Nonprofit · EIN 04-2790704
GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC
Tax-exempt · BOSTON, MA 02110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $851,626 | $1,161,643 | -$310,017 | $763,288 | $96,769 | $666,519 |
| December 31, 2023 | 990 | $2,008,455 | $1,101,094 | $907,361 | $1,015,776 | $218,204 | $797,572 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $11,300
- Program service revenue
- $840,326
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $22,190
- Accounting fees
- $15,000
- Program services (functional)
- $1,095,033
- Management and general (functional)
- $50,000
- Fundraising (functional)
- $16,610
Balance sheet and other
- Total assets, start of year
- $1,015,776
- Total assets, end of year
- $763,288
- Total liabilities, end of year
- $96,769
- Net assets, end of year
- $666,519
- Net assets without donor restrictions
- $503,824
- Net assets with donor restrictions
- $162,695
- Gross receipts
- $851,626
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1984
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES E ROONEY | PRESIDENT/CHAIRMAN Officer | 50 | $0 | $787,894 | $28,374 |
| CELIA RICHA | SENIOR VP, STRATEGIC INITI Key employee | 1 | $0 | $239,625 | $32,853 |
| BENJAMIN STUART | VP, FINANCE & TECHNOLOGY Highest-paid employee | 1 | $0 | $178,115 | $30,702 |
| BEILEI HUANG | SENIOR DIRECTOR, FINANCE & Key employee | 1 | $0 | $154,808 | $28,126 |
| ABIGAIL PAUL | TREASURER/DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| YVONNE GARCIA | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| MELISSA SAMPSON MCMORROW | CLERK Trustee or director | 0.2 | $0 | $0 | $0 |
| SANDRA EDGERLEY | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| VIKKI SPRUILL | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| J KEVIN BYNOE | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES E ROONEY | PRESIDENT/CHAIRMAN Officer | 50 | $0 | $809,302 | $25,712 |
| CELIA RICHA | SENIOR VP, STRATEGIC INITIATIVES & POLICY Key employee | 1 | $0 | $254,115 | $31,491 |
| BEILEI HUANG | SENIOR DIRECTOR, FINANCE & ADMINISTRATION Key employee | 1 | $0 | $178,331 | $26,727 |
| BENJAMIN STUART | VP, FINANCE & TECHNOLOGY Highest-paid employee | 1 | $0 | $148,336 | $25,717 |
| YVONNE GARCIA | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| CHARLAYNE MURRELL-SMITH | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| SANDRA EDGERLY | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| VERONIQUE SPRUILL | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| KEVIN BYNOE | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| ABIGAIL PAUL | TREASURER/DIRECTOR Officer | 1.5 | $0 | $0 | $0 |
| MELISSA SAMPSON MCMORROW | CLERK Officer | 0.2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 265 FRANKLIN STREET, BOSTON, MA 02110-3113
- Principal officer (990 for 2024)
- JAMES E ROONEY, 265 FRANKLIN STREET, BOSTON, MA 02110
- Signed the 990
- JAMES E ROONEY, PRESIDENT
- Phone
- (617) 227-4500
- Website
- GBCCFOUNDATION.ORG
- Return prepared by
- PLANTE & MORAN PLLC
Mission
TRANSFORM THE LIVES OF CURRENT AND FUTURE RESIDENTS BY LEVERAGING THE COMMONWEALTH'S UNTAPPED TALENT, CHAMPIONING SMALL BUSINESSES AND CREATING TOMORROW'S LEADERS IN SUPPORT OF A 21ST CENTURY ECONOMY
Program accomplishments
- CIVIC PROJECTS - FUND PROJECTS WHICH ARE CONSISTENT WITH THE PURPOSES FOR WHICH THE CORPORATION WAS CREATED: PUBLIC HEALTH, EDUCATION AND SOCIAL WELFARE.Expenses $1,095,033 · revenue $851,626
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2790704
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S21)
- Assets (IRS master file)
- $763,288
- Income (IRS master file)
- $851,626
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $851,626 | $1,161,643 | $763,288 | IRS |
| 990 | December 2023 | $2,008,455 | $1,101,094 | $1,015,776 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 04-2790704).
Questions about GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC
- What is the EIN of GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC?
- The employer identification number (EIN) of GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC is 04-2790704.
- Is GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC 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 GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC 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 GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC 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 GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names JAMES E ROONEY.
- Who are the officers and directors of GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does GREATER BOSTON CHAMBER OF COMMERCE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $851,626, expenses of $1,161,643 and total assets of $763,288 at year end.
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