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Nonprofit · EIN 52-1077028

GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC

Tax-exempt · GAITHERSBURG, MD 20878

Financials

$399K$404K2023$479K$446K2024
Revenue Expenses · by fiscal year end
Financials of GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$478,959$446,308$32,651$290,584$7,132$283,452
December 31, 2023990$398,968$403,574-$4,606$232,068$467$231,601
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$111,141
of which government grants
$111,141
Program service revenue
$363,509
Investment income
$4,309
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$229,866
Salaries, compensation and benefits (total)
$267,099
Professional fundraising fees
$0
Accounting fees
$5,800
Occupancy
$40,505
Travel
$648

Balance sheet and other

Total assets, start of year
$232,068
Total assets, end of year
$290,584
Total liabilities, end of year
$7,132
Net assets, end of year
$283,452
Publicly traded securities
$240,567
Net assets without donor restrictions
$283,452
Gross receipts
$478,959
Employees
3
Volunteers
40
Year formed
1978
State of legal domicile
MD

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 / weekCompensationOther / benefits
PAULA ROSSPRESIDENT &
Officer
40$109,843$10,574
SHARON ANTHONYDIRECTOR
Trustee or director
1$0$0
ERIC ASHMONTDIRECTOR
Trustee or director, Officer
1$0$0
STEVE BARBERCHAIR-ELECT
Trustee or director, Officer
2$0$0
SHAH BEHZADIDIRECTOR
Trustee or director
1$0$0
DAVE BUONORADIRECTOR
Trustee or director
1$0$0
KATHRYNE CARTERVICE CHAIR-Y
Trustee or director, Officer
2$0$0
MICK COLLINSDIRECTOR
Trustee or director
1$0$0
DANIEL DELLON CPATREASURER
Trustee or director, Officer
2$0$0
KIM ELLIOTTDIRECTOR
Trustee or director
1$0$0
FERNANDO FUESTESDIRECTOR
Trustee or director
1$0$0
JOYCE FUHRMANNVICE CHAIR-E
Trustee or director
2$0$0
MARTIN HOLLANDERDIRECTOR
Trustee or director
1$0$0
SANDY LEBLANCDIRECTOR
Trustee or director
1$0$0
TOM LONERGAN-SEEGERDIRECTOR
Trustee or director
1$0$0
12 more people on this return
NameTitleHours / weekCompensation
HEATHER MADISONCHAIR
Trustee or director, Officer
2$0
DAVID MCCORMICK-GOODHARTDIRECTOR
Trustee or director, Officer
1$0
RAYMOND MCKENZIEDIRECTOR
Trustee or director
1$0
ROMY NUNEZVICE CHAIR-M
Trustee or director
2$0
AJ NWOGAIMMEDIATE PA
Trustee or director, Officer
1$0
MICHELE POTTERVICE CHAIR-E
Trustee or director
2$0
ALEXIS ROBBINSDIRECTOR
Trustee or director
1$0
BRETT ROUGHDIRECTOR
Trustee or director
1$0
JON SADAKADIRECTOR
Trustee or director
1$0
PAUL SMITHDIRECTOR
Trustee or director
1$0
GARY UNTERBERGDIRECTOR
Trustee or director
1$0
EMMYRICH VICENTEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
PAULA ROSSPRESIDENT &
Officer
40$104,048$7,873
ANITA ANDERSONDIRECTOR
Trustee or director
1$0$0
ERIC ASHMONTVICE CHAIR-Y
Trustee or director, Officer
2$0$0
STEVE BARBERVICE CHAIR-M
Trustee or director, Officer
2$0$0
HENRY BERNSTEINVICE CHAIR-E
Trustee or director, Officer
2$0$0
KERRI COOKDIRECTOR
Trustee or director
1$0$0
DANIEL DELLON CPATREASURER
Trustee or director, Officer
2$0$0
FERNANDO FUESTESDIRECTOR
Trustee or director
1$0$0
JOYCE FUHRMANNDIRECTOR
Trustee or director
1$0$0
MOLLY VAN GRACKDIRECTOR
Trustee or director
1$0$0
MARTIN HOLLANDERDIRECTOR
Trustee or director
1$0$0
MUHAMMAD KEHNEMOUYIDIRECTOR
Trustee or director
1$0$0
SANDY LEBLANCDIRECTOR
Trustee or director
1$0$0
TOM LONERGAN-SEEGERDIRECTOR
Trustee or director
1$0$0
HEATHER MADISONVICE CHAIR-E
Trustee or director, Officer
2$0$0
MATT MAYNARDDIRECTOR
Trustee or director
1$0$0
DAVID MCCORMICK-GOODHARTIMMEDIATE PA
Trustee or director, Officer
2$0$0
RAYMOND MCKENZIEDIRECTOR
Trustee or director
1$0$0
ROMY NUNEZDIRECTOR
Trustee or director
1$0$0
AJ NWOGACHAIR
Trustee or director, Officer
2$0$0
MICHELE POTTERDIRECTOR
Trustee or director
1$0$0
ALEXIS ROBBINSDIRECTOR
Trustee or director
1$0$0
BRETT ROUGHDIRECTOR
Trustee or director
1$0$0
STEVE SIMONDIRECTOR
Trustee or director
1$0$0
GARY UNTERBERGDIRECTOR
Trustee or director
1$0$0
EMMYRICH VICENTEDIRECTOR
Trustee or director
1$0$0
DAWN WALTONDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
910 CLOPPER RD, GAITHERSBURG, MD 20878-1361
In care of
% PRESIDENT
Principal officer (990 for 2024)
PAULA ROSS, 910 CLOPPER RD SUITE 205N, GAITHERSBURG, MD 20878
Signed the 990
PAULA ROSS, PRESIDENT & CEO
Phone
(301) 840-1400
Return prepared by
GAITHERSBURG CPAS

Mission

TO SERVE ITS MEMBERS AS THE LEADING ADVOCATE FOR ALL BUSINESSES IN UPPER MONTGOMERY COUNTY, MARYLAND RESULTING IN A BUSIENSS FRIENDLY ENVIRONMENT AND HIGH QUALITY OF LIFE IN THE COMMUNITY

990 for the year ended December 31, 2024

Program accomplishments

  • ACHIEVEMENT OF THE ORGANIZATION'S MISSION STATEMENT - TO SERVE ITS MEMBERS AND ADVOCATE FOR APPROXIMATELY 450 MEMBERS.
    Expenses $446,308 · revenue $478,959

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
52-1077028
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1978
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$290,584
Income (IRS master file)
$478,959

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$478,959$446,308$290,584IRS
990December 2023$398,968$403,574$232,068XML
990December 2022$264,344$385,705$217,397IRS
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 52-1077028).

Questions about GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC

What is the EIN of GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC is 52-1077028.
Is GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1978.
Are donations to GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE 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 GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE 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 GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE 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 GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 names PAULA ROSS.
Who are the officers and directors of GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 lists 27 people; 1 received compensation from the organization, the highest $109,843 (PAULA ROSS, PRESIDENT &).
How much revenue does GAITHERSBURG-GERMANTOWN CHAMBER OF COMMERCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $478,959, expenses of $446,308 and total assets of $290,584 at year end.

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