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Nonprofit · EIN 05-0388923

NARRAGANSETT CHAMBER OF COMMERCE

Tax-exempt · NARRAGANSETT, RI 02882

Financials

$159K$179K2023$196K$182K2024
Revenue Expenses · by fiscal year end
Financials of NARRAGANSETT CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$196,165$182,331$13,834$35,130$0$35,130
December 31, 2023990-EZ$158,642$178,703-$20,061$21,296$0$21,296
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$35,000
Membership dues
$28,620
Program service revenue
$132,545

Expenses

Compensation of officers, directors and key employees
$43,335
Salaries, compensation and benefits (total)
$43,335
Professional fees and payments to contractors
$9,830
Occupancy
$77,647
Printing, publications and postage
$12,619
Other expenses
$38,900

Balance sheet and other

Total assets, start of year
$21,296
Total assets, end of year
$35,130
Total liabilities, end of year
$0
Net assets, end of year
$35,130
Cash, savings and investments
$35,130
Gross receipts
$196,165

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARGARET FRADETTEEXECUTIVE DIRECTOR40$43,335
KAPRECE RANSAWCO-CHAIR1$0
AMY NEWMANCO-CHAIR1$0
MEG SISCOSECRETARY1$0
NICHOLAS DESOUSATREASURER1$0
RICHARD FUKADIRECTOR1$0
PATRICIA SYLVIADIRECTOR1$0
ROBERT LEONARDDIRECTOR1$0
MARISA SPRAGUEDIRECTOR1$0
ERIK RYANDIRECTOR1$0
PATRICIA GOLDSTEINDIRECTOR1$0
AMY MARCELLODIRECTOR1$0
990-EZ for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
MARGARET FRADETTEEXECUTIVE DIRECTOR40$62,400
KAPRECE RANSAWCO-CHAIR1$0
AMY NEWMANCO-CHAIR1$0
MEG SISCOSECRETARY1$0
NICHOLAS DESOUSATREASURER1$0
RICHARD FUKADIRECTOR1$0
PATRICIA SYLVIADIRECTOR1$0
ROBERT LEONARDDIRECTOR1$0
MARISA SPRAGUEDIRECTOR1$0
ERIK RYANDIRECTOR1$0
PATRICIA GOLDSTEINDIRECTOR1$0
AMY MARCELLODIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 742, NARRAGANSETT, RI 02882-0742
In care of
% CHRISTINE
Signed the 990-EZ
MARGARET S FRADETTE, EXECUTIVE DIRECTOR
Phone
(401) 783-7121
Return prepared by
PASCARELLA & GILL PC

Mission

DUES PAYING MEMBERSHIP ORGANIZED FOR THE PURPOSE OF ADVOCACY, EDUCATION, AND NETWORKING AMONG LOCAL BUSINESSES

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE ANNUAL CALAMARI FESTIVAL. THIS EVENT CELEBRATES RHODE ISLANDS OFFICIAL STATE APPETIZERS AND BRINGS ATTENTION TO THE TOWNS FISHING PORT AS ONE OF THE LARGEST IN THE UNITED SYTATES IT ALSO PROVIDES ADVERTISING OPPORTUNITES AND BRINGS CUSTOMERS TO MEMBER BUSINESSES
  • THE FESTIVAL OF LIGHTS IS AN ANNUAL EVENT HOSTED BY THE CHAMBER WHERE LOCAL BUSINESSES HAVE THE OPPORTUNITY TO SHOWCASE THEIR BUSINESSES AND SELL THEIR CRAFTS JUST IN TIME FOR THE HOLIDAYS
  • THE MAIN FOCUS OF THE CHAMBER IS TO SUPPORT ITS MEMBERS.MEMBERS ARE PROVIDED WITH MARKETING ADVOCACY AND NEWTWORKING OPPORTUNITIES THAT HELP STRENGTHEN THEIR BUSINESSES AND GROW REALTIONSHIPS.THESE OPPORTUNITIES ARE PROVIDED TO THEM THROUGH EVENETS, WEBSITES, SOCIAL MEDIA, AND FACE TO FACE PROMOTION WITH DAILY VISITORS AND TOURISTS ENTERING THE OFFICE

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
05-0388923
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$35,130
Income (IRS master file)
$196,165

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$196,165$182,331$35,130IRS
990-EZDecember 2023$158,642$178,703$21,296XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 05-0388923).

Questions about NARRAGANSETT CHAMBER OF COMMERCE

What is the EIN of NARRAGANSETT CHAMBER OF COMMERCE?
The employer identification number (EIN) of NARRAGANSETT CHAMBER OF COMMERCE is 05-0388923.
Is NARRAGANSETT CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2005.
Are donations to NARRAGANSETT CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NARRAGANSETT 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 NARRAGANSETT 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 NARRAGANSETT CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of NARRAGANSETT CHAMBER OF COMMERCE?
The 990-EZ for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $43,335 (MARGARET FRADETTE, EXECUTIVE DIRECTOR).
How much revenue does NARRAGANSETT CHAMBER OF COMMERCE have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $196,165, expenses of $182,331 and total assets of $35,130 at year end.

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