PROVINCETOWN CHAMBER OF COMMERCE INC

EIN: 042083275

PROVINCETOWN, MA

Total Revenue
$399,008
Total Expenses
$343,346
Total Assets
$496,408
Net Assets
$490,420
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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
1957
Legal Domicile
MA
Principal Officer
PATRICK PATRICK
Phone
5084873424
Tax Period
2024-01-01 to 2024-12-31

PROVINCETOWN CHAMBER OF COMMERCE INC, founded in 1957, is a small nonprofit that reported $399K in total revenue in fiscal year 2024. Expenses of $343K left a modest 14% surplus.

Mission

THIS ORGANIZATION SHALL ENCOURAGE AND PROMOTE THE CIVIC, COMMERCIAL AND SOCIAL BETTERMENT OF THE TOWN OF PROVINCETOWN FOR RESIDENTS AND VISITORS.

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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 $95,917
Program Service Revenue $110,361
Investment Income $230
Other Revenue $192,500
TOTAL REVENUE $399,008

Expense Breakdown

Grants Paid $0
Salaries & Benefits $201,834
Fundraising Expenses $0
Program Expenses $271,470
Other Expenses $141,512
TOTAL EXPENSES $343,346

Year-over-Year Comparison

2024 2023 Change
Revenue $399,008 $393,376 +0.0%
Expenses $343,346 $337,264 +0.0%
Net Income $55,662 $56,112 0.0%
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
15
Independent Members
15
Employees
10
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
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK PATRICK PRESIDENT 5.00
Officer Director
$0 $0 $0
MICHAEL JANOPLIS VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
SUSAN AVELLAR SECRETARY 5.00
Officer Director
$0 $0 $0
THOMAS JOHNSON TREASURER 2.00
Officer Director
$0 $0 $0
MARIANELLA NEIL BOARD MEMBER 2.00
Director
$0 $0 $0
MARIAN PECK BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL GLASFELD BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID ENDICH BOARD MEMBER 2.00
Director
$0 $0 $0
JEFFREY RODGERS BOARD MEMBER 2.00
Director
$0 $0 $0
ORIANA CONKLIN BOARD MEMBER 2.00
Director
$0 $0 $0
CUSTODIO SILVA BOARD MEMBER 2.00
Director
$0 $0 $0
DALE SZCZECH BOARD MEMBER 2.00
Director
$0 $0 $0
KEVIN TREMBLAY BOARD MEMBER 2.00
Director
$0 $0 $0
LINDA VITAL BOARD MEMBER 2.00
Director
$0 $0 $0
BRADFORD WHETSTONE BOARD MEMBER 2.00
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 $399,008 $343,346 $496,408 $55,662
2023 $393,376 $337,264 $440,199 $56,112
2022 $337,889 $300,773 $384,904 $37,116
2021 $354,604 $279,623 $347,305 $74,981
2020 $264,485 $249,527 $270,125 $14,958
2019 $368,137 $300,516 $255,839 $67,621
2018 $321,995 $331,341 $192,874 $-9,346
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