Winchester Chamber Of Commerce Inc is located in Winchester, MA. The organization was established in 1980. 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. Winchester 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, Winchester Chamber Of Commerce Inc generated $70.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $97.9k during the year ending 12/2023. While expenses have increased by 4.6% 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
PROMOTE COMMUNITY BUSINESS TO AREA RESIDENTS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Craig Rabe Director | 2 | $0 | |
| Artie Bennos Director | 2 | $0 | |
| Dot Butler Director | 2 | $0 | |
| Lauren Costello Director | 2 | $0 | |
| Allen Eyden Director | 2 | $0 | |
| Frank Fantasia Director | 2 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,990 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $34,745 | 
| Investment income | $2,618 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $24,941 | 
| Other Revenue | $325 | 
| Total Revenue | $70,619 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $45,266 | 
| Professional fees and other payments to independent contractors | $0 | 
| Occupancy, rent, utilities, and maintenance | $10,200 | 
| Printing, publications, postage, and shipping | $4,327 | 
| Other expenses | $38,109 | 
| Total expenses | $97,902 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,850 | 
| Other assets | $0 | 
| Total assets | $115,650 | 
| Total liabilities | $12,519 | 
| Net assets or fund balances | $103,131 |