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Nonprofit · EIN 22-1128510

MORRIS COUNTY CHAMBER OF COMMERCE

Tax-exempt · FLORHAM PARK, NJ 07932

Financials

$2.4M$2.1M2023$2.2M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of MORRIS COUNTY CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,179,675$2,127,264$52,411$1,967,933$1,330,994$636,939
December 31, 2023990$2,381,366$2,130,822$250,544$2,251,926$1,688,015$563,911
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$999,884
of which government grants
$440,000
Membership dues
$559,884
Program service revenue
$1,090,631
Investment income
$24,987
Other revenue
$64,173

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$993,050
Salaries, compensation and benefits (total)
$1,165,320
Professional fundraising fees
$0
Accounting fees
$48,544
Occupancy
$141,209
Travel
$7,657
Depreciation
$4,848
Program services (functional)
$1,444,624
Management and general (functional)
$682,640

Balance sheet and other

Total assets, start of year
$2,251,926
Total assets, end of year
$1,967,933
Total liabilities, end of year
$1,330,994
Net assets, end of year
$636,939
Net assets without donor restrictions
$603,889
Net assets with donor restrictions
$33,050
Gross receipts
$2,179,675
Employees
13
Volunteers
225
Year formed
1920
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.

NameTitleHours / weekCompensation
MARCUS BANKSMEMBER
Trustee or director
–$0
JOSEPH D'AURIAMEMBER
Trustee or director
–$0
ROSANNE DETORRESMEMBER
Trustee or director
–$0
DEIRDRE R WHEATLEY - LISS ESQCHAIRMAN OF
Trustee or director, Officer
–$0
JASON WALDENSTEIN ESQMEMBER
Trustee or director
–$0
PETER LEVY ESQMEMBER
Trustee or director
–$0
BOB FLYNNMEMBER
Trustee or director
–$0
TONY IACONOVICE CHAIR
Trustee or director, Officer
–$0
ILEANA IVANCIUMEMBER
Trustee or director
–$0
JAMES JACOBIMEMBER
Trustee or director
–$0
BARBARA KATZSECRETARY
Trustee or director
–$0
TOM LYONSTREASURER
Trustee or director, Officer
–$0
JILL MASSEYMEMBER
Trustee or director
–$0
DONNA MILLERMEMBER
Trustee or director
–$0
SUSAN ROOSMEMBER
Trustee or director
–$0
5 more people on this return
NameTitleHours / weekCompensation
EVERTON SCOTTMEMBER
Trustee or director
–$0
ERIC SEGUINMEMBER
Trustee or director
–$0
TOM SERLUCOIMMEDIATE PA
Trustee or director
–$0
RANDY STODARDMEMBER
Trustee or director
–$0
CHRISTINE COX WESTMEMBER
Trustee or director
–$0
990 for the year ended December 31, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
MEGHAN HUNSCHERPRESIDENT &
Key employee
37.5$217,835$2,421
MARCUS BANKSMEMBER
Trustee or director
–$0$0
JOSEPH D'AURIAMEMBER
Trustee or director
–$0$0
ROSANNE DETORRESMEMBER
Trustee or director
–$0$0
DEIRDRE R WHEATLEY - LISS ESQCHAIRMAN OF
Trustee or director, Officer
–$0$0
BOB FLYNNMEMBER
Trustee or director
–$0$0
CASEY GOCELMEMBER
Trustee or director
–$0$0
ANDY HILTONMEMBER
Trustee or director
–$0$0
TONY IACONOVICE CHAIR
Trustee or director, Officer
–$0$0
ILEANA IVANCIUMEMBER
Trustee or director
–$0$0
JAMES JACOBIMEMBER
Trustee or director
–$0$0
BARBARA KATZMEMBER
Trustee or director
–$0$0
TOM LYONSTREASURER
Trustee or director, Officer
–$0$0
DONNA MILLERMEMBER
Trustee or director
–$0$0
JACK MILLERMEMBER
Trustee or director
–$0$0
SUSAN ROOSMEMBER
Trustee or director
–$0$0
DAVID SCHLUERMEMBER
Trustee or director
–$0$0
EVERTON SCOTTMEMBER
Trustee or director
–$0$0
ERIC SEGUINMEMBER
Trustee or director
–$0$0
TOM SERLUCOMEMBER
Trustee or director
–$0$0
RANDY STODARDMEMBER
Trustee or director
–$0$0
RANDY STODARDMEMBER
Trustee or director
–$0$0
JASON WALDENSTEINMEMBER
Trustee or director
–$0$0
JASON WALDSTEINMEMBER
Trustee or director
–$0$0
CHRISTINE COX WESTMEMBER
Trustee or director
–$0$0
CHRISTINE COX WESTMEMBER
Trustee or director
–$0$0
DEBBIE WOLPOVMEMBER
Trustee or director
–$0$0

Address and contacts

Address (IRS master file)
325 COLUMBIA TPKE STE 101, FLORHAM PARK, NJ 07932-1212
Principal officer (990 for 2024)
MEGHAN HUNSCHER, 325 COLUMBIA TURNPIKE SUITE 101, SUITE 101, FLORHAM PARK, NJ 07932
Signed the 990
MEGHAN HUNSCHER, PRESIDENT & CEO
Phone
(973) 539-3882
Return prepared by
DAVID M MULDOWNEYJR CPA

Mission

BUSINESS MEMBERSHIP ORGANIZATION

990 for the year ended December 31, 2024

Program accomplishments

  • THE CHAMBER OF COMMERCE IS A MEMBERSHIP ORGANIZATION THAT RUNS PROGRAMS, MEETINGS, CONVENTIONS, AND OTHER ACTIVITIES REGARDING VARIOUS ASPECTS OF BUSINESS ACTIVITY IN MORRIS COUNTY FOR ITS MEMBERS. ALL MEETINGS CONVENTIONS AND FUNCTIONS ARE SUPPORTED BY DUES AND INVESTMENT INCOME TO PROMOTE MEMBERSIPS AND BUSINESS ACTIVITY IN MORRIS COUNTY BY ACCESSING MEMBERS TO EACH OUTHER AND TO THE GENERAL PUBLIC. BALANCE OF THE FUNDS ARE FOR ADMINISTRATIVE COSTS TO MAINTAIN CHAMBER OF COMMERCE FACILITIES AND SUPPORTING STAFF. OTHER REVENUE PROJECTS ARE UTILIZED TO ABSORB THE COST OF FULL TIME STAFF NOT OTHERWISE FUNDED.
    Expenses $1,444,624 · revenue $1,090,631

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
22-1128510
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1957
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,967,933
Income (IRS master file)
$2,179,675

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,179,675$2,127,264$1,967,933IRS
990December 2023$2,381,366$2,130,822$2,251,926XML
990December 2022$2,020,429$2,310,512$2,149,646IRS
990December 2021–––IRS
990December 2020–––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 22-1128510).

Questions about MORRIS COUNTY CHAMBER OF COMMERCE

What is the EIN of MORRIS COUNTY CHAMBER OF COMMERCE?
The employer identification number (EIN) of MORRIS COUNTY CHAMBER OF COMMERCE is 22-1128510.
Is MORRIS COUNTY CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1957.
Are donations to MORRIS COUNTY CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MORRIS 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 MORRIS 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 MORRIS 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 MORRIS COUNTY CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names MEGHAN HUNSCHER.
Who are the officers and directors of MORRIS COUNTY CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 20 people; 0 received compensation from the organization.
How much revenue does MORRIS COUNTY CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,179,675, expenses of $2,127,264 and total assets of $1,967,933 at year end.

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