Farmingdale Chamber Of Commerce Inc
- Assets
- $53.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmingdale, NY
- Founding
- 09/1999
- Data as of
- 12/2022
- EIN
- 11-2738115
Organization Overview
Farmingdale Chamber Of Commerce Inc is located in Farmingdale, NY. The organization was established in 1999. 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. Farmingdale 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 12/2022, Farmingdale Chamber Of Commerce Inc generated $70.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $71.4k during the year ending 12/2022. While expenses have increased by 4.9% 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
2022
Describe the Organization's Program Activity:
Part 3
FARMINGDALE CHAMBER OF COMMERCE TO HELP LOCAL BUSINESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Garcia President | 0 | $0 | |
Beth Mignone Executive Vice President | 0 | $0 | |
Ken Marcus Vice President | 0 | $0 | |
Joseph Minieri Vice President | 0 | $0 | |
Suzanne Lobiondo Treasurer | 0 | $0 | |
Victoria Lefayt Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,258 |
| Total Program Service Revenue | $10,960 |
| Membership dues | $31,560 |
| Investment income | $359 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,849 |
| Other Revenue | $12,155 |
| Total Revenue | $70,141 |
| 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 | $17,610 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,057 |
| Other expenses | $51,770 |
| Total expenses | $71,437 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,869 |
| Other assets | $0 |
| Total assets | $53,869 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,869 |