Meadowlands Chamber Of Commerce
Meadowlands Chamber Of Commerce: Consistent Revenue, Growing Assets, and Strong Liquidity
EIN: 221616519 · Lyndhurst, NJ · Updated: 2026-04-04
About Meadowlands Chamber Of Commerce
Meadowlands Chamber Of Commerce (EIN: 221616519) is a nonprofit organization based in Lyndhurst, NJ. The organization reported total revenue of $1.8M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meadowlands Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Meadowlands 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: 70%
- fundraising: 15%
According to IRS 990 filings, Meadowlands Chamber Of Commerce allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as specific compensation figures are not included in the summary.
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 Meadowlands Chamber Of Commerce:
- Consistent revenue generation over the past 8 years, averaging around $1.5 million annually.
- Significant growth in assets from $539,800 in 2017 to $2,349,727 in 2023, indicating strong financial health.
- Healthy liquidity, with liabilities consistently lower than assets, and a substantial increase in net assets over time.
Frequently Asked Questions about Meadowlands Chamber Of Commerce
What does Meadowlands Chamber Of Commerce do?
Meadowlands Chamber Of Commerce is a nonprofit organization in the Unknown sector, located in Lyndhurst, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Meadowlands Chamber Of Commerce have?
Meadowlands Chamber Of Commerce reported total revenue of $1,826,543. Based on 13 IRS 990 filings on record.
What are Meadowlands Chamber Of Commerce's total assets?
Meadowlands Chamber Of Commerce holds total assets of $2,349,727 as reported in IRS 990 filings.
Where is Meadowlands Chamber Of Commerce located?
Meadowlands Chamber Of Commerce is based in Lyndhurst, New Jersey.
What is Meadowlands Chamber Of Commerce's EIN?
Meadowlands Chamber Of Commerce's Employer Identification Number (EIN) is 221616519. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Meadowlands Chamber Of Commerce?
Meadowlands Chamber Of Commerce is classified under NTEE code Unknown (Unknown).
Is Meadowlands Chamber Of Commerce a registered 501(c)(3)?
Meadowlands Chamber Of Commerce appears in IRS records (EIN: 221616519). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Meadowlands Chamber Of Commerce file IRS Form 990?
Yes, Meadowlands Chamber Of Commerce has 13 IRS Form 990 filings on record. The most recent covers tax period 202310.
What was Meadowlands Chamber Of Commerce's revenue in 2023?
In the 202310 filing period, Meadowlands Chamber Of Commerce reported total revenue of $1,742,472, total expenses of $1,888,083, and net assets of $1,697,377.
Is Meadowlands Chamber Of Commerce's revenue growing or declining?
Meadowlands Chamber Of Commerce's revenue is growing. Revenue went from $1,573,539 (202210) to $1,742,472 (202310), a +10.7% change. Based on 13 filings on record.
What is Meadowlands Chamber Of Commerce's most recent 990 filing?
The most recent IRS Form 990 filing for Meadowlands Chamber Of Commerce covers tax period 202310. It shows revenue of $1,742,472, expenses of $1,888,083, total assets of $1,697,377, and liabilities of $1,425,942.
How much does Meadowlands Chamber Of Commerce spend on programs vs administration?
Based on IRS 990 analysis, Meadowlands Chamber Of Commerce allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Meadowlands Chamber Of Commerce a trustworthy charity?
Based on AI analysis of IRS 990 data, Meadowlands Chamber Of Commerce appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Meadowlands Chamber Of Commerce's strengths?
Positive indicators for Meadowlands Chamber Of Commerce include: Consistent revenue generation over the past 8 years, averaging around $1.5 million annually.. Significant growth in assets from $539,800 in 2017 to $2,349,727 in 2023, indicating strong financial health.. Healthy liquidity, with liabilities consistently lower than assets, and a substantial increase in net assets over time.. These findings are derived from AI analysis of the organization's financial filings.
How does Meadowlands Chamber Of Commerce compensate executives?
Executive compensation cannot be assessed from the provided data, as specific compensation figures are not included in the summary. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the substantial increase in assets from $660,776 in 2018 to $1,697,377 in 2023?
The provided data shows a consistent increase in assets, particularly notable between 2018 and 2023. This growth likely stems from a combination of consistent revenue exceeding expenses and potentially strategic investments or capital gains, though specific drivers would require reviewing detailed financial statements.
Filing History
IRS 990 filing history for Meadowlands Chamber Of Commerce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Meadowlands Chamber Of Commerce's revenue has grown by 19.4%, moving from $1.5M to $1.7M. Total assets increased by 132% over the same period, from $732K to $1.7M. Total functional expenses rose by 30.6%, from $1.4M to $1.9M. In its most recent filing year (2023), Meadowlands Chamber Of Commerce reported a deficit of $146K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $1.7M in assets (debt-to-asset ratio: 84.0%), resulting in net assets of $271K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.9M | $1.7M | $1.4M | — | View 990 |
| 2022 | $1.6M | $1.6M | $1.4M | $871K | — | — |
| 2021 | $1.7M | $1.4M | $1.5M | $939K | — | View 990 |
| 2020 | $1.6M | $1.4M | $1.6M | $1.2M | — | — |
| 2019 | $1.8M | $1.3M | $1.6M | $1.2M | — | View 990 |
| 2018 | $1.5M | $1.4M | $661K | $606K | — | View 990 |
| 2017 | $1.4M | $1.3M | $540K | $531K | — | — |
| 2016 | $1.4M | $1.4M | $549K | $532K | — | View 990 |
| 2015 | $1.4M | $1.6M | $495K | $526K | — | View 990 |
| 2014 | $1.8M | $1.8M | $578K | $485K | — | View 990 |
| 2013 | $1.8M | $1.9M | $816K | $759K | — | View 990 |
| 2012 | $1.5M | $1.5M | $720K | $602K | — | View 990 |
| 2011 | $1.5M | $1.4M | $732K | $548K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.9M, and assets of $1.7M (revenue +10.7% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $1.4M (revenue -6.8% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.4M, and assets of $1.5M (revenue +8.8% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.4M, and assets of $1.6M (revenue -15.3% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.3M, and assets of $1.6M (revenue +25.4% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.4M, and assets of $661K (revenue +6.3% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.3M, and assets of $540K (revenue -3.0% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $549K (revenue -1.7% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.6M, and assets of $495K (revenue -20.5% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.8M, and assets of $578K (revenue +1.0% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.9M, and assets of $816K (revenue +21.2% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $720K (revenue +1.4% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.4M, and assets of $732K.
Data Sources and Methodology
This transparency report for Meadowlands 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.