Cape May County Chamber Of Commerce

Cape May County Chamber of Commerce maintains stable revenue and growing assets, with no reported officer compensation, despite recent operational deficits.

EIN: 210698652 · Cape May Ch, NJ · Updated: 2026-03-28

$698KRevenue
$745KAssets
75/100Mission Score (Good)

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Cape May County Chamber Of Commerce Financial Summary
MetricValue
Total Revenue$698K
Total Expenses$711K
Program Spending70%
Net Assets$431K
Transparency Score75/100

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Cape May County Chamber Of Commerce Form 990, Revenue, CEO Pay, and IRS Filing Signals

Cape May County Chamber Of Commerce is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Cape May County Chamber Of Commerce in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $681K and expenses of $711K.

Revenue and Expenses

Cape May County Chamber Of Commerce reported $681K in revenue and $711K in expenses, a deficit of $31K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.

Is Cape May County Chamber Of Commerce Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Cape May County Chamber Of Commerce Expense Deployment
Program services$498K (70%)

Across stored filings, Cape May County Chamber Of Commerce shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Cape May County Chamber Of Commerce Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade C13 stored filing years
Peer contextCompare with Dance For The Cure IncNew Jersey and category context

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Cape May County Chamber Of Commerce directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Cape May County Chamber Of Commerce

Cape May County Chamber Of Commerce (EIN: 210698652) is a nonprofit organization based in Cape May Ch, NJ. The organization reported total revenue of $698K and total assets of $745K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cape May County Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

56Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Cape May County Chamber Of Commerce is a small nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$681K
Total Expenses$711K
Surplus / Deficit$-30,820
Total Assets$911K
Total Liabilities$480K
Net Assets$431K
Operating Margin-4.5%
Debt-to-Asset Ratio52.7%
Months of Reserves15.4 months

Financial Health Grade: C

In 2023, Cape May County Chamber Of Commerce reported a deficit of $31K with expenses exceeding revenue, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 52.7% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Cape May County Chamber Of Commerce's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023-1.8%-3.8%-3.4%
2022-13.6%+46.2%+1.3%
2021+27.0%-17.9%+106.6%
2020-8.1%-7.4%+27.2%
2019-1.7%-0.7%+6.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1970

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Cape May County Chamber of Commerce demonstrates a generally stable financial position, with revenues consistently in the range of $600,000 to $800,000 over the past decade. While there have been fluctuations, such as a significant surplus in 2021 ($802,009 revenue vs. $505,651 expenses) and deficits in 2022 and 2023, the organization maintains a healthy asset base, growing from $271,802 in 2015 to $911,314 in 2023. This growth in assets, alongside a corresponding increase in liabilities, suggests ongoing operational activity and investment. The organization's spending efficiency appears reasonable for a chamber of commerce, which often involves significant administrative and event-related costs. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing executive pay, which is a positive sign for transparency and resource allocation. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The deficits in recent years (e.g., $711,369 expenses against $680,549 revenue in 2023) warrant attention to ensure long-term sustainability. Transparency is strong regarding executive compensation, with no reported officer compensation. However, the absence of NTEE code information and a detailed functional expense breakdown in the provided data limits a deeper analysis of program focus and operational efficiency. The consistent filing of IRS Form 990s over many years indicates good compliance with reporting requirements.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cape May County 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Cape May County Chamber Of Commerce allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$681KTotal Revenue
$711KTotal Expenses
$911KTotal Assets
$480KTotal Liabilities
$431KNet Assets
  • The organization reported a deficit of $31K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 52.7%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for resource allocation relative to its 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 Cape May County Chamber Of Commerce's IRS 990 filings:

  • Operational deficits in recent years (2022 and 2023)
  • Lack of detailed functional expense breakdown in provided data

Strengths

The following positive indicators were identified for Cape May County Chamber Of Commerce:

  • Consistent revenue generation over a decade
  • Significant growth in assets over time (from $271,802 in 2015 to $911,314 in 2023)
  • 0% reported officer compensation, indicating strong financial stewardship
  • Consistent IRS 990 filing history (13 filings)
  • Healthy asset base relative to annual revenue

Frequently Asked Questions about Cape May County Chamber Of Commerce

Is Cape May County Chamber Of Commerce a legitimate charity?

Cape May County Chamber Of Commerce (EIN: 210698652) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $698K. 2 red flags identified. 5 strengths noted. Financial health grade: C.

How does Cape May County Chamber Of Commerce spend its money?

Cape May County Chamber Of Commerce directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Cape May County Chamber Of Commerce tax-deductible?

Cape May County Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 210698652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Cape May County Chamber Of Commerce's spending goes to programs?

Cape May County Chamber Of Commerce directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is Cape May County Chamber Of Commerce located?

Cape May County Chamber Of Commerce is headquartered in Cape May Ch, New Jersey and files with the IRS under EIN 210698652.

How many years of IRS 990 filings does Cape May County Chamber Of Commerce have?

Cape May County Chamber Of Commerce has 13 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 $698K in total revenue.

Is Cape May County Chamber Of Commerce financially stable?

Yes, the organization appears generally stable with consistent revenues and growing assets, though recent deficits in 2022 and 2023 (e.g., $711,369 expenses vs. $680,549 revenue in 2023) suggest a need to monitor expenditure against income.

How does the organization manage executive compensation?

The organization reports 0% officer compensation in all available filings, indicating that no officers are compensated, which is a strong positive for financial stewardship.

What is the trend in the organization's assets?

Assets have shown a significant upward trend, growing from $271,802 in 2015 to $911,314 in 2023, indicating financial growth and potentially increased capacity.

Are there any concerns about recent financial performance?

Yes, the organization experienced operational deficits in 2022 and 2023, with expenses exceeding revenue. For example, in 2023, expenses were $711,369 against revenues of $680,549, which warrants monitoring.

Filing History

IRS 990 filing history for Cape May County Chamber Of Commerce showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Cape May County Chamber Of Commerce's revenue has grown by 9.8%, moving from $620K to $681K. Total assets increased by 193.9% over the same period, from $310K to $911K. Total functional expenses rose by 14.6%, from $621K to $711K. In its most recent filing year (2023), Cape May County Chamber Of Commerce reported a deficit of $31K, with expenses exceeding revenue. The organization holds $480K in liabilities against $911K in assets (debt-to-asset ratio: 52.7%), resulting in net assets of $431K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $681K $711K $911K $480K View 990
2022 $693K $739K $943K $481K View 990
2021 $802K $506K $931K $423K View 990
2020 $631K $616K $451K $239K
2019 $687K $666K $354K $157K View 990
2018 $699K $670K $334K $158K View 990
2017 $639K $655K $309K $161K View 990
2016 $641K $633K $310K $146K View 990
2015 $627K $646K $272K $115K View 990
2014 $663K $641K $294K $119K View 990
2013 $643K $632K $297K $143K View 990
2012 $621K $619K $295K $152K View 990
2011 $620K $621K $310K $169K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $681K, expenses of $711K, and assets of $911K (revenue -1.8% year-over-year).
  • 2022: Revenue of $693K, expenses of $739K, and assets of $943K (revenue -13.6% year-over-year).
  • 2021: Revenue of $802K, expenses of $506K, and assets of $931K (revenue +27.0% year-over-year).
  • 2020: Revenue of $631K, expenses of $616K, and assets of $451K (revenue -8.1% year-over-year).
  • 2019: Revenue of $687K, expenses of $666K, and assets of $354K (revenue -1.7% year-over-year).
  • 2018: Revenue of $699K, expenses of $670K, and assets of $334K (revenue +9.4% year-over-year).
  • 2017: Revenue of $639K, expenses of $655K, and assets of $309K (revenue -0.3% year-over-year).
  • 2016: Revenue of $641K, expenses of $633K, and assets of $310K (revenue +2.2% year-over-year).
  • 2015: Revenue of $627K, expenses of $646K, and assets of $272K (revenue -5.4% year-over-year).
  • 2014: Revenue of $663K, expenses of $641K, and assets of $294K (revenue +3.0% year-over-year).
  • 2013: Revenue of $643K, expenses of $632K, and assets of $297K (revenue +3.5% year-over-year).
  • 2012: Revenue of $621K, expenses of $619K, and assets of $295K (revenue +0.2% year-over-year).
  • 2011: Revenue of $620K, expenses of $621K, and assets of $310K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Cape May County Chamber Of Commerce:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Cape May County 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.

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