CAPE MAY COUNTY CHAMBER OF COMMERCE

EIN: 210698652

CAPE MAY COURT HOUSE, NJ

Total Revenue
$698,148
Total Expenses
$758,516
Total Assets
$744,833
Net Assets
$276,049
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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
1954
Legal Domicile
NJ
Principal Officer
ELI MASSOOD
Phone
6094657181
Tax Period
2024-10-01 to 2025-09-30

CAPE MAY COUNTY CHAMBER OF COMMERCE, founded in 1954, is a small nonprofit that reported $698K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

CHAMBER OF COMMERCE TO PROMOTE BUSINESSES LOCATED IN CAPE MAY COUNTY, NEW JERSEY

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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 $23,815
Program Service Revenue $640,573
Investment Income $2,857
Other Revenue $30,903
TOTAL REVENUE $698,148

Expense Breakdown

Grants Paid $0
Salaries & Benefits $363,701
Fundraising Expenses $0
Program Expenses $758,516
Other Expenses $394,815
TOTAL EXPENSES $758,516

Year-over-Year Comparison

2024 2023 Change
Revenue $698,148 $630,927 +0.1%
Expenses $758,516 $719,587 +0.1%
Net Income $-60,368 $-88,660 -0.3%
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
36
Independent Members
36
Employees
7
Volunteers
36

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
8
$0
Total Directors
35
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOUIS BEZICH DIRECTOR 5.00
Director
$0 $0 $0
DOUG BURKE DIRECTOR AT 5.00
Officer Director
$0 $0 $0
JOE CLEARY DIRECTOR 5.00
Director
$0 $0 $0
LOUIS DELOLLIS CHAMBER SOLI 5.00
Officer Director
$0 $0 $0
KATIE FELDETTA DIRECTOR 5.00
Director
$0 $0 $0
KEYTA FRUCELLI DIRECTOR 5.00
Director
$0 $0 $0
MARRY ANN GINN DIRECTOR 5.00
Director
$0 $0 $0
JACOB HOFFER DIRECTOR 5.00
Director
$0 $0 $0
ELIZABETH HULITT SECRETARY 5.00
Officer Director
$0 $0 $0
STEVE HUNTER DIRECTOR 5.00
Director
$0 $0 $0
KEN JENKINS DIRECTOR 5.00
Director
$0 $0 $0
CHRISTA LINNINGTON DIRECTOR 5.00
Director
$0 $0 $0
ELIZA LOTOZO DIRECTOR 5.00
Director
$0 $0 $0
TRACEY MARTIN DIRECTOR 5.00
Director
$0 $0 $0
ELI MASSOOD CHAIR 5.00
Officer Director
$0 $0 $0
KRISTA MCCONNELL DIRECTOR 5.00
Director
$0 $0 $0
MARCIA MCCULLEY DIRECTOR 5.00
Director
$0 $0 $0
MICHAEL MCMAHON TREASURER 5.00
Officer Director
$0 $0 $0
CHRIS MOONEY DIRECTOR 5.00
Director
$0 $0 $0
PETER MORANO DIRECTOR 5.00
Director
$0 $0 $0
MARIFRANCES O'NEILL DIRECTOR 5.00
Director
$0 $0 $0
ALICIA PEARSON DIRECTOR 5.00
Director
$0 $0 $0
JIM RIDGWAY DIRECTOR 5.00
Director
$0 $0 $0
JIM RUTALA DIRECTOR 5.00
Director
$0 $0 $0
DR SUSAN ADELIZZI SCHMIDT DIRECTOR 5.00
Director
$0 $0 $0
DENISE SCHUTTER DIRECTOR 5.00
Director
$0 $0 $0
JENNIFER SHIVERS DIRECTOR 5.00
Director
$0 $0 $0
RON SULPIZI DIRECTOR 5.00
Director
$0 $0 $0
GREG SYKORA DIRECTOR 5.00
Director
$0 $0 $0
STEPHANIE THOMAS 2ND VICE CHA 5.00
Officer Director
$0 $0 $0
SCOTT TURNER 1ST VICE CHA 5.00
Officer Director
$0 $0 $0
WILLIAM WHESPER DIRECTOR 5.00
Director
$0 $0 $0
DENISE WIEAND DIRECTOR AT 5.00
Officer Director
$0 $0 $0
DIANE WIELAND DIRECTOR 5.00
Director
$0 $0 $0
CAROLYN ZUMPINO DIRECTOR 5.00
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 $698,148 $758,516 $744,833 $-60,368
2024 $630,927 $719,587 $816,731 $-88,660
2023 $680,549 $711,369 $911,314 $-30,820
2022 $692,910 $739,103 $942,992 $-46,193
2021 $802,009 $505,651 $931,164 $296,358
2020 $631,292 $616,270 $450,815 $15,022
2019 $686,581 $665,806 $354,297 $20,775
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