Nonprofit · EIN 21-0667144
TOMS RIVER-OCEAN COUNTY CHAMBER OF COMMERCE
Tax-exempt · TOMS RIVER, NJ 08753
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $237,593 | $226,325 | $11,268 | $178,663 | $15,000 | $163,663 |
| December 31, 2023 | 990 | $223,178 | $214,087 | $9,091 | $152,395 | $0 | $152,395 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $141,490
- Membership dues
- $141,490
- Program service revenue
- $51,356
- Investment income
- $0
- Net income from fundraising events
- $44,040
- Other revenue
- $44,747
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $120,000
- Other salaries and wages
- $20,520
- Salaries, compensation and benefits (total)
- $152,714
- Professional fundraising fees
- $0
- Program services (functional)
- $149,603
- Management and general (functional)
- $76,722
Balance sheet and other
- Total assets, start of year
- $152,395
- Total assets, end of year
- $178,663
- Total liabilities, end of year
- $15,000
- Net assets, end of year
- $163,663
- Net assets without donor restrictions
- $163,663
- Gross receipts
- $257,234
- Employees
- 4
- Year formed
- 1953
- State of legal domicile
- NJ
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 |
|---|---|---|---|
| Bob McLane | 1st VP Trustee or director, Officer | 5 | $0 |
| Adam Servodio | Chairman Trustee or director, Officer | 25 | $0 |
| Jan Kirsten | Secretary Trustee or director, Officer | 5 | $0 |
| Frank Monetti | Treasurer Officer | 5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bob McLane | 1st VP Trustee or director, Officer | 25 | $0 |
| Adam Servodio | Chairman Trustee or director, Officer | 5 | $0 |
| Jan Kirsten | Secretary Trustee or director, Officer | 5 | $0 |
| Frank Monetti | Treasurer Officer | 25 | $0 |
Address and contacts
- Address (IRS master file)
- 1415 HOOPER AVE STE 305G, TOMS RIVER, NJ 08753-2585
- In care of
- % DANIELLE NORCROSS
- Principal officer (990 for 2024)
- Adam Servodio, PO Box 2106, Toms River, NJ 08754
- Signed the 990
- Adam Servodio, Chairman
- Phone
- (732) 349-0220
- Website
- tomsriverchamber.com
- Return prepared by
- MonettiStandard PC
Mission
The primary goal is to foster economic growth and community well being through development of the commercial, professional, industrial, civic, cultural, recreational, and general interests of the community.
Program accomplishments
- Foster economic growth and community well being through development of the commercial, professional, industrial, civic, cultural, recreational, and general interests of the community.
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
- 21-0667144
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $178,663
- Income (IRS master file)
- $257,234
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $237,593 | $226,325 | $178,663 | XML |
| 990 | December 2023 | $223,178 | $214,087 | $152,395 | XML |
| 990 | December 2022 | $157,517 | $152,315 | $143,304 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 21-0667144).
Questions about TOMS RIVER-OCEAN COUNTY CHAMBER OF COMMERCE
- What is the EIN of TOMS RIVER-OCEAN COUNTY CHAMBER OF COMMERCE?
- The employer identification number (EIN) of TOMS RIVER-OCEAN COUNTY CHAMBER OF COMMERCE is 21-0667144.
- Is TOMS RIVER-OCEAN COUNTY CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1969.
- Are donations to TOMS RIVER-OCEAN COUNTY CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TOMS RIVER-OCEAN COUNTY 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 TOMS RIVER-OCEAN COUNTY 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 TOMS RIVER-OCEAN COUNTY 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 TOMS RIVER-OCEAN COUNTY CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names Adam Servodio.
- Who are the officers and directors of TOMS RIVER-OCEAN COUNTY CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does TOMS RIVER-OCEAN COUNTY CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $237,593, expenses of $226,325 and total assets of $178,663 at year end.
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