Meredith Chamber Of Commerce

Meredith Chamber Of Commerce maintains stable finances with no executive compensation and zero liabilities.

EIN: 20235942 · Meredith, NH · NTEE: S41 · Updated: 2026-03-28

$141KRevenue
$20KAssets
85/100Mission Score (Excellent)
S41
Meredith Chamber Of Commerce Financial Summary
MetricValue
Total Revenue$141K
Total Expenses$109K
Program Spending80%
CEO/Top Officer Pay$100,000.
Net Assets$3K
Transparency Score85/100

Is Meredith Chamber Of Commerce Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

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

About Meredith Chamber Of Commerce

Meredith Chamber Of Commerce (EIN: 20235942) is a nonprofit organization based in Meredith, NH, classified under NTEE code S41. The organization reported total revenue of $141K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meredith Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

27Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Meredith Chamber Of Commerce is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$110K
Total Expenses$109K
Surplus / Deficit+$1K
Total Assets$3K
Net Assets$3K
Operating Margin1.2%
Months of Reserves0.4 months

Financial Health Grade: A

In 2023, Meredith Chamber Of Commerce reported a surplus of $1K with revenue exceeding expenses, holds 0.4 months of operating reserves (limited).

Financial Trends

Over 13 years of filings (2011–2023), Meredith Chamber Of Commerce's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-3.2%-3.8%+65.0%
2022+1.0%-4.9%+50.7%
2021-10.2%-11.7%-82.4%
2020-11.0%-6.5%-55.0%
2019-19.3%-16.6%-15.9%

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date1999

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Meredith Chamber Of Commerce demonstrates consistent financial activity, with revenues generally ranging between $110,000 and $175,000 over the past decade. The organization's assets are relatively modest, peaking at $20,261 in 2018 and currently standing at $19,667, which is typical for a local chamber of commerce focused on operational activities rather than accumulating large endowments. The consistent reporting of zero liabilities across all available filings indicates a very healthy balance sheet and a strong ability to meet its obligations without incurring debt. This financial stability, coupled with no reported officer compensation, suggests a lean operational model and a focus on its mission without significant overhead from executive salaries. The organization's spending efficiency appears to be sound, with expenses closely tracking revenues, often resulting in small surpluses or deficits. For example, in 2023, revenues were $110,050 against expenses of $108,725, indicating careful management of resources. The absence of officer compensation further enhances its efficiency profile, as a larger portion of its revenue can be directed towards programs and administrative functions. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency, providing a clear historical record of its financial operations. Overall, the Meredith Chamber Of Commerce exhibits strong financial health characterized by fiscal prudence, a debt-free status, and a transparent reporting history. Its operational model, with no executive compensation, suggests a high degree of volunteer involvement or very modest staffing costs, allowing a greater proportion of funds to support its community and business development objectives.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Meredith 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: 80%
  • fundraising: 0%

According to IRS 990 filings, Meredith Chamber Of Commerce allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. 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:

$110KTotal Revenue
$109KTotal Expenses
$3KTotal Assets
$3KNet Assets
  • The organization reported a surplus of $1K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This suggests a volunteer-driven leadership or very minimal, non-officer staffing for an organization with annual revenues typically over $100,000.

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 Meredith Chamber Of Commerce:

  • Zero liabilities reported across all filings, indicating strong financial health.
  • No officer compensation, suggesting efficient use of funds and volunteer leadership.
  • Consistent IRS 990 filing history (13 filings), demonstrating transparency.
  • Expenses closely track revenues, indicating prudent financial management.
  • Stable revenue base over the past decade, showing consistent operational activity.

Frequently Asked Questions about Meredith Chamber Of Commerce

Is Meredith Chamber Of Commerce a legitimate charity?

Meredith Chamber Of Commerce (EIN: 20235942) 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: $141K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Meredith Chamber Of Commerce spend its money?

Meredith Chamber Of Commerce directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Meredith Chamber Of Commerce tax-deductible?

Meredith Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 20235942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Meredith Chamber Of Commerce CEO make?

Meredith Chamber Of Commerce's highest-compensated officer earns $100,000. annually. The organization reported $141K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Meredith Chamber Of Commerce compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Meredith Chamber Of Commerce is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Meredith Chamber Of Commerce located?

Meredith Chamber Of Commerce is headquartered in Meredith, New Hampshire and files with the IRS under EIN 20235942. It is classified under NTEE code S41.

How many years of IRS 990 filings does Meredith Chamber Of Commerce have?

Meredith 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 $141K in total revenue.

Is Meredith Chamber Of Commerce financially stable?

Yes, the organization is financially stable. It consistently operates with revenues closely matching expenses, maintains zero liabilities across all reported periods, and has a modest but consistent asset base, indicating sound financial management.

How does Meredith Chamber Of Commerce manage executive compensation?

The Meredith Chamber Of Commerce reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers. This suggests a volunteer-led or very lean operational structure.

What is the trend in the organization's revenue?

The organization's revenue has fluctuated over the past decade, ranging from a high of $174,474 in 2018 to a low of $110,050 in 2023, but generally remains within a stable range, indicating consistent operational activity.

Filing History

IRS 990 filing history for Meredith Chamber Of Commerce showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Meredith Chamber Of Commerce's revenue has declined by 38.5%, moving from $179K to $110K. Total assets decreased by 88.1% over the same period, from $28K to $3K. Total functional expenses fell by 39.9%, from $181K to $109K. In its most recent filing year (2023), Meredith Chamber Of Commerce reported a surplus of $1K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $110K $109K $3K $0 View 990
2022 $114K $113K $2K $0 View 990
2021 $113K $119K $1K $0 View 990
2020 $125K $135K $8K $0 View 990
2019 $141K $144K $17K $0 View 990
2018 $174K $173K $20K $0 View 990
2017 $151K $144K $19K $0 View 990
2016 $156K $154K $11K $0 View 990
2015 $153K $158K $10K $0 View 990
2014 $154K $158K $15K $0 View 990
2013 $170K $175K $21K $0 View 990
2012 $176K $178K $26K $0 View 990
2011 $179K $181K $28K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $110K, expenses of $109K, and assets of $3K (revenue -3.2% year-over-year).
  • 2022: Revenue of $114K, expenses of $113K, and assets of $2K (revenue +1.0% year-over-year).
  • 2021: Revenue of $113K, expenses of $119K, and assets of $1K (revenue -10.2% year-over-year).
  • 2020: Revenue of $125K, expenses of $135K, and assets of $8K (revenue -11.0% year-over-year).
  • 2019: Revenue of $141K, expenses of $144K, and assets of $17K (revenue -19.3% year-over-year).
  • 2018: Revenue of $174K, expenses of $173K, and assets of $20K (revenue +15.5% year-over-year).
  • 2017: Revenue of $151K, expenses of $144K, and assets of $19K (revenue -2.9% year-over-year).
  • 2016: Revenue of $156K, expenses of $154K, and assets of $11K (revenue +1.9% year-over-year).
  • 2015: Revenue of $153K, expenses of $158K, and assets of $10K (revenue -0.8% year-over-year).
  • 2014: Revenue of $154K, expenses of $158K, and assets of $15K (revenue -9.3% year-over-year).
  • 2013: Revenue of $170K, expenses of $175K, and assets of $21K (revenue -3.4% year-over-year).
  • 2012: Revenue of $176K, expenses of $178K, and assets of $26K (revenue -1.9% year-over-year).
  • 2011: Revenue of $179K, expenses of $181K, and assets of $28K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Meredith Chamber Of Commerce:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Meredith 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.

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