TY 2020 Form 990EZ

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? To promote support and unite the businesses commercial industrial civic residential and charitable interests of the Borough of Bristol. Encourage the business community to offer and provide business services of high standards, provide a regular forum for discussion exchange of ideas planning and action to accomplish these purposes.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 First Fridays On The Delaware street festivals designed to highlight the Borough's main business district & members. Held the first Friday of each month May-September from 5-8pm. Estimated attendees is 3-5,000 per event; members, local businesses, community organizations and vendors display their wares and promote their services with setups lining the streets. Business and community participation, support, and response continues to escalate, increasing awareness, promotional opportunities, tourism, collaboration efforts, and economic development for the town, the businesses, and our members. (Grants $ 0) If this amount includes foreign grants, check here ...			28a	0
29 Mill Street Run annual 5K race through the streets of Bristol Borough, starting and ending in our main street district. Area high school track teams compete for season-starting standings while the Borough's scenic waterfront park and business district welcome families and onlookers, as well as participants of the open race. Businesses and members open early to welcome newcomers and returning guests, and offer info, discounts, etc. to consumers. This event reaches a population not usually addressed in normal marketing campaigns and exposes our town and offerings to a potentially new customer base. (Grants $ 0) If this amount includes foreign grants, check here ...			29a	0
30 (Grants $ ) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	0

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
Stephen Mooney President	3	0	0	0
Andrew Ditman Vice President	2	0	0	0
Susan Rachlin Secretary	3	0	0	0
Megan McAleer Treasurer	3	0	0	0
Karla Sloan Board Member	2	0	0	0
Cynthia Adams Board Member	2	0	0	0
Richard Vallejo Board Member	2	0	0	0

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation

Return Reference	Explanation
Form 990-EZ, Part I, Line 8	We had a significant decrease in income due to the impact of the shutdown from many of our constituents (small businesses), notably through our membership dues, special events, and program income.
Form 990-EZ, Part I, Line 16	Other expenses include: insurance, business registration fees, marketing expenses, meals, and office support and supplies.

Return Reference

Explanation

Form 990-EZ, Part I, Line 8

We had a significant decrease in income due to the impact of the shutdown from many of our constituents (small businesses), notably through our membership dues, special events, and program income.

Form 990-EZ, Part I, Line 16

Other expenses include: insurance, business registration fees, marketing expenses, meals, and office support and supplies.

1	Contributions, gifts, grants, and similar amounts received ....................	1	2,000
2	Program service revenue including government fees and contracts ................	2	3,500
3	Membership dues and assessments .............................	3	8,180
4	Investment income ....................................	4	0
5a	Gross amount from sale of assets other than inventory .......	5a	0
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c	0
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a	0
b	Gross income from fundraising events (not including $ 0 of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	0
7a	Gross sales of inventory, less returns and allowances ......	7a	0
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c	0
8	Other revenue (describe in Schedule O) ....................	8	3,700
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	17,380

10	Grants and similar amounts paid (list in Schedule O) ................	10	0
11	Benefits paid to or for members ......................	11	0
12	Salaries, other compensation, and employee benefits ................	12	0
13	Professional fees and other payments to independent contractors ............	13	8,787
14	Occupancy, rent, utilities, and maintenance ...................	14	300
15	Printing, publications, postage, and shipping ...................	15	580
16	Other expenses (describe in Schedule O) ...................	16	10,782
17	Total expenses. Add lines 10 through 16 .................	17	20,449

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-3,069
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	17,796
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20	0
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	14,727

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Software ID:	20012124
Software Version:	v1.00