Middlesex County Regional Chamber Of Commerce Inc
Middlesex County Regional Chamber Of Commerce Inc. consistently operates with tight financial margins and reports no officer compensation.
EIN: 220816242 · New Brunswick, NJ · Updated: 2026-03-28
Is Middlesex County Regional 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 →
Middlesex County Regional Chamber Of Commerce Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Middlesex County Regional Chamber Of Commerce Inc
Middlesex County Regional Chamber Of Commerce Inc (EIN: 220816242) is a nonprofit organization based in New Brunswick, NJ. The organization reported total revenue of $680K and total assets of $125K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Middlesex County Regional Chamber Of Commerce Inc'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 Middlesex County Regional Chamber Of Commerce Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Middlesex County Regional Chamber Of Commerce Inc 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through non-officer channels, which is a strong positive for financial transparency and resource allocation.
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 Middlesex County Regional Chamber Of Commerce Inc's IRS 990 filings:
- Frequent minor operating deficits, such as in 202305 ($638,535 revenue vs. $643,693 expenses), which could limit long-term reserve building.
Strengths
The following positive indicators were identified for Middlesex County Regional Chamber Of Commerce Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong transparency and potentially volunteer leadership.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to public accountability.
- Lean operational model with expenses closely aligned to revenues, suggesting efficient use of funds.
- Stable revenue generation over the past decade, indicating consistent support for its activities.
Frequently Asked Questions about Middlesex County Regional Chamber Of Commerce Inc
Is Middlesex County Regional Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Middlesex County Regional Chamber Of Commerce Inc (EIN: 220816242) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Middlesex County Regional Chamber Of Commerce Inc spend its money?
Middlesex County Regional Chamber Of Commerce Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Middlesex County Regional Chamber Of Commerce Inc tax-deductible?
Middlesex County Regional Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 220816242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Middlesex County Regional Chamber Of Commerce Inc. financially stable?
The organization appears to be generally stable, though it frequently operates with revenues closely matching or slightly below expenses, as seen in the 202305 period where expenses ($643,693) exceeded revenues ($638,535). This suggests a lean operational model rather than significant surplus accumulation.
How does the organization manage executive compensation?
Middlesex County Regional Chamber Of Commerce Inc. reports 0% officer compensation in all available IRS 990 filings, indicating that its top leadership is not compensated through traditional officer salary structures, which is a strong positive for transparency and efficiency.
What is the trend in the organization's assets and liabilities?
Assets have fluctuated, peaking at $316,637 in 201505 and standing at $197,656 in 202305. Liabilities have also varied, from a low of $41,864 in 201405 to $145,780 in 202305, suggesting active financial management and potentially short-term obligations.
Does the organization spend efficiently?
Given the tight margins between revenue and expenses, such as in 202305 where expenses were $643,693 against revenues of $638,535, the organization appears to spend its funds efficiently within its operational year, avoiding significant accumulation of unspent funds.
Filing History
IRS 990 filing history for Middlesex County Regional Chamber Of Commerce Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Middlesex County Regional Chamber Of Commerce Inc's revenue has grown by 106.7%, moving from $309K to $639K. Total assets decreased by 9% over the same period, from $217K to $198K. Total functional expenses rose by 183.2%, from $227K to $644K. In its most recent filing year (2023), Middlesex County Regional Chamber Of Commerce Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $146K in liabilities against $198K in assets (debt-to-asset ratio: 73.8%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $639K | $644K | $198K | $146K | — | View 990 |
| 2022 | $560K | $537K | $145K | $88K | — | View 990 |
| 2021 | $450K | $515K | $153K | $161K | — | — |
| 2020 | $452K | $502K | $135K | $78K | — | — |
| 2019 | $590K | $597K | $169K | $62K | — | View 990 |
| 2018 | $528K | $546K | $171K | $57K | — | View 990 |
| 2017 | $459K | $476K | $184K | $52K | — | View 990 |
| 2016 | $521K | $589K | $208K | $59K | — | View 990 |
| 2015 | $491K | $483K | $317K | $56K | — | View 990 |
| 2014 | $464K | $418K | $294K | $42K | — | View 990 |
| 2013 | $332K | $271K | $277K | $71K | — | View 990 |
| 2012 | $296K | $286K | $207K | $63K | — | View 990 |
| 2011 | $309K | $227K | $217K | $77K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $639K, expenses of $644K, and assets of $198K (revenue +14.1% year-over-year).
- 2022: Revenue of $560K, expenses of $537K, and assets of $145K (revenue +24.3% year-over-year).
- 2021: Revenue of $450K, expenses of $515K, and assets of $153K (revenue -0.4% year-over-year).
- 2020: Revenue of $452K, expenses of $502K, and assets of $135K (revenue -23.4% year-over-year).
- 2019: Revenue of $590K, expenses of $597K, and assets of $169K (revenue +11.8% year-over-year).
- 2018: Revenue of $528K, expenses of $546K, and assets of $171K (revenue +15.1% year-over-year).
- 2017: Revenue of $459K, expenses of $476K, and assets of $184K (revenue -12.0% year-over-year).
- 2016: Revenue of $521K, expenses of $589K, and assets of $208K (revenue +6.1% year-over-year).
- 2015: Revenue of $491K, expenses of $483K, and assets of $317K (revenue +5.7% year-over-year).
- 2014: Revenue of $464K, expenses of $418K, and assets of $294K (revenue +39.8% year-over-year).
- 2013: Revenue of $332K, expenses of $271K, and assets of $277K (revenue +12.1% year-over-year).
- 2012: Revenue of $296K, expenses of $286K, and assets of $207K (revenue -4.1% year-over-year).
- 2011: Revenue of $309K, expenses of $227K, and assets of $217K.
Data Sources and Methodology
This transparency report for Middlesex County Regional 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.