Greater Rochester Chamber Of Commerce
Greater Rochester Chamber Of Commerce maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 20185370 · Rochester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $390K |
| Total Expenses | $335K |
| Program Spending | 80% |
| Net Assets | $417K |
| Transparency Score | 75/100 |
Is Greater Rochester Chamber Of Commerce Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Rochester Chamber Of Commerce directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Rochester Chamber Of Commerce
Greater Rochester Chamber Of Commerce (EIN: 20185370) is a nonprofit organization based in Rochester, NH. The organization reported total revenue of $390K and total assets of $435K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Rochester Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Rochester Chamber Of Commerce is a small nonprofit that has been operating for 83 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $382K |
| Total Expenses | $335K |
| Surplus / Deficit | +$47K |
| Total Assets | $461K |
| Total Liabilities | $44K |
| Net Assets | $417K |
| Operating Margin | 12.3% |
| Debt-to-Asset Ratio | 9.4% |
| Months of Reserves | 16.5 months |
Financial Health Grade: A
In 2023, Greater Rochester Chamber Of Commerce reported a surplus of $47K with revenue exceeding expenses, holds 16.5 months of operating reserves (strong position), has a debt-to-asset ratio of 9.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Rochester Chamber Of Commerce's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.5% | -4.7% | +13.5% |
| 2022 | -13.7% | +12.1% | -9.0% |
| 2021 | +20.4% | +8.2% | +13.4% |
| 2020 | -0.6% | -1.0% | +4.6% |
| 2019 | -5.5% | +6.0% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1943 |
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 Rochester 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Greater Rochester Chamber Of Commerce allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership may be volunteer-based or compensated through non-officer roles, which is unusual for an organization of its size and revenue, and could indicate efficient use of funds or a different operational model.
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 Greater Rochester Chamber Of Commerce's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, making precise efficiency assessment difficult.
- Consistent 0% officer compensation could indicate a lack of transparency if executives are compensated through other means not clearly disclosed.
Strengths
The following positive indicators were identified for Greater Rochester Chamber Of Commerce:
- Consistent financial stability with revenues generally exceeding expenses.
- Growing asset base over the past decade, indicating sound financial management.
- Low liabilities relative to assets, suggesting good solvency.
- Long history of IRS 990 filings (13 years) demonstrating transparency in reporting financial data.
- No reported officer compensation, potentially indicating efficient use of funds for mission-related activities.
Frequently Asked Questions about Greater Rochester Chamber Of Commerce
Is Greater Rochester Chamber Of Commerce a legitimate charity?
Greater Rochester Chamber Of Commerce (EIN: 20185370) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $390K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Greater Rochester Chamber Of Commerce spend its money?
Greater Rochester Chamber Of Commerce directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Greater Rochester Chamber Of Commerce tax-deductible?
Greater Rochester Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 20185370). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greater Rochester Chamber Of Commerce's spending goes to programs?
Greater Rochester Chamber Of Commerce directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Greater Rochester Chamber Of Commerce located?
Greater Rochester Chamber Of Commerce is headquartered in Rochester, New Hampshire and files with the IRS under EIN 20185370.
How many years of IRS 990 filings does Greater Rochester Chamber Of Commerce have?
Greater Rochester 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 $390K in total revenue.
How does the Greater Rochester Chamber Of Commerce allocate its expenses between program services, administration, and fundraising?
Based on the provided data, a precise breakdown of functional expenses is not available. However, given the nature of a Chamber of Commerce, a significant portion of expenses would typically be allocated to member services and community programs (program services), with a smaller portion for administrative overhead and fundraising. Without specific details from the 990, an estimated breakdown is provided in the 'spendingBreakdown' section.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all 13 filings suggests that the organization's top executives may be volunteers, or their compensation is structured in a way that it is not reported under 'officer compensation' on the IRS Form 990. This could be a strength in terms of resource allocation but also warrants further inquiry for full transparency.
Is the organization financially stable?
Yes, the Greater Rochester Chamber Of Commerce appears financially stable. It has consistently generated revenues that generally exceed expenses, leading to a growing asset base from $288,796 in 2014 to $461,006 in 2023. Liabilities are also relatively low compared to assets, indicating good solvency.
Filing History
IRS 990 filing history for Greater Rochester Chamber Of Commerce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Rochester Chamber Of Commerce's revenue has grown by 21.8%, moving from $313K to $382K. Total assets increased by 82.9% over the same period, from $252K to $461K. Total functional expenses rose by 9.4%, from $306K to $335K. In its most recent filing year (2023), Greater Rochester Chamber Of Commerce reported a surplus of $47K, with revenue exceeding expenses. The organization holds $44K in liabilities against $461K in assets (debt-to-asset ratio: 9.4%), resulting in net assets of $417K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $382K | $335K | $461K | $44K | — | View 990 |
| 2022 | $317K | $351K | $406K | $36K | — | View 990 |
| 2021 | $367K | $313K | $447K | $42K | — | View 990 |
| 2020 | $305K | $289K | $394K | $43K | — | — |
| 2019 | $307K | $292K | $377K | $41K | — | View 990 |
| 2018 | $324K | $276K | $357K | $35K | — | View 990 |
| 2017 | $336K | $317K | $320K | $47K | — | View 990 |
| 2016 | $346K | $306K | $308K | $54K | — | View 990 |
| 2015 | $340K | $297K | $322K | $107K | — | View 990 |
| 2014 | $342K | $306K | $289K | $117K | — | View 990 |
| 2013 | $311K | $296K | $278K | $142K | — | View 990 |
| 2012 | $333K | $317K | $282K | $161K | — | View 990 |
| 2011 | $313K | $306K | $252K | $146K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $382K, expenses of $335K, and assets of $461K (revenue +20.5% year-over-year).
- 2022: Revenue of $317K, expenses of $351K, and assets of $406K (revenue -13.7% year-over-year).
- 2021: Revenue of $367K, expenses of $313K, and assets of $447K (revenue +20.4% year-over-year).
- 2020: Revenue of $305K, expenses of $289K, and assets of $394K (revenue -0.6% year-over-year).
- 2019: Revenue of $307K, expenses of $292K, and assets of $377K (revenue -5.5% year-over-year).
- 2018: Revenue of $324K, expenses of $276K, and assets of $357K (revenue -3.5% year-over-year).
- 2017: Revenue of $336K, expenses of $317K, and assets of $320K (revenue -2.8% year-over-year).
- 2016: Revenue of $346K, expenses of $306K, and assets of $308K (revenue +1.8% year-over-year).
- 2015: Revenue of $340K, expenses of $297K, and assets of $322K (revenue -0.6% year-over-year).
- 2014: Revenue of $342K, expenses of $306K, and assets of $289K (revenue +10.0% year-over-year).
- 2013: Revenue of $311K, expenses of $296K, and assets of $278K (revenue -6.6% year-over-year).
- 2012: Revenue of $333K, expenses of $317K, and assets of $282K (revenue +6.2% year-over-year).
- 2011: Revenue of $313K, expenses of $306K, and assets of $252K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Rochester Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Greater Rochester 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.