Camden County Regional Chamber Of Commerce Inc
Camden County Regional Chamber of Commerce: Modest Revenue, High Liabilities, and Inconsistent Financials
EIN: 222171107 · Cherry Hill, NJ · NTEE: S41 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $190K |
| Total Expenses | $184K |
| Program Spending | 70% |
| Net Assets | $-56,813 |
| Transparency Score | 65/100 |
Is Camden County Regional Chamber Of Commerce Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camden County Regional Chamber Of Commerce Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Camden County Regional Chamber Of Commerce Inc
Camden County Regional Chamber Of Commerce Inc (EIN: 222171107) is a nonprofit organization based in Cherry Hill, NJ, classified under NTEE code S41. The organization reported total revenue of $190K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camden County Regional Chamber Of Commerce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camden County Regional Chamber Of Commerce Inc is a small nonprofit that has been operating for 5 years, with 6 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $184K |
| Surplus / Deficit | +$35K |
| Total Assets | $53K |
| Total Liabilities | $110K |
| Net Assets | $-56,813 |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 207.8% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, Camden County Regional Chamber Of Commerce Inc reported a surplus of $35K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 207.8% (high leverage).
Financial Trends
Over 6 years of filings (2013–2023), Camden County Regional Chamber Of Commerce Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.4% | +7.0% | +108.1% |
| 2022 | +33.2% | +25.1% | -58.0% |
| 2021 | -12.6% | +13.0% | -40.7% |
| 2020 | -73.1% | -74.2% | +168.2% |
| 2014 | +13.7% | +16.4% | -17.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Camden County Regional Chamber Of Commerce Inc with a Mission Score of 65 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Camden County Regional Chamber Of Commerce Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 207.8%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, with all filings indicating 0% compensation for key employees, which is unusual for an organization of this size.
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 Camden County Regional Chamber Of Commerce Inc's IRS 990 filings:
- Consistent negative net assets, indicating financial instability.
- Significant decline in revenue from 2014 ($466,267) to 2023 ($189,728).
- Reporting 0% compensation for all key employees across multiple years raises questions about financial transparency and reporting accuracy.
Strengths
The following positive indicators were identified for Camden County Regional Chamber Of Commerce Inc:
- Maintains operations despite financial challenges over several years.
- Consistent reporting of financial data, albeit with concerning trends.
Frequently Asked Questions about Camden County Regional Chamber Of Commerce Inc
Is Camden County Regional Chamber Of Commerce Inc a legitimate charity?
Camden County Regional Chamber Of Commerce Inc (EIN: 222171107) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 6 years of IRS 990 filings on record. Total revenue: $190K. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Camden County Regional Chamber Of Commerce Inc spend its money?
Camden County Regional Chamber Of Commerce Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Camden County Regional Chamber Of Commerce Inc tax-deductible?
Camden County Regional Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 222171107). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Camden County Regional Chamber Of Commerce Inc's spending goes to programs?
Camden County Regional Chamber Of Commerce Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Camden County Regional Chamber Of Commerce Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Camden County Regional Chamber Of Commerce Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Camden County Regional Chamber Of Commerce Inc located?
Camden County Regional Chamber Of Commerce Inc is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 222171107. It is classified under NTEE code S41.
How many years of IRS 990 filings does Camden County Regional Chamber Of Commerce Inc have?
Camden County Regional Chamber Of Commerce Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $190K in total revenue.
What does Camden County Regional Chamber Of Commerce Inc do?
Camden County Regional Chamber Of Commerce Inc is a nonprofit organization in the Community Improvement sector, located in Cherry Hill, New Jersey. It is classified under NTEE code S41.
How much revenue does Camden County Regional Chamber Of Commerce Inc have?
Camden County Regional Chamber Of Commerce Inc reported total revenue of $189,728. Based on 6 IRS 990 filings on record.
What are Camden County Regional Chamber Of Commerce Inc's total assets?
Camden County Regional Chamber Of Commerce Inc holds total assets of $45,342 as reported in IRS 990 filings.
Where is Camden County Regional Chamber Of Commerce Inc located?
Camden County Regional Chamber Of Commerce Inc is based in Cherry Hill, New Jersey.
What is Camden County Regional Chamber Of Commerce Inc's EIN?
Camden County Regional Chamber Of Commerce Inc's Employer Identification Number (EIN) is 222171107. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Camden County Regional Chamber Of Commerce Inc?
Camden County Regional Chamber Of Commerce Inc is classified under NTEE code S41 (Community Improvement).
Is Camden County Regional Chamber Of Commerce Inc a registered 501(c)(3)?
Yes, Camden County Regional Chamber Of Commerce Inc is recognized as a tax-exempt organization by the IRS. EIN: 222171107.
Does Camden County Regional Chamber Of Commerce Inc file IRS Form 990?
Yes, Camden County Regional Chamber Of Commerce Inc has 6 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Camden County Regional Chamber Of Commerce Inc's revenue in 2023?
In the 202312 filing period, Camden County Regional Chamber Of Commerce Inc reported total revenue of $218,512, total expenses of $183,754, and net assets of $52,720.
Is Camden County Regional Chamber Of Commerce Inc's revenue growing or declining?
Camden County Regional Chamber Of Commerce Inc's revenue is growing. Revenue went from $146,270 (202212) to $218,512 (202312), a +49.4% change. Based on 6 filings on record.
What is Camden County Regional Chamber Of Commerce Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Camden County Regional Chamber Of Commerce Inc covers tax period 202312. It shows revenue of $218,512, expenses of $183,754, total assets of $52,720, and liabilities of $109,533.
How much does Camden County Regional Chamber Of Commerce Inc spend on programs vs administration?
Based on IRS 990 analysis, Camden County Regional Chamber Of Commerce Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Camden County Regional Chamber Of Commerce Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Camden County Regional Chamber Of Commerce Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Camden County Regional Chamber Of Commerce Inc?
The following concerns were identified: Consistent negative net assets, indicating financial instability.. Significant decline in revenue from 2014 ($466,267) to 2023 ($189,728).. Reporting 0% compensation for all key employees across multiple years raises questions about financial transparency and reporting accuracy.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Camden County Regional Chamber Of Commerce Inc's strengths?
Positive indicators for Camden County Regional Chamber Of Commerce Inc include: Maintains operations despite financial challenges over several years.. Consistent reporting of financial data, albeit with concerning trends.. These findings are derived from AI analysis of the organization's financial filings.
How does Camden County Regional Chamber Of Commerce Inc compensate executives?
Executive compensation is not reported in the provided data, with all filings indicating 0% compensation for key employees, which is unusual for an organization of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% compensation for key employees, what is the actual operational model for leadership and how are they compensated, if not through direct salary?
The consistent 0% compensation reported suggests either a fully volunteer-led executive team, compensation through non-salary benefits not captured in these filings, or potential underreporting. Further inquiry into their operational structure and compensation policies is needed.
What factors contributed to the substantial revenue decline from $466,267 in 2014 to $189,728 in 2023, and what strategies are in place to reverse this trend?
The data alone does not specify the reasons for the revenue decline. Potential factors could include changes in membership, economic conditions, or shifts in fundraising strategies. Understanding the specific causes and future revenue generation plans is crucial for assessing sustainability.
Filing History
IRS 990 filing history for Camden County Regional Chamber Of Commerce Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2013–2023), Camden County Regional Chamber Of Commerce Inc's revenue has declined by 46.7%, moving from $410K to $219K. Total assets increased by 14.3% over the same period, from $46K to $53K. Total functional expenses fell by 54.5%, from $404K to $184K. In its most recent filing year (2023), Camden County Regional Chamber Of Commerce Inc reported a surplus of $35K, with revenue exceeding expenses. The organization holds $110K in liabilities against $53K in assets (debt-to-asset ratio: 207.8%), resulting in net assets of $-56,813.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $219K | $184K | $53K | $110K | — | — |
| 2022 | $146K | $172K | $25K | $117K | — | View 990 |
| 2021 | $110K | $137K | $60K | $126K | — | — |
| 2020 | $126K | $121K | $102K | $140K | — | — |
| 2014 | $466K | $470K | $38K | $80K | — | — |
| 2013 | $410K | $404K | $46K | $84K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $219K, expenses of $184K, and assets of $53K (revenue +49.4% year-over-year).
- 2022: Revenue of $146K, expenses of $172K, and assets of $25K (revenue +33.2% year-over-year).
- 2021: Revenue of $110K, expenses of $137K, and assets of $60K (revenue -12.6% year-over-year).
- 2020: Revenue of $126K, expenses of $121K, and assets of $102K (revenue -73.1% year-over-year).
- 2014: Revenue of $466K, expenses of $470K, and assets of $38K (revenue +13.7% year-over-year).
- 2013: Revenue of $410K, expenses of $404K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camden County Regional Chamber Of Commerce Inc:
Data Sources and Methodology
This transparency report for Camden County Regional Chamber Of Commerce Inc 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.