NORTH CENTRAL CHAMBER OF COMMERCE: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: NORTH CENTRAL CHAMBER OF COMMERCE (EIN 05-0405839)
Tax period: 2011-04-01 to 2012-03-31
Filed: 2012-08-14
IRS object ID: 201202279349303175
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-14T13:03:43-07:00	Timestamp
Tax Period End Date	2012-03-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ACETO & ASSOCIATES INC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1815 MINERAL SPRING AVENUE	AddressLine1
City	NORTH PROVIDENCE	City
State	RI	State
ZIP Code	02904	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-04-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	050405839	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	NORTH CENTRAL CHAMBER OF COMMERCE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	NORT	NameControl
Phone	4013494674	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	255 GREENVILLE AVE	AddressLine1
City	JOHNSTON	City
State	RI	State
ZIP Code	02919	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DEBORAH RAMOS	Name
Title	PRESIDENT	Title
Phone	4013494674	Phone
Date Signed	2012-06-20	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ANTHONY PANDOZZI CPA	Name
Phone	4013837800	Phone
Date Prepared	2012-08-14	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	DEBORAH RAMOS	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	255 GREENVILLE AVE	AddressLine1
City	JOHNSTON	City
State	RI	State
ZIP Code	02919	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	119190	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.NCRICHAMBER.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1982	YearFormation
State Legal Domicile	RI	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE FACILITY THROUGH WHICH MEMBERS ADVOCATE AND SUPPORT COMMUNITY AND BUSINESS CONCERNS AND TO SUPPORT COMMUNITY ACTIVITIES AND BUSINESS PROGRAMS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	20	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	20	NbrIndependentVotingMembers
Total Nbr Employees	3	TotalNbrEmployees
Total Nbr Volunteers	60	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	92781	ContributionsGrantsPriorYear
Contributions Grants Current Year	93513	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	27957	ProgramServiceRevenuePriorYear
Program Service Revenue CY	24714	ProgramServiceRevenueCY
Investment Income Prior Year	55	InvestmentIncomePriorYear
Investment Income Current Year	21	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1139	OtherRevenuePriorYear
Other Revenue Current Year	942	OtherRevenueCurrentYear
Total Revenue Prior Year	121932	TotalRevenuePriorYear
Total Revenue Current Year	119190	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	1000	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	3000	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	51306	SalariesEtcPriorYear
Salaries Etc Current Year	58135	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	12113	TotalFundrsngExpCurrentYear
Other Expense Prior Year	62611	OtherExpensePriorYear
Other Expenses Current Year	55252	OtherExpensesCurrentYear
Total Expenses Prior Year	114917	TotalExpensesPriorYear
Total Expenses Current Year	116387	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	7015	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2803	RevenuesLessExpensesCY
Total Assets BOY	51825	TotalAssetsBOY
Total Assets EOY	55260	TotalAssetsEOY
Total Liabilities BOY	40	TotalLiabilitiesBOY
Total Liabilities EOY	672	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	51785	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	54588	NetAssetsOrFundBalancesEOY
Mission Description	TO PROVIDE FACILITY THROUGH	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	3000	Expense
Revenue	3488	Revenue
Description	SCHOLARSHIPS	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	3143	Expense
Revenue	5850	Revenue
Description	AWARDS DINNER	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	3517	Expense
Revenue	4506	Revenue
Description	BBB COUNCIL	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	9660	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	true	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	3	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	20	NbrVotingGoverningBodyMembers
Number Independent Voting Members	20	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	RI	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	BENJAMIN ACETO	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	4013837800	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1815 MINERAL SPRING AVE	AddressLine1
City	NORTH PROVIDENCE	City
State	RI	State
ZIP Code	02904	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (22 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	Reportable Comp From OrganizationReportableCompFromOrganization
RANDY RAUSO
CHAIRMAN	10.00	X	X
TONY SPREMULLI
1ST VICE CHAIR	6.00	X	X
JENIFER GIROUX
2ND VICE CHAIR	2.00	X	X
DONNA SEBASTIANELLI
SECRETARY	2.00	X	X
ROBERT VILLUCCI
TREASURER(INTERIM)	2.00	X	X
RICHARD IANNITELLI
IMMEDIATE PAST CHAIR	2.00	X	X
JOSEPH TOPPI
MEMBER-AT-LARGE	2.00	X	X
BENJAMIN ACETO
DIRECTOR	1.00	X
JOSEPH BRITO
DIRECTOR	1.00	X
SUSAN BUCCI
DIRECTOR	1.00	X
ANN-MARY CURRIER
DIRECTOR	1.00	X
GINA FUGERE
DIRECTOR	1.00	X
HENRY GONSALVES
DIRECTOR	1.00	X
BRANDON KLAR
DIRECTOR	1.00	X
FRANK J MANNI
DIRECTOR	1	X
KIMBERLY MOORE
DIRECTOR	1	X
ELISA POLLARD
DIRECTOR	1	X
DOROTHY SWAIN
DIRECTOR	1	X
ANTHONY URSILLO
DIRECTOR	1	X
LARRY SASSO JR
DIRECTOR	1	X
DEBORAH J RAMOS
PRESIDENT	40			X	X	28175
SHIRLEY MANCINI
EMPLOYEE	20			X		9757

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	37932	TotalReportableCompFromOrg
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Membership Dues	53745	MembershipDues
Fundraising Events	39768	FundraisingEvents
Total Contributions	93513	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn
PREMIER SPONSORSHIPS	900099	7500
AWARDS DINNER	900099	5850
BBB COUNCILS	900099	4506
SCHOLARSHIP FUND	900099	3488
BULK MAILINGS	900099	3370

Field	Value	IRS element (for citing)
Total Program Service Revenue	24714	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	21	TotalRevenueColumn

Field	Value	IRS element (for citing)
Cntrbtns Rprtd Fundraising Events	39768	CntrbtnsRprtdFundraisingEvents

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
MISCELLANEOUS	900099	659	659
HEALTH CARE ADMIN FEES	900099	283	283

Field	Value	IRS element (for citing)
Total Other Revenue	942	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	119190	TotalRevenueColumn
Related Or Exempt Function Income	25677	RelatedOrExemptFunctionIncome

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	3000	Total
Program Services	3000	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	38058	Total
Management And General	38058	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	8112	Total
Management And General	8112	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	720	Total
Management And General	720	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	7549	Total
Management And General	7549	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	3696	Total
Management And General	3696	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	2480	Total
Management And General	2480	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1189	Total
Management And General	1189	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	5537	Total
Management And General	5537	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	3216	Total
Management And General	3216	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	11700	Total
Management And General	11700	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	908	Total
Management And General	908	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	406	Total
Management And General	406	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1303	Total
Management And General	1303	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2397	Total
Management And General	2397	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	FundraisingFundraising	Program ServicesProgramServices
APPLE FESTIVALS	4514	4514
AWARDS	3143		3143
GOLF TOURNAMENT	7599	7599
BBB COUNCIL	3517		3517

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	7343	Total
Management And General	7343	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	116387	Total
Program Services	9660	ProgramServices
Management And General	94614	ManagementAndGeneral
Fundraising	12113	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	24286	BOY
EOY	29161	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	22680	BOY
EOY	23181	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	887	BOY
EOY	250	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	19593	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	16925	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	3972	BOY
EOY	2668	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	51825	BOY
EOY	55260	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	40	BOY
EOY	672	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	40	BOY
EOY	672	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	51785	BOY
EOY	54588	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	51785	BOY
EOY	54588	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	51825	BOY
EOY	55260	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	2803	ReconcilationRevenueExpenses
Method Of Accounting Cash	X	MethodOfAccountingCash
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	19593	InvestmentCostOrOtherBasis
Depreciation	16925	Depreciation
Book Value	2668	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	2668	TotalOfBookValueLandBuildings

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	ACETO & ASSOCIATES INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Relationship	DIRECTOR	Relationship
Amount Of Transaction	1980	AmountOfTransaction
Description Of Transaction	ACCOUNTING SERVICES	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	ExplanationExplanation
Pt VI, Line 11a	PREPARER PROVIDED COPY OF 990 TO EXECUTIVE BOARD PRIOR TO FILING
Pt VI, Line 15	COMPENSATION OF EMPLOYEES APPROVED BY EXECUTIVE BOARD
Pt VI, Line 19	ALL GOVERNING DOCUMENTS HELD AT CHAMBER LOCATION AND AVAILABLE
	TO PUBLIC FOR INSPECTION
Form 990, Part IX, Line 24f	COMMUNITY EXPO 2. 2. CREDIT CARD FEES 1505. 1505. DUES & SUBSCRIPTIONS 1464. 1464. EDUCATIONAL SEMINARS 160. 160. WEBSITE 1346. 1346. TELEPHONE 1542. 1542. POSTAGE 1324. 1324.