Greater Nashua Chamber Of Commerce
Greater Nashua Chamber Of Commerce shows consistent revenue growth and zero officer compensation.
EIN: 20116973 · Nashua, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $530K |
| Total Expenses | $489K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $229K |
| Transparency Score | 85/100 |
Is Greater Nashua Chamber Of Commerce Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Nashua Chamber Of Commerce directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Greater Nashua Chamber Of Commerce
Greater Nashua Chamber Of Commerce (EIN: 20116973) is a nonprofit organization based in Nashua, NH. The organization reported total revenue of $530K and total assets of $370K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Nashua Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Nashua Chamber Of Commerce is a small nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $536K |
| Total Expenses | $489K |
| Surplus / Deficit | +$48K |
| Total Assets | $395K |
| Total Liabilities | $166K |
| Net Assets | $229K |
| Operating Margin | 8.9% |
| Debt-to-Asset Ratio | 42.1% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Greater Nashua Chamber Of Commerce reported a surplus of $48K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 42.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2023), Greater Nashua Chamber Of Commerce's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | +16.7% | +19.6% |
| 2022 | -11.1% | +4.1% | +18.3% |
| 2021 | +27.8% | +28.1% | +59.7% |
| 2020 | +13.2% | -20.7% | +51.1% |
| 2019 | -30.6% | -23.8% | -31.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1945 |
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 Greater Nashua Chamber Of Commerce 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Greater Nashua 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:
- The organization reported a surplus of $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is highly favorable for a nonprofit of its size with revenues consistently above $400,000.
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 Greater Nashua Chamber Of Commerce:
- Consistent revenue growth in recent years (e.g., $439,972 in 2022 to $536,128 in 2023).
- Positive net income in most recent filings (e.g., $47,551 in 2023).
- Significant growth in assets over the past five years (from $115,668 in 2019 to $394,988 in 2023).
- Zero officer compensation reported across all available filings, indicating strong volunteer leadership or efficient executive structure.
- Consistent filing history of IRS 990s, demonstrating transparency and accountability.
Frequently Asked Questions about Greater Nashua Chamber Of Commerce
Is Greater Nashua Chamber Of Commerce a legitimate charity?
Greater Nashua Chamber Of Commerce (EIN: 20116973) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $530K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Greater Nashua Chamber Of Commerce spend its money?
Greater Nashua Chamber Of Commerce directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Greater Nashua Chamber Of Commerce tax-deductible?
Greater Nashua Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 20116973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greater Nashua Chamber Of Commerce CEO make?
Greater Nashua Chamber Of Commerce's highest-compensated officer earns $400,000. annually. The organization reported $530K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Greater Nashua Chamber Of Commerce's spending goes to programs?
Greater Nashua Chamber Of Commerce directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Greater Nashua Chamber Of Commerce located?
Greater Nashua Chamber Of Commerce is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20116973.
How many years of IRS 990 filings does Greater Nashua Chamber Of Commerce have?
Greater Nashua 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 $530K in total revenue.
Is Greater Nashua Chamber Of Commerce financially stable?
Yes, the organization appears financially stable. In 2023, revenue ($536,128) exceeded expenses ($488,577), and assets have grown consistently from $115,668 in 2019 to $394,988 in 2023.
How has the organization's asset base changed over time?
The organization's assets have shown significant growth, increasing from $115,668 in 2019 to $394,988 in 2023, indicating healthy financial accumulation.
Does the Greater Nashua Chamber Of Commerce pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, suggesting that the organization's top leadership is not paid.
Filing History
IRS 990 filing history for Greater Nashua Chamber Of Commerce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Greater Nashua Chamber Of Commerce's revenue has declined by 2.8%, moving from $551K to $536K. Total assets increased by 47.3% over the same period, from $268K to $395K. Total functional expenses fell by 8.4%, from $533K to $489K. In its most recent filing year (2023), Greater Nashua Chamber Of Commerce reported a surplus of $48K, with revenue exceeding expenses. The organization holds $166K in liabilities against $395K in assets (debt-to-asset ratio: 42.1%), resulting in net assets of $229K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $536K | $489K | $395K | $166K | — | — |
| 2022 | $440K | $419K | $330K | $149K | — | — |
| 2021 | $495K | $402K | $279K | $119K | — | View 990 |
| 2020 | $387K | $314K | $175K | $107K | — | View 990 |
| 2019 | $342K | $396K | $116K | $121K | — | View 990 |
| 2019 | $493K | $520K | $169K | $121K | — | View 990 |
| 2018 | $492K | $507K | $242K | $166K | — | View 990 |
| 2017 | $550K | $486K | $256K | $165K | — | View 990 |
| 2016 | $455K | $524K | $229K | $201K | — | View 990 |
| 2015 | $576K | $561K | $240K | $142K | — | View 990 |
| 2014 | $579K | $590K | $270K | $187K | — | View 990 |
| 2013 | $540K | $515K | $269K | $176K | — | View 990 |
| 2012 | $551K | $533K | $268K | $200K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $536K, expenses of $489K, and assets of $395K (revenue +21.9% year-over-year).
- 2022: Revenue of $440K, expenses of $419K, and assets of $330K (revenue -11.1% year-over-year).
- 2021: Revenue of $495K, expenses of $402K, and assets of $279K (revenue +27.8% year-over-year).
- 2020: Revenue of $387K, expenses of $314K, and assets of $175K (revenue +13.2% year-over-year).
- 2019: Revenue of $342K, expenses of $396K, and assets of $116K (revenue -30.6% year-over-year).
- 2019: Revenue of $493K, expenses of $520K, and assets of $169K (revenue +0.1% year-over-year).
- 2018: Revenue of $492K, expenses of $507K, and assets of $242K (revenue -10.5% year-over-year).
- 2017: Revenue of $550K, expenses of $486K, and assets of $256K (revenue +21.0% year-over-year).
- 2016: Revenue of $455K, expenses of $524K, and assets of $229K (revenue -21.2% year-over-year).
- 2015: Revenue of $576K, expenses of $561K, and assets of $240K (revenue -0.5% year-over-year).
- 2014: Revenue of $579K, expenses of $590K, and assets of $270K (revenue +7.2% year-over-year).
- 2013: Revenue of $540K, expenses of $515K, and assets of $269K (revenue -2.0% year-over-year).
- 2012: Revenue of $551K, expenses of $533K, and assets of $268K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Nashua Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Greater Nashua 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.