LEWISTON AUBURN METROPOLITAN CHAMBER OF COMMERCE

EIN: 010043285

LEWISTON, ME

Total Revenue
$834,155
Total Expenses
$949,133
Total Assets
$945,197
Net Assets
$465,956
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Financial Trends

Organization Details

Formation Year
1888
Legal Domicile
ME
Principal Officer
SHANNA COX
Phone
2077832249
Tax Period
2023-01-01 to 2023-12-31

LEWISTON AUBURN METROPOLITAN CHAMBER OF COMMERCE is a tax-exempt nonprofit with EIN 010043285, based in LEWISTON, ME. Founded in 1888, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $834,155 in total revenue and $949,133 in total expenses, with net assets of $465,956.

Mission

THE LEWISTON AUBURN METROPOLITAN CHAMBER OF COMMERCE IS AN ORGANIZATION OF COMMUNITY-MINDED BUSINESSES THAT SERVES THE GREATER LEWISTON AUBURN METROPOLITAN AREA AND BEYOND. AN ENGINE FOR ECONOMIC VITALITY AND ENHANCED QUALITY OF LIFE, WE CHALLENGE BUSINESS AND COMMUNITY TO BUILD, LEAD AND THRIVE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $136,452
Program Service Revenue $688,011
Investment Income $5,544
Other Revenue $4,148
TOTAL REVENUE $834,155

Expense Breakdown

Grants Paid $0
Salaries & Benefits $605,566
Fundraising Expenses $22,222
Program Expenses $647,597
Other Expenses $343,567
TOTAL EXPENSES $949,133

Year-over-Year Comparison

2023 2022 Change
Revenue $834,155 $748,441 +0.1%
Expenses $949,133 $810,507 +0.2%
Net Income $-114,978 $-62,066 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
22
Volunteers
108

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$149,450
Total Directors
18
$149,450
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNA COX PRESIDENT 40.00
Officer Director
$141,999 $7,451 $149,450
JESSICA DONOVAN BOARD MEMBER 1.00
Director
$0 $0 $0
CAMERON SHOREY BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS HANKS BOARD MEMBER 1.00
Director
$0 $0 $0
JENN LEVER BOARD MEMBER 1.00
Director
$0 $0 $0
MATT NASH BOARD MEMBER 1.00
Director
$0 $0 $0
BETSY SIBLEY CHAIR 4.00
Officer Director
$0 $0 $0
MOHAMED KHLAID BOARD MEMBER 1.00
Director
$0 $0 $0
RAY DEBLOIS BOARD MEMBER 1.00
Director
$0 $0 $0
ALYSON DANIELS CHAIR ELECT 4.00
Officer Director
$0 $0 $0
TOM PERKINS BOARD MEMBER 1.00
Director
$0 $0 $0
ELAINE ST PIERRE BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK PENLEY BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW SHAW BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE LITTLESON BOARD MEMBER 1.00
Director
$0 $0 $0
SOPHIA BAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
ELISE JOHANSEN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE HAWLEY BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $834,155 $949,133 $945,197 $-114,978
2022 $748,441 $810,507 $1,011,664 $-62,066
2021 $920,955 $723,961 $1,074,078 $196,994
2020 $604,175 $609,694 $826,571 $-5,519
2019 $517,427 $684,729 $1,025,613 $-167,302
2018 $707,689 $683,927 $837,249 $23,762
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