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
🔒

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

Sign In — Free (10 views/day)

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

Program Service Accomplishments

Program 1

ADVERTISING OF TOURISM INFORMATION FOR MEMBERS OF BUSINESS ON MARTHA'S VINEYARD TO THE PUBLIC ON ISLAND, OFF ISLAND AND ABROAD.

Program 2

DISTRIBUTION OF TOURISM INFORMATION AND ISLAND BUSINESS MATERIAL, PRODUCTION OF TOURISM GUIDEBOOKS, SPONSOR EVENTS AND PROGRAMS WITH LOCAL BUSINESSES AND THE TOURISM AND LEISURE INDUSTRY TO PROMOTE...

Read more

DISTRIBUTION OF TOURISM INFORMATION AND ISLAND BUSINESS MATERIAL, PRODUCTION OF TOURISM GUIDEBOOKS, SPONSOR EVENTS AND PROGRAMS WITH LOCAL BUSINESSES AND THE TOURISM AND LEISURE INDUSTRY TO PROMOTE TOURISM AND BUSINESS ON MARTHA'S VINEYARD, MA.

Program 3

STATE FUNDING FOR TOURISM PROMOTION- STATE RECOGNIZED TOURISM INFORMATION CENTER.

🔒

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%)

Sign In — Free (10 views/day)

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
🔒

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

Sign In

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
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MARTHA'S VINEYARD CHAMBER OF COMMERCE INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.