Lee Chamber Of Commerce is located in Lee, MA. The organization was established in 0000. 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. Lee 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 12/2022, Lee Chamber Of Commerce generated $104.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $155.6k during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 8 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
VARIOUS ACTIVITIES FOR THE PROMOTION OF THE TOWN OF LEE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Healy President | 1 | $0 | |
Jennifer O-Neil Vice President | 1 | $0 | |
David Harrington Treasurer | 1 | $0 | |
Franck Tessier Past President | 1 | $0 | |
Lynn Bertelli Director | 1 | $0 | |
Phil Smith At-Large | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $65,010 |
Total Program Service Revenue | $14,905 |
Membership dues | $17,254 |
Investment income | $112 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,488 |
Other Revenue | $0 |
Total Revenue | $104,769 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $44,305 |
Professional fees and other payments to independent contractors | $11,297 |
Occupancy, rent, utilities, and maintenance | $998 |
Printing, publications, postage, and shipping | $776 |
Other expenses | $98,206 |
Total expenses | $155,582 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,393 |
Other assets | $0 |
Total assets | $11,393 |
Total liabilities | $847 |
Net assets or fund balances | $10,546 |