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Nonprofit · EIN 04-2038139

SOMERVILLE CHAMBER OF COMMERCE

Tax-exempt · SOMERVILLE, MA 02144

Financials

$226K$213K2023$193K$163K2024
Revenue Expenses · by fiscal year end
Financials of SOMERVILLE CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$193,487$162,741$30,746$82,079$3,500$78,579
December 31, 2023990$226,002$213,323$12,679$51,334$3,501$47,833
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$129,722
Membership dues
$129,722
Program service revenue
$63,765
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$32,437
Other salaries and wages
$69,172
Salaries, compensation and benefits (total)
$74,083
Professional fundraising fees
$0
Accounting fees
$6,114
Occupancy
$24,472

Balance sheet and other

Total assets, start of year
$51,334
Total assets, end of year
$82,079
Total liabilities, end of year
$3,500
Net assets, end of year
$78,579
Net assets without donor restrictions
$78,579
Gross receipts
$193,487
Employees
4
Volunteers
50
Year formed
1946
State of legal domicile
MA

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
WENDY B DALWINPRESIDENT AN
Trustee or director, Officer
40$0
ADAM V PORTNEYPRESIDENT
Trustee or director, Officer
5$0
STEPHEN MACKEY - RETIREDPRESIDENT AN
Trustee or director, Officer
40$0
EMILY DUQUETTECLERK
Officer
5$0
JASKARAN OBEROTREASURER
Officer
5$0
JOHN M CONNOLLY - RETIREDINTERIM OFFI
Officer
40$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
STEPHEN MACKEY - RETIREDPRESIDENT AN
Trustee or director, Officer
40$97,488
ADAM V PORTNEYPRESIDENT
Trustee or director, Officer
40$0
EMILY DUQUETTECLERK
Officer
2$0
JASKARAN OBEROTREASURER
Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 440343, SOMERVILLE, MA 02144-0004
Principal officer (990 for 2024)
WENDY B DALWIN, 97 OUTLOOK DR, LEXINGTON, MA 02421
Signed the 990
WENDY B DALWIN, PRESIDENT AND CEO
Phone
(617) 776-4100
Return prepared by
HAJIANI CPA LLC

Mission

CHAMBERS MISSION IS TO SERVE THE MEMBERSHIP WHILE ENHANCING SOMERVILLES QUALITY OF LIFE. MOST SIGNIFICANT ACTIVITIES INCLUDE MEMBER EVENTS, FUNDRAISING AND ADVOCACY.

990 for the year ended December 31, 2024

Program accomplishments

  • ANNUAL MEMBERSHIP GOLF FUNDRAISING AND SPONSORSHIP EVENT.
    Expenses $9,486 · revenue $22,290
  • ANNUAL DINNER
    Expenses $18,221 · revenue $25,625
  • BUSINESS AFTER HOURS AND LEGO EVENTS
    Expenses $4,730 · revenue $7,500
  • CHAMBERS MISSION IS TO SERVE THE MEMBERSHIP WHILE ENHANCING SOMERVILLES QUALITY OF LIFE. MOST SIGNIFICANT ACTIVITIES INCLUDE MEMBER EVENTS, FUNDRAISING AND ADVOCACY.
    Expenses $130,304 · revenue $131,457

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
04-2038139
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$82,079
Income (IRS master file)
$193,487

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$193,487$162,741$82,079XML
990December 2023$226,002$213,323$51,334XML
990December 2022$178,795$198,225$35,682IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 04-2038139).

Questions about SOMERVILLE CHAMBER OF COMMERCE

What is the EIN of SOMERVILLE CHAMBER OF COMMERCE?
The employer identification number (EIN) of SOMERVILLE CHAMBER OF COMMERCE is 04-2038139.
Is SOMERVILLE CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
Are donations to SOMERVILLE CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SOMERVILLE CHAMBER OF COMMERCE 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 SOMERVILLE CHAMBER OF COMMERCE 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 SOMERVILLE CHAMBER OF COMMERCE 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 SOMERVILLE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names WENDY B DALWIN.
Who are the officers and directors of SOMERVILLE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does SOMERVILLE CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $193,487, expenses of $162,741 and total assets of $82,079 at year end.

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