GREATER PORTSMOUTH CHAMBER OF COMMERCE

EIN: 020179953

PORTSMOUTH, NH

Total Revenue
$990,120
Total Expenses
$1,025,096
Total Assets
$466,259
Net Assets
$108,299
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1917
Legal Domicile
NH
Principal Officer
BEN VANCAMP
Phone
6036105515
Tax Period
2023-07-01 to 2024-06-30

GREATER PORTSMOUTH CHAMBER OF COMMERCE, founded in 1917, is a small nonprofit that reported $990K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum.

Mission

ADVANCE THE ECONOMIC, INDUSTRIAL, PROFESSIONAL, CULTURAL AND CIVIC WELFARE OF THE GREATER PORTSMOUTH, NEW HAMPSHIRE AREA

Program Service Accomplishments

Program 1
Expenses: $772,986 Revenue: $539,451

EVENTS AND PROGRAMS TO PROMOTE THE COMMUNITY OF GREATER PORTSMOUTH, NEW HAMPSHIRE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $396,059
Program Service Revenue $529,782
Investment Income $9,669
Other Revenue $54,610
TOTAL REVENUE $990,120

Expense Breakdown

Grants Paid $0
Salaries & Benefits $474,408
Fundraising Expenses $0
Program Expenses $772,986
Other Expenses $550,688
TOTAL EXPENSES $1,025,096

Year-over-Year Comparison

2023 2022 Change
Revenue $990,120 $725,749 +0.4%
Expenses $1,025,096 $782,329 +0.3%
Net Income $-34,976 $-56,580 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
18
Independent Members
18
Employees
16
Volunteers
N/A

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
4
$104,125
Total Directors
19
$104,125
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDSEY DONOHUE CHAIR 3.00
Officer Director
$0 $0 $0
AMY AMIRAULT VICE CHAIR 1.00
Officer Director
$0 $0 $0
SHANE BREWER TREASURER 3.00
Officer Director
$0 $0 $0
RUSS GRAZIER PAST CHAIR 1.00
Director
$0 $0 $0
JOHN AKAR DIRECTOR 1.00
Director
$0 $0 $0
MIKE AMBROGI DIRECTOR 1.00
Director
$0 $0 $0
TOM ANDRUSKEVICH DIRECTOR 1.00
Director
$0 $0 $0
JOHN BEAUCHESNE DIRECTOR 1.00
Director
$0 $0 $0
SEAN CLANCY DIRECTOR 1.00
Director
$0 $0 $0
WENDY CLEMENT DIRECTOR 1.00
Director
$0 $0 $0
RENEE COUTURE DIRECTOR 1.00
Director
$0 $0 $0
LISA GAINTY DIRECTOR 1.00
Director
$0 $0 $0
LEE GERMEROTH DIRECTOR 1.00
Director
$0 $0 $0
MOLLY HODGSON DIRECTOR 1.00
Director
$0 $0 $0
JAVI KALBECK DIRECTOR 1.00
Director
$0 $0 $0
LAURA STROLL DIRECTOR 1.00
Director
$0 $0 $0
BEN WENDT DIRECTOR 1.00
Director
$0 $0 $0
LAUREN WOLF DIRECTOR 1.00
Director
$0 $0 $0
BEN VANCAMP PRESIDENT 50.00
Officer Director
$104,125 $0 $104,125
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
2025 No data No data No data No data
2024 $990,120 $1,025,096 $466,259 $-34,976
2023 $725,749 $782,329 $674,608 $-56,580
2022 $773,284 $693,443 $567,304 $79,841
2021 $827,015 $771,262 $544,098 $55,753
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