HISTORICAL SOCIETY OF THE TOWNSHIP OF CHATHAM

EIN: 510139992 501(c)(3)

CHATHAM, NJ

Total Revenue
$37,055
Total Expenses
$19,215
Total Assets
$1,297,164
Net Assets
$1,297,164
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
NJ
Principal Officer
MARTHA WELLS
Phone
9736354911
Tax Period
2023-01-01 to 2023-12-31

HISTORICAL SOCIETY OF THE TOWNSHIP OF CHATHAM, founded in 1975, is a micro nonprofit that reported $37K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $18K, a strong 48% operating margin.

Mission

THE ORGANIZATION IS AN ALL-VOLUNTEER, NOT-FOR-PROFIT FOUNDED IN 1975. IT IS DEDICATED TO INCREASING KNOWLEDGE, AWARENESS AND PRESERVATION OF THE TOWN'S HISTORICAL HERITAGE. IT MAINTAINS THE RED BRICK SCHOOLHOUSE MUSEUM FOR COORDINATION OF EDUCATIONAL PROGRAMS, RESEARCH AND PRESERVATION ADVOCACY.

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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 $3,063
Program Service Revenue $0
Investment Income $33,897
Other Revenue $95
TOTAL REVENUE $37,055

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,815
Other Expenses $19,215
TOTAL EXPENSES $19,215

Year-over-Year Comparison

2023 2022 Change
Revenue $37,055 $55,983 -0.3%
Expenses $19,215 $55,332 -0.7%
Net Income $17,840 $651 +26.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
35

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTHA WELLS PRESIDENT 3.00
Officer Director
$0 $0 $0
PATRICIA WELLS VICE PRESIDE 15.00
Officer Director
$0 $0 $0
LINDA PITNEY SECRETARY 1.00
Officer Director
$0 $0 $0
ROSALIND MYTELKA TREASURER 1.00
Officer Director
$0 $0 $0
CELESTE FONDACO TRUSTEE 1.00
Director
$0 $0 $0
SHEILA GOGGINS TRUSTEE 3.00
Director
$0 $0 $0
SUSAN HOAG TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL KELLY TRUSTEE 2.00
Director
$0 $0 $0
VINCENT MADDI TRUSTEE 1.00
Director
$0 $0 $0
CINDY SULLIVAN TRUSTEE 1.00
Director
$0 $0 $0
SALLY WALKER TRUSTEE 1.00
Director
$0 $0 $0
PAUL WEHN TRUSTEE 1.00
Director
$0 $0 $0
TRIP VON HOFFMANN TRUSTEE 1.00
Director
$0 $0 $0
NICOLE VON HOFFMANN TRUSTEE 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 $37,055 $19,215 $1,297,164 $17,840
2022 $55,983 $55,332 $1,151,199 $651
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