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MALONE CHAMBER OF COMMERCE
MALONE, NY · EIN 150584692 · Form 990 · FY2024 · NTEE S41 · Community Improvement · Micro (<$100K) · malonechamberofcommerce.com
revenue
$84K
expenses
$76K
net assets
$28K
employees
1
program ratio
72%
mission · from form 990

THE CHAMBER WORKS TO BRING VARIOUS EVENTS THAT WILL ATTRACT VISITORS TO THE AREA. THE CHAMBER ALSO SPONSORS LOCAL EVENTS, PROMOTES TOURISM AND EDUCATIONAL PROGRAMS.

profile · synthesized from sources

The Malone Chamber of Commerce promotes economic development and community improvement in Northern Franklin County, New York. It supports local businesses through networking, promotional opportunities, and advocacy, while also sponsoring community events and tourism initiatives. The organization works to enhance the region's vitality by attracting visitors and supporting business growth.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $0
    N/A
  2. #2 $0
    N/A
named programs · 5 · from sources

What they call their work

Business After Hours
Quarterly networking events that connect local business owners and professionals to foster collaboration and community engagement.
Commerce Card Discounts
Member benefit program offering discounts at participating Chamber businesses for members and their employees.
Historic District Initiative
Effort to establish a historic district in Malone to qualify businesses and homeowners for state and federal tax credits for preservation work.
Ribbon Cutting Ceremonies
Events to celebrate new or expanding businesses in the Malone area, promoting visibility and community support.
Weekly E-Newsletter
Communication tool that informs members about upcoming events, business opportunities, and regional developments.
activities · 7 groups

What they do

  • Member Business Referral & Discount Programs 3 activities
    • Administers the Commerce Card discount program
      Operates and administers the Commerce Card program, distributing over 50,000 cards annually to Chamber members and their employees, enabling access to discounts at other member businesses.
    • Operates Energy Alliance program for utility cost savings
      Runs an Energy Alliance program that provides electricity discounts for NYSEG and National Grid customers who are members, helping businesses access competitive energy rates at no cost.
    • Provides exclusive business referrals to members
      Offers a member-exclusive referral program that connects businesses within the Chamber network to support local commerce and collaboration.
  • Organizational Newsletter Production and Distribution 1 activity
    • Distributes newsletters and business information to members
      Produces and distributes weekly newsletters to keep members informed about upcoming events, business opportunities, and available grants. Maintains ongoing communication to support local business development.
  • Professional Association Capacity Building 1 activity
    • Offers free business training seminars for members
      Provides free training seminars on topics including social media, finance, and human resources to support member business development and capacity building.
  • Professional Networking Events 1 activity
    • Organizes networking and community events for members
      Hosts regular networking events including "Business After Hours," ribbon cuttings, monthly meetings, and community learning opportunities to support member engagement and local business development. Organizes and sponsors local events to attract visitors, promote tourism, and support educational programs.
  • Corporate Sponsorship Programs 1 activity
    • Provides promotional and advertising services for members and sponsors
      Offers promotional opportunities through website listings, social media sharing, event listings, and distribution of materials. Provides advertising for sponsors in promotional literature and online platforms, and lists sponsor names on event materials.
  • Community Event Fundraising 1 activity
    • Raises funds through raffles and merchandise sales
      Organizes 50/50 raffles to generate funds for summer events and sells commemorative glass Christmas ornaments featuring Arsenal Green Park in Malone, NY, as a fundraising initiative.
  • Historic Preservation Support Grants 1 activity
    • Supports historic preservation through grant partnerships
      Partnered with the Malone Revitalization Foundation to secure a grant for a consultant to prepare a historical study supporting eligibility for state and federal tax credits for property preservation in the Historic District of Malone.
financials · form 990 · fy2024
revenue
Total revenue$84K
Contributions & grants$84K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$76K
Program expenses72%
Admin / overhead9%
Fundraising17%
Salaries & benefits$24K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$33K
Cash$23K
Investments$0
Liabilities$5K
Net assets$28K
Liquid reserves3.6 mo
5 years on record · 2020–2024 · YoY revenue +2.6%
leadership · form 990 part vii · fy2024

Who runs it

board members · 9
  • AMANDA DAY — DIRECTOR
  • BARRY ARMSTRONG — VICE PRESIDENT
  • CHRISTINE MARSHALL — TREASURER
  • COURTNEY COOPER — DIRECTOR
  • GARY BROWN — MEMBER
  • KATHY ALMOND — DIRECTOR
  • KIM DUFFEY — DIRECTOR
  • MARY SCHARF — PRESIDENT
  • SHEILA HARGRAVE — SECRETARY
relationships · 19

Who they work with

  • Adirondack Economic Development Corporation Partner — Collaborates on economic development and training initiatives.
  • CITEC Business Solutions Partner — Partners to provide business solutions and support services.
  • Chateaugay Revitalization Committee Partner — Board member Kim Duffey is active in the Chateaugay Revitalization Committee, indicating a link between the Chamber and this local organization.
  • Empire State Development | North Country Partner — Collaborates on supporting new and existing businesses in the North Country region.
  • Energy Alliance Partner — Collaborates with Energy Alliance to provide competitive energy rates to members.
  • Foothills Art Society Partner — Board member Barry Armstrong serves on the board of Foothills Art Society, indicating a connection between the organization and the Chamber.
  • Franklin County IDA Partner — Partners to facilitate strategic investment and job creation in Franklin County.
  • Malone Complete Streets Partner — Collaborates on urban planning and streetscape improvements to support business and community vitality.
  • Malone Revitalization Foundation Partner — Board member Barry Armstrong serves on the board of the Malone Revitalization Foundation, indicating a collaborative relationship.
  • Malone Revitalization Foundation Partner — Collaborated with the Malone Chamber of Commerce on a grant application to study the potential for a historic district in Malone.
  • Malone Revitalization Foundation Partner — Works with the foundation on community and business revitalization efforts.
  • NYSEG Partner — Partner utility provider offering electricity discounts to Chamber members through the Energy Alliance Program.
  • National Grid Partner — Partner utility provider offering electricity discounts to Chamber members through the Energy Alliance Program.
  • North Country Chamber of Commerce Partner — Lists as a local business organization for networking and support.
  • North Country Small Business Development Center Partner — Partners to provide small business development resources and support.
  • Plattsburgh partner organization Partner — Provides trained Health Insurance staff to assist Chamber members in selecting health insurance plans.
  • SUNY Canton Small Business Development Center Partner — Connects local businesses with SBDC resources at SUNY Canton.
  • Town of Malone Partner — Works with the Town of Malone to support balanced commercial and residential development.
  • Village of Malone Partner — Collaborates with the Village of Malone to provide programs and services for local businesses.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Civic Cooperation for Community Success
    methodology: civic_cooperation
    By fostering cooperation among businesses and civic stakeholders, the Chamber strengthens community cohesion and drives collective economic progress because shared collaboration leads to greater trust, resource pooling, and aligned development goals.
  • Historic Preservation as Economic Revitalization Strategy
    methodology: historic_preservation_for_revitalization
    By advocating for historic district designation, the Chamber enables tax credits and investment incentives that drive commercial revitalization, increase tourism, and raise property values because preserved architectural character enhances community appeal and marketability.
  • Network-Driven Business Development
    methodology: network-driven business development
    By creating structured networking opportunities and member-exclusive referral systems, the Chamber increases business growth and member loyalty because trusted peer connections lead to higher-quality leads, client acquisition, and sustained engagement with the Chamber.