Nonprofit · EIN 59-0504407
CHAMBER OF COMMERCE OF THE PALM BEACHES INC
Tax-exempt · WEST PALM BCH, FL 33401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,460,725 | $1,353,951 | $106,774 | $1,170,737 | $445,669 | $725,068 |
| December 31, 2023 | 990 | $1,239,977 | $1,306,139 | -$66,162 | $1,104,964 | $547,088 | $557,876 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,426,574
- Investment income
- $19,151
- Royalties
- $15,000
- Net gain from sales of assets
- -$5,999
- Other revenue
- $15,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $132,923
- Other salaries and wages
- $295,971
- Salaries, compensation and benefits (total)
- $526,403
- Professional fundraising fees
- $0
- Accounting fees
- $22,800
- Occupancy
- $17,985
- Travel
- $566
- Depreciation
- $19,699
Balance sheet and other
- Total assets, start of year
- $1,104,964
- Total assets, end of year
- $1,170,737
- Total liabilities, end of year
- $445,669
- Net assets, end of year
- $725,068
- Land, buildings and equipment
- $155,182
- Publicly traded securities
- $822,673
- Net assets without donor restrictions
- $541,159
- Net assets with donor restrictions
- $183,909
- Gross unrelated business income
- $13,500
- Gross receipts
- $1,635,849
- Employees
- 13
- Volunteers
- 32
- Year formed
- 1913
- State of legal domicile
- FL
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 | Other / benefits |
|---|---|---|---|---|
| Donald Burgess June 30 2024 | Former President/CEO Trustee or director, Officer | 40 | $55,599 | $9,129 |
| Dennis Grady October 31 2024 | Former Interim President/CEO Officer | 40 | $42,314 | $0 |
| Michael Zeff | President/CEO Trustee or director, Officer | 40 | $25,881 | $0 |
| Alexandria Ayala | Member-Bd. of Dir. Trustee or director, Officer | 2 | $0 | $0 |
| Ali Soule | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Allen Gast | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Andrew Ashby | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Barbara James | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Bill Bone | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Brandon Cabrera | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Chris Inman | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Cody Crowell | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Cynthia McCaulay | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| David Gobeo | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Deborah Johnson | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
23 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Don Kiselewski | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Dr J Duane Meeks | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Dr Debra Schwinn | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Elizabeth Houlihan | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Eileen O'Malley | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Grasford Smith | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| James Johnson | Chair Elect Trustee or director, Officer | 2 | $0 |
| John Bowers | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Katie Block | Member-Bd. of Dir. Trustee or director, Officer | 2 | $0 |
| Ken Tuma | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Kimberly Lea | Past Chair Trustee or director, Officer | 2 | $0 |
| Matt Chait | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Matthew Wallsmith | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Michael Davis | Chair Trustee or director, Officer | 2 | $0 |
| Ned Grace | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Rex Kirby | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Ryan Hobbie | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Sean Denyse | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Sheri Montgomery | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Tara Duhy | General Counsel Trustee or director, Officer | 2 | $0 |
| William Edgar | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| W Dale Kahle | Member-Bd. of Dir. Trustee or director | 2 | $0 |
| Zachary Jacobson | Member-Bd. of Dir. Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 34 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Donald Burgess | President/CEO Trustee or director, Officer | 40 | $91,096 | $24,589 |
| Alexandria Ayala | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Allen Gast | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Amit Rastogi | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Barbara James | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Benjamin Sadler | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Bill Bone | Past Chair Trustee or director, Officer | 2 | $0 | $0 |
| Chris Inman | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Cynthia McCaulay | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| David Gobeo | Member-Bd. of Dir. Trustee or director, Officer | 2 | $0 | $0 |
| Deborah Johnson | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Dr Debra Schwinn | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Holly Griffin Goodman | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| James Johnson | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Jamie Gavigan | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| John Bowers | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Julia Murphy | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Kate Arrizza | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Katie Block | Member-Bd. of Dir. Trustee or director, Officer | 2 | $0 | $0 |
| Ken Kennerly | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Kimberly Lea | Chair-Elect Trustee or director, Officer | 2 | $0 | $0 |
| Kristin Ahr | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Lloyd Hannon | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Matt Chait | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Matthew Hedrick | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Michael Davis | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Patrick Painter | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Peter Cruise | Member-Bd. of Dir. Trustee or director, Officer | 2 | $0 | $0 |
| Robert Castrovinci | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Robert Diffenderfer | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Sheri Montgomery | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Victoria Chouris | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| W Dale Kahle | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
| Ali Soule | Member-Bd. of Dir. Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 401 N FLAGLER DR, WEST PALM BCH, FL 33401-4305
- Principal officer (990 for 2024)
- Michael Zeff, 401 North Flagler Drive, West Palm Beach, FL 33401
- Signed the 990
- Michael Zeff, President/CEO
- Phone
- (561) 833-3711
- Website
- www.palmbeaches.org
- Return prepared by
- Holyfield & Thomas LLC
Mission
The mission of the Chamber of Commerce of the Palm Beaches is to create and promote a favorable business climate in the Palm Beaches. This is accomplished by energetically representing the collective interests of business in the private and (continues on Schedule O) public decision-making process, by disseminating relevant information and other services to the membership and by becoming involved in all aspects of community life that affect the business climate. The mission is financed through fair and equitable membership investments dues, special events, and sales of services.
Program accomplishments
- The Chamber of Commerce publishes various periodicals and other information such as newsletters, county guides and data through various outlets and the internet which are accessible by the general public. The Chamber also manages several county events for its members and the general public such as award dinners and ceremonies.
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
- 59-0504407
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,170,737
- Income (IRS master file)
- $1,635,849
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,460,725 | $1,353,951 | $1,170,737 | XML |
| 990 | December 2023 | $1,239,977 | $1,306,139 | $1,104,964 | XML |
| 990 | December 2022 | $1,135,900 | $1,222,498 | $1,121,938 | 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 59-0504407).
Questions about CHAMBER OF COMMERCE OF THE PALM BEACHES INC
- What is the EIN of CHAMBER OF COMMERCE OF THE PALM BEACHES INC?
- The employer identification number (EIN) of CHAMBER OF COMMERCE OF THE PALM BEACHES INC is 59-0504407.
- Is CHAMBER OF COMMERCE OF THE PALM BEACHES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1974.
- Are donations to CHAMBER OF COMMERCE OF THE PALM BEACHES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CHAMBER OF COMMERCE OF THE PALM BEACHES 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 CHAMBER OF COMMERCE OF THE PALM BEACHES 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 CHAMBER OF COMMERCE OF THE PALM BEACHES 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 CHAMBER OF COMMERCE OF THE PALM BEACHES INC?
- The 990 for the year ended December 31, 2024 names Michael Zeff.
- Who are the officers and directors of CHAMBER OF COMMERCE OF THE PALM BEACHES INC?
- The 990 for the year ended December 31, 2024 lists 38 people; 3 received compensation from the organization, the highest $55,599 (Donald Burgess June 30 2024, Former President/CEO).
- How much revenue does CHAMBER OF COMMERCE OF THE PALM BEACHES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,460,725, expenses of $1,353,951 and total assets of $1,170,737 at year end.
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- PALM BEACH ATLANTIC UNIVERSITY INC EIN 59-1092732 · last filed 990 for 2025
- BETTY WOLD JOHNSON FOUNDATION EIN 83-4428102 · last filed 990-PF for 2024
- MORSELIFE HOME CARE INC EIN 59-2753822 · last filed 990 for 2025
- OCEAN HABITAT AND WILDLIFE RESCUE INC EIN 46-4120554 · last filed 990 for 2025
- ORLANDO REHABILITATION GROUP INC EIN 31-1637590 · last filed 990 for 2025
- EMERGENCY ASSISTANCE FOUNDATION INC EIN 45-1813056 · last filed 990 for 2025
- FOUNDCARE INC EIN 54-2083748 · last filed 990 for 2024