BLACKSTONE VALLEY CHAMBER OF COMMERCE INC

EIN: 043300984

WHITINSVILLE, MA

Total Revenue
$842,242
Total Expenses
$878,650
Total Assets
$749,378
Net Assets
$308,652
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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
1982
Legal Domicile
MA
Principal Officer
JEANNIE HEBERT
Phone
5082349090
Tax Period
2023-07-01 to 2024-06-30

BLACKSTONE VALLEY CHAMBER OF COMMERCE INC, founded in 1982, is a small nonprofit that reported $842K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

TO PROMOTE ECONOMIC GROWTH IN THE BLACKSTONE VALLEY

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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 (2023)

Revenue Breakdown

Contributions & Grants $696,292
Program Service Revenue $132,484
Investment Income $13,466
Other Revenue $0
TOTAL REVENUE $842,242

Expense Breakdown

Grants Paid $0
Salaries & Benefits $249,832
Fundraising Expenses $0
Program Expenses $875,815
Other Expenses $628,818
TOTAL EXPENSES $878,650

Year-over-Year Comparison

2023 2022 Change
Revenue $842,242 $955,435 -0.1%
Expenses $878,650 $1,031,248 -0.1%
Net Income $-36,408 $-75,813 -0.5%
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
6
Volunteers
10

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
5
$107,500
Total Directors
13
$107,500
Key Employees
1
$107,500
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
P JEANNIE HEBERT PRESIDENT & CEO 40.00
Officer Director Key Emp
$107,500 $0 $107,500
ANTHONY DRAGGA TREASURER 1.00
Officer Director
$0 $0 $0
WENDY BROWN CLERK 1.00
Officer Director
$0 $0 $0
KEVIN HAYES CHAIRMAN 1.00
Officer Director
$0 $0 $0
HEATHER ELSTER VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
KHAM INTHIRATH DIRECTOR 1.00
Director
$0 $0 $0
MARK LYONS DIRECTOR 1.00
Director
$0 $0 $0
KAREN PELLETIER DIRECTOR 1.00
Director
$0 $0 $0
LUCILLE WARD DIRECTOR 1.00
Director
$0 $0 $0
JOHN LONGO DIRECTOR 1.00
Director
$0 $0 $0
JOHN ALLEN DIRECTOR 1.00
Director
$0 $0 $0
MINNA CHEBANNI DIRECTOR 1.00
Director
$0 $0 $0
ROBERT MINARIK 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 No data No data No data No data
2024 $842,242 $878,650 $749,378 $-36,408
2023 $955,435 $1,031,248 $738,678 $-75,813
2022 $766,280 $551,096 $824,924 $215,184
2021 $385,307 $292,924 $397,005 $92,383
2020 $347,546 $407,717 $153,822 $-60,171
2019 $390,624 $331,553 $186,979 $59,071
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