Westfield Chamber Of Commerce Inc
- Assets
- $90.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westfield, MA
- Founding
- 06/1948
- Data as of
- 12/2022
- EIN
- 04-2266528
Organization Overview
Westfield Chamber Of Commerce Inc is located in Westfield, MA. The organization was established in 1948. 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. Westfield 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, Westfield Chamber Of Commerce Inc generated $141.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $146.5k during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
HELD VARIOUS MONTHLY EVENTS AND A LEGISLATIVE LUNCHEON FOR MEMBERS TO NETWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dino Gravanis President | 5 | $0 | |
Daniel Mckellick 1st Vice President | 1 | $0 | |
Julianne Krutka 2nd Vice President | 1 | $0 | |
James Krupienski Treasurer | 1 | $0 | |
Caitrin Ferriter Secretary | 1 | $0 | |
Eric Oulette Executive Director | 40 | $73,844 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $25,354 |
| Membership dues | $89,740 |
| Investment income | $128 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $21,863 |
| Other Revenue | $4,482 |
| Total Revenue | $141,567 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $100,719 |
| Professional fees and other payments to independent contractors | $6,750 |
| Occupancy, rent, utilities, and maintenance | $12,639 |
| Printing, publications, postage, and shipping | $824 |
| Other expenses | $25,103 |
| Total expenses | $146,535 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,145 |
| Other assets | $0 |
| Total assets | $90,135 |
| Total liabilities | $43,431 |
| Net assets or fund balances | $46,704 |