MAMARONECK CHAMBER OF COMMERCE INC

EIN: 131764746 Community Improvement

MAMARONECK, NY

Total Revenue
$56,066
Total Expenses
$38,863
Total Assets
$23,249
Net Assets
$23,249
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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
1963
Legal Domicile
NY
Principal Officer
MICHAEL MURPHY
Phone
9146301552
Tax Period
2024-01-01 to 2024-12-31

MAMARONECK CHAMBER OF COMMERCE INC, founded in 1963, is a micro nonprofit in the Community Improvement sector that reported $56K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17K, a strong 31% operating margin.

Mission

PROMOTE LOCAL BUSINESSES AND COMMUNITY SUPPORT AND EVENTS

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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 $34,710
Program Service Revenue $21,356
Investment Income $0
Other Revenue $0
TOTAL REVENUE $56,066

Expense Breakdown

Grants Paid $1,800
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $27,713
Other Expenses $37,063
TOTAL EXPENSES $38,863

Year-over-Year Comparison

2024 2023 Change
Revenue $56,066 $32,642 +0.7%
Expenses $38,863 $48,412 -0.2%
Net Income $17,203 $-15,770 -2.1%
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
11
Independent Members
11
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHELLY BLAUFEUX TREASURER N/A
Director
$0 $0 $0
MICHAEL MURPHY PRESIDENT N/A
Director
$0 $0 $0
MICHAEL MURPHY VICE PRESIDE N/A
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 $56,066 $38,863 $23,249 $17,203
2023 $32,642 $48,412 $6,046 $-15,770
2022 $61,154 $75,421 $23,741 $-14,267
2021 $89,410 $77,574 $38,008 $11,836
2019 $43,090 $49,886 $5,058 $-6,796
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