Is Merrimack Chamber Of Commerce Inc Legit?

Quick charity verification for Merrimack Chamber Of Commerce Inc (EIN: 222653350)

Verdict: Merrimack Chamber Of Commerce Inc shows mixed signals

60/100Mission Score
$29KRevenue
$11KAssets
3Red Flags
1Strengths

Red Flags

Strengths

AI Transparency Report

Merrimack Chamber Of Commerce Inc is a unknown nonprofit based in Merrimack, New Hampshire, with reported revenue of $29K and assets of $11K. Our AI analysis assigns a Mission Score of 60/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. • The organization consistently reports 0% compensation to officers, directors, trustees, and key employees across all available filings. • Net assets have declined significantly from $48,683 in 2012 to $10,830 in 2019. • The organization has reported negative net income for several years, with expenses exceeding revenue. Executive compensation is reported as $0 across all available filings, which is unusual for an organization with reported expenses. Revenue has declined -59% across 9 filing periods.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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