MERRIMACK VALLEY CHAMBER OF COMMERCE INC (EIN 041527920) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

MICHAEL BEVILACQUA

Phone

9786860900

Tax Period

2024-01-01 to 2024-12-31

MERRIMACK VALLEY CHAMBER OF COMMERCE INC, founded in 1985, is a small nonprofit that reported $623K in total revenue in fiscal year 2024.

Mission

THE MERRIMACK VALLEY CHAMBER OF COMMERCE CONDUCTS FORUMS, SEMINARS AND EVENTS WHICH PROMOTE THE BUSINESSES AND GENERAL INTERESTS OF THE COMMUNITY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $51,260

Program Service Revenue $523,124

Investment Income $26,870

Other Revenue $22,089

TOTAL REVENUE $623,343

Expense Breakdown

Grants Paid $0

Salaries & Benefits $475,957

Fundraising Expenses $0

Other Expenses $205,251

TOTAL EXPENSES $681,208

Year-over-Year Comparison

	2024	2023	Change
Revenue	$623,343	$621,164	+0.0%
Expenses	$681,208	$615,317	+0.1%
Net Income	$-57,865	$5,847	-10.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$258,817

Total Directors

$258,817

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR JOSEPH J BEVILACQUA	PRESIDENT/CEO (UNTIL 12/31/24)	40.00	Officer Director	$199,465	$59,352	$258,817
MR MICHAEL SULLIVAN	CHAIRMAN	1.50	Officer Director	$0	$0	$0
MR KEN DEL ROSSI	TREASURER	1.50	Officer Director	$0	$0	$0
ATTY ROBERT W LAVOIE	CLERK	1.00	Officer Director	$0	$0	$0
MR JOSEPH MURACO	CHAIR - ECONOMIC DEV.	1.00	Director	$0	$0	$0
MR CAL WILLIAMS	CHAIR - GOVERNMENT AFFAIRS	1.00	Director	$0	$0	$0
MS TRICIA SABULIS	CHAIR - BUSINESS DEV.	1.00	Director	$0	$0	$0
MS MAUREEN LYNCH	CHAIR - EDUCATION/WORKFORCE DEV.	1.00	Director	$0	$0	$0
MR DENNIS MCCARTHY	EXECUTIVE COMM. AT LARGE	0.50	Director	$0	$0	$0
MR ANTONIO LOPEZ	EXECUTIVE COMM. AT LARGE	0.50	Director	$0	$0	$0
MR JOHN HOWARD	EXECUTIVE COMM. AT LARGE	0.50	Director	$0	$0	$0
MS NANCY GARDELLA	DIRECTOR	0.50	Director	$0	$0	$0
MR DEREK DAVOLI	DIRECTOR	0.50	Director	$0	$0	$0
MR FRANK KENNEALLY III	DIRECTOR	0.50	Director	$0	$0	$0
MS ANN ORMOND	DIRECTOR	0.50	Director	$0	$0	$0
MS STEPHANIE MESSINA SEWADE	DIRECTOR	0.50	Director	$0	$0	$0
MR ALEX GARCIA	DIRECTOR	0.50	Director	$0	$0	$0
MR MICHAEL HARRINGTON	DIRECTOR	0.50	Director	$0	$0	$0
MR MICHAEL MCCARTHY	DIRECTOR	0.50	Director	$0	$0	$0
MR MITCHELL KEAMY	DIRECTOR	0.50	Director	$0	$0	$0
MR JOHN LAVOIE	DIRECTOR	0.50	Director	$0	$0	$0
MS SHEILA M DOHERTY	DIRECTOR	0.50	Director	$0	$0	$0
MS NANCY CARACE	DIRECTOR	0.50	Director	$0	$0	$0
MR WILLIAM DEROSA	DIRECTOR	0.50	Director	$0	$0	$0
MR IVERSON GUO	DIRECTOR	0.50	Director	$0	$0	$0
MS DANA DEFRANCO	DIRECTOR	0.50	Director	$0	$0	$0
MR PATRICK DRISCOLL	DIRECTOR	0.50	Director	$0	$0	$0
MR PHILIP G ABERIZK JR	DIRECTOR	0.50	Director	$0	$0	$0
MR MARK VAN WEELDEN	DIRECTOR	0.50	Director	$0	$0	$0
MR STEPHEN STAPINSKI	DIRECTOR	0.50	Director	$0	$0	$0
MR EVAN SILVERIO	DIRECTOR	0.50	Director	$0	$0	$0
MR ERIC LEUTERITZ	DIRECTOR	0.50	Director	$0	$0	$0
MS ROBIN HYNDS	DIRECTOR	0.50	Director	$0	$0	$0
MR JOSEPH DIPIETRO	DIRECTOR	0.50	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	$623,343	$681,208	$905,688	$-57,865
2023	$621,164	$615,317	$1,002,529	$5,847
2022	$589,728	$612,786	$993,978	$-23,058
2021	$702,070	$677,847	$937,427	$24,223
2020	$621,437	$612,766	$857,574	$8,671
2019	$793,040	$765,116	$904,096	$27,924
2018	$802,039	$808,686	$875,505	$-6,647

MERRIMACK VALLEY CHAMBER OF COMMERCE INC