Wethersfield Chamber Of Commerce Incorporated is located in Wethersfield, CT. The organization was established in 1966. 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. Wethersfield Chamber Of Commerce Incorporated 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 05/2024, Wethersfield Chamber Of Commerce Incorporated generated $80.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $98.0k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
ASSIST IN DEVELOPING COMMUNITY PROJECTS AND OTHER ACTIVITIESIN COOPERATION WITH LOCAL GOVERNMENT AND CIVIC ORGANIZATIONS.PROGRAMS AID IN THE PLANNING AND DEVELOPMENT OF THE COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natia Shukakidze President | 1 | $0 | |
Brian Wilkinson Treasurer | 1 | $0 | |
Julie Lemos Secretary | 1 | $0 | |
Ivana Marerro Exec Director | 20 | $30,509 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $53,839 |
| Membership dues | $22,823 |
| Investment income | $170 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,566 |
| Total Revenue | $80,398 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,509 |
| Professional fees and other payments to independent contractors | $6,000 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,495 |
| Total expenses | $98,004 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,730 |
| Other assets | $0 |
| Total assets | $52,110 |
| Total liabilities | $8,451 |
| Net assets or fund balances | $43,659 |