Three weeks ago, we took a break from our usual morning email to talk about an impending financial crisis facing this chamber.
We noted that one-third of our 2020 operating budget was dependent upon revenue from events that have been cancelled, or put on hold. Our dues revenue
was dropping too, as some members sought to regain their financial footing.
All told, we were projecting that the chamber could end 2020 as much as $75,000 in the red.
This morning we’re proud to report that -- thanks to your generosity -- we’ve decimated that gap! In fact, we exceeded our goal, raising just under $100,000.
During our appeal we also gained 31 new members and 43 new citizen members
(individuals who are not directly affiliated with a business but share our mission).
We expected it would take us several months to close our deficit. The fact that so many of you – from our largest employers to sole proprietors and individuals
– came forward even as you faced your own financial insecurity, was gratifying and deeply appreciated.
Thanks to your support, we’re confident that we’ll be able to keep our remarkable chamber team on board and continue our advocacy and programming for the
rest of this year (with a cushion to help us into the start of what could be a challenging 2021 for many businesses and nonprofits).
We’re still in the early innings of the COVID-19 crisis. Reopening safely and rebuilding our economy will require vigilance. And we have a lot of work
to do together building a more welcoming, more inclusive and more diverse workplace, workforce and community.
Your chamber is committed to standing with the businesses and nonprofits that make our communities special. Thanks to the businesses and individuals listed
below for making our work possible.
Northland Investment Corporation
The Village Bank
New England Development
The Street/WS Development
Ideal Marketing Group, Inc.
Middlesex Savings Bank
St. Sebastian's School
The Kendrick/Toll Brothers Apartments
$500 to $999
Dwyer, Spino & Goncalves, LLC
William James College
DSH Design Group
up to $500
Stone L'Oven Pizza
Adam Meixner - 128 CRE
Brezniak Funeral Directors
DiFoggio Electric Inc
Adrienne Hartzell Knudsen
Wells Fargo Home Mortgage
Lisa Svensson, CFA, CFP (Morgan Stanley)
Beacon Law Group
Byggmeister Associates Inc.
Chestnut Hill Realty
Community Center of Needham
Newton Community Development Foundation
Nichols Design Group
Your CBD Store
Boston Ballet School
Newton Community Partnership
Adam Shamus - Keller Williams
Bailey McLaughlin LLC
Carol de Lemos
Client Priority Financial Advisors
Conlin Health Care Inc
Form + Place
Freedman HealthCare, LLC
Goldman & Pease
JMJ Commerical Realty
Latina Kitchen & Bar
Mitzi Weiman (TimeFinder)
Pinnacle Print Group
Representative Denise Garlick
Susan Alves, Mindfulness Tutoring & Consulting
Sachiko Isihara (Suzuki School of Newton)
The Barn Shoes
The UPS Store
John Patrick Foley (E3 Financial Planning)
Marty Koffman CPA
New Art Center
Leni Webber (ACSIA Partners)
A1 Real Estate Solutions
French Press Bakery
The Presti Group
Waban Hardware/The Neighborhood Hardware group
Janet Parnes, Etiquette Consultant
Ellen Meyers and Robert Pierson
Ashley Ott (Vantage Point Financial)
Bayada Home Health Care
Elaine Morlock (Greenscape Land Design)
Victoria Regia Bridal
Weinberg Financial Group
On behalf of our board
and all of our region’s businesses and nonprofits, thank you.
P.S. Be back tomorrow at 7 a.m. (or sooner, if needed) with our usual updates.