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Nonprofit · EIN 06-0475490

CHAMBER OF COMMERCE OF EASTERN CONNECTICUT INC

Tax-exempt · WATERFORD, CT 06385

Financials

$2.2M$1.5M2023$1.7M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of CHAMBER OF COMMERCE OF EASTERN CONNECTICUT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,748,032$1,482,489$265,543$2,853,713$196,133$2,657,580
December 31, 2023990$2,162,280$1,476,499$685,781$3,016,376$624,339$2,392,037
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$612,261
Program service revenue
$871,634
Investment income
$537
Net rental income
$89,181
Net gain from sales of assets
-$569
Other revenue
$263,600

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$187,491
Other salaries and wages
$608,045
Salaries, compensation and benefits (total)
$904,986
Professional fundraising fees
$0
Accounting fees
$18,156
Occupancy
$38,888
Travel
$5,399
Depreciation
$86,086
Program services (functional)
$807,351
Management and general (functional)
$675,138

Balance sheet and other

Total assets, start of year
$3,016,376
Total assets, end of year
$2,853,713
Total liabilities, end of year
$196,133
Net assets, end of year
$2,657,580
Land, buildings and equipment
$2,441,058
Net assets without donor restrictions
$2,632,580
Net assets with donor restrictions
$25,000
Gross unrelated business income
$2,317
Gross receipts
$1,748,601
Employees
15
Volunteers
35
Year formed
1945
State of legal domicile
CT

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
Thomas SheridanPresident & CEO
Officer
40$187,491
Anthony JoyceChairman
Trustee or director, Officer
1$0
Eric CallahanDirector
Trustee or director
1$0
Heather Cini RobertsTreasurer
Trustee or director, Officer
1$0
Katherine EricsonDirector
Trustee or director
1$0
Jeff GodleySecretary
Trustee or director, Officer
1$0
Anna LathropDirector
Trustee or director
1$0
Dave MeisingerDirector
Trustee or director
1$0
Charles BunnellDirector
Trustee or director
1$0
Tai AuDirector
Trustee or director
1$0
Marguerite DriscollVice Chair
Trustee or director, Officer
1$0
Donna HandleyDirector
Trustee or director
1$0
Brian OrensteinDirector
Trustee or director
1$0
Michael AusereDirector
Trustee or director
1$0
Blair BendelDirector
Trustee or director
1$0
5 more people on this return
NameTitleHours / weekCompensation
Tina CouchDirector
Trustee or director
1$0
Laurie FinanDirector
Trustee or director
1$0
Lou ZieglerDirector
Trustee or director
1$0
Peter ArmstrongDirector
Trustee or director
1$0
Richard LisitanoDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
Thomas SheridanPresident & CEO
Officer
40$213,344$21,587
Patrick GreenVice Chair
Trustee or director
1$0$0
Anthony JoyceVice Chair
Trustee or director, Officer
1$0$0
Mary Ellen JukoskiChairman
Trustee or director, Officer
1$0$0
Jennifer GrangerDirector
Trustee or director
1$0$0
Eric CallahanDirector
Trustee or director
1$0$0
Heather Cini RobertsTreasurer
Trustee or director, Officer
1$0$0
Katherine EricsonDirector
Trustee or director
1$0$0
Jeff GodleySecretary
Trustee or director, Officer
1$0$0
Stephen CoanPast Chair
Trustee or director, Officer
1$0$0
Anna LathropDirector
Trustee or director
1$0$0
Dave MeisingerDirector
Trustee or director
1$0$0
Charles BunnellDirector
Trustee or director
1$0$0
Tai AuDirector
Trustee or director
1$0$0
Stan MinkusDirector
Trustee or director
1$0$0
Marguerite DriscollVice Chair
Trustee or director, Officer
1$0$0
Donna HandleyDirector
Trustee or director
1$0$0
Brian OrensteinDirector
Trustee or director
1$0$0
Michael AusereDirector
Trustee or director
1$0$0
Blair BendelDirector
Trustee or director
1$0$0
Tina CouchDirector
Trustee or director
1$0$0
Laurie FinanDirector
Trustee or director
1$0$0
Dan McFaddenDirector
Trustee or director
1$0$0
Courtney MurphyDirector
Trustee or director
1$0$0
Nicole VerdiDirector
Trustee or director
1$0$0
Lou ZieglerDirector
Trustee or director
1$0$0
Jean SwiftDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
914 HARTFORD TURNPIKE, WATERFORD, CT 06385-4263
Signed the 990
THOMAS SHERIDAN, President & CEO
Phone
(860) 701-9113
Return prepared by
Doherty Beals & Banks PC

Mission

The Chamber of Commerce of Eastern Connecticut, Inc. is a collaborative of business and community leaders dedicated to securing and enhancing the economic vitality of eastern Connecticut.

990 for the year ended December 31, 2024

Program accomplishments

  • INNOVATION CENTER- CREATE A HUB FOR SMALL BUSINESS AND ENTREPRENEUR RESOURCES, PHYSICAL OR OTHERWISE.
    Expenses $467,256
  • MARKETING/ PROMOTIONS OF CHAMBER MEMBER GOODS AND SERVICES.
    Expenses $181,153 · revenue $309,093
  • EVENTS - PROVIDE PLATFORMS FOR NETWORKINGM SKILL BUILDING, AND BUSINESS EDUCATION/ AWARENESS.
    Expenses $158,942 · revenue $562,541

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
06-0475490
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1946
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,853,713
Income (IRS master file)
$1,748,601

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,748,032$1,482,489$2,853,713XML
990December 2023$2,162,280$1,476,499$3,016,376XML
990December 2022$2,363,996$1,286,644$2,362,257IRS
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 06-0475490).

Questions about CHAMBER OF COMMERCE OF EASTERN CONNECTICUT INC

What is the EIN of CHAMBER OF COMMERCE OF EASTERN CONNECTICUT INC?
The employer identification number (EIN) of CHAMBER OF COMMERCE OF EASTERN CONNECTICUT INC is 06-0475490.
Is CHAMBER OF COMMERCE OF EASTERN CONNECTICUT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1946.
Are donations to CHAMBER OF COMMERCE OF EASTERN CONNECTICUT INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHAMBER OF COMMERCE OF EASTERN CONNECTICUT 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 CHAMBER OF COMMERCE OF EASTERN CONNECTICUT 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 CHAMBER OF COMMERCE OF EASTERN CONNECTICUT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of CHAMBER OF COMMERCE OF EASTERN CONNECTICUT INC?
The 990 for the year ended December 31, 2024 lists 20 people; 1 received compensation from the organization, the highest $187,491 (Thomas Sheridan, President & CEO).
How much revenue does CHAMBER OF COMMERCE OF EASTERN CONNECTICUT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,748,032, expenses of $1,482,489 and total assets of $2,853,713 at year end.

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