Amherst Chamber Of Commerce Inc

Organization Overview

Amherst Chamber Of Commerce Inc is located in Williamsville, NY. The organization was established in 1991. 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. As of 12/2021, Amherst Chamber Of Commerce Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amherst 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 12/2021, Amherst Chamber Of Commerce Inc generated $914.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $663.5k during the year ending 12/2021. While expenses have increased by 1.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FOSTER TRADE AND COMMERCE BY EDUCATING THE PUBLIC ABOUT ITS MERCHANTS AND ABOUT THE CUSTOMS AND USAGES OF TRADES, AND TO INCREASE THE QUALITY OF LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE GROUP RATE HEALTH INSURANCE BENEFITS TO MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Aj Baynes
President/ceo
$270,000
Elena Mendel
Treasurer
$0
Mark Gaulin
Chair
$0
Mary Grace Welch
Vice Chair
$0
Pete Petrella
Secretary
$0
Andy Davis
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$511,671
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$511,671
Total Program Service Revenue$242,110
Investment income $85
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $3,767
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $35,732
Miscellaneous Revenue$0
Total Revenue $913,954

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Amherst Chamber Of Commerce Inc has recieved totaling $40,219.

Awarding OrganizationAmount
Independent Health Association Inc

Buffalo, NY

PURPOSE: SPONSORSHIP

$27,719
Kaleida Health

Buffalo, NY

PURPOSE: SPONSORSHIP

$12,500
View Grant Recipient Profile

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