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EIN 82-3962027

Chelsea Business Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Chelsea
State
Massachusetts
Year formed
2018
Most recent tax filings
2021-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
The Chelsea Business Foundation supports economic development by assisting entrepreneurs and small business owners with tools and resources to be successful, such as one-on-one technical assistance, bilingual workshops, training programs, and networking opportunities. The organization offers small business workshops and assistance, training and educational programs, as well as one-on-one support and referral services.
Also known as...
Chelsea Chamber of Commerce Charitable Foundation
Total revenues
$438,229
2021
Total expenses
$463,207
2021
Total assets
$254,464
2021
Num. employees
1
2021

Program areas at Chelsea Business Foundation

Samll business workshops and assistance, training and educational programs and one-on-one business owners and referral support.

Who funds Chelsea Business Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Boston Foundation (TBF)Economic Development$50,000

Personnel at Chelsea Business Foundation

NameTitleCompensation
Carlos MatosExecutive Director$88,120
Deise ParaguayManager$59,800
Sergio JaramilloPresident$0

Financials for Chelsea Business Foundation

RevenuesFYE 12/2021
Total grants, contributions, etc.$65,000
Program services$373,222
Investment income and dividends$7
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$438,229

Form 990s for Chelsea Business Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-02990View PDF
2019-122021-06-02990EZView PDF
Data update history
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Updated personnel
Identified 1 new personnel
June 25, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from The Boston Foundation (TBF)
June 3, 2023
Updated personnel
Identified 7 new personnel
May 20, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
EducationBusiness and industry
Characteristics
State / local levelTax deductible donations
General information
Address
PO Box 505600
Chelsea, MA 02150
Metro area
Boston-Cambridge-Newton, MA-NH
Website URL
chelseabusinessfoundation.org/ 
Phone
(617) 946-6098
IRS details
EIN
82-3962027
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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