MARTHA'S VINEYARD CHAMBER OF COMMERCE INC

EIN: 042683358

VINEYARD HAVEN, MA

Total Revenue
$1,312,731
Total Expenses
$1,371,864
Total Assets
$593,439
Net Assets
$401,313
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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
1966
Legal Domicile
MA
Principal Officer
ERICA ASHTON
Phone
5086930085
Tax Period
2024-07-01 to 2025-06-30

MARTHA'S VINEYARD CHAMBER OF COMMERCE INC, founded in 1966, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE TOURISM ON MARTHA'S VINEYARD ISLAND

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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 $609,150
Program Service Revenue $662,316
Investment Income $8,979
Other Revenue $32,286
TOTAL REVENUE $1,312,731

Expense Breakdown

Grants Paid $0
Salaries & Benefits $384,606
Fundraising Expenses $21,029
Other Expenses $987,258
TOTAL EXPENSES $1,371,864

Year-over-Year Comparison

2024 2023 Change
Revenue $1,312,731 $915,640 +0.4%
Expenses $1,371,864 $1,002,968 +0.4%
Net Income $-59,133 $-87,328 -0.3%
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
16
Independent Members
16
Employees
13
Volunteers
3

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
$149,544
Total Directors
16
$107,308
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERICA ASHTON EXECUTIVE DI 40.00
Officer
$135,000 $14,544 $149,544
ALESSANDRA HAGERTY DEPUTY DIREC 1.00
Director
$107,308 $0 $107,308
ALTON CHUN DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN FERGUSON DIRECTOR 1.00
Director
$0 $0 $0
GEOFFREY FREEMAN DIRECTOR 1.00
Director
$0 $0 $0
LARA KSIENIEWICZ DIRECTOR 1.00
Director
$0 $0 $0
DELOS LANDER DIRECTOR 1.00
Director
$0 $0 $0
MIKE MCCOURT DIRECTOR 1.00
Director
$0 $0 $0
HILARY MOORE DIRECTOR 1.00
Director
$0 $0 $0
GREG ORCUTT PRESIDENT 2.00
Officer Director
$0 $0 $0
EMILY PIRES DIRECTOR 1.00
Director
$0 $0 $0
EARL RAY DIRECTOR 1.00
Director
$0 $0 $0
BARBARA RONCHETTI DIRECTOR 1.00
Director
$0 $0 $0
JULDY SOULES TREASURER 2.00
Officer Director
$0 $0 $0
MARY STANLEY DIRECTOR 1.00
Director
$0 $0 $0
JOHN TIERNAN VICE PRESIDE 2.00
Officer Director
$0 $0 $0
THAISSA VASILIC DIRECTOR 1.00
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
2025 $1,312,731 $1,371,864 $593,439 $-59,133
2024 $915,640 $1,002,968 $515,196 $-87,328
2023 $983,827 $1,047,279 $609,052 $-63,452
2022 $1,239,332 $887,103 $828,061 $352,229
2021 $773,601 $701,504 $561,970 $72,097
2020 $722,558 $764,689 $369,847 $-42,131
2019 $796,584 $805,783 $334,701 $-9,199
2018 $769,197 $724,021 $335,146 $45,176
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