Biddeford Saco Chamber Of Commerce Inc is located in Biddeford, ME. The organization was established in 1945. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Biddeford Saco Chamber Of Commerce Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biddeford Saco Chamber Of Commerce Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Biddeford Saco Chamber Of Commerce Inc generated $158.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $165.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ANN ASSOC OF BUSINESSES AND ORGANIZATIONS FORMED TO FOSTER A STRONG LOCAL ECONOMY AND A QUALITY OF LIFE WHICH WILL ENCOURAGE PEOPLE TO VISIT, LIVE & WORK IN THE BIDDEFORD SACO AREA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marshall Archer Chair | 4 | $0 | |
Lori Cote Past Chair | 2 | $0 | |
Marty Grohman Director | 1 | $0 | |
Andy Kany First Vice Chair | 2 | $0 | |
Kelly Fowler Membership | 2 | $0 | |
Alan Casavant Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $17,344 |
Membership dues | $140,924 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $158,268 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $100,512 |
Professional fees and other payments to independent contractors | $3,708 |
Occupancy, rent, utilities, and maintenance | $18,393 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $43,138 |
Total expenses | $165,751 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $16,545 |
Other assets | $0 |
Total assets | $16,545 |
Total liabilities | $0 |
Net assets or fund balances | $16,545 |
Over the last fiscal year, we have identified 1 grants that Biddeford Saco Chamber Of Commerce Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Mainehealth Portland, ME PURPOSE: Annual Sponsorship | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
International Association Of Privacy Professionals Portsmouth, NH | $95,531,598 | $42,238,853 |
Advanced Regenerative Manufacturing Institute Inc Manchester, NH | $22,637,554 | $26,561,020 |
Global Seafood Alliance Inc Portsmouth, NH | $16,114,958 | $17,110,603 |
Maine State Chamber Of Commerce Augusta, ME | $923,733 | $2,213,591 |
Dartmouth Regional Technology Center Inc Lebanon, NH | $5,511,627 | $2,160,751 |
New England Apple Council Inc Goffstown, NH | $795,628 | $1,773,754 |
Maine Oil Dealers Association Brunswick, ME | $1,645,866 | $1,757,717 |
University Of Maine Pulp And Paper Foundation Orono, ME | $31,514,138 | $1,541,694 |
Pope Memorial Spca Of Concord Merrimack County Concord, NH | $5,304,139 | $1,435,100 |
New Hampshire Bankers Association Concord, NH | $1,878,135 | $1,082,708 |
Associated Builders And Contractors Inc Concord, NH | $1,404,762 | $1,170,910 |
Maine Automobile Dealers Association Inc Augusta, ME | $2,325,139 | $1,081,224 |