MARLBOROUGH REGIONAL CHAMBER OF COMMERCE INC (EIN 042349840) - Form 990 Financial Analysis & Trantor Score

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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

1924

Legal Domicile

Principal Officer

JENNIFER BERUBE

Tax Period

2023-01-01 to 2023-12-31

MARLBOROUGH REGIONAL CHAMBER OF COMMERCE INC, founded in 1924, is a small nonprofit that reported $231K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $271K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO ADVOCATE AND PROMOTE BUSINESS AND CIVIC INTEREST IN ORDER TO ENCOURAGE GROWTH AND DEVELOPMENT.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $156,762

Program Service Revenue $1,800

Investment Income $0

Other Revenue $72,209

TOTAL REVENUE $230,771

Expense Breakdown

Grants Paid $350

Salaries & Benefits $186,087

Fundraising Expenses $0

Other Expenses $84,745

TOTAL EXPENSES $271,182

Year-over-Year Comparison

	2023	2022	Change
Revenue	$230,771	$268,500	-0.1%
Expenses	$271,182	$287,597	-0.1%
Net Income	$-40,411	$-19,097	+1.1%

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

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

$75,923

Total Directors

$75,923

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN MESSINEO	PRESIDENTCEO	40.00	Officer Director	$75,923	$0	$75,923
TIM NELSON	PAST CHAIR	1.00	Officer Director	$0	$0	$0
CATHERINE DRESSEL	SECRETARY	1.00	Officer Director	$0	$0	$0
TYE JORDAN	CHAIR	1.00	Officer Director	$0	$0	$0
MICHELLE DE OLIVEIRA	LEGAL COUNSEL	1.00	Officer Director	$0	$0	$0
LUIZ THOMAZ	DIRECTOR	1.00	Officer	$0	$0	$0
MARK VITAL	DIRECTOR	1.00	Officer	$0	$0	$0
TODD VROMAN	DIRECTOR	1.00	Officer	$0	$0	$0
DOUG ROWE	DIRECTOR	1.00	Officer	$0	$0	$0
CHRIS SHEA	DIRECTOR	1.00	Officer	$0	$0	$0
CAROLYN SLYVESTER	DIRECTOR	1.00	Officer	$0	$0	$0
JEFF SCHAEFFER	DIRECTOR	1.00	Officer	$0	$0	$0
PETER MARSHALL	DIRECTOR	1.00	Officer	$0	$0	$0
STEVE ULISS	DIRECTOR	1.00	Officer	$0	$0	$0
DARLENE WELCH	DIRECTOR	1.00	Officer	$0	$0	$0
EMILY GREENWOOD	DIRECTOR	1.00	Officer	$0	$0	$0
MEREDITH HARRIS	DIRECTOR	1.00	Officer	$0	$0	$0
JAMI EYCLESHYMER	DIRECTOR	1.00	Officer	$0	$0	$0
LIZ KELLEY	DIRECTOR	1.00	Officer	$0	$0	$0
DON LANDERS	DIRECTOR	1.00	Officer	$0	$0	$0
JENNIFER BERUBE	DIRECTOR	1.00	Officer	$0	$0	$0
ELLEN CUMMINGS	DIRECTOR	1.00	Officer	$0	$0	$0
TOM DEFEUDIS	DIRCETOR	1.00	Officer	$0	$0	$0
PETER MARSHALL	DIRECTO	1.00	Officer	$0	$0	$0
DAVE MORTICELLI	DIRECTOR	1.00	Officer	$0	$0	$0
DAPHNE PHALON	DIRECTOR	1.00	Officer	$0	$0	$0
JOHN LOGOMASINI	DIRECTOR	1.00	Officer	$0	$0	$0
GABRIEL LUZZI	DIRECTOR	1.00	Officer	$0	$0	$0
AJ MAINI	DIRECTOR	1.00	Officer	$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	$230,771	$271,182	$106,111	$-40,411
2022	$268,500	$287,597	$129,057	$-19,097
2021	$336,709	$274,813	$151,294	$61,896
2020	$230,821	$249,053	$82,845	$-18,232
2019	$248,859	$225,609	$86,595	$23,250
2018	$318,580	$280,664	$65,964	$37,916

MARLBOROUGH REGIONAL CHAMBER OF COMMERCE INC