Central Aroostook Chamber Of Commer Ce
Central Aroostook Chamber Of Commerce maintains stable finances with no reported officer compensation.
EIN: 10191110 · Presque Isle, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $178K |
| Program Spending | 85% |
| Net Assets | $183K |
| Transparency Score | 85/100 |
Is Central Aroostook Chamber Of Commer Ce Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Aroostook Chamber Of Commer Ce directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Aroostook Chamber Of Commer Ce
Central Aroostook Chamber Of Commer Ce (EIN: 10191110) is a nonprofit organization based in Presque Isle, ME. The organization reported total revenue of $174K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Aroostook Chamber Of Commer Ce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Aroostook Chamber Of Commer Ce is a small nonprofit that has been operating for 78 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $175K |
| Total Expenses | $178K |
| Surplus / Deficit | $-2,870 |
| Total Assets | $186K |
| Total Liabilities | $3K |
| Net Assets | $183K |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 12.6 months |
Financial Health Grade: B
In 2023, Central Aroostook Chamber Of Commer Ce reported a deficit of $3K with expenses exceeding revenue, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central Aroostook Chamber Of Commer Ce's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | +5.8% | -1.1% |
| 2022 | +7.4% | +14.9% | -1.0% |
| 2021 | +18.3% | +15.5% | +6.6% |
| 2020 | -1.8% | -5.5% | +4.9% |
| 2019 | -5.6% | +8.4% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1948 |
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 Central Aroostook Chamber Of Commer Ce with a Mission Score of 85 out of 100 (Excellent). 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, Central Aroostook Chamber Of Commer Ce 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer or compensated through non-officer roles, 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.
Strengths
The following positive indicators were identified for Central Aroostook Chamber Of Commer Ce:
- Consistent financial stability with revenues generally matching or exceeding expenses.
- Very low liabilities, indicating minimal debt burden.
- Steady growth in assets over the past decade, from $134,181 in 2016 to $186,358 in 2023.
- 0% reported officer compensation across all filings, suggesting efficient use of funds.
- Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
Frequently Asked Questions about Central Aroostook Chamber Of Commer Ce
Is Central Aroostook Chamber Of Commer Ce a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Aroostook Chamber Of Commer Ce (EIN: 10191110) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Central Aroostook Chamber Of Commer Ce spend its money?
Central Aroostook Chamber Of Commer Ce directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Central Aroostook Chamber Of Commer Ce tax-deductible?
Central Aroostook Chamber Of Commer Ce is registered as a tax-exempt nonprofit (EIN: 10191110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Central Aroostook Chamber Of Commer Ce's spending goes to programs?
Central Aroostook Chamber Of Commer Ce directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Central Aroostook Chamber Of Commer Ce located?
Central Aroostook Chamber Of Commer Ce is headquartered in Presque Isle, Maine and files with the IRS under EIN 10191110.
How many years of IRS 990 filings does Central Aroostook Chamber Of Commer Ce have?
Central Aroostook Chamber Of Commer Ce 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 $174K in total revenue.
How does the Central Aroostook Chamber Of Commerce allocate its non-programmatic expenses?
While the provided data indicates 0% officer compensation, a detailed breakdown of administrative versus fundraising expenses is not available in the summary. A deeper dive into the full 990 forms would be needed to understand the specific allocation of non-programmatic spending.
What is the primary source of the organization's revenue?
The provided data only shows total revenue figures. To understand the primary sources (e.g., membership dues, program service revenue, contributions), one would need to consult the full IRS Form 990.
Does the organization have sufficient reserves to cover operational expenses?
With assets of $186,358 and annual expenses around $177,806 (2023), the organization appears to have approximately one year's worth of operating expenses in reserves, indicating a healthy financial cushion.
Filing History
IRS 990 filing history for Central Aroostook Chamber Of Commer Ce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Aroostook Chamber Of Commer Ce's revenue has grown by 44.5%, moving from $121K to $175K. Total assets increased by 49.2% over the same period, from $125K to $186K. Total functional expenses rose by 64.5%, from $108K to $178K. In its most recent filing year (2023), Central Aroostook Chamber Of Commer Ce reported a deficit of $3K, with expenses exceeding revenue. The organization holds $3K in liabilities against $186K in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $183K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $175K | $178K | $186K | $3K | — | — |
| 2022 | $169K | $168K | $188K | $3K | — | View 990 |
| 2021 | $158K | $146K | $190K | $6K | — | View 990 |
| 2020 | $133K | $127K | $179K | $5K | — | — |
| 2019 | $136K | $134K | $170K | $3K | — | View 990 |
| 2018 | $144K | $124K | $167K | $2K | — | View 990 |
| 2017 | $145K | $129K | $151K | $6K | — | View 990 |
| 2016 | $161K | $168K | $134K | $5K | — | View 990 |
| 2015 | $115K | $116K | $139K | $2K | — | View 990 |
| 2014 | $124K | $108K | $145K | $7K | — | View 990 |
| 2013 | $111K | $103K | $124K | $2K | — | View 990 |
| 2012 | $102K | $105K | $116K | $2K | — | View 990 |
| 2011 | $121K | $108K | $125K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $175K, expenses of $178K, and assets of $186K (revenue +3.4% year-over-year).
- 2022: Revenue of $169K, expenses of $168K, and assets of $188K (revenue +7.4% year-over-year).
- 2021: Revenue of $158K, expenses of $146K, and assets of $190K (revenue +18.3% year-over-year).
- 2020: Revenue of $133K, expenses of $127K, and assets of $179K (revenue -1.8% year-over-year).
- 2019: Revenue of $136K, expenses of $134K, and assets of $170K (revenue -5.6% year-over-year).
- 2018: Revenue of $144K, expenses of $124K, and assets of $167K (revenue -0.7% year-over-year).
- 2017: Revenue of $145K, expenses of $129K, and assets of $151K (revenue -10.1% year-over-year).
- 2016: Revenue of $161K, expenses of $168K, and assets of $134K (revenue +40.3% year-over-year).
- 2015: Revenue of $115K, expenses of $116K, and assets of $139K (revenue -7.4% year-over-year).
- 2014: Revenue of $124K, expenses of $108K, and assets of $145K (revenue +11.7% year-over-year).
- 2013: Revenue of $111K, expenses of $103K, and assets of $124K (revenue +9.1% year-over-year).
- 2012: Revenue of $102K, expenses of $105K, and assets of $116K (revenue -16.1% year-over-year).
- 2011: Revenue of $121K, expenses of $108K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Aroostook Chamber Of Commer Ce:
Data Sources and Methodology
This transparency report for Central Aroostook Chamber Of Commer Ce 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.