Riverhead Chamber Of Commerce
- Assets
- $116.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Riverhead, NY
- Founding
- 03/1973
- Data as of
- 12/2023
- EIN
- 11-1992652
Organization Overview
Riverhead Chamber Of Commerce is located in Riverhead, NY. The organization was established in 1973. 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. Riverhead 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 12/2023, Riverhead Chamber Of Commerce generated $110.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $112.7k during the year ending 12/2023. While expenses have increased by 7.1% 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
2023
Describe the Organization's Program Activity:
Part 3
CHAMBER OF COMMERCE TO PROMOTE LOCAL BUSINESSES, PROVIDE A FORUM FOR LOCAL BUSINESS OWNERS TO FURTHER CIVIC MOVEMENT, ACT AS LIASON WITH LOCAL GOVERNMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jani Rothberg Treasurer | 3 | $0 | |
Constance Lassandro President | 12 | $0 | |
Paul J Pullo 2nd Vice Pre | 1 | $0 | |
Dean Del Prete 1st Vice Pre | 1 | $0 | |
Lee J Mendelson Director At | 2 | $0 | |
Robert Kern President Em | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,470 |
| Total Program Service Revenue | $0 |
| Membership dues | $46,105 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,222 |
| Other Revenue | $0 |
| Total Revenue | $110,797 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $72,563 |
| Professional fees and other payments to independent contractors | $4,937 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $364 |
| Other expenses | $34,808 |
| Total expenses | $112,672 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,899 |
| Other assets | $0 |
| Total assets | $116,003 |
| Total liabilities | $41,935 |
| Net assets or fund balances | $74,068 |