Woodbridge Area Chamber Of Commerce
Woodbridge Chamber: Declining Revenue, High Admin, and Lack of Transparency
EIN: 221764764 · Woodbridge, NJ · Updated: 2026-04-04
About Woodbridge Area Chamber Of Commerce
Woodbridge Area Chamber Of Commerce (EIN: 221764764) is a nonprofit organization based in Woodbridge, NJ. The organization reported total revenue of $301K and total assets of $198K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodbridge Area Chamber Of Commerce'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 Woodbridge Area Chamber Of Commerce with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Woodbridge Area Chamber Of Commerce allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not disclosed in the provided data, which is a significant transparency concern for a nonprofit of this 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 Woodbridge Area Chamber Of Commerce's IRS 990 filings:
- Revenue has been on a general decline from $254,731 in 2016 to $219,888 in 2023.
- Expenses frequently exceed revenue, leading to net losses in multiple years (e.g., $44,251 loss in 2023, $54,395 loss in 2020).
- Lack of specific executive compensation data in the provided filings.
- The 'nt' (nonprofit type) is unknown, hindering a full understanding of its mission and peer comparison.
- High administrative overhead suggested by the spending breakdown, potentially impacting program delivery.
Strengths
The following positive indicators were identified for Woodbridge Area Chamber Of Commerce:
- Maintains a consistent level of assets, averaging around $200,000 over the past several years.
- Has been operational for a significant period, indicating established community presence.
- Zero lobbying expenses reported, suggesting focus on direct activities rather than political influence.
Frequently Asked Questions about Woodbridge Area Chamber Of Commerce
What does Woodbridge Area Chamber Of Commerce do?
Woodbridge Area Chamber Of Commerce is a nonprofit organization in the Unknown sector, located in Woodbridge, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Woodbridge Area Chamber Of Commerce have?
Woodbridge Area Chamber Of Commerce reported total revenue of $301,207. Based on 13 IRS 990 filings on record.
What are Woodbridge Area Chamber Of Commerce's total assets?
Woodbridge Area Chamber Of Commerce holds total assets of $197,961 as reported in IRS 990 filings.
Where is Woodbridge Area Chamber Of Commerce located?
Woodbridge Area Chamber Of Commerce is based in Woodbridge, New Jersey.
What is Woodbridge Area Chamber Of Commerce's EIN?
Woodbridge Area Chamber Of Commerce's Employer Identification Number (EIN) is 221764764. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Woodbridge Area Chamber Of Commerce?
Woodbridge Area Chamber Of Commerce is classified under NTEE code Unknown (Unknown).
Is Woodbridge Area Chamber Of Commerce a registered 501(c)(3)?
Woodbridge Area Chamber Of Commerce appears in IRS records (EIN: 221764764). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Woodbridge Area Chamber Of Commerce file IRS Form 990?
Yes, Woodbridge Area Chamber Of Commerce has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Woodbridge Area Chamber Of Commerce's revenue in 2023?
In the 202312 filing period, Woodbridge Area Chamber Of Commerce reported total revenue of $219,888, total expenses of $264,139, and net assets of $163,166.
Is Woodbridge Area Chamber Of Commerce's revenue growing or declining?
Woodbridge Area Chamber Of Commerce's revenue is relatively stable. Revenue went from $223,205 (202212) to $219,888 (202312), a -1.5% change. Based on 13 filings on record.
What is Woodbridge Area Chamber Of Commerce's most recent 990 filing?
The most recent IRS Form 990 filing for Woodbridge Area Chamber Of Commerce covers tax period 202312. It shows revenue of $219,888, expenses of $264,139, total assets of $163,166, and liabilities of N/A.
How much does Woodbridge Area Chamber Of Commerce spend on programs vs administration?
Based on IRS 990 analysis, Woodbridge Area Chamber Of Commerce allocates approximately 50% of expenses to program services, 40% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Woodbridge Area Chamber Of Commerce a trustworthy charity?
Based on AI analysis of IRS 990 data, Woodbridge Area Chamber Of Commerce shows mixed signals. Mission Score: 45/100 (Fair). 5 red flags identified. 3 strengths noted.
What are the red flags for Woodbridge Area Chamber Of Commerce?
The following concerns were identified: Revenue has been on a general decline from $254,731 in 2016 to $219,888 in 2023.. Expenses frequently exceed revenue, leading to net losses in multiple years (e.g., $44,251 loss in 2023, $54,395 loss in 2020).. Lack of specific executive compensation data in the provided filings.. The 'nt' (nonprofit type) is unknown, hindering a full understanding of its mission and peer comparison.. High administrative overhead suggested by the spending breakdown, potentially impacting program delivery.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Woodbridge Area Chamber Of Commerce's strengths?
Positive indicators for Woodbridge Area Chamber Of Commerce include: Maintains a consistent level of assets, averaging around $200,000 over the past several years.. Has been operational for a significant period, indicating established community presence.. Zero lobbying expenses reported, suggesting focus on direct activities rather than political influence.. These findings are derived from AI analysis of the organization's financial filings.
How does Woodbridge Area Chamber Of Commerce compensate executives?
Executive compensation is not disclosed in the provided data, which is a significant transparency concern for a nonprofit of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent net losses and declining revenue, what specific strategies are being implemented to ensure long-term financial sustainability and growth?
The provided data indicates a trend of expenses often exceeding revenue, with a notable $44,251 loss in 2023. Without further information, it's unclear what specific strategies are in place to reverse this trend and secure the organization's financial future.
How does the organization justify its administrative spending, which appears to be a significant portion of its budget, in relation to its program impact?
With an estimated 40% of spending allocated to administration, a detailed justification linking these costs to efficient program delivery and measurable outcomes would be crucial for donor confidence. The current data does not provide this context.
Filing History
IRS 990 filing history for Woodbridge Area Chamber Of Commerce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Woodbridge Area Chamber Of Commerce's revenue has grown by 18.7%, moving from $185K to $220K. Total assets increased by 167.2% over the same period, from $61K to $163K. Total functional expenses rose by 30.4%, from $203K to $264K. In its most recent filing year (2023), Woodbridge Area Chamber Of Commerce reported a deficit of $44K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $220K | $264K | $163K | $0 | — | — |
| 2022 | $223K | $225K | $214K | $6K | — | View 990 |
| 2021 | $213K | $179K | $215K | $5K | — | View 990 |
| 2020 | $145K | $199K | $181K | $5K | — | View 990 |
| 2019 | $214K | $233K | $239K | $9K | — | View 990 |
| 2018 | $249K | $229K | $256K | $8K | — | View 990 |
| 2017 | $236K | $213K | $235K | $7K | — | View 990 |
| 2016 | $255K | $210K | $242K | $37K | — | View 990 |
| 2015 | $247K | $183K | $173K | $12K | — | View 990 |
| 2014 | $226K | $196K | $105K | $8K | — | View 990 |
| 2013 | $182K | $187K | $73K | $6K | — | View 990 |
| 2012 | $205K | $188K | $77K | $5K | — | View 990 |
| 2011 | $185K | $203K | $61K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $220K, expenses of $264K, and assets of $163K (revenue -1.5% year-over-year).
- 2022: Revenue of $223K, expenses of $225K, and assets of $214K (revenue +4.9% year-over-year).
- 2021: Revenue of $213K, expenses of $179K, and assets of $215K (revenue +47.0% year-over-year).
- 2020: Revenue of $145K, expenses of $199K, and assets of $181K (revenue -32.5% year-over-year).
- 2019: Revenue of $214K, expenses of $233K, and assets of $239K (revenue -14.0% year-over-year).
- 2018: Revenue of $249K, expenses of $229K, and assets of $256K (revenue +5.6% year-over-year).
- 2017: Revenue of $236K, expenses of $213K, and assets of $235K (revenue -7.4% year-over-year).
- 2016: Revenue of $255K, expenses of $210K, and assets of $242K (revenue +3.0% year-over-year).
- 2015: Revenue of $247K, expenses of $183K, and assets of $173K (revenue +9.6% year-over-year).
- 2014: Revenue of $226K, expenses of $196K, and assets of $105K (revenue +24.0% year-over-year).
- 2013: Revenue of $182K, expenses of $187K, and assets of $73K (revenue -11.1% year-over-year).
- 2012: Revenue of $205K, expenses of $188K, and assets of $77K (revenue +10.5% year-over-year).
- 2011: Revenue of $185K, expenses of $203K, and assets of $61K.
Data Sources and Methodology
This transparency report for Woodbridge Area 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.