CSCharityScored
40

Somerville Chamber Of Commerce

Other · Somerville, Massachusetts

Po Box 440343, Somerville, MA 02144-0004

EIN: 042038139· Founded: Feb 1973· 53 years active· Filing Year: 2023

Annual Revenue

$226K

Total Expenses

$213K

Total Assets

$51K

Program Spending

43%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$97K

45.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$17K

Total Payroll

$114K

54% of total expenses

Where the Money Goes

43%
Programs: 43%
Payroll: 54%
Other overhead: 57%
Program Revenue$93K (41%)
Total Expenses$213K (94%)
Payroll$114K (54%)
Overhead (non-program)57%

Trust Score Breakdown

Program Spending Ratio

43% of expenses go to programs

40%

Revenue & Stability

$226K annual revenue

15%

Executive Compensation

$97K total officer comp (45.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$51K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.