Woodstock Chamber Of Commerce Inc
- Assets
- $14.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodstock, VT
- Founding
- 11/1951
- Data as of
- 12/2023
- EIN
- 03-0183829
Organization Overview
Woodstock Chamber Of Commerce Inc is located in Woodstock, VT. The organization was established in 1951. 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. Woodstock 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 12/2023, Woodstock Chamber Of Commerce Inc generated $164.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $174.3k during the year ending 12/2023. While expenses have increased by 0.1% 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
THE CHAMBER OF COMMERCE PROMOTES THE INTEREST OF AREA BUSINESSES, PROVIDESPUBLICATIONS, STAFFS INFORMATION BOOTHS, PROVIDES LODGING REFERRALS ANDOPERATES SPECIAL EVENTS AND PROGRAMS TO PROMOTE PUBLIC AWARENESS OF AREA BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Finlayson Director | 40 | $55,000 | |
Kathy Avellino Assistant Director | 5 | $17,921 | |
Kim Smith Board Member | 1.5 | $0 | |
Tambrey Vutech Board Member | 1.5 | $0 | |
Jim Yeager Board Member | 1.5 | $0 | |
Kurt Lessard Board Member | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,853 |
| Total Program Service Revenue | $77,293 |
| Membership dues | $47,529 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $164,677 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $95,407 |
| Professional fees and other payments to independent contractors | $4,438 |
| Occupancy, rent, utilities, and maintenance | $5,337 |
| Printing, publications, postage, and shipping | $686 |
| Other expenses | $68,446 |
| Total expenses | $174,314 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,026 |
| Other assets | $0 |
| Total assets | $14,262 |
| Total liabilities | $11,458 |
| Net assets or fund balances | $2,804 |