HOLYOKE, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GREATER HOLYOKE CHAMBER CENTENNIAL FOUNDATION INC, founded in 1990, is a small nonprofit that reported $750K in total revenue in fiscal year 2017. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 39% operating deficit.
THE FOUNDATION CONTRIBUTES TO THE ECONOMIC DEVELOPMENT AND ECONOMIC VITALITY OF THE COMMUNITY BY WORKING COLLABORATIVELY WITH AND IN SUPPORT OF THE CHAMBER OF COMMERCE. IT ADVISES CHAMBER MEMBERS AND THE BROADER COMMUNITY BY GUIDING AND PARTICIPATING IN PROGRAMS AND INITIATIVES RELATED TO: - HUMAN CAPITAL, EDUCATION AND WORKFORCE DEVELOPMENT. - RESEARCH AND STRATEGIC PLANNING TO GUIDE THE CHAMBER OF COMMERCE POLICIES RELATED TO BUSINESS NEEDS AND ECONOMIC DEVELOPMENT OF THE REGION. - BUSINESS EDUCATION AND SUPPORT FOR ENTREPRENEURSHIP. - FUNDRAISING: FINDING THE RESOURCES TO ACHIEVE CHAMBER OBJECTIVES AND ACCESS FUNDING OPPORTUNITIES. - SPECIAL PROJECTS OF STRATEGIC IMPORTANCE TO THE BUSINESS COMMUNITY.
HOLYOKE WORKS: A REGIONALLY RECOGNIZED ADULT BASIC EDUCATION ANDWORKFORCE DEVELOPMENT SERVICE PROVIDER. WORKING COLLABORATIVELYWITH THE REGION'S ONE STOP CENTERS, THE HOLYOKE PUBLIC SCHOOLS,THE...
HOLYOKE WORKS: A REGIONALLY RECOGNIZED ADULT BASIC EDUCATION ANDWORKFORCE DEVELOPMENT SERVICE PROVIDER. WORKING COLLABORATIVELYWITH THE REGION'S ONE STOP CENTERS, THE HOLYOKE PUBLIC SCHOOLS,THE REGIONAL EMPLOYMENT BOARD OF HAMPDEN COUNTY, THE MASSACHUSETTSDEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION, THE GREATERHOLYOKE CHAMBER OF COMMERCE, AND BUSINESSES THROUGHOUT THE REGION,HOLYOKE WORKS EXCELS IN ASSISTING JOB SEEKERS IN DEVELOPING THESKILLS NECESSARY TO COMPETE IN TODAY'S JOB MARKET. OFFERING ESOL,ABE, HISET, COMPUTER APPLICATIONS, CUSTOMER SERVICE, AND NURSEAIDE TRAININGS AND JOB PLACEMENTS, HOLYOKE WORKS HELPS HUNDREDS OFPEOPLE RE-ENTER THE AREA'S WORKFORCE EVERY YEAR.
HOLYOKE EMPLOYMENT LINK: WORKS IN COLLABORATION WITH HAMPDENCOUNTY CAREER CENTER,INC. D/B/A CAREERPOINT, THE CITY OF HOLYOKEAND THE GREATER HOLYOKE CHAMBER CENTENNIAL FOUNDATION, INC. TOHELP PLACE...
HOLYOKE EMPLOYMENT LINK: WORKS IN COLLABORATION WITH HAMPDENCOUNTY CAREER CENTER,INC. D/B/A CAREERPOINT, THE CITY OF HOLYOKEAND THE GREATER HOLYOKE CHAMBER CENTENNIAL FOUNDATION, INC. TOHELP PLACE HOLYOKE RESIDENTS INTO HOLYOKE EMPLOYMENT, ASSIST WITHJOB SEARCH TO LOCAL HOLYOKE EMPLOYMENT. HOLYOKE EMPLOYMENT LINKTHROUGH CAREERPOINT OFFERS WORKSHOPS, ONE-ON-ONE ASSISTANCE ANDGUIDANCE TOWARDS FINDING THE RIGHT EMPLOYMENT. PARTICIPANTS HAVEACCESS TO A RESOURCE CENTER WHERE YOU CAN USE A COMPUTER LAB TORESEARCH JOB POSTINGS AND USE A VARIETY OF OTHER OPTIONS TO FINDEMPLOYMENT.
SPARK: STIMULATING POTENTIAL, ACCESSING RESOURCE KNOWLEDGE IS A PARTNERSHIP OF OVER TEN COMMUNITY PARTNERS WHO COLLABORATED TO ESTABLISH THE FRAMEWORK FOR ENTREPRENEURSHIP EDUCATION IN HOLYOKE. THE...
SPARK: STIMULATING POTENTIAL, ACCESSING RESOURCE KNOWLEDGE IS A PARTNERSHIP OF OVER TEN COMMUNITY PARTNERS WHO COLLABORATED TO ESTABLISH THE FRAMEWORK FOR ENTREPRENEURSHIP EDUCATION IN HOLYOKE. THE GOAL OF SPARK IS TO STRENGTHEN AND GROW THE HOLYOKE ECONOMY FROM WITHIN ITS OWN RESIDENTS, WHICH ARE OFTEN UNDER-REPRESENTED AND HAVE UNTAPPED POTENTIAL TO INCREASE BUSINESS AND SOCIAL VENTURES IN THE CITY AND REGION. A SECONDARY GOAL IS TO STRENGTHEN THE ROLE OF HOLYOKE AND THE HOLYOKE INNOVATION DISTRICT IN THE LARGER ENTREPRENEUR ECOSYSTEM OF WESTERN MASS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2017 | 2016 | Change | |
|---|---|---|---|
| Revenue | $749,682 | $1,155,916 | -0.4% |
| Expenses | $1,041,030 | $1,305,486 | -0.2% |
| Net Income | $-291,348 | $-149,570 | +0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BARRY FEINGOLD | PRESIDENT | 19.00 |
Officer
|
$0 | $0 | $0 |
| JEFFREY SULLIVAN | CHAIRMAN | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| HARRY MONTALVO | VICE CHAIRMAN | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| GEORGE MULRY | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| ATTORNEY JOHN FERRITER | CLERK | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICIA CANAVAN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| DAVID CRUISE | DIRECTOR | 0.50 |
Director
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$0 | $0 | $0 |
| MARIA FERRER | DIRECTOR | 0.50 |
Director
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$0 | $0 | $0 |
| DR CHRISTINA ROYAL | DIRECTOR | 0.50 |
Director
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$0 | $0 | $0 |
| LAUREN G SCRUGGS | DIRECTOR | 0.50 |
Director
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$0 | $0 | $0 |
| PAUL STELZER | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| STEPHEN ZRIKE | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| KATHLEEN ANDERSON | PRESIDENT | 19.00 |
Officer
|
$0 | $1,464 | $81,366 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $749,682 | $1,041,030 | $418,389 | $-291,348 |
Compare GREATER HOLYOKE CHAMBER CENTENNIAL FOUNDATION INC with other nonprofits in Massachusetts and across the country.