GREATER BOSTON CHAMBER OF COMMERCE

EIN: 041103090

BOSTON, MA

Total Revenue
$9,549,359
Total Expenses
$8,560,120
Total Assets
$11,467,609
Net Assets
$6,537,592
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1909
Legal Domicile
MA
Principal Officer
JAMES E ROONEY
Phone
6172274500
Tax Period
2024-01-01 to 2024-12-31

GREATER BOSTON CHAMBER OF COMMERCE, founded in 1909, is a community nonprofit that reported $9.5M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $8.6M left a modest 10% surplus.

Mission

TO IMPROVE THE BUSINESS, SOCIAL AND CIVIC ENVIRONMENT OF THE GREATER BOSTON AREA AND TO BECOME THE LEADING REPRESENTATIVE IN THE BOSTON AREA IN THE CONSIDERATION OF LOCAL, STATE AND NATIONAL ISSUES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,499,812
Program Service Revenue $2,174,744
Investment Income $861,657
Other Revenue $13,146
TOTAL REVENUE $9,549,359

Expense Breakdown

Grants Paid $324,500
Salaries & Benefits $4,711,019
Fundraising Expenses $0
Other Expenses $3,524,601
TOTAL EXPENSES $8,560,120

Year-over-Year Comparison

2024 2023 Change
Revenue $9,549,359 $7,904,316 +0.2%
Expenses $8,560,120 $9,398,731 -0.1%
Net Income $989,239 $-1,494,415 -1.7%
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
30
Independent Members
29
Employees
41
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
3
$814,048
Total Directors
121
$814,048
Key Employees
2
$521,688
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COREY THOMAS CHAIR 0.00
Officer Director
$0 $0 $0
NAVJOT SINGH CHAIR EMERITUS 0.00
Director
$0 $0 $0
MICHO SPRING CHAIR EMERITUS 0.00
Director
$0 $0 $0
FLETCHER WILEY CHAIR EMERITUS 0.00
Director
$0 $0 $0
KAREN KAPLAN CHAIR EMERITUS 0.00
Director
$0 $0 $0
GLORIA LARSON CHAIR EMERITUS 0.00
Director
$0 $0 $0
JOHN FISH CHAIR EMERITUS 0.00
Director
$0 $0 $0
RONALD O'HANLEY CHAIR EMERITUS 0.00
Director
$0 $0 $0
MICEAL CHAMBERLAIN EXECTUIVE COMMITTEE 0.00
Director
$0 $0 $0
JERRY SARGENT EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
ROBERT F RIVERS EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
STEVEN H WRIGHT EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
EDMUND KENEALY EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
SARAH ISELIN EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
VICARY GRAHAM EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
SUSAN ESPER EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
GERI DENTERLEIN EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
JANE CAREY STEINMETZ EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
LIONEL HARRIS EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
ZAMAWA ARENAS EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
SANDRA EDGERLEY EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
JAMES TIERNEY EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
JOHN CAPONE EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
GRACE LEE EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
ANNE KLIBANSKI EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
LISA BARTON EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
LISA WIELAND EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
DAVID FOSS EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
YVONNE GARCIA EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
MARISA KELLY EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
LEE PELTON EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
SANDY LISH EXECUTIVE COMMITTEE MEMBER 0.00
Director
$0 $0 $0
JAMES E ROONEY PRESIDENT & CEO 50.00
Officer Director
$787,894 $26,154 $814,048
PAUL AYOUB CHAIR EMERITUS, VICE CHAIR 0.00
Officer Director
$0 $0 $0
SUSAN LOCONTO PENTA DIRECTOR 0.00
Director
$0 $0 $0
STEVEN MCMANN DIRECTOR 0.00
Director
$0 $0 $0
SCOTT WEINTRAUB DIRECTOR 0.00
Director
$0 $0 $0
CHRISTINA FISHER DIRECTOR 0.00
Director
$0 $0 $0
YASMINE KING DIRECTOR 0.00
Director
$0 $0 $0
MARCELA ALDAZ-MATOS DIRECTOR 0.00
Director
$0 $0 $0
GEORGE SARGENT DIRECTOR 0.00
Director
$0 $0 $0
KATHERINE CRAVEN DIRECTOR 0.00
Director
$0 $0 $0
JEFFREY HAWKINS DIRECTOR 0.00
Director
$0 $0 $0
BRENT CHRITE DIRECTOR 0.00
Director
$0 $0 $0
PETER HEALY DIRECTOR 0.00
Director
$0 $0 $0
DONALD PERAULT DIRECTOR 0.00
Director
$0 $0 $0
ANTHONY BOND DIRECTOR 0.00
Director
$0 $0 $0
KEVIN CHURCHWELL DIRECTOR 0.00
Director
$0 $0 $0
CARRIE CAMPBELL DIRECTOR 0.00
Director
$0 $0 $0
PAM EDDINGER DIRECTOR 0.00
Director
$0 $0 $0
MADELEINE TIMIN DIRECTOR 0.00
Director
$0 $0 $0
DARRYL SETTLES DIRECTOR 0.00
Director
$0 $0 $0
RICK WAECHTER DIRECTOR 0.00
Director
$0 $0 $0
JOHN BUTTERWORTH DIRECTOR 0.00
Director
$0 $0 $0
JIM BUMPUS DIRECTOR 0.00
Director
$0 $0 $0
SHAWN ADAMSON DIRECTOR 0.00
Director
$0 $0 $0
JOSEPH J ALABANESE DIRECTOR 0.00
Director
$0 $0 $0
JARED CARVER DIRECTOR 0.00
Director
$0 $0 $0
CHRISTINE SCHUSTER RN MBA DIRECTOR 0.00
Director
$0 $0 $0
JENNY HOLADAY DIRECTOR 0.00
Director
$0 $0 $0
JIM HUNT DIRECTOR 0.00
Director
$0 $0 $0
JUDY A HABIB DIRECTOR 0.00
Director
$0 $0 $0
JEFF FREEDMAN DIRECTOR 0.00
Director
$0 $0 $0
JOHN HANCOCK DIRECTOR 0.00
Director
$0 $0 $0
BEN LAVALLEE DIRECTOR 0.00
Director
$0 $0 $0
MEREDITH WEENICK DIRECTOR 0.00
Director
$0 $0 $0
DAVID RUBIN DIRECTOR 0.00
Director
$0 $0 $0
GREGORY JANEY DIRECTOR 0.00
Director
$0 $0 $0
LINDSAY HANSON DIRECTOR 0.00
Director
$0 $0 $0
JUSTIN BROVITZ DIRECTOR 0.00
Director
$0 $0 $0
CHRISTOPHER NASSON DIRECTOR 0.00
Director
$0 $0 $0
GERARLD FRANCIS DIRECTOR 0.00
Director
$0 $0 $0
SUSHIL TULI DIRECTOR 0.00
Director
$0 $0 $0
CHRISTINE MCCAY DIRECTOR 0.00
Director
$0 $0 $0
KATY DAIELL DIRECTOR 0.00
Director
$0 $0 $0
MARLO FOGELMAN DIRECTOR 0.00
Director
$0 $0 $0
GLEN SHOR DIRECTOR 0.00
Director
$0 $0 $0
ALISON WEISS DIRECTOR 0.00
Director
$0 $0 $0
ALEX DICHTER DIRECTOR 0.00
Director
$0 $0 $0
DENISE KAIGLER DIRECTOR 0.00
Director
$0 $0 $0
MICHELLE O'CONNOR DIRECTOR 0.00
Director
$0 $0 $0
STEVEN BADDOUR DIRECTOR 0.00
Director
$0 $0 $0
TRACEY FLAHERTY DIRECTOR 0.00
Director
$0 $0 $0
VIKKI SPRUILL DIRECTOR 0.00
Director
$0 $0 $0
LISA BROTHERS DIRECTOR 0.00
Director
$0 $0 $0
MELISSA MCMORROW DIRECTOR 0.00
Director
$0 $0 $0
GILDA BARABINO DIRECTOR 0.00
Director
$0 $0 $0
VILAS DHAR DIRECTOR 0.00
Director
$0 $0 $0
JON BERNSTEIN DIRECTOR 0.00
Director
$0 $0 $0
KIMBERLY SHERMAN STAMLER DIRECTOR 0.00
Director
$0 $0 $0
JEFFREY TENGEL DIRECTOR 0.00
Director
$0 $0 $0
RENATA J FERRARI DIRECTOR 0.00
Director
$0 $0 $0
KEVIN KOPANON DIRECTOR 0.00
Director
$0 $0 $0
CYNTHIA DOW DIRECTOR 0.00
Director
$0 $0 $0
BRIAN FOARD DIRECTOR 0.00
Director
$0 $0 $0
MICHAEL LEE DIRECTOR 0.00
Director
$0 $0 $0
LYNN PERRY WOOTEN DIRECTOR 0.00
Director
$0 $0 $0
GORDON REID DIRECTOR 0.00
Director
$0 $0 $0
KATY O'NEIL DIRECTOR 0.00
Director
$0 $0 $0
JUAN CARLOS MORALES DIRECTOR 0.00
Director
$0 $0 $0
DANA MENDENHALL DIRECTOR 0.00
Director
$0 $0 $0
SHERYL MCQUADE DIRECTOR 0.00
Director
$0 $0 $0
GLEN THORNBOROUGH DIRECTOR 0.00
Director
$0 $0 $0
SHEENA COLLIER DIRECTOR 0.00
Director
$0 $0 $0
RIE SUGIHARA DIRECTOR 0.00
Director
$0 $0 $0
GARY COOMBE DIRECTOR 0.00
Director
$0 $0 $0
ADAM PORTNOY DIRECTOR 0.00
Director
$0 $0 $0
JAVIER REYES DIRECTOR 0.00
Director
$0 $0 $0
MARCELO SUAREZ-OROZCO DIRECTOR 0.00
Director
$0 $0 $0
JULIE CHEN DIRECTOR 0.00
Director
$0 $0 $0
MARTY MEEHAN DIRECTOR 0.00
Director
$0 $0 $0
STEPHANIE LEE DIRECTOR 0.00
Director
$0 $0 $0
CHARLES WAGNER DIRECTOR 0.00
Director
$0 $0 $0
LIZA LEFKOWSKI DIRECTOR 0.00
Director
$0 $0 $0
MARGARET LOW DIRECTOR 0.00
Director
$0 $0 $0
KYLE GRIMES DIRECTOR 0.00
Director
$0 $0 $0
FATIMA PENROSE DIRECTOR 0.00
Director
$0 $0 $0
ERIC LESSER DIRECTOR 0.00
Director
$0 $0 $0
HERBY DUVERNE DIRECTOR 0.00
Director
$0 $0 $0
SARAH FAY DIRECTOR 0.00
Director
$0 $0 $0
AUDREY EPSTEIN RENY DIRECTOR 0.00
Director
$0 $0 $0
MAUREEN SHAE BAKER SENIOR VP, MEMBERSHIP & MARKETING 40.00
Key Emp
$239,625 $9,585 $249,210
CELIA RICHA SENIOR VP, STRATEGIC INITIATIVES & POLICY 40.00
Key Emp
$239,625 $32,853 $272,478
JOHN JOY SENIOR DIRECTOR OF MEMBERSHIP DEVELOPMENT 40.00
Highest
$181,740 $29,938 $211,678
JEANNE SULLIVAN CHIEF OF STAFF TO PRESIDENT & CEO 40.00
Highest
$165,654 $19,843 $185,497
BENJAMIN STUART VP, FINANCE & TECHNOLOGY 40.00
Highest
$178,115 $30,702 $208,817
CHRISTOPHER EICHER VP, GOVERNMENT RELATIONS 40.00
Highest
$159,254 $8,604 $167,858
BEILEI HUANG SENIOR DIRECTOR, FINANCE & ADMINISTRATION 40.00
Highest
$154,808 $28,126 $182,934
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 $9,549,359 $8,560,120 $11,467,609 $989,239
2023 $7,904,316 $9,398,731 $11,445,358 $-1,494,415
2022 $8,356,052 $8,064,409 $12,970,195 $291,643
2021 $7,257,999 $6,281,413 $11,076,057 $976,586
2020 $7,213,637 $6,373,841 $8,957,204 $839,796
2019 $8,967,853 $8,073,470 $8,404,761 $894,383
2018 $7,941,154 $7,552,981 $7,210,933 $388,173
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