WOBURN CHAMBER OF COMMERCE INC (EIN 042845604) - 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

JEFF STAR

Phone

7819350345

Tax Period

2023-01-01 to 2023-12-31

WOBURN CHAMBER OF COMMERCE INC, founded in 1985, is a small nonprofit that reported $208K in total revenue in fiscal year 2023. The organization ran a surplus of $56K, a strong 27% operating margin.

Mission

TO ASSIST AND PROMOTE BUSINESS WITHIN THE COMMUNITY THROUGH AWARENESS AND JOINT INVOLVEMENT OF BUSINESS OWNERS, MEMBERS OF THE COMMUNITY AND LOCAL PUBLIC OFFICIALS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $9,496

Program Service Revenue $198,104

Investment Income $892

Other Revenue $0

TOTAL REVENUE $208,492

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,232

Fundraising Expenses $0

Other Expenses $70,009

TOTAL EXPENSES $152,241

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,492	$203,160	+0.0%
Expenses	$152,241	$149,364	+0.0%
Net Income	$56,251	$53,796	+0.0%

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

$74,293

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER KISIEL	EXECUTIVE DI	20.00	Officer	$74,293	$0	$74,293
JESSIE BENCOSME	DIRECTOR	1.00	Director	$0	$0	$0
JOHN CASEY	DIRECTOR	1.00	Director	$0	$0	$0
JOE CIULLA	DIRECTOR	1.00	Director	$0	$0	$0
JODI CROWLEY	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN CUSANO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL D'AMPOLO	DIRECTOR	1.00	Director	$0	$0	$0
JOE FEROLITO	DIRECTOR	1.00	Director	$0	$0	$0
JACK FERREN	DIRECTOR	1.00	Director	$0	$0	$0
TYLER GATES	DIRECTOR	1.00	Director	$0	$0	$0
ELECTRA GOVONI	DIRECTOR	3.00	Director	$0	$0	$0
BRIAN GRACE	PRESIDENT	3.00	Officer Director	$0	$0	$0
ANDREW HACKETT	DIRECTOR	1.00	Director	$0	$0	$0
NISHA JAHKU	SECRETARY	3.00	Officer Director	$0	$0	$0
JAMES JULIANO	DIRECTOR	1.00	Director	$0	$0	$0
ROB KLEIN	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
CHARLIE MELIA	DIRECTOR	1.00	Director	$0	$0	$0
PAUL MORIARTY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE OGASAPIAN	DIRECTOR	1.00	Director	$0	$0	$0
ADAM RISMAN	DIRECTOR	1.00	Director	$0	$0	$0
LEJLA ROVCANIN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN STANTON	DIRECTOR	1.00	Director	$0	$0	$0
JEFF STAR	TREASURER	3.00	Officer Director	$0	$0	$0
THOMAS STIRLING	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH TARBY	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
2024	No data	No data	No data	No data
2023	$208,492	$152,241	$200,382	$56,251
2022	$203,160	$149,364	$144,131	$53,796

WOBURN CHAMBER OF COMMERCE INC