Fulton County Regional Chamber of Commerce & Industry Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Fulton County Regional Chamber of Commerce & Industry Foundation Inc is a 501(c)(3) organization based in Gloversville, New York, registered in 1993, with $43,069 in FY2024 revenue. CharityIndex grades it C+.
2 N Main St, Gloversville, NY, 12078 EIN 22-3235646 Since 1993
Revenue (FY2024)
$43K
▲ 40.2% vs prior year
Community median: $184K
Expenses (FY2024)
$43K
Net assets
$267K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fulton County Regional Chamber of Commerce & Industry Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating74 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fulton County Regional Chamber of Commerce & Industry Foundation Inc: 74 mo reserves · -1% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fulton County Regional Chamber of Commerce & Industry Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fulton County Regional Chamber of Commerce & Industry Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2 N Main St, Gloversville, NY, 12078
- City
- Gloversville
- State
- New York
- Subcategory
- Economic Development
Financial trends
Revenue declined from $326K (FY2013) to $43K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $80KNet assets $267K
Operating margin
-0.8%
Spent more than it raised in the latest fiscal year.
Total assets
$347K
Total liabilities
$80K
Net assets
$267K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $43,069▲40.2% | $43,408▼59.7% | $266,514▲0.4% | $346,534▼5.4% | 990 |
| 2023 | $30,711▼42.7% | $107,802▲137% | $265,547▼22.5% | $366,367▼18.4% | 990 |
| 2022 | $53,603▲64.6% | $45,565▲55.5% | $342,638▲2.4% | $449,113▲0.2% | 990 |
| 2021 | $32,559▼73.7% | $29,310▼71.7% | $334,600▲1.0% | $448,326▲35.3% | 990 |
| 2020 | $123,628▼12.6% | $103,652▼18.2% | $331,351▼3.1% | $331,351▼6.5% | 990 |
| 2018 | $141,476▲7.9% | $126,787▼6.4% | $341,776▲4.5% | $354,336▼6.5% | 990 |
| 2017 | $131,060▲2.4% | $135,415▲5.8% | $327,088▼1.3% | $379,009▲14.4% | 990 |
| 2016 | $127,974▼13.1% | $128,008▼17.2% | $331,443 | $331,444 | 990 |
| 2015 | $147,243▼32.1% | $154,524▲4.8% | $331,478▼2.1% | $331,478▼2.1% | 990 |
| 2014 | $216,805▼33.4% | $147,488▼56.4% | $338,759▲25.7% | $338,759▲25.7% | 990 |
| 2013 | $325,571 | $338,455▲112% | $269,441▼2.7% | $269,441▼2.7% | 990 |
| 2012 | — | $159,294▲58.9% | $276,786▼1.3% | $276,786▼1.3% | 990 |
| 2011 | — | $100,278▼5.4% | $280,414▲4.1% | $280,414▲4.1% | 990 |
| 2010 | — | $105,993 | $269,290 | $269,290 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Fulton County Regional Chamber of Commerce & Industry Foundation Inc a legitimate nonprofit?
- Yes. Fulton County Regional Chamber of Commerce & Industry Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3235646, based in Gloversville, New York. Donations are tax-deductible.
- What is Fulton County Regional Chamber of Commerce & Industry Foundation Inc's EIN?
- Fulton County Regional Chamber of Commerce & Industry Foundation Inc's Employer Identification Number (EIN) is 22-3235646.
- How much revenue does Fulton County Regional Chamber of Commerce & Industry Foundation Inc report?
- Fulton County Regional Chamber of Commerce & Industry Foundation Inc reported $43,069 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Fulton County Regional Chamber of Commerce & Industry Foundation Inc have?
- CharityIndex grades Fulton County Regional Chamber of Commerce & Industry Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Fulton County Regional Chamber of Commerce & Industry Foundation Inc (EIN 22-3235646) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.