Greater Athol-Orange Area Chamber Of Commerce Inc
- Assets
- $40.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Athol, MA
- Founding
- 07/1985
- Data as of
- 06/2023
- EIN
- 04-2779532
Organization Overview
Greater Athol-Orange Area Chamber Of Commerce Inc is located in Athol, MA. The organization was established in 1985. 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. Greater Athol-Orange Area 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 06/2023, Greater Athol-Orange Area Chamber Of Commerce Inc generated $79.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $85.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
MEMBERS RECEIVE BENEFITS FROM ITS LOCAL CHAMBER WHICH PROMOTES CONSUMERS AND BUSINESSES TO SEEK KNOWLEDGE OF THE LOCAL AREA AND ITS EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Jack Director | 1 | $0 | |
Linda Lee Director | 1 | $0 | |
Lisa Carey Director | 1 | $0 | |
Carol Courville Treasurer | 2 | $0 | |
Marc Ostberg Chairman | 1 | $0 | |
Jerry Whaland Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $24,079 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,279 |
| Other Revenue | $100 |
| Total Revenue | $79,460 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,620 |
| Professional fees and other payments to independent contractors | $2,080 |
| Occupancy, rent, utilities, and maintenance | $660 |
| Printing, publications, postage, and shipping | $120 |
| Other expenses | $29,816 |
| Total expenses | $85,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,660 |
| Other assets | $0 |
| Total assets | $40,660 |
| Total liabilities | $1,446 |
| Net assets or fund balances | $39,214 |