Program areas at Massachusetts LGBT Chamber of Commerce
The organization promoted economic growth and opportunities through membership services, education, public awareness, networking and public policy through the following activities: - annual founding member meeting: roundtable discussion and workshop lead by our partners from babson business college with our founding small business members to discuss the diverse needs of their businesses. At this meeting we discussed the core ideas for our value proposition for small businesses. Jennifer bethel, professor of finance at babson college, ran a successful case study to better educate our founding small businesses about best and next business practices when it comes to diversity and inclusion. (continued on schedule o)(continued from 990 page 2, line 4a) - equality and equity: advancing the LGBT community in Massachusetts: board member karen young participated in a panel hosted by the boston foundation to discuss the economic and social status of the LGBT community of Massachusetts. The panel was part of a larger event centered around the release of the boston foundation's "state of the LGBT community in ma" report. Karen took part in the panel examining the report's findings regarding topics such as discrimination against the transgender community and the lack of support systems for elderly LGBT people. - working #outhere panel: grace moreno was a panelist on the working #outhere panel, hosted by out in tech and liberty mutual. The panel brought together notable LGBT professionals and allies and focused on notions of self-identity and being openly LGBT in the workplace. Grace participated as an out-and-proud executive and representative of the ma LGBT Chamber. - corporate roundtable: hosted at 50 milk street, this roundtable focused on and accomplished the following goals. Identifying, engaging with, and communicating the needs of lgbt-owned and allied businesses. Advancing corporate supplier management practices to better include lgbt-owned businesses. And lastly, collectively sharing best practices and establishing practical practices - like job boards - that will enable corporations to deliver their commitment to hiring LGBT talent. - the ma LGBT Chamber of Commerce - public launch: publicly announced the launch of the ma LGBT Chamber of Commerce at the federal reserve bank. This program garnered public and media attention to our organization, and we highlighted the civic importance of diversity and inclusion with a speech from mayor of holyoke, alex b. morse. We also provided a networking opportunity for small LGBT and ally-owned businesses to meet with our founding corporate partners and sponsors. - inner city capital connections conference: three member businesses and the executive director of the malgbtcc participated in the icic cohort of 2022, gaining appreciation and knowledge of the program. The small businesses were able to gain the skills to strengthen their companies and the Chamber found additional ways to partner with the organization.
Who funds Massachusetts LGBT Chamber of Commerce
Grants from foundations and other nonprofits
Personnel at Massachusetts LGBT Chamber of Commerce
Name | Title | Compensation | Date of data |
---|
Grace Moreno | Executive Director | $229,519 | 2023-11-14 |
James Lopata | President | $0 | 2022-12-31 |
Nancy Stager | Treasurer | $0 | 2022-12-31 |
Karen Young | Clerk | $0 | 2019-12-31 |
Financials for Massachusetts LGBT Chamber of Commerce
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $1,109,500 | $369,500 | 200.3% |
Program services | $460,850 | $636,767 | -27.6% |
Investment income and dividends | $0 | $0 | - |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $55,252 | $95,000 | -41.8% |
Total revenues | $1,625,602 | $1,101,267 | 47.6% |
Organizations like Massachusetts LGBT Chamber of Commerce
Organization | Type | Location | Revenue |
---|
Greater Seattle Business Association (GSBA) | 501(c)(6) | Seattle, WA | $2,433,405 |
Austin Gay and Lesbian Chamber of Commerce | 501(c)(6) | Austin, TX | $547,225 |
Greater Stockton Chamber of Commerce | 501(c)(6) | Stockton, CA | $1,090,122 |
Salt Lake Area Chamber of Commerce | 501(c)(6) | Salt Lake City, UT | $4,627,274 |
El Paso Chamber of Commerce | 501(c)(6) | El Paso, TX | $1,726,457 |
Wheeling Area Chamber of Commerce | 501(c)(6) | Wheeling, WV | $480,934 |
ChamberRVA | 501(c)(6) | Richmond, VA | $3,305,735 |
Dubuque Area Chamber of Commerce | 501(c)(6) | Dubuque, IA | $1,034,896 |
Colorado Springs Regional Business Alliance | 501(c)(6) | Colorado Springs, CO | $4,739,984 |
Morris County Chamber of Commerce | 501(c)(6) | Florham Park, NJ | $2,020,429 |
Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Updated personnel
Identified 1 new personnel
June 10, 2023
Received grants
Nonprofit Types
Trade associationsChambers of commerceBusiness and community development organizations
Issues
LGBTQBusiness and industry
Characteristics
MembershipsPolitical advocacyState / local levelReceives government funding
General information
- Address
- 50 Milk St
- Boston, MA 02109
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Suffolk County, MA
- Website URL
- malgbtcc.org/Â
- Phone
- (857) 529-8010
IRS details
- EIN
- 82-3342211
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2017
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S41: Promotion of Business
- NAICS code, primary
- 813910: Trade Associations
- Parent/child status
- Independent
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