NonprofitsMassachusetts Lgbt Chamber Of Commerce Inc

Community Improvement & Capacity Building

Massachusetts Lgbt Chamber Of Commerce Inc

BOSTON, MA

Total revenue

$1.6M

Total expenses

$1.5M

Net assets

$252K

Grants received

$1.2M

11 grants

EIN

823342211

Tax year

2024

Mission

To create a fully inclusive state by promoting growth opportunities for lgbtowned and allied businesses organizations and individuals

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue$439K
Investment income
Other revenue
Total revenue$1.6M

Expenses

Grants paid
Salaries & benefits$915K
Fundraising$3K
Other expenses$597K
Total expenses$1.5M
Total assets$288K
Net assets$252K

People

10 listed

NameRoleCompensation

JAMES LOPATA

PRESIDENT

Board

3 hrs/wk

NANCY STAGER

TREASURER

Board

3 hrs/wk

SUSU WONG

CLERK

Board

3 hrs/wk

ELIZABETH ROBERTS

DIRECTOR

Board

3 hrs/wk

BENJAMIN PERKINS

DIRECTOR

Board

3 hrs/wk

KEITH WANG

DIRECTOR

Board

3 hrs/wk

STEPHEN CHAN

DIRECTOR

Board

3 hrs/wk

ELLA SAMSON

DIRECTOR

Board

3 hrs/wk

RONALD MOLINA-BRANTLEY

DIRECTOR

Board

3 hrs/wk

GRACE MORENO

EXECUTIVE DIRECTOR

Staff

3 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$457K
PERSONNEL EXPENSES
2023
$10K
Charitable Contribution
2023
$8K
TO SUPPORT LGBT-OWNED RESTAURANTS AND LGBT AFFILIATE CHAMBERS
2023
$295K
PERSONNEL EXPENSES
2022
$295K
PERSONNEL EXPENSES
2022
$10K
Charitable Contribution
2022
$10K
Charitable Contribution
2021
$15K
LGBT BUSINESS ADVOCACY AND SERVICES
2020
$10K
Charitable Contribution
2020
$15K
COMMUNITY BENEFIT PROGRAM
2019

Funded by

$1.2M from 6 funders · 11 grants · 2019–2024

Massachusetts Lgbt Business Network Inc

$1.0M · 3 grants · 2022–2023

The Hanover Insurance Group Foundation Inc

$40K · 4 grants · 2020–2023

Mass General Brigham Incorporated

$15K · 1 grant · 2019

National Gay & Lesbian Chamber Of

$8K · 1 grant · 2023

Details

EIN823342211
NTEE codeS41
Subsection06
Ruling date2019-10
Formed2017
Employees5
MASSACHUSETTS LGBT CHAMBER OF COMMERCE INC — Mission, Financials & Grants Received | Grantivo