Merrimack Chamber Of Commerce Inc
Merrimack Chamber Of Commerce Inc: Declining Revenue and Negative Net Income Raise Concerns
EIN: 222653350 · Merrimack, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $29K |
| Total Expenses | $51K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $11K |
| Transparency Score | 60/100 |
Search Intent Cockpit
Merrimack Chamber Of Commerce Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Merrimack Chamber Of Commerce Inc 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 Merrimack Chamber Of Commerce Inc in one place.
Form 990 Filing Summary
9 filing years are available, with latest revenue of $29K and expenses of $51K.
Revenue and Expenses
Merrimack Chamber Of Commerce Inc reported $29K in revenue and $51K in expenses, a deficit of $22K.
Executive Compensation
Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
60/100 mission score, 3 red flags, and 1 strength are shown from structured and AI review.
Is Merrimack Chamber Of Commerce Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $35K (70%) |
Across stored filings, Merrimack Chamber Of Commerce Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade C | 9 stored filing years |
| Peer context | Compare with Hellenic Society Paideia Of New Hampshire | New Hampshire and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Hellenic Society Paideia Of New Hampshire →All New Hampshire nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Merrimack, NH nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
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Keep the Investigation Moving
Merrimack Chamber Of Commerce Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Merrimack Chamber Of Commerce Inc
Merrimack Chamber Of Commerce Inc (EIN: 222653350) is a nonprofit organization based in Merrimack, NH. The organization reported total revenue of $29K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Merrimack Chamber Of Commerce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Merrimack Chamber Of Commerce Inc is a micro nonprofit that has been operating for 38 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -10.6%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $51K |
| Surplus / Deficit | $-21,881 |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | -76.4% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2019, Merrimack Chamber Of Commerce Inc reported a deficit of $22K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2011–2019), Merrimack Chamber Of Commerce Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -50.7% | +41.6% | -50.3% |
| 2018 | -27.1% | -57.3% | +57.3% |
| 2017 | -14.5% | -13.2% | +31.0% |
| 2016 | +35.2% | +7.2% | -17.3% |
| 2015 | -21.3% | +5.8% | -66.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1988 |
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 Merrimack Chamber Of Commerce Inc with a Mission Score of 60 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Merrimack Chamber Of Commerce Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with reported expenses.
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 Merrimack Chamber Of Commerce Inc's IRS 990 filings:
- Consistent negative net income, with expenses exceeding revenue in multiple years (e.g., 2019: revenue $28,650, expenses $50,531).
- Significant decline in net assets from $48,683 in 2012 to $10,830 in 2019.
- Reporting $0 for executive compensation despite significant operational expenses.
Strengths
The following positive indicators were identified for Merrimack Chamber Of Commerce Inc:
- Consistent reporting of financial data over several years.
Frequently Asked Questions about Merrimack Chamber Of Commerce Inc
Is Merrimack Chamber Of Commerce Inc a legitimate charity?
Merrimack Chamber Of Commerce Inc (EIN: 222653350) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 60/100. It has 9 years of IRS 990 filings on record. Total revenue: $29K. 3 red flags identified. 1 strength noted. Financial health grade: C.
How does Merrimack Chamber Of Commerce Inc spend its money?
Merrimack Chamber Of Commerce Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Merrimack Chamber Of Commerce Inc tax-deductible?
Merrimack Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 222653350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Merrimack Chamber Of Commerce Inc CEO make?
Merrimack Chamber Of Commerce Inc's highest-compensated officer earns $0 annually. The organization reported $29K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Merrimack Chamber Of Commerce Inc's spending goes to programs?
Merrimack Chamber Of Commerce Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Merrimack Chamber Of Commerce Inc located?
Merrimack Chamber Of Commerce Inc is headquartered in Merrimack, New Hampshire and files with the IRS under EIN 222653350.
How many years of IRS 990 filings does Merrimack Chamber Of Commerce Inc have?
Merrimack Chamber Of Commerce Inc has 9 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 $29K in total revenue.
What does Merrimack Chamber Of Commerce Inc do?
Merrimack Chamber Of Commerce Inc is a nonprofit organization in the Unknown sector, located in Merrimack, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Merrimack Chamber Of Commerce Inc have?
Merrimack Chamber Of Commerce Inc reported total revenue of $28,650. Based on 9 IRS 990 filings on record.
What are Merrimack Chamber Of Commerce Inc's total assets?
Merrimack Chamber Of Commerce Inc holds total assets of $10,830 as reported in IRS 990 filings.
Where is Merrimack Chamber Of Commerce Inc located?
Merrimack Chamber Of Commerce Inc is based in Merrimack, New Hampshire.
What is Merrimack Chamber Of Commerce Inc's EIN?
Merrimack Chamber Of Commerce Inc's Employer Identification Number (EIN) is 222653350. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Merrimack Chamber Of Commerce Inc?
Merrimack Chamber Of Commerce Inc is classified under NTEE code Unknown (Unknown).
Is Merrimack Chamber Of Commerce Inc a registered 501(c)(3)?
Merrimack Chamber Of Commerce Inc appears in IRS records (EIN: 222653350). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Merrimack Chamber Of Commerce Inc file IRS Form 990?
Yes, Merrimack Chamber Of Commerce Inc has 9 IRS Form 990 filings on record. The most recent covers tax period 201912.
What was Merrimack Chamber Of Commerce Inc's revenue in 2019?
In the 201912 filing period, Merrimack Chamber Of Commerce Inc reported total revenue of $28,650, total expenses of $50,531, and net assets of $10,830.
Is Merrimack Chamber Of Commerce Inc's revenue growing or declining?
Merrimack Chamber Of Commerce Inc's revenue is declining. Revenue went from $58,101 (201812) to $28,650 (201912), a -50.7% change. Based on 9 filings on record.
What is Merrimack Chamber Of Commerce Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Merrimack Chamber Of Commerce Inc covers tax period 201912. It shows revenue of $28,650, expenses of $50,531, total assets of $10,830, and liabilities of N/A.
How much does Merrimack Chamber Of Commerce Inc spend on programs vs administration?
Based on IRS 990 analysis, Merrimack Chamber Of Commerce Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Merrimack Chamber Of Commerce Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Merrimack Chamber Of Commerce Inc shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 1 strength noted.
What are the red flags for Merrimack Chamber Of Commerce Inc?
The following concerns were identified: Consistent negative net income, with expenses exceeding revenue in multiple years (e.g., 2019: revenue $28,650, expenses $50,531).. Significant decline in net assets from $48,683 in 2012 to $10,830 in 2019.. Reporting $0 for executive compensation despite significant operational expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Merrimack Chamber Of Commerce Inc's strengths?
Positive indicators for Merrimack Chamber Of Commerce Inc include: Consistent reporting of financial data over several years.. These findings are derived from AI analysis of the organization's financial filings.
How does Merrimack Chamber Of Commerce Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with reported expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Merrimack Chamber Of Commerce Inc?
• The organization consistently reports 0% compensation to officers, directors, trustees, and key employees across all available filings. • Net assets have declined significantly from $48,683 in 2012 to $10,830 in 2019. • The organization has reported negative net income for several years, with expenses exceeding revenue. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 for executive compensation, how are the operational expenses, such as the $50,531 reported in 2019, being allocated and managed without any paid leadership?
The filings indicate that no compensation is paid to officers, directors, trustees, or key employees. The operational expenses likely cover administrative costs, program delivery, and fundraising activities, potentially managed by volunteers or through contracted services not classified as executive compensation.
What strategies are in place to address the consistent decline in revenue, from $93,229 in 2016 to $28,650 in 2019, and the resulting negative net income?
The provided data does not detail specific strategies. However, the consistent decline suggests a need for a revised fundraising approach, membership drive, or diversification of revenue streams to ensure financial sustainability.
Filing History
IRS 990 filing history for Merrimack Chamber Of Commerce Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Merrimack Chamber Of Commerce Inc's revenue has declined by 59.1%, moving from $70K to $29K. Total assets decreased by 53.6% over the same period, from $23K to $11K. Total functional expenses fell by 24.3%, from $67K to $51K. In its most recent filing year (2019), Merrimack Chamber Of Commerce Inc reported a deficit of $22K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $29K | $51K | $11K | $0 | — | View 990 |
| 2018 | $58K | $36K | $22K | $471 | — | View 990 |
| 2017 | $80K | $84K | $14K | $15K | — | View 990 |
| 2016 | $93K | $96K | $11K | $6K | — | View 990 |
| 2015 | $69K | $90K | $13K | $4K | — | View 990 |
| 2014 | $88K | $85K | $38K | $1K | — | View 990 |
| 2013 | $74K | $93K | $36K | $3K | — | View 990 |
| 2012 | $89K | $72K | $49K | $1K | — | View 990 |
| 2011 | $70K | $67K | $23K | $67 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $29K, expenses of $51K, and assets of $11K (revenue -50.7% year-over-year).
- 2018: Revenue of $58K, expenses of $36K, and assets of $22K (revenue -27.1% year-over-year).
- 2017: Revenue of $80K, expenses of $84K, and assets of $14K (revenue -14.5% year-over-year).
- 2016: Revenue of $93K, expenses of $96K, and assets of $11K (revenue +35.2% year-over-year).
- 2015: Revenue of $69K, expenses of $90K, and assets of $13K (revenue -21.3% year-over-year).
- 2014: Revenue of $88K, expenses of $85K, and assets of $38K (revenue +19.0% year-over-year).
- 2013: Revenue of $74K, expenses of $93K, and assets of $36K (revenue -17.4% year-over-year).
- 2012: Revenue of $89K, expenses of $72K, and assets of $49K (revenue +27.1% year-over-year).
- 2011: Revenue of $70K, expenses of $67K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Merrimack Chamber Of Commerce Inc:
Data Sources and Methodology
This transparency report for Merrimack Chamber Of Commerce Inc 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.