Rhinbeck Chamber Of Commerce is located in Rhinebeck, NY. The organization was established in 1996. 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. Rhinbeck 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 12/2022, Rhinbeck Chamber Of Commerce generated $117.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $108.9k during the year ending 12/2022. While expenses have increased by 6.0% 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
ACHIEVEMENTS ARE RELATED TO THE SUCCESSFUL DEVELOPMENT AND PROMOTION OF TOURISM AND COMMERCE IN RHINEBECK AND THE SURROUNDING AREA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Babcock Director | 2 | $0 | |
John A Grady CPA Treasurer | 2 | $0 | |
Dawn Hopper Director | 2 | $0 | |
David Hughes Director | 2 | $0 | |
Vincent Ranalli Secretary | 2 | $0 | |
Gail Saucier Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $55,172 |
| Membership dues | $60,165 |
| Investment income | $65 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,954 |
| Other Revenue | $0 |
| Total Revenue | $117,356 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,170 |
| Professional fees and other payments to independent contractors | $4,936 |
| Occupancy, rent, utilities, and maintenance | $14,933 |
| Printing, publications, postage, and shipping | $805 |
| Other expenses | $36,029 |
| Total expenses | $108,873 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,883 |
| Other assets | $0 |
| Total assets | $72,277 |
| Total liabilities | $36,655 |
| Net assets or fund balances | $35,622 |