Southwest Harbor & Tremont Chamber Of Commerce
- Assets
- $27.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southwest Harbor, ME
- Founding
- 04/1945
- Data as of
- 12/2023
- EIN
- 01-6019950
Organization Overview
Southwest Harbor & Tremont Chamber Of Commerce is located in Southwest Harbor, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Harbor & Tremont Chamber Of Commerce 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 12/2023, Southwest Harbor & Tremont Chamber Of Commerce generated $105.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $105.6k during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
(1) TRAIL MAP GUIDES IMPROVE PUBLIC AWARENESS OF OUR COMMUNITY;2) WEB SITE ALSO PROMOTES PUBLICAWARENESS OF GREATER ACADIA REGION; (3) VISITOR GUIDES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Davis Co-President | 5 | $0 | |
Bonnie Lewis Treasurer | 5 | $0 | |
Holly Masterson Co-President | 5 | $0 | |
Heather Lewis Director | 1 | $0 | |
Diana Novella Director | 1 | $0 | |
Morgan Forni Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $71,501 |
| Membership dues | $34,044 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,559 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,425 |
| Professional fees and other payments to independent contractors | $3,081 |
| Occupancy, rent, utilities, and maintenance | $23,868 |
| Printing, publications, postage, and shipping | $2,529 |
| Other expenses | $50,724 |
| Total expenses | $105,627 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,559 |
| Other assets | $0 |
| Total assets | $27,559 |
| Total liabilities | $40 |
| Net assets or fund balances | $27,519 |