANIZATIONS IN THE DULLES CORRIDOR. THE GREATER RESTON CHAMBER OF COMMERCE IS THE LEADER OF A THRIVING BUSINESS COMMUNITY THAT POSITIVELY IMPACTS THE GROWTH AND PROSPERITY OF A VIBRANT AND COLLABORATIVE REGION. WITH 670 MEMBERS AND GROWING, THE RESTON CHAMBER IS THE PREMIER LEADER OF BUSINESS IN THE FAIRFAX COUNTY COMMUNITY.
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