Sag Harbor Chamber Of Commerce
- Assets
- $73.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sag Harbor, NY
- Founding
- 12/2010
- Data as of
- 12/2021
- EIN
- 06-1581916
Organization Overview
Sag Harbor Chamber Of Commerce is located in Sag Harbor, NY. The organization was established in 2010. 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. Sag Harbor 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 12/2021, Sag Harbor Chamber Of Commerce generated $127.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $72.9k during the year ending 12/2021. While expenses have increased by 1.8% 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
2021
Describe the Organization's Program Activity:
Part 3
THE SAG HARBOR CHAMBER OF COMMERCE IS A NOT-FOR-PROFIT CORPORATION FOR THE BENEFIT OF THE SAG HARBOR COMMUNITY AND THE ENHANCEMENT OF ITS BUSINESS CLIMATE, PROSPERITY AND ATTRACTIVENESS. THE SAG HARBOR CHAMBER OF COMMERCE CONTRIBUTES TO ECONOMIC DEVELOPMENT AND THE QUALITY OF LIFE IN SAG HARBOR BY PROMOTING SAG HARBOR AS AN ATTRACTIVE VACATION DESTINATION AND BY ATTRACTING INDIVIDUALS, TOURS, MEETINGS, LEISURE EVENTS AND RELATED ACTIVITIES AND BUSINESSES TO SAG HARBOR. ALL FUNDS GENERATED THEREFORE ARE USED FOR THE SOLE PURPOSE OF PROMOTING SAG HARBOR IN TRADE, COMMERCE AND INDUSTRY FOR THE MUTUAL PURPOSE OF ADVANCING THE INTEREST OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dede O'connell Director | 2 | $0 | |
Gavin Menu President | 5 | $0 | |
John Leonard Director | 2 | $0 | |
Kelly Dodds Vice Preside | 5 | $0 | |
Marilyn Holstein Correspondin | 5 | $0 | |
Tara Fordham Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,550 |
| Total Program Service Revenue | $73,201 |
| Membership dues | $40,050 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,806 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,793 |
| Professional fees and other payments to independent contractors | $737 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $188 |
| Other expenses | $66,160 |
| Total expenses | $72,878 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,475 |
| Other assets | $0 |
| Total assets | $73,475 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,475 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sag Harbor Chamber Of Commerce has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Discover Long Island Inc Hauppauge, NY PURPOSE: promotion of long island | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gs1 Go Gsmp Inc Ewing, NJ | $1,816,675 | $9,656,925 |
Rockland Paradmedic Services Inc Chestnut Ridge, NY | $9,826,544 | $8,654,302 |
Valley Forge Convention & Visitors Bureau Ltd King Of Prussia, PA | $5,553,675 | $9,336,877 |
New York State Society Of Cpas New York, NY | $15,747,345 | $10,100,943 |
My Sisters Place Inc White Plains, NY | $7,100,374 | $7,997,119 |
The Partnership For New York City Inc New York, NY | $50,256,117 | $10,277,356 |
Cat Nms Llc New York, NY | $0 | $6,303,484 |
Iab Technology Laboratory Inc New York, NY | $6,942,203 | $8,765,752 |
Hotel Association Of New York City Inc New York, NY | $10,787,267 | $6,155,523 |
The National Academy Of Television Arts And Sciences Inc New York, NY | $5,641,470 | $7,599,158 |
Council Of The Americas Inc New York, NY | $5,218,204 | $7,617,937 |
Materials Research Society Warrendale, PA | $13,527,707 | $7,097,114 |