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Nonprofit · EIN 04-2255031

CHELSEA CHAMBER OF COMMERCE

Tax-exempt · CHELSEA, MA 02150

Financials

$210K$239K2023$337K$296K2024
Revenue Expenses · by fiscal year end
Financials of CHELSEA CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$336,662$296,477$40,185$255,602$62,310$193,292
December 31, 2023990$209,843$239,066-$29,223$218,196$66,068$152,128
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$269,156
Membership dues
$44,029
Program service revenue
$33,170
Investment income
$8
Net income from fundraising events
$34,328
Other revenue
$34,328

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$194,567
Salaries, compensation and benefits (total)
$213,982
Professional fundraising fees
$0
Accounting fees
$9,004
Occupancy
$19,299
Program services (functional)
$240,080
Management and general (functional)
$56,397

Balance sheet and other

Total assets, start of year
$218,196
Total assets, end of year
$255,602
Total liabilities, end of year
$62,310
Net assets, end of year
$193,292
Land, buildings and equipment
$150,552
Net assets without donor restrictions
$193,292
Gross receipts
$363,941
Employees
5
Volunteers
0
Year formed
1931
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
URI MOLINADIRECTOR
Trustee or director
1$0
HAILEY GUZMANDIRECTOR
Trustee or director
1$0
RENEE CASODIRECTOR
Trustee or director
1$0
LAUREN ELLISDIRECTOR
Trustee or director
1$0
CHARLENE BAUERDIRECTOR
Trustee or director
1$0
SEAN MCNAMEEDIRECTOR
Trustee or director
1$0
ROSAIVETTE BAEZDIRECTOR
Trustee or director
1$0
BETH MCDOUGALPRESIDENT
Officer
2$0
SETH FELIXTREASURER
Officer
2$0
JOSEPH VINARDIMMEDIATE PAST PRESIDENT
Officer
2$0
DAVID MINDLINVICE PRESIDENT
Officer
2$0
ROMAN GOLDVICE PRESIDENT
Officer
1$0
ARTHUR ARSENAULTSECRETARY
Officer
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
MADELYN GARCIADIRECTOR
Trustee or director
1$0
NADER ACEVEDODIRECTOR
Trustee or director
1$0
RENEE CASODIRECTOR
Trustee or director
1$0
RICHARD GORDONDIRECTOR
Trustee or director
1$0
YAHYA NOORDIRECTOR
Trustee or director
1$0
MUSTAPHA ET-TAIKDIRECTOR
Trustee or director
1$0
ALICE MURILLODIRECTOR
Trustee or director
1$0
ROSAIVETTE BAEZDIRECTOR
Trustee or director
1$0
LUIS MINNIGDIRECTOR
Trustee or director
1$0
BETH MCDOUGALPRESIDENT
Officer
2$0
D BRUCE MAUCHTREASURER
Officer
2$0
JOSEPH VINARDVICE PRESIDENT
Officer
2$0
DAVID MINDLINVICE PRESIDENT
Officer
2$0
ROMAN GOLDENVICE PRESIDENT
Officer
1$0
ARTHUR ARSENAULTSECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
308 BROADWAY, CHELSEA, MA 02150-2808
Principal officer (990 for 2024)
SETH FELIX, 308 BROADWAY, CHELSEA, MA 02150
Signed the 990
SETH FELIX, TREASURER
Phone
(617) 884-4877
Return prepared by
SUSAN E GALLANT CPA MST

Mission

WE SUPPORT, PROMOTE, AND INFORM OUR BUSINESS AND NON-PROFIT MEMBERS, AS WELL AS CHELSEA IN GENERAL, FOR A STRONGER, MORE PRODUCTIVE, AND COHESIVE COMMUNITY. WE ARE A NON-PROFIT, MEMBER-SUPPORTED ORGANIZATION.

990 for the year ended December 31, 2024

Program accomplishments

  • ORGANIZE BUSINESS FUNCTIONS FOR MEMBERS TO NETWORK, SPONSOR EDUCATIONAL INFORMATION SESSIONS FOR AND TO SUPPLY VARIOUS SUPPORT SERVICES FOR BUSINESS OWNERS
    Expenses $240,080 · revenue $33,178

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2255031
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$255,602
Income (IRS master file)
$363,941

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$336,662$296,477$255,602IRS
990December 2023$209,843$239,066$218,196XML
990December 2022$204,859$212,082$262,798IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2255031).

Questions about CHELSEA CHAMBER OF COMMERCE

What is the EIN of CHELSEA CHAMBER OF COMMERCE?
The employer identification number (EIN) of CHELSEA CHAMBER OF COMMERCE is 04-2255031.
Is CHELSEA CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6).
Are donations to CHELSEA CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHELSEA CHAMBER OF COMMERCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHELSEA CHAMBER OF COMMERCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHELSEA CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHELSEA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names SETH FELIX.
Who are the officers and directors of CHELSEA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does CHELSEA CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $336,662, expenses of $296,477 and total assets of $255,602 at year end.

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