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Nonprofit · EIN 01-0356733

YARMOUTH CHAMBER OF COMMERCE INC

Tax-exempt · YARMOUTH, ME 04096

Financials

$463K$436K2022$432K$426K2023$516K$466K2024
Revenue Expenses · by fiscal year end
Financials of YARMOUTH CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$515,975$466,443$49,532$257,417$6,233$251,184
December 31, 2023990$432,196$425,668$6,528$217,118$21,443$195,675
December 31, 2022990$463,297$435,516$27,781$187,059$8,709$178,350
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$144,600
of which government grants
$40,000
Program service revenue
$318,775
Investment income
$1,029
Net income from fundraising events
$2,688
Net income from sales of inventory
$49,134
Other revenue
$51,571

Expenses

Grants and similar amounts paid
$4,000
Other salaries and wages
$86,628
Salaries, compensation and benefits (total)
$93,877
Professional fundraising fees
$0
Accounting fees
$3,570
Occupancy
$22,269
Travel
$129

Balance sheet and other

Total assets, start of year
$217,118
Total assets, end of year
$257,417
Total liabilities, end of year
$6,233
Net assets, end of year
$251,184
Publicly traded securities
$72,381
Gross receipts
$532,632
Employees
2
Volunteers
80
Year formed
1978
State of legal domicile
ME

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JULIE CHEWDIRECTOR
Trustee or director
0.6$0
KRISTA COLEDIRECTOR
Trustee or director
0.6$0
AMY COLLINSDIRECTOR
Trustee or director
0.6$0
JENNA CROTEAUDIRECTOR
Trustee or director
0.6$0
DANIEL FALKENBERGTREASURER
Trustee or director, Officer
0.8$0
TORI HILLDIRECTOR
Trustee or director
0.6$0
BENJAMIN JACKSONDIRECTOR
Trustee or director
0.6$0
KRISTINA KELSHAWSECRETARY/V.
Trustee or director, Officer
0.8$0
KENNEDI SYPHAX SHIELDSDIRECTOR
Trustee or director
0.6$0
MARSHALL WALLACHPRESIDENT
Trustee or director, Officer
0.8$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
TIMOTHY A GATZEXECUTIVE DI
Officer
40$60,958
SHAWNA C CHIGRO ROGERSEXECUTIVE DI
Officer
40$38,880
DANIEL FALKENBERGDIRECTOR
Trustee or director
0.5$0
HEIDI HALLDIRECTOR
Trustee or director
0.5$0
BENJAMIN JACKSONDIRECTOR
Trustee or director
0.5$0
KRISTINA KELSHAWDIRECTOR
Trustee or director
0.5$0
SCOTT LAFLAMMESECRETARY
Trustee or director, Officer
1$0
MELISSA LIBBYTREASURER
Trustee or director, Officer
1$0
CHRISTIANA MANNPRESIDENT
Trustee or director, Officer
1$0
JILL PARTRIDGEVICE PRESIDE
Trustee or director, Officer
1$0
TIA SILVERIODIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2022: 17 people
NameTitleHours / weekCompensationOther / benefits
SHAWNA C CHIGRO ROGERSEXECUTIVE DI
Officer
40$40,105$0
ADRIENNE NARDIEXECUTIVE DI
Officer
40$21,033$671
TIMOTHY A GATZEXECUTIVE DI
Officer
40$15,531$0
BOB BERWICKDIRECTOR
Trustee or director
0.5$0$0
SHAUNA DAMBOISEDIRECTOR
Trustee or director
0.5$0$0
HEIDI HALLSECRETARY
Trustee or director, Officer
1$0$0
BENJAMIN JACKSONDIRECTOR
Trustee or director
0.5$0$0
BRENDAN JOYDIRECTOR
Trustee or director
0.5$0$0
JUDY KNAUBTREASURER
Trustee or director, Officer
1$0$0
SCOTT LAFLAMMEDIRECTOR
Trustee or director
0.5$0$0
MELISSA LIBBYDIRECTOR
Trustee or director
0.5$0$0
DANNY MALLOYDIRECTOR
Trustee or director
0.5$0$0
CHRISTIANA MANNVICE PRESIDE
Trustee or director, Officer
1$0$0
ANNIE MILLEYDIRECTOR
Trustee or director
0.5$0$0
DEB NELSONDIRECTOR
Trustee or director
0.5$0$0
JILL PARTRIDGEDIRECTOR
Trustee or director
0.5$0$0
ERIK TINERPRESIDENT
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
189 MAIN ST, YARMOUTH, ME 04096-6721
Principal officer (990 for 2024)
MARSHALL WALLACH
Signed the 990
DANIEL FALKENBERG, TREASURER
Phone
(207) 846-3984
Return prepared by
SMITH & ASSOCIATES CPAS

Mission

THE YARMOUTH CHAMBER OF COMMERCE PROVIDES SUPPORT TO LOCAL BUSINESSES AND COMMUNITY INCLUDING MULTIPLE PROGRAMS, ACTIVITIES, AND SCHOLARSHIPS.

990 for the year ended December 31, 2024

Program accomplishments

  • YARMOUTH CLAM FESTIVAL THE CLAM FESTIVAL IS AN ANNUAL MAJOR COMMUNITY EVENT HOSTED BY THE CHAMBER OF COMMERCE. IT SPANS OVER A WEEKEND (THIRD WEEKEND IN JULY) AND INCLUDES: A PARADE, FOOD AND DRINKS BOOTHS OPERATED BY LOCAL NONPROFITS AND BUSINESSES, CARNIVAL RIDES, CONTESTS (CLAM SHUCKING, FUN RUN, CHILDRENS EVENTS, FIREWORKS). ITS OBJECTIVES ARE: (A) RAISING VISIBILITY OF LOCAL BUSINESSES, (B) BRINGING IN VISITORS (TOURISM), (C) FUNDRAISING SUPPORT FOR MANY LOCAL NONPROFITS, SCHOOLS, ETC., (D) FOSTERING LOCAL COMMUNITY INVOLVEMENT AND PRIDE.
  • YARMOUTH CHAMBER OF COMMERCE PROGRAMS THAT SUPPORT LOCAL BUSINESSES AND THE COMMUNITY INCLUDE BUSINESS AFTER HOURS, BREAKFAST AND LUNCH EVENTS, A GOLF TOURNAMENT AND A HOLIDAY PARTY. A PORTION OF FUNDS RECEIVED SUPPORT LOCAL SCHOLARSHIPS. THE CHAMBER HOSTS THE SPRIRIT OF EXCELLENCE AWARDS: THIS PROGRAM RECOGNIZES OUTSTANDING NON-MANAGERIAL EMPLOYEES FROM LOCAL BUSINESSES AND NON-PROFITS IN YARMOUTH. IT IS A FORMAL EVENT (RECEPTION) IN WHICH NOMINEES ARE HONORED FOR CRITERIA SUCH AS OUTSTANDING COMMITMENT, SERVING AS A ROLE MODEL, AND CONTRIBUTING SIGNIFICANTLY TO THEIR ORGANIZATIONS SUCCESS. THE EVENT INCLUDES NOMINATION PROCESSES, SPONSORSHIPS, PUBLICITY, AND THE RECEPTION. IT SERVES TO BUILD MORALE, FOSTER RECOGNITION OF THE WORKFORCE, AND STRENGTHEN CONNECTIONS AMONG BUSINESSES AND THEIR EMPLOYEES. EACH YEAR, THE YARMOUTH CHAMBER OF COMMERCE AWARDS SCHOLARSHIPS TO GRADUATING SENIORS FROM YARMOUTH HIGH SCHOOL AND NORTH YARMOUTH ACADEMY WHO DEMONSTRATE ACADEMIC EXCELLENCE ACHIEVEMENT, COMMUNITY INVOLVEMENT, AND AN INTEREST IN BUSINESS OR RELATED FIELDS. THE PROGRAM IS FUNDED THROUGH CHAMBER FUNDRAISING INITIATIVES AND DIRECT CONTRIBUTIONS FROM LOCAL BUSINESSES. ITS GOALS ARE TO SUPPORT LOCAL YOUTH IN PURSUING HIGH EDUCATION, FOSTER LEADERSHIP IN THE NEXT GENERATION OF PROFESSIONALS, AND STRENGTHEN TIES BETWEEN THE BUSINESS COMMUNITY AND YARMOUTH SCHOOLS. THE APPLICATION PROCESS IS MANAGED IN COLLABORATION WITH YSH AND NYA GUIDANCE DEPARTMENT, AND AWARDEES ARE RECOGNIZED AT A COMMUNITY EVENT OR THROUGH CHAMBER COMMUNICATIONS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
01-0356733
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1978
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$257,417
Income (IRS master file)
$532,632

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$515,975$466,443$257,417XML
990December 2023$432,196$425,668$217,118XML
990December 2022$463,297$435,516$187,059XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0356733).

Questions about YARMOUTH CHAMBER OF COMMERCE INC

What is the EIN of YARMOUTH CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of YARMOUTH CHAMBER OF COMMERCE INC is 01-0356733.
Is YARMOUTH CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1978.
Are donations to YARMOUTH CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does YARMOUTH CHAMBER OF COMMERCE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of YARMOUTH CHAMBER OF COMMERCE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did YARMOUTH CHAMBER OF COMMERCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of YARMOUTH CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 names MARSHALL WALLACH.
Who are the officers and directors of YARMOUTH CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does YARMOUTH CHAMBER OF COMMERCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $515,975, expenses of $466,443 and total assets of $257,417 at year end.

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