Plattsburgh North Country Chamber Of Commerce Inc

Plattsburgh North Country Chamber Of Commerce Inc shows consistent revenue growth and asset accumulation, but lacks detailed executive compensation and functional expense reporting.

EIN: 141258003 · Plattsburgh, NY · Updated: 2026-03-28

$3.2MRevenue

$2.3MAssets

65/100Mission Score (Good)

About Plattsburgh North Country Chamber Of Commerce Inc

Plattsburgh North Country Chamber Of Commerce Inc (EIN: 141258003) is a nonprofit organization based in Plattsburgh, NY. The organization reported total revenue of $3.2M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plattsburgh North Country Chamber Of Commerce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Plattsburgh North Country Chamber Of Commerce Inc demonstrates consistent financial activity, with revenues generally exceeding expenses over the past several years, indicating a stable operational model. For example, in 2023, revenue was $2,785,335 against expenses of $2,720,318, resulting in a surplus. The organization's assets have also shown a steady increase, reaching $2,344,770 in 2023, suggesting prudent financial management and growth in its resource base. Liabilities have also increased, but remain at a manageable level relative to assets.

However, a significant area for improvement in transparency is the lack of reported officer compensation across all available filings. While this could indicate that officers are not compensated, or that compensation is reported under other categories, the absence of explicit disclosure makes it difficult to fully assess executive remuneration practices. Without a detailed breakdown of functional expenses (program, administrative, fundraising), it's challenging to precisely evaluate spending efficiency and the proportion of funds directly allocated to programmatic activities versus overhead.

Overall, the organization appears financially sound with a positive trend in revenue and assets. To enhance transparency and allow for a more thorough financial health assessment, the organization would benefit from clearer reporting on executive compensation and a detailed functional expense breakdown in its IRS Form 990 filings.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Plattsburgh North Country Chamber Of Commerce Inc with a Mission Score of 65 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, Plattsburgh North Country Chamber Of Commerce Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with annual revenues exceeding $2 million. This lack of reported compensation makes it impossible to analyze executive pay relative to the organization's financial scale and mission.

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 Plattsburgh North Country Chamber Of Commerce Inc's IRS 990 filings:

Lack of reported officer compensation across all filings, hindering transparency.
Absence of detailed functional expense breakdown (program, admin, fundraising) in available data.
Increasing liabilities, though still manageable relative to assets, warrant closer monitoring.

Strengths

The following positive indicators were identified for Plattsburgh North Country Chamber Of Commerce Inc:

Consistent revenue growth, from $1,893,706 in 2014 to $2,785,335 in 2023.
Positive net income in most recent years (e.g., $65,017 in 2023), indicating financial stability.
Steady increase in assets, from $1,054,235 in 2014 to $2,344,770 in 2023, demonstrating asset accumulation.

Frequently Asked Questions about Plattsburgh North Country Chamber Of Commerce Inc

Why is officer compensation consistently reported as 0% across all filings?

The IRS 990 filings for Plattsburgh North Country Chamber Of Commerce Inc consistently show 0% for officer compensation. This could mean that officers are uncompensated, or their compensation is reported under other expense categories, which would require further clarification from the organization.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided IRS 990 data does not offer a detailed functional expense breakdown, making it difficult to precisely determine the percentage of spending allocated to programs versus administrative and fundraising activities. This information is crucial for assessing spending efficiency.

How does the organization manage its increasing liabilities relative to its assets?

While assets have grown from $1,054,235 in 2014 to $2,344,770 in 2023, liabilities have also increased from $291,151 to $817,257 over the same period. Although assets still significantly outweigh liabilities, understanding the nature of these liabilities and the organization's strategy for managing them would provide further insight into financial health.

Filing History

IRS 990 filing history for Plattsburgh North Country Chamber Of Commerce Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Plattsburgh North Country Chamber Of Commerce Inc's revenue has grown by 39.3%, moving from $2.0M to $2.8M. Total assets increased by 155.4% over the same period, from $918K to $2.3M. Total functional expenses rose by 27.7%, from $2.1M to $2.7M. In its most recent filing year (2023), Plattsburgh North Country Chamber Of Commerce Inc reported a surplus of $65K, with revenue exceeding expenses. The organization holds $817K in liabilities against $2.3M in assets (debt-to-asset ratio: 34.9%), resulting in net assets of $1.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.8M	$2.7M	$2.3M	$817K	—	—
2022	$2.5M	$2.5M	$2.2M	$679K	—	View 990
2021	$2.1M	$2.0M	$2.4M	$871K	—	View 990
2020	$1.9M	$1.9M	$1.5M	$594K	—	View 990
2019	$2.3M	$2.3M	$1.3M	$416K	—	View 990
2018	$2.2M	$2.2M	$1.4M	$466K	—	View 990
2017	$2.2M	$2.2M	$1.3M	$343K	—	—
2016	$1.9M	$2.0M	$1.2M	$330K	—	View 990
2015	$1.9M	$1.9M	$1.0M	$242K	—	View 990
2014	$1.9M	$1.8M	$1.1M	$291K	—	View 990
2013	$1.8M	$1.8M	$1.0M	$291K	—	View 990
2012	$1.6M	$1.7M	$913K	$230K	—	View 990
2011	$2.0M	$2.1M	$918K	$199K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.8M, expenses of $2.7M, and assets of $2.3M (revenue +10.2% year-over-year).
2022: Revenue of $2.5M, expenses of $2.5M, and assets of $2.2M (revenue +17.7% year-over-year).
2021: Revenue of $2.1M, expenses of $2.0M, and assets of $2.4M (revenue +14.0% year-over-year).
2020: Revenue of $1.9M, expenses of $1.9M, and assets of $1.5M (revenue -16.7% year-over-year).
2019: Revenue of $2.3M, expenses of $2.3M, and assets of $1.3M (revenue +3.8% year-over-year).
2018: Revenue of $2.2M, expenses of $2.2M, and assets of $1.4M (revenue -2.3% year-over-year).
2017: Revenue of $2.2M, expenses of $2.2M, and assets of $1.3M (revenue +14.6% year-over-year).
2016: Revenue of $1.9M, expenses of $2.0M, and assets of $1.2M (revenue +4.5% year-over-year).
2015: Revenue of $1.9M, expenses of $1.9M, and assets of $1.0M (revenue -1.7% year-over-year).
2014: Revenue of $1.9M, expenses of $1.8M, and assets of $1.1M (revenue +6.1% year-over-year).
2013: Revenue of $1.8M, expenses of $1.8M, and assets of $1.0M (revenue +9.6% year-over-year).
2012: Revenue of $1.6M, expenses of $1.7M, and assets of $913K (revenue -18.5% year-over-year).
2011: Revenue of $2.0M, expenses of $2.1M, and assets of $918K.

Data Sources and Methodology

This transparency report for Plattsburgh North Country 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.