Blue Hill Peninsula Chamber Of Commerce

Blue Hill Peninsula Chamber Of Commerce shows fluctuating financial health with recent deficits but improved liability management.

EIN: 10537565 · Blue Hill, ME · NTEE: S41 · Updated: 2026-03-28

$38KRevenue

$33KAssets

75/100Mission Score (Good)

S41

About Blue Hill Peninsula Chamber Of Commerce

Blue Hill Peninsula Chamber Of Commerce (EIN: 10537565) is a nonprofit organization based in Blue Hill, ME, classified under NTEE code S41. The organization reported total revenue of $38K and total assets of $33K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Hill Peninsula Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Blue Hill Peninsula Chamber Of Commerce demonstrates a mixed financial picture. While the organization has maintained a consistent revenue stream, averaging around $45,000 annually over the past decade, its financial health shows some volatility. In 2023, expenses ($36,553) exceeded revenue ($26,956), leading to a deficit. However, the prior two years (2021 and 2022) showed healthy surpluses, with revenue significantly outpacing expenses. The organization's assets have fluctuated, reaching a high of $54,525 in 2022 before decreasing to $44,928 in 2023. A positive trend is the consistent reporting of zero liabilities in recent years (2020-2023), indicating improved financial stability compared to earlier periods where liabilities were substantial.

Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the absence of officer compensation reported across all filings suggests that the organization is run by volunteers or that compensation falls below reporting thresholds, which can be a sign of efficient use of funds for a small organization. The primary focus of a Chamber of Commerce is typically program-related (e.g., promoting local business, tourism), and the lack of significant administrative or fundraising overhead (implied by zero officer compensation) suggests that most funds are likely directed towards these activities.

Transparency appears to be good, with a consistent filing history of 12 IRS 990 forms. The organization's financial data is publicly available, allowing for oversight. The consistent reporting of key financial metrics, including revenue, expenses, assets, and liabilities, contributes to its transparency. The absence of reported officer compensation also simplifies the analysis of how funds are allocated at the top level.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Blue Hill Peninsula Chamber Of Commerce with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Blue Hill Peninsula Chamber Of Commerce allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is common for small nonprofits and suggests efficient use of funds.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Blue Hill Peninsula Chamber Of Commerce's IRS 990 filings:

Expenses exceeded revenue in 2023 ($36,553 vs. $26,956), indicating a deficit for the period.
Significant fluctuations in annual revenue and expenses, making long-term financial planning potentially challenging.

Strengths

The following positive indicators were identified for Blue Hill Peninsula Chamber Of Commerce:

Consistent reporting of 0% officer compensation, suggesting efficient use of funds and potentially volunteer-led operations.
Elimination of liabilities since 2020, indicating improved financial health and balance sheet strength.
Consistent filing of IRS 990 forms over many years, demonstrating good transparency and compliance.
Maintained a positive asset base, with $44,928 in assets reported for 2023.

Frequently Asked Questions about Blue Hill Peninsula Chamber Of Commerce

Is Blue Hill Peninsula Chamber Of Commerce financially stable?

While the organization experienced a deficit in 2023 ($26,956 revenue vs. $36,553 expenses), it has shown periods of surplus in prior years (e.g., 2022 revenue $38,330 vs. expenses $25,788). A positive sign is the consistent reporting of $0 liabilities since 2020, indicating improved balance sheet health compared to earlier periods with significant debt.

How does Blue Hill Peninsula Chamber Of Commerce manage its liabilities?

The organization has significantly improved its liability management, reporting $0 in liabilities from 2020 through 2023. This is a strong positive trend, as earlier filings showed substantial liabilities, such as $47,637 in 2015 and $28,528 in 2019.

What is the trend in the organization's assets?

Assets have fluctuated, reaching a low of $7,819 in 2017 and a high of $54,525 in 2022. The latest reported assets for 2023 are $44,928, representing a decrease from the previous year but still a healthy amount relative to its revenue.

Filing History

IRS 990 filing history for Blue Hill Peninsula Chamber Of Commerce showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Blue Hill Peninsula Chamber Of Commerce's revenue has declined by 63.9%, moving from $75K to $27K. Total assets decreased by 18.5% over the same period, from $55K to $45K. Total functional expenses fell by 23.5%, from $48K to $37K. In its most recent filing year (2023), Blue Hill Peninsula Chamber Of Commerce reported a deficit of $10K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$27K	$37K	$45K	$0	—	—
2022	$38K	$26K	$55K	$0	—	View 990
2021	$42K	$14K	$42K	$0	—	—
2020	$34K	$15K	$13K	$0	—	View 990
2019	$51K	$50K	$23K	$29K	—	View 990
2018	$63K	$48K	$20K	$27K	—	View 990
2017	$48K	$48K	$8K	$29K	—	View 990
2015	$47K	$82K	$12K	$48K	—	View 990
2014	$51K	$42K	$23K	$24K	—	View 990
2013	$51K	$62K	$24K	$32K	—	View 990
2012	$26K	$65K	$32K	$30K	—	View 990
2011	$75K	$48K	$55K	$12K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $27K, expenses of $37K, and assets of $45K (revenue -29.7% year-over-year).
2022: Revenue of $38K, expenses of $26K, and assets of $55K (revenue -8.9% year-over-year).
2021: Revenue of $42K, expenses of $14K, and assets of $42K (revenue +24.1% year-over-year).
2020: Revenue of $34K, expenses of $15K, and assets of $13K (revenue -33.1% year-over-year).
2019: Revenue of $51K, expenses of $50K, and assets of $23K (revenue -20.1% year-over-year).
2018: Revenue of $63K, expenses of $48K, and assets of $20K (revenue +31.2% year-over-year).
2017: Revenue of $48K, expenses of $48K, and assets of $8K (revenue +3.0% year-over-year).
2015: Revenue of $47K, expenses of $82K, and assets of $12K (revenue -8.5% year-over-year).
2014: Revenue of $51K, expenses of $42K, and assets of $23K (revenue -0.2% year-over-year).
2013: Revenue of $51K, expenses of $62K, and assets of $24K (revenue +94.5% year-over-year).
2012: Revenue of $26K, expenses of $65K, and assets of $32K (revenue -64.6% year-over-year).
2011: Revenue of $75K, expenses of $48K, and assets of $55K.

Data Sources and Methodology

This transparency report for Blue Hill Peninsula Chamber Of Commerce is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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