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Nonprofit · EIN 04-2936730

STONEHAM CHAMBER OF COMMERCE INC

Tax-exempt · STONEHAM, MA 02180

Financials

$147K$153K2022
Revenue Expenses · by fiscal year end
Financials of STONEHAM CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2023990-EZ$147,419$152,598-$5,179$112,410$41,923$70,487
Financial details: 990-EZ for the year ended September 30, 2023

Revenue

Contributions, gifts and grants
$65,823
Program service revenue
$65,658
Investment income
$191
Net income from fundraising events
$15,747

Expenses

Compensation of officers, directors and key employees
$58,000
Salaries, compensation and benefits (total)
$72,642
Professional fees and payments to contractors
$14,034
Occupancy
$11,230
Other expenses
$54,692
Program services (functional)
$43,798

Balance sheet and other

Total assets, start of year
$119,031
Total assets, end of year
$112,410
Total liabilities, end of year
$41,923
Net assets, end of year
$70,487
Cash, savings and investments
$90,913
Gross receipts
$165,452

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-EZ for the year ended September 30, 2023, highest compensation first.

NameTitleHours / weekCompensation
MEGAN DAYExecutive Dir.40$58,000
ERIC BERGSTROMPresident0$0
CLAUDIA PRODEROVice President0$0
REEM RAJEHTreasurer0$0
KARYN MILLERICKSecretary0$0
MEGAN DAYEXECUTIVE DIRECTOR40$0

Address and contacts

Address (IRS master file)
335 MAIN ST STE 202, STONEHAM, MA 02180-3571
Signed the 990-EZ
ERIC BERGSTROM, President
Phone
(781) 438-0001
Return prepared by
Burke & Company LLC

Mission

TO PROMOTE THE CIVIC WELFARE OF THE BUSINESSES AND RESIDENTS OF THE TOWN OF STONEHAM AND ITS SURROUNDING COMMUNITY

990-EZ for the year ended September 30, 2023

Program accomplishments

  • TOWN DAY - A DAY LONG FESTIVAL TO CELEBRATE THE STONEHAM COMMUNITY
    Expenses $12,887
  • CONCERT SERIES - WEEKLY FREE SUMMER OUTDOOR CONCERTS FOR THE STONEHAM COMMUNITY
    Expenses $8,779
  • COMMON LIGHTING - HOLIDAY TREE LIGHTING CELEBRATION FOR THE COMMUNITY ON THE TOWN COMMON
    Expenses $7,993
  • MEETINGS - PROVIDE A FORUM FOR PLANNING AND PARTICIPATION FOR ALL MEMBERS TO PROMOTE THE TOWN OF STONEHAM
    Expenses $3,145
  • OTHER MEMBER PROGRAMS - VARIOUS MEMBERSHIP PROGRAMS AND SERVICES AVAILABLE TO ALL MEMBERS
    Expenses $2,693
  • HEALTH AND WELLNESS EXPO - Family and community oriented programming,interactive and complimentary health screenings, demonstrations, and healthy lifestyle entertainment such as Yoga, Zumba, Pilates, and Martial Arts.
    Expenses $1,455
  • BANNER PROGRAM- Decorative banners are used to decorate the downtown Stoneham area, promoting Stoneham small business and residence community
    Expenses $3,030
  • HALLOWEEN STROLL -HOLIDAY CELEBRATION FOR THE COMMUNITY FEATURING DOWNTOWN MERCHANTS
    Expenses $479
  • STONEHAM 101 - NEW RESIDENT ORIENTATION AND WELCOME PROGRAM
    Expenses $1,336
  • NEWSLETTER- MEMBER NEWSLETTER
  • GIFT CERTIFICATE PROGRAM
    Expenses $2,001

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025Not on file

IRS record

EIN
04-2936730
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1987
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$112,410
Income (IRS master file)
$165,452

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZSeptember 2023$147,419$152,598$112,410XML
990September 2022$201,960$200,841$119,031IRS
990-EZSeptember 2021–––IRS
990-EZSeptember 2020–––IRS
990-EZSeptember 2019–––IRS
990-EZSeptember 2018–––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 04-2936730).

Questions about STONEHAM CHAMBER OF COMMERCE INC

What is the EIN of STONEHAM CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of STONEHAM CHAMBER OF COMMERCE INC is 04-2936730.
Is STONEHAM CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1987.
Are donations to STONEHAM CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does STONEHAM 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 STONEHAM CHAMBER OF COMMERCE INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did STONEHAM CHAMBER OF COMMERCE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended September 2023.
Who are the officers and directors of STONEHAM CHAMBER OF COMMERCE INC?
The 990-EZ for the year ended September 30, 2023 lists 6 people; 1 received compensation from the organization, the highest $58,000 (MEGAN DAY, Executive Dir.).
How much revenue does STONEHAM CHAMBER OF COMMERCE INC have?
On its 990-EZ for the year ended September 30, 2023 it reported revenue of $147,419, expenses of $152,598 and total assets of $112,410 at year end.

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