The Madison Chamber Of Commerce in Madison, Connecticut (CT)

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The Madison Chamber Of Commerce
Employer Identification Number (EIN)222536920
Name of OrganizationThe Madison Chamber Of Commerce
In Care of NameCommerce
AddressPO BOX 70536920, Madison, CT 06443
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionBoard of Trade
Ruling Date10/1984
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$166,127
Amount of Income$132,793
Form 990 Revenue Amount$132,793
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2014: $132,793 (it was $131,338 in 2013)
This organization: 

 $132,793
Other organizations performing similar types of work: 

 $180,052

Assets in 2014: $166,127 (it was $147,104 in 2013)
The Madison Chamber Of Commerce: 

 $166,127
Other organizations performing similar types of work: 

 $162,128

Expenses in 2014: $120,603
This organization: 

 $120,603
Other organizations performing similar types of work: 

 $157,385

Income to expenses ratio in 2014: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2014: 0.0%
The Madison Chamber Of Commerce: 

 0.0%
Other organizations performing similar types of work: 

 5.2%

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$131,990$131,338$132,793
Contributions, gifts, grants, and similar amounts received$0$7,500$0
Program service revenue including government fees and contracts$75,017$66,864$74,760
Membership dues and assessments$46,842$48,360$51,894
Investment income$1,664$2,116$3,228
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$8,467$6,498$2,911
Total expenses$115,807$121,455$120,603
Total net assets$133,103$147,104$166,127
Excess/Deficit for the year$16,183$9,883$12,190
Net assets or fund balances at beginning of year$118,488$133,103$147,104
Other changes in net assets or fund balances$-1,568$4,118$6,833
Net assets or fund balances at end of year$147,104$166,127
Balance Sheets
201220132014
Total assets$133,103$147,104$166,127
Total liabilities$0$0$0
Net assets or fund balances$133,103$147,104$166,127
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Greater Norwalk Chamber Of Commerce Inc101 East Ave, Norwalk, CT 06851-5001CT1943-06$746,242
2Toy Industry Foundation1115 Broadway Ste 400, New York, NY 10010-3466NY1964-05$20,101,942
3Salesmanship Club Of Dallas106 East 10th Street Suite 200, Dallas, TX 75203-2236TX1932-09$11,816,023
4Turnover Shop Of Wilton Inc16 Downe Ln, Wilton, CT 06897-4635CT1992-01$441,639
5Connecticut Masonry Industry Advancement Fund Inc33 Hartford Ave Suite 203, Granby, CT 06035-2309CT1984-08$187,493
6Fairfield Chamber Of Commerce Inc1597 Post Rd, Fairfield, CT 06824-5910CT1976-05$158,067
7Connecticut State Dental Foundation Inc835 W Queen St, Southington, CT 06489-1032CT1991-09$148,450
8The Madison Chamber Of CommercePO BOX 70536920, Madison, CT 06443CT1984-10$132,793
9Meals-On-Wheels Of New Canaan IncPO BOX 231, New Canaan, CT 06840-0231CT1990-10$124,340
10Charles D Smith Jr Foundation755 Central Ave, Bridgeport, CT 06607-1706CT1990-03$90,545
11Connecticut Lodging Association Inc195 Church Street 14th Floor, New Haven, CT 06510-2009CT1974-03$82,869
12Ledyard Fire Co Dist 1Po Box 47, Ledyard, CT 06339CT1991-09$30,936
13American Backflow Prevention Association, New England Chapter140 Taintor Hill Rd, Colchester, CT 06415-1521CT1986-11$0
14Colchester Business Association IncPo Box 453, Colchester, CT 06415CT1992-11$0
15Darien Environmental Group IncPo Box 1681, Darien, CT 06820CT1991-06$0
16Greater Waterbury Arts Resource Council Inc83 Bank St, Waterbury, CT 06702-2205CT1992-01$0
17N C A Of Connecticut Inc107 New Haven Ave, Waterbury, CT 06708-4530CT1966-09$0
18New Innovation IncPO BOX 7592, Bloomfield, CT 06002-7592CT1997-11$0
19Stadley Rough Parent-Teachers Organization25 Karen Road, Danbury, CT 06811CT1992-03$0
20Windsor Locks Scout Foundation Inc7 Middle Drive, Windsor Locks, CT 06096-1317CT1991-09$0
Number of organizations performing similar types of work
Alaska2
Alabama5
Arkansas6
Arizona5
California55
Colorado7
Connecticut18
District of Columbia12
Delaware2
Florida24
Georgia18
Hawaii1
Iowa11
Idaho2
Illinois27
Indiana11
Kansas8
Kentucky4
Louisiana4
Massachusetts25
Maryland15
Maine10
Michigan12
Minnesota16
Missouri22
Mississippi8
Montana3
North Carolina22
North Dakota2
Nebraska4
New Hampshire3
New Jersey20
New Mexico2
Nevada2
New York74
Ohio19
Oklahoma9
Oregon4
Pennsylvania15
Rhode Island7
South Carolina6
South Dakota2
Tennessee9
Texas32
Utah3
Virginia22
Vermont3
Washington6
Wisconsin22
West Virginia1
Wyoming1
International1
Total624

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