Public Charity

MASSACHUSETTS LGBT CHAMBER OF COMMERCE

Based in Boston, MA, MASSACHUSETTS LGBT CHAMBER OF COMMERCE operates as a Public Charity. The organization reported $1.6M in revenue, $1.5M in expenses, $288K in total assets for fiscal year 2024. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $1.1M.

EIN: 823342211 Boston, MA Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2024
Total Revenue$1.6M
Total Expenses$1.5M
Total Assets$288K
Grant Records7
Funding Total$1.1M
Filing Years2020–2024

Mission

TO CREATE A FULLY INCLUSIVE STATE BY PROMOTING GROWTH & OPPORTUNITIES FOR LGBT-OWNED AND ALLIED BUSINESSES, ORGANIZATIONS, AND INDIVIDUALS.

Where $100 goes at Massachusetts Lgbt Chamber of Commerce

How Massachusetts Lgbt Chamber of Commerce divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$97
To create a fully inclusive state by promoting growth & opportunities for lgbt-owned and allied businesses, organizations, and individuals
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$35,000
2023
PERSONNEL EXPENSES
$457,499
2023
TO SUPPORT LGBT-OWNED RESTAURANTS AND LGBT AFFILIATE CHAMBERS
$7,500
2022
PERSONNEL EXPENSES
$295,000
2022
PERSONNEL EXPENSES
$295,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

DIRECTOR Benjamin Perkins
DIRECTOR Elizabeth Roberts
DIRECTOR Ella Samson
EXECUTIVE DIRECTOR Grace Moreno
PRESIDENT James Lopata
DIRECTOR Keith Wang

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$15,000 1 grant
General Support
$15,000 1 grant
Civil Rights & Social Justice
$7,500 1 grant
Unspecified
$1,082,499 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.6M $1.5M $288K
2023 $1.9M $1.9M $259K
2022 $1.6M $1.8M $226K
2021 $1.1M $633K $469K
2020 $331K $530K $68K

Between 2020 and 2024, reported annual revenue grew from $331K to $1.6M (+391%), with total assets most recently reported at $288K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MASSACHUSETTS LGBT CHAMBER OF COMMERCE

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