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Kennebec Valley Chamber of Commerce

EIN 01-0022415 · Augusta, ME

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceNot ratedToo small or too little detailImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

ENHANCING QUALITY OF LIFE IN THE KENNEBEC VALLEY BY STRENGTHENING OUR REGIONAL ECONOMY.

Income
$676,999
Spending
$705,603
Employees
6
Volunteers
20
Highest pay
$147,006, president &

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Governance

This return does not answer enough of the governance questions to score.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $113,567 spent. ANNUAL AWARDS BANQUET-A MAJOR RECOGNITION PROGRAM TO HONOR DESERVING BUSINESS PEOPLE IN THE COMMUNITY. OVER 500 IN ATTENDANCE AND TELEVISED ON LOCAL STATIONS.
  2. $95,199 spent. MEMBERSHIP SERVICES-PROVIDE NETWORKING AND BUSINESS INFORMATION SERVICES FOR BUSINESS MEMBERS THROUGH MEETINGS AND SEMINARS. OVER 500 MEMBERS.
  3. $66,980 spent. KENNEBEC LEADERSHIP INSTITUTE - AN INTENSE AND THOROUGH PROGRAM AIMED AT TRAINING FUTURE LEADERS FOR THE COMMUNITY.
  4. $290,943 spent. BUSINESS AFTER HOURS - MONTHLY NETWORKING RECEPTION FOR MEMBERS BY PAIRING WITH HOST BUSINESSES. BUSINESS AFTER HOURS GIVES MEMBERS AN OPPORTUNITY TO SHOWCASE THEIR BUSINESS, WHAT THEY DO AND HOW THEY DO IT, AND PROVIDES VALUABLE NETWORKING OPPORTUNITIES FOR ALL WHO ATTEND. EXPENSES 36,972 INCLUDING GRANTS OF 0 REVENUE 19,780 CUSTOMER SERVICES-PROVIDES INFORMATION RESOURCES FOR ALL THOSE INTERESTED IN THE KENNEBEC VALLEY REGION. EXPENSES 46,802 INCLUDING GRANTS OF 0 REVENUE 0 WOMEN'S NETWORK/CYNERGY WOMEN'S NETWORK-PROVIDES A WOMEN'S LUNCHEON TO HELP BUILD NETWORKING RELATIONSHIPS BETWEEN WOMEN IN BUSINESS. CYNERGY-A PROGRAM FOR YOUNG PEOPLE (AGE 20-40) OF THE CAPITAL AREA TO CONNECT AND FOSTER CAREER, SOCIAL AND COMMUNITY BETTERMENT. EXPENSES 65,719 INCLUDING GRANTS OF 0 REVENUE 37,950 OTHER PROGRAMS-THE ORGANIZATION SERVES AS A LIASON BETWEEN VARIOUS ORGANIZATIONS. EXPENSES 178,260 INCLUDING GRANTS 0 REVENUE 8,000
  5. BUSINESS AFTER HOURS - MONTHLY NETWORKING RECEPTION FOR MEMBERS BY PAIRING WITH HOST BUSINESSES. BUSINESS AFTER HOURS GIVES MEMBERS AN OPPORTUNITY TO SHOWCASE THEIR BUSINESS, WHAT THEY DO AND HOW THEY DO IT, AND PROVIDES VALUABLE NETWORKING OPPORTUNITIES FOR ALL WHO ATTEND. EXPENSES 36,972 INCLUDING GRANTS OF 0 REVENUE 19,780 CUSTOMER SERVICES-PROVIDES INFORMATION RESOURCES FOR ALL THOSE INTERESTED IN THE KENNEBEC VALLEY REGION. EXPENSES 46,802 INCLUDING GRANTS OF 0 REVENUE 0 WOMEN'S NETWORK/CYNERGY WOMEN'S NETWORK-PROVIDES A WOMEN'S LUNCHEON TO HELP BUILD NETWORKING RELATIONSHIPS BETWEEN WOMEN IN BUSINESS. CYNERGY-A PROGRAM FOR YOUNG PEOPLE (AGE 20-40) OF THE CAPITAL AREA TO CONNECT AND FOSTER CAREER, SOCIAL AND COMMUNITY BETTERMENT. EXPENSES 65,719 INCLUDING GRANTS OF 0 REVENUE 37,950 OTHER PROGRAMS-THE ORGANIZATION SERVES AS A LIASON BETWEEN VARIOUS ORGANIZATIONS. EXPENSES 178,260 INCLUDING GRANTS 0 REVENUE 8,000

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Caution.

    The IRS master file records contributions to this 501(c)(6) business league as not deductible.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1945.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.