Lamoille Region Chamber Of Commerce Corp
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morrisville, VT
- Founding
- 06/1993
- Data as of
- 12/2021
- EIN
- 03-0320282
Organization Overview
Lamoille Region Chamber Of Commerce Corp is located in Morrisville, VT. The organization was established in 1993. 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. Lamoille Region Chamber Of Commerce Corp 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 12/2021, Lamoille Region Chamber Of Commerce Corp generated $45.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $50.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTING LAMOILLE VALLEY AND ITS BUSINESSES THROUGH AN INFORMATION BOOTH, BROCHURES, TRADE SHOWS, AND CO-SPONSORED BUSINESS AFTER HOUR MIXERS WITH LOCAL BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Smith Treasurer | 1 | $0 | |
Deb Lindemer Secretary | 1 | $0 | |
Michael Hartman Director | 1 | $0 | |
Amy Olsen Director | 1 | $0 | |
David Mcallister President | 1 | $0 | |
Ellen Hill Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,943 |
| Membership dues | $23,242 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$681 |
| Other Revenue | $0 |
| Total Revenue | $45,504 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,812 |
| Professional fees and other payments to independent contractors | $7,801 |
| Occupancy, rent, utilities, and maintenance | $850 |
| Printing, publications, postage, and shipping | $140 |
| Other expenses | $10,116 |
| Total expenses | $50,719 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lamoille Region Chamber Of Commerce Corp has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Lamoille Economic Development Corporation Inc Morrisville, VT PURPOSE: EQUIPMENT & OPERATIN | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rockland Paradmedic Services Inc Chestnut Ridge, NY | $9,826,544 | $8,654,302 |
New York State Society Of Cpas New York, NY | $15,747,345 | $10,100,943 |
My Sisters Place Inc White Plains, NY | $7,100,374 | $7,997,119 |
The Partnership For New York City Inc New York, NY | $50,256,117 | $10,277,356 |
Cat Nms Llc New York, NY | $0 | $6,303,484 |
Iab Technology Laboratory Inc New York, NY | $6,942,203 | $8,765,752 |
Hotel Association Of New York City Inc New York, NY | $10,787,267 | $6,155,523 |
The National Academy Of Television Arts And Sciences Inc New York, NY | $5,641,470 | $7,599,158 |
Council Of The Americas Inc New York, NY | $5,218,204 | $7,617,937 |
Greater New York Automobile Dealers Association Whitestone, NY | $65,972,568 | $4,689,490 |
Downtown Boston Business Improvement District Corporation Boston, MA | $4,039,139 | $7,235,337 |
Greater Boston Chamber Of Commerce Boston, MA | $11,076,057 | $7,257,999 |