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Towson Chamber Of Commerce Inc

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$638k (2024)

Expenses
$676k (2024)

Total Assets
$760k (2024)

Total Liabilities
$51.8k (2024)

Source: Form 990 tax filings from 2014 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$637,668
Expenses
$675,591
Net Income
-$37,923
Net Assets
$708,222
Notable Sources of Revenue Percent of Total Revenue
Contributions $166,541
26.1%
Program Services $402,767
63.2%
Investment Income $2,874
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $19,200
3.0%
Net Fundraising $46,286
7.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $127,313
18.8%
Professional Fundraising Fees $0
Other Salaries and Wages $56,764
8.4%
Assets/Debt
Total Assets $759,976
Total Liabilities $51,754
Net Assets $708,222
Compensation
Key Employees and Officers Compensation Related Other
Nancy Harford (Executive Director) $109,157 $0 $19,000
Anthony Dimartino (Treasurer) $0 $0 $0
Tom Gronert (President) $0 $0 $0
Natalie Martz (Vice President) $0 $0 $0
Tracy Carroll (Secretary) $0 $0 $0
Jon Christiana (Director) $0 $0 $0
Michele Ewing (Director) $0 $0 $0
Ed Hale Jr (Director) $0 $0 $0
Nancy Hofmann (Director) $0 $0 $0
Cr Hogendorp (Director) $0 $0 $0
Darius Irani (Director) $0 $0 $0
Steve Norris (Director) $0 $0 $0
Kaitlin Radebaugh (Director) $0 $0 $0
Paul Schwab (Director) $0 $0 $0
Mark Shulman (Director) $0 $0 $0
Melony Wagner (Director) $0 $0 $0
Kevin Murphy (Director) $0 $0 $0
Robert Brando (Director) $0 $0 $0
Colin Exelby (Director) $0 $0 $0
Lorrie Geiss (Director) $0 $0 $0
Sandy Gurchik (Director) $0 $0 $0
Todd Huff (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$493,929
Expenses
$309,032
Net Income
$184,897
Net Assets
$746,145
Notable Sources of Revenue Percent of Total Revenue
Contributions $198,321
40.2%
Program Services $243,119
49.2%
Investment Income $2,440
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $19,200
3.9%
Net Fundraising $30,849
6.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $114,389
37.0%
Professional Fundraising Fees $0
Other Salaries and Wages $17,917
5.8%
Assets/Debt
Total Assets $909,246
Total Liabilities $163,101
Net Assets $746,145
Compensation
Key Employees and Officers Compensation Related Other
Nancy Harford (Executive Director) $114,389 $0 $0
Emily Brophy (President) $0 $0 $0
Brandon Simpson (Past President) $0 $0 $0
Anthony Dimartino (Treasurer) $0 $0 $0
Tom Gronert (Vice President) $0 $0 $0
Natalie Martz (Secretary) $0 $0 $0
Tracy Carroll (Director) $0 $0 $0
Jon Christiana (Director) $0 $0 $0
Charles Connolly (Director) $0 $0 $0
Michele Ewing (Director) $0 $0 $0
Sangy Gurchik (Director) $0 $0 $0
Ed Hale Jr (Director) $0 $0 $0
Nancy Hofmann (Director) $0 $0 $0
C R Hogendorp (Director) $0 $0 $0
Darius Irani (Director) $0 $0 $0
Edward Kilcullen (Director) $0 $0 $0
Steve Norris (Director) $0 $0 $0
Deborah Phelps (Director) $0 $0 $0
Kaitlin Radebaugh (Director) $0 $0 $0
Paul Schwab (Director) $0 $0 $0
Mark Shulman (Director) $0 $0 $0
Melony Wagner (Director) $0 $0 $0
Kevin Murphy (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$547,085
Expenses
$475,435
Net Income
$71,650
Net Assets
$561,954
Notable Sources of Revenue Percent of Total Revenue
Contributions $238,372
43.6%
Program Services $179,965
32.9%
Investment Income $79
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,156
3.3%
Net Fundraising $79,263
14.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $31,250
5.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $107,093
22.5%
Professional Fundraising Fees $0
Other Salaries and Wages $27,976
5.9%
Assets/Debt
Total Assets $642,910
Total Liabilities $80,956
Net Assets $561,954
Compensation
Key Employees and Officers Compensation Related Other
Nancy Hafford (Executive Dir.) $107,093 $0 $0
Emily Brophy (Vice President) $0 $0 $0
Brandon Simpson (President) $0 $0 $0
Anthony Di Martino (Treasurer) $0 $0 $0
Tom Gronert (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$357,164
Expenses
$293,104
Net Income
$64,060
Net Assets
$644,840
Notable Sources of Revenue Percent of Total Revenue
Contributions $91,236
25.5%
Program Services $165,387
46.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $27,525
7.7%
Net Fundraising $73,016
20.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $95,109
32.4%
Professional Fundraising Fees $0
Other Salaries and Wages $8,777
3.0%
Assets/Debt
Total Assets $781,241
Total Liabilities $136,401
Net Assets $644,840
Compensation
Key Employees and Officers Compensation Related Other
Nancy Hafford (Executive Dir.) $95,109 $0 $18,120
Emily Brophy (President) $0 $0 $0
Brandon Simpson (Vice President) $0 $0 $0
Mary F Stromyer (Treasurer) $0 $0 $0
C R Hogendorp (Secretary) $0 $0 $0
Mark Shulman (Immed Past Pres) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$395,558
Expenses
$352,453
Net Income
$43,105
Net Assets
$580,780
Notable Sources of Revenue Percent of Total Revenue
Contributions $104,107
26.3%
Program Services $167,781
42.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $18,654
4.7%
Net Fundraising $105,016
26.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $107,097
30.4%
Professional Fundraising Fees $0
Other Salaries and Wages $44,229
12.5%
Assets/Debt
Total Assets $712,098
Total Liabilities $131,318
Net Assets $580,780
Compensation
Key Employees and Officers Compensation Related Other
Nancy Hafford (Executive Director) $107,097 $0 $27,513
Mark Shulman (President) $0 $0 $0
Brandon Simpson (Vice President) $0 $0 $0
Mary F Stromyer (Treasurer) $0 $0 $0
Cr Hogendorp (Secretary) $0 $0 $0
Sarah Ryan (Immediate Past President) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$426,895
Expenses
$422,193
Net Income
$4,702
Net Assets
$537,675
Notable Sources of Revenue Percent of Total Revenue
Contributions $102,801
24.1%
Program Services $204,842
48.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $18,498
4.3%
Net Fundraising $100,754
23.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $107,097
25.4%
Professional Fundraising Fees $0
Other Salaries and Wages $65,233
15.5%
Assets/Debt
Total Assets $701,245
Total Liabilities $163,570
Net Assets $537,675
Compensation
Key Employees and Officers Compensation Related Other
Nancy Hafford (Executive Director) $105,635 $0 $23,250
Sarah Ryan (President) $0 $0 $0
Brandon Simpson (Vice President) $0 $0 $0
Mary F Stromyer (Treasurer) $0 $0 $0
Cr Hogendorp (Secretary) $0 $0 $0
M Timothy Bojanowski (Immediate Past President) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$508,939
Expenses
$512,834
Net Income
-$3,895
Net Assets
$532,973
Notable Sources of Revenue Percent of Total Revenue
Contributions $174,263
34.2%
Program Services $214,601
42.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $14,155
2.8%
Net Fundraising $105,920
20.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $103,880
20.3%
Professional Fundraising Fees $0
Other Salaries and Wages $58,850
11.5%
Assets/Debt
Total Assets $728,129
Total Liabilities $195,156
Net Assets $532,973
Compensation
Key Employees and Officers Compensation Related Other
Nancy Hafford (Executive Director) $102,612 $0 $24,966
M Timothy Bojanowski (President) $0 $0 $0
Sarah Ryan (Vice President) $0 $0 $0
Mary F Stromyer (Treasurer) $0 $0 $0
Eduardo Mutabazi (Secretary) $0 $0 $0
Charles Connolly (Immediate Past President) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$469,988
Expenses
$419,970
Net Income
$50,018
Net Assets
$536,868
Notable Sources of Revenue Percent of Total Revenue
Contributions $83,779
17.8%
Program Services $204,041
43.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $11,979
2.5%
Net Fundraising $170,189
36.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $101,441
24.2%
Professional Fundraising Fees $0
Other Salaries and Wages $44,347
10.6%
Assets/Debt
Total Assets $760,903
Total Liabilities $224,035
Net Assets $536,868
Compensation
Key Employees and Officers Compensation Related Other
Nancy Hafford (Executive Director) $100,204 $0 $34,580
Charles Connolly (President) $0 $0 $0
M Timothy Bojanowski (Vice President) $0 $0 $0
Mary F Stromyer (Co Treasurer) $0 $0 $0
Stephen Cupit (Co Treasurer) $0 $0 $0
Mark Shulman (Immediate Past President) $0 $0 $0
Sarah Ryan (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$464,589
Expenses
$417,210
Net Income
$47,379
Net Assets
$486,850
Notable Sources of Revenue Percent of Total Revenue
Contributions $75,070
16.2%
Program Services $197,182
42.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $13,635
2.9%
Net Fundraising $178,702
38.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $98,967
23.7%
Professional Fundraising Fees $0
Other Salaries and Wages $37,680
9.0%
Assets/Debt
Total Assets $753,945
Total Liabilities $267,095
Net Assets $486,850
Compensation
Key Employees and Officers Compensation Related Other
Nancy Hafford (Executive Director) $101,260 $0 $29,747
Mark Shulman (President) $0 $0 $0
Charles Connolly (Vice President) $0 $0 $0
Valerie Kutchey (Secretary) $0 $0 $0
Mary F Stromyer (Co Treasurer) $0 $0 $0
Stephen Cupit (Co Treasurer) $0 $0 $0
John Holman (Immediate Past President) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$470,657
Expenses
$420,306
Net Income
$50,351
Net Assets
$439,471
Notable Sources of Revenue Percent of Total Revenue
Contributions $102,236
21.7%
Program Services $206,593
43.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $10,017
2.1%
Net Fundraising $151,811
32.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $100,053
23.8%
Professional Fundraising Fees $0
Other Salaries and Wages $52,492
12.5%
Assets/Debt
Total Assets $732,493
Total Liabilities $293,022
Net Assets $439,471
Compensation
Key Employees and Officers Compensation Related Other
Nancy Hafford (Executive Director) $95,680 $0 $26,160
John Holman (President) $0 $0 $0
Mark Shulman (Vice President) $0 $0 $0
Charles Connolly (Secretary) $0 $0 $0
Pamela Gilmour (Co Treasurer) $0 $0 $0
Stephen Cupit (Co Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$425,827
Expenses
$401,447
Net Income
$24,380
Net Assets
$389,120
Notable Sources of Revenue Percent of Total Revenue
Contributions $82,866
19.5%
Program Services $165,410
38.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $10,369
2.4%
Net Fundraising $167,182
39.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $94,660
23.6%
Professional Fundraising Fees $0
Other Salaries and Wages $37,040
9.2%
Assets/Debt
Total Assets $732,613
Total Liabilities $343,493
Net Assets $389,120
Compensation
Key Employees and Officers Compensation Related Other
Nancy Hafford (Executive Director) $113,864 $0 $28,796
James Jones (President) $0 $0 $0
John Holman (Vice President) $0 $0 $0
Kaitlin Radebaugh (Secretary) $0 $0 $0
Mary F Stromyer (Co Treasurer) $0 $0 $0
Stephen Cupit (Co Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2012

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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