Southern New Hampshire Chamber Of Commerce
Southern New Hampshire Chamber Of Commerce maintains stable finances with growing assets and no reported officer compensation.
EIN: 20435343 · Salem, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $317K |
| Total Expenses | $245K |
| Program Spending | 80% |
| Net Assets | $163K |
| Transparency Score | 85/100 |
Is Southern New Hampshire Chamber Of Commerce Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southern New Hampshire Chamber Of Commerce directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern New Hampshire Chamber Of Commerce
Southern New Hampshire Chamber Of Commerce (EIN: 20435343) is a nonprofit organization based in Salem, NH. The organization reported total revenue of $317K and total assets of $198K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern New Hampshire Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern New Hampshire Chamber Of Commerce is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $258K |
| Total Expenses | $245K |
| Surplus / Deficit | +$13K |
| Total Assets | $207K |
| Total Liabilities | $44K |
| Net Assets | $163K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 21.2% |
| Months of Reserves | 10.1 months |
Financial Health Grade: A
In 2023, Southern New Hampshire Chamber Of Commerce reported a surplus of $13K with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 21.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southern New Hampshire Chamber Of Commerce's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.9% | +16.9% | +5.5% |
| 2022 | +43.1% | -2.9% | +18.6% |
| 2021 | -25.3% | +25.8% | -16.9% |
| 2020 | -10.0% | -33.6% | +132.6% |
| 2019 | -1.2% | +2.8% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Southern New Hampshire 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Southern New Hampshire Chamber Of Commerce 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer or compensated through non-officer roles, which is a highly positive sign for a nonprofit of its size.
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 Southern New Hampshire Chamber Of Commerce's IRS 990 filings:
- Increase in liabilities from $0 in 2019 to $43,794 in 2023, warranting monitoring.
Strengths
The following positive indicators were identified for Southern New Hampshire Chamber Of Commerce:
- Consistent reporting of 0% officer compensation across all filings.
- Positive trend in total assets, growing from $85,413 in 2019 to $206,735 in 2023.
- Revenues generally cover expenses, indicating operational sustainability (e.g., $257,807 revenue vs. $244,601 expenses in 2023).
Frequently Asked Questions about Southern New Hampshire Chamber Of Commerce
Is Southern New Hampshire Chamber Of Commerce a legitimate charity?
Southern New Hampshire Chamber Of Commerce (EIN: 20435343) 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: $317K. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Southern New Hampshire Chamber Of Commerce spend its money?
Southern New Hampshire Chamber Of Commerce directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Southern New Hampshire Chamber Of Commerce tax-deductible?
Southern New Hampshire Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 20435343). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southern New Hampshire Chamber Of Commerce's spending goes to programs?
Southern New Hampshire Chamber Of Commerce directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Southern New Hampshire Chamber Of Commerce located?
Southern New Hampshire Chamber Of Commerce is headquartered in Salem, New Hampshire and files with the IRS under EIN 20435343.
How many years of IRS 990 filings does Southern New Hampshire Chamber Of Commerce have?
Southern New Hampshire 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 $317K in total revenue.
Is the Southern New Hampshire Chamber Of Commerce financially stable?
Yes, the organization appears financially stable, with assets growing from $85,413 in 2019 to $206,735 in 2023, and revenues generally exceeding or closely matching expenses in recent years.
Does the organization compensate its officers?
Based on the IRS 990 filings, the organization consistently reports 0% officer compensation, suggesting that its officers are not directly compensated through this category.
What is the trend in the organization's assets?
The organization's assets have shown a positive upward trend, increasing from $85,413 in 2019 to $206,735 in 2023, indicating growing financial reserves.
Filing History
IRS 990 filing history for Southern New Hampshire Chamber Of Commerce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southern New Hampshire Chamber Of Commerce's revenue has grown by 23%, moving from $210K to $258K. Total assets increased by 91.9% over the same period, from $108K to $207K. Total functional expenses rose by 23.3%, from $198K to $245K. In its most recent filing year (2023), Southern New Hampshire Chamber Of Commerce reported a surplus of $13K, with revenue exceeding expenses. The organization holds $44K in liabilities against $207K in assets (debt-to-asset ratio: 21.2%), resulting in net assets of $163K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $258K | $245K | $207K | $44K | — | — |
| 2022 | $251K | $209K | $196K | $46K | — | — |
| 2021 | $175K | $215K | $165K | $57K | — | View 990 |
| 2020 | $235K | $171K | $199K | $50K | — | View 990 |
| 2019 | $261K | $258K | $85K | $0 | — | — |
| 2018 | $264K | $251K | $83K | $0 | — | View 990 |
| 2017 | $260K | $259K | $70K | $0 | — | — |
| 2016 | $250K | $259K | $69K | $0 | — | View 990 |
| 2015 | $241K | $248K | $78K | $0 | — | View 990 |
| 2014 | $232K | $259K | $85K | $0 | — | View 990 |
| 2013 | $234K | $227K | $111K | $0 | — | View 990 |
| 2012 | $220K | $224K | $104K | $0 | — | View 990 |
| 2011 | $210K | $198K | $108K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $258K, expenses of $245K, and assets of $207K (revenue +2.9% year-over-year).
- 2022: Revenue of $251K, expenses of $209K, and assets of $196K (revenue +43.1% year-over-year).
- 2021: Revenue of $175K, expenses of $215K, and assets of $165K (revenue -25.3% year-over-year).
- 2020: Revenue of $235K, expenses of $171K, and assets of $199K (revenue -10.0% year-over-year).
- 2019: Revenue of $261K, expenses of $258K, and assets of $85K (revenue -1.2% year-over-year).
- 2018: Revenue of $264K, expenses of $251K, and assets of $83K (revenue +1.6% year-over-year).
- 2017: Revenue of $260K, expenses of $259K, and assets of $70K (revenue +3.9% year-over-year).
- 2016: Revenue of $250K, expenses of $259K, and assets of $69K (revenue +3.6% year-over-year).
- 2015: Revenue of $241K, expenses of $248K, and assets of $78K (revenue +3.9% year-over-year).
- 2014: Revenue of $232K, expenses of $259K, and assets of $85K (revenue -0.8% year-over-year).
- 2013: Revenue of $234K, expenses of $227K, and assets of $111K (revenue +6.2% year-over-year).
- 2012: Revenue of $220K, expenses of $224K, and assets of $104K (revenue +5.2% year-over-year).
- 2011: Revenue of $210K, expenses of $198K, and assets of $108K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern New Hampshire Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Southern New Hampshire 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.