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Employer Identification Number 06-0861879

Mystic Chamber of Commerce Inc is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:Mystic Chamber of Commerce Inc
Employer identification number (EIN):06-0861879
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE ORGANIZATION'S MISSION IS TO FOSTER AND PROMOTE BUSINESS FOR MEMBERS AND TO PLAY AN ACTIVE ROLE IN THE COMMUNITY, BRINGING TOGETHER THE TOWNS OF STONINGTON AND GROTON, CONNECTICUT, AND TO ADDRESS CONCERNS OF THE MYSTIC BUSINESS COMMUNITY.
Number of Employees10
Number of Volunteers5
Year Formed1937

Organization Governance

Legal DomicileCT
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 262,464
Investment Income from prior yearUSD $ 9
Investment Income from current yearUSD $ 32
Other Revenue from prior yearUSD $ 11,546
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 676,826
Net assets / fund balances at end of fiscal yearUSD $ 223,379
Net assets / fund balances at beginning of fiscal yearUSD $ 201,540
Total liabilities at end of fiscal yearUSD $ 1,847
Total liabilities at beginning of fiscal yearUSD $ 42,088
Total assets at end of fiscal yearUSD $ 225,226
Total assets at beginning of fiscal yearUSD $ 243,628
Revenues less expenses for current yearUSD $ 35,172
Revenues less expenses for previous yearUSD $ 109,693
Total expenses for current yearUSD $ 641,654
Total expenses for previous yearUSD $ 264,534
Other expenses in current yearUSD $ 421,061
Other expenses in previous yearUSD $ 116,483
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 220,593
Employee salary and benefits paid in previous yearUSD $ 148,051
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 676,826
Total revenue in previous fiscal yearUSD $ 374,227
Contributions and grants from current yearUSD $ 414,330
Contributions and grants from previous yearUSD $ 362,672
Revenue from membership duesUSD $ 382,304
2021-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 2
Investment Income from current yearUSD $ 9
Other Revenue from prior yearUSD $ 34,504
Other Revenue from current yearUSD $ 11,546
Gross receipts from all sourcesUSD $ 461,174
Net assets / fund balances at end of fiscal yearUSD $ 201,540
Net assets / fund balances at beginning of fiscal yearUSD $ 91,847
Total liabilities at end of fiscal yearUSD $ 42,088
Total liabilities at beginning of fiscal yearUSD $ 53,042
Total assets at end of fiscal yearUSD $ 243,628
Total assets at beginning of fiscal yearUSD $ 144,889
Revenues less expenses for current yearUSD $ 109,693
Revenues less expenses for previous yearUSD $ 95,216
Total expenses for current yearUSD $ 264,534
Total expenses for previous yearUSD $ 159,396
Other expenses in current yearUSD $ 116,483
Other expenses in previous yearUSD $ 59,789
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 148,051
Employee salary and benefits paid in previous yearUSD $ 99,607
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 374,227
Total revenue in previous fiscal yearUSD $ 254,612
Contributions and grants from current yearUSD $ 362,672
Contributions and grants from previous yearUSD $ 220,106
Gross income from fundraising eventsUSD $ 98,493
Revenue from membership duesUSD $ 296,625
2020-12-31
Total unrelated business incomeUSD $ 617
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 12
Investment Income from current yearUSD $ 2
Other Revenue from prior yearUSD $ 9,772
Other Revenue from current yearUSD $ 34,504
Gross receipts from all sourcesUSD $ 280,280
Net assets / fund balances at end of fiscal yearUSD $ 91,847
Net assets / fund balances at beginning of fiscal yearUSD $ -3,369
Total liabilities at end of fiscal yearUSD $ 53,042
Total liabilities at beginning of fiscal yearUSD $ 81,881
Total assets at end of fiscal yearUSD $ 144,889
Total assets at beginning of fiscal yearUSD $ 78,512
Revenues less expenses for current yearUSD $ 95,216
Revenues less expenses for previous yearUSD $ 9,592
Total expenses for current yearUSD $ 159,396
Total expenses for previous yearUSD $ 265,013
Other expenses in current yearUSD $ 59,789
Other expenses in previous yearUSD $ 74,761
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 99,607
Employee salary and benefits paid in previous yearUSD $ 190,252
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 254,612
Total revenue in previous fiscal yearUSD $ 274,605
Contributions and grants from current yearUSD $ 220,106
Contributions and grants from previous yearUSD $ 264,821
Gross income from fundraising eventsUSD $ 59,555
Revenue from membership duesUSD $ 195,062
Total of other revenueUSD $ 617
2018-12-31
Total unrelated business incomeUSD $ 7,220
Program Service Revenue from prior yearUSD $ 24,829
Program Service Revenue from current yearUSD $ 15,066
Investment Income from prior yearUSD $ 2
Investment Income from current yearUSD $ 13
Other Revenue from prior yearUSD $ 55,200
Other Revenue from current yearUSD $ 100,941
Gross receipts from all sourcesUSD $ 356,420
Net assets / fund balances at end of fiscal yearUSD $ -25,991
Net assets / fund balances at beginning of fiscal yearUSD $ -993
Total liabilities at end of fiscal yearUSD $ 111,563
Total liabilities at beginning of fiscal yearUSD $ 94,471
Total assets at end of fiscal yearUSD $ 85,572
Total assets at beginning of fiscal yearUSD $ 93,478
Revenues less expenses for current yearUSD $ -24,998
Revenues less expenses for previous yearUSD $ 7,680
Total expenses for current yearUSD $ 333,331
Total expenses for previous yearUSD $ 262,090
Other expenses in current yearUSD $ 146,946
Other expenses in previous yearUSD $ 86,368
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 186,385
Employee salary and benefits paid in previous yearUSD $ 175,722
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 308,333
Total revenue in previous fiscal yearUSD $ 269,770
Contributions and grants from current yearUSD $ 192,313
Contributions and grants from previous yearUSD $ 189,739
Gross income from fundraising eventsUSD $ 139,278
Cost of goods soldUSD $ 2,530
Revenue from membership duesUSD $ 129,851
Gross sales of inventory assetsUSD $ 9,750
2017-12-31
Total unrelated business incomeUSD $ 3,149
Net unrelated business incomeUSD $ -538
Program Service Revenue from prior yearUSD $ 49,712
Program Service Revenue from current yearUSD $ 24,829
Investment Income from prior yearUSD $ 9
Investment Income from current yearUSD $ 2
Other Revenue from prior yearUSD $ 5,452
Other Revenue from current yearUSD $ 55,200
Gross receipts from all sourcesUSD $ 337,944
Net assets / fund balances at end of fiscal yearUSD $ -993
Net assets / fund balances at beginning of fiscal yearUSD $ -8,673
Total liabilities at end of fiscal yearUSD $ 94,471
Total liabilities at beginning of fiscal yearUSD $ 62,576
Total assets at end of fiscal yearUSD $ 93,478
Total assets at beginning of fiscal yearUSD $ 53,903
Revenues less expenses for current yearUSD $ 7,680
Revenues less expenses for previous yearUSD $ 35,100
Total expenses for current yearUSD $ 262,090
Total expenses for previous yearUSD $ 277,047
Other expenses in current yearUSD $ 86,368
Other expenses in previous yearUSD $ 129,589
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 175,722
Employee salary and benefits paid in previous yearUSD $ 147,458
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 269,770
Total revenue in previous fiscal yearUSD $ 312,147
Contributions and grants from current yearUSD $ 189,739
Contributions and grants from previous yearUSD $ 256,974
Gross income from fundraising eventsUSD $ 115,614
Cost of goods soldUSD $ 4,611
Revenue from membership duesUSD $ 128,065
Gross sales of inventory assetsUSD $ 7,760
2016-12-31
Total unrelated business incomeUSD $ 8,220
Net unrelated business incomeUSD $ -1,952
Program Service Revenue from prior yearUSD $ 186,658
Program Service Revenue from current yearUSD $ 49,712
Investment Income from prior yearUSD $ 5
Investment Income from current yearUSD $ 9
Other Revenue from prior yearUSD $ 2,958
Other Revenue from current yearUSD $ 5,452
Gross receipts from all sourcesUSD $ 369,083
Net assets / fund balances at end of fiscal yearUSD $ -8,673
Net assets / fund balances at beginning of fiscal yearUSD $ -43,773
Total liabilities at end of fiscal yearUSD $ 62,576
Total liabilities at beginning of fiscal yearUSD $ 88,882
Total assets at end of fiscal yearUSD $ 53,903
Total assets at beginning of fiscal yearUSD $ 45,109
Revenues less expenses for current yearUSD $ 35,100
Revenues less expenses for previous yearUSD $ -10,274
Total expenses for current yearUSD $ 277,047
Total expenses for previous yearUSD $ 370,464
Other expenses in current yearUSD $ 129,589
Other expenses in previous yearUSD $ 194,261
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 147,458
Employee salary and benefits paid in previous yearUSD $ 176,203
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 312,147
Total revenue in previous fiscal yearUSD $ 360,190
Contributions and grants from current yearUSD $ 256,974
Contributions and grants from previous yearUSD $ 170,569
Gross income from fundraising eventsUSD $ 50,138
Cost of goods soldUSD $ 4,030
Revenue from membership duesUSD $ 149,588
Gross sales of inventory assetsUSD $ 12,250
2015-12-31
Total unrelated business incomeUSD $ 2,958
Net unrelated business incomeUSD $ -2,952
Program Service Revenue from prior yearUSD $ 182,997
Program Service Revenue from current yearUSD $ 186,658
Investment Income from prior yearUSD $ 10
Investment Income from current yearUSD $ 5
Other Revenue from prior yearUSD $ 2,322
Other Revenue from current yearUSD $ 2,958
Gross receipts from all sourcesUSD $ 368,045
Net assets / fund balances at end of fiscal yearUSD $ -43,773
Net assets / fund balances at beginning of fiscal yearUSD $ -33,499
Total liabilities at end of fiscal yearUSD $ 88,882
Total liabilities at beginning of fiscal yearUSD $ 97,286
Total assets at end of fiscal yearUSD $ 45,109
Total assets at beginning of fiscal yearUSD $ 63,787
Revenues less expenses for current yearUSD $ -10,274
Revenues less expenses for previous yearUSD $ -28,223
Total expenses for current yearUSD $ 370,464
Total expenses for previous yearUSD $ 396,516
Other expenses in current yearUSD $ 194,261
Other expenses in previous yearUSD $ 196,690
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 176,203
Employee salary and benefits paid in previous yearUSD $ 199,826
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 360,190
Total revenue in previous fiscal yearUSD $ 368,293
Contributions and grants from current yearUSD $ 170,569
Contributions and grants from previous yearUSD $ 182,964
Cost of goods soldUSD $ 7,855
Revenue from membership duesUSD $ 134,398
Gross sales of inventory assetsUSD $ 10,813
2014-12-31
Total unrelated business incomeUSD $ 2,322
Net unrelated business incomeUSD $ -4,446
Program Service Revenue from prior yearUSD $ 235,145
Program Service Revenue from current yearUSD $ 182,997
Investment Income from prior yearUSD $ -10
Investment Income from current yearUSD $ 10
Other Revenue from prior yearUSD $ 17,217
Other Revenue from current yearUSD $ 2,322
Gross receipts from all sourcesUSD $ 378,016
Net assets / fund balances at end of fiscal yearUSD $ -33,499
Net assets / fund balances at beginning of fiscal yearUSD $ -5,106
Total liabilities at end of fiscal yearUSD $ 97,286
Total liabilities at beginning of fiscal yearUSD $ 70,753
Total assets at end of fiscal yearUSD $ 63,787
Total assets at beginning of fiscal yearUSD $ 65,647
Revenues less expenses for current yearUSD $ -28,223
Revenues less expenses for previous yearUSD $ -5,466
Total expenses for current yearUSD $ 396,516
Total expenses for previous yearUSD $ 462,103
Other expenses in current yearUSD $ 196,690
Other expenses in previous yearUSD $ 254,589
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 199,826
Employee salary and benefits paid in previous yearUSD $ 207,514
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 368,293
Total revenue in previous fiscal yearUSD $ 456,637
Contributions and grants from current yearUSD $ 182,964
Contributions and grants from previous yearUSD $ 204,285
Cost of goods soldUSD $ 9,723
Revenue from membership duesUSD $ 140,345
Gross sales of inventory assetsUSD $ 12,045

Other Company Names associated with EIN

MYSTIC CHAMBER OF COMMERCE

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 060861879

USA Mailing Address
2 Roosevelt Avenue
Mystic
CT
06355
Date first seen: 2007-01-01
Date last seen: 2024-09-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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