Greater Wildwood Chamber Of Commerce Corp

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Greater Wildwood Chamber Of Commerce Corp Form 990, Revenue, CEO Pay, and IRS Filing Signals

Greater Wildwood Chamber Of Commerce Corp 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 Greater Wildwood Chamber Of Commerce Corp in one place.

Is Greater Wildwood Chamber Of Commerce Corp Legit?

Some Concerns

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

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Request a concise report for Greater Wildwood Chamber Of Commerce Corp with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.

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Greater Wildwood Chamber Of Commerce Corp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Greater Wildwood Chamber Of Commerce Corp

Greater Wildwood Chamber Of Commerce Corp (EIN: 210466195) is a nonprofit organization based in Wildwood, NJ, classified under NTEE code S41. The organization reported total revenue of $507K and total assets of $593K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Wildwood Chamber Of Commerce Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Greater Wildwood Chamber Of Commerce Corp is a small nonprofit that has been operating for 82 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, Greater Wildwood Chamber Of Commerce Corp reported a deficit of $71K with expenses exceeding revenue, holds 12.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).

Financial Trends

Over 14 years of filings (2010–2023), Greater Wildwood Chamber Of Commerce Corp's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.

IRS Tax-Exempt Classification

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 Wildwood Chamber Of Commerce Corp 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: 80%
• fundraising: 10%

According to IRS 990 filings, Greater Wildwood Chamber Of Commerce Corp allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 deficit of $71K, with expenses exceeding revenue.
• Debt-to-asset ratio: 14.5%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating either a fully volunteer executive leadership or that executive compensation is categorized differently within their expenses, which is a positive sign for minimizing overhead related to top salaries.

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 Wildwood Chamber Of Commerce Corp's IRS 990 filings:

• Expenses exceeded revenue in the latest filing (202312), indicating an operational deficit for the year.
• Significant year-over-year revenue fluctuations (e.g., $767,050 in 202212 down to $506,729 in 202312) could indicate unpredictable funding sources.

Strengths

The following positive indicators were identified for Greater Wildwood Chamber Of Commerce Corp:

• Consistent IRS 990 filing history (14 filings) demonstrates strong transparency.
• Healthy asset-to-liability ratio ($592,521 assets vs. $86,204 liabilities in 202312) indicates financial stability.
• No reported officer compensation across all filings, suggesting efficient use of funds for executive leadership.
• Maintains a substantial asset base despite occasional operational deficits.

Frequently Asked Questions about Greater Wildwood Chamber Of Commerce Corp

Filing History

IRS 990 filing history for Greater Wildwood Chamber Of Commerce Corp showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Greater Wildwood Chamber Of Commerce Corp's revenue has declined by 32.2%, moving from $748K to $507K. Total assets decreased by 19.6% over the same period, from $737K to $593K. Total functional expenses fell by 21.7%, from $739K to $578K. In its most recent filing year (2023), Greater Wildwood Chamber Of Commerce Corp reported a deficit of $71K, with expenses exceeding revenue. The organization holds $86K in liabilities against $593K in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $506K.

Year-by-Year Financial Summary

• 2023: Revenue of $507K, expenses of $578K, and assets of $593K (revenue -33.9% year-over-year).
• 2022: Revenue of $767K, expenses of $637K, and assets of $666K (revenue +59.1% year-over-year).
• 2021: Revenue of $482K, expenses of $491K, and assets of $537K (revenue +42.1% year-over-year).
• 2020: Revenue of $339K, expenses of $369K, and assets of $548K (revenue -29.8% year-over-year).
• 2019: Revenue of $484K, expenses of $574K, and assets of $536K (revenue -24.4% year-over-year).
• 2018: Revenue of $640K, expenses of $624K, and assets of $632K (revenue +4.0% year-over-year).
• 2017: Revenue of $615K, expenses of $551K, and assets of $615K (revenue -8.1% year-over-year).
• 2016: Revenue of $669K, expenses of $502K, and assets of $547K (revenue +43.4% year-over-year).
• 2015: Revenue of $466K, expenses of $509K, and assets of $498K (revenue -21.1% year-over-year).
• 2014: Revenue of $591K, expenses of $618K, and assets of $529K (revenue -12.0% year-over-year).
• 2013: Revenue of $671K, expenses of $657K, and assets of $575K (revenue +10.1% year-over-year).
• 2012: Revenue of $610K, expenses of $646K, and assets of $566K (revenue -1.3% year-over-year).
• 2011: Revenue of $618K, expenses of $707K, and assets of $615K (revenue -17.3% year-over-year).
• 2010: Revenue of $748K, expenses of $739K, and assets of $737K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Greater Wildwood Chamber Of Commerce Corp:

Data Sources and Methodology

This transparency report for Greater Wildwood Chamber Of Commerce Corp 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.