Monroe Chamber Of Commerce Inc
- Assets
- $9.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, CT
- Founding
- 01/1977
- Data as of
- 12/2017
- EIN
- 06-0944386
Organization Overview
Monroe Chamber Of Commerce Inc is located in Monroe, CT. The organization was established in 1977. 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. Monroe 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 12/2017, Monroe Chamber Of Commerce Inc generated $25.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (23.5%) each year. All expenses for the organization totaled $14.6k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (34.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Giovanni President | 3 | $0 | |
Janice Snyder Vice President | 3 | $0 | |
Tom Betzig Director | 1 | $0 | |
Steven Cooper Director | 1 | $0 | |
Lee Hossler Director | 1 | $0 | |
Bruce Minoff Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $14,803 |
| Membership dues | $10,509 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,312 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,845 |
| Occupancy, rent, utilities, and maintenance | $541 |
| Printing, publications, postage, and shipping | $1,745 |
| Other expenses | $9,479 |
| Total expenses | $14,610 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,420 |
| Other assets | $0 |
| Total assets | $9,420 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,420 |