Bainbridge Chamber Of Commerce Inc is located in Bainbridge, NY. The organization was established in 1995. 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. Bainbridge 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, Bainbridge Chamber Of Commerce Inc generated $162.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $143.8k during the year ending 12/2022. While expenses have increased by 4.2% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CANOE REGATTA TO MAINTAIN PUBLIC PARK
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Payne President | 5 | $0 | |
June White Vice Presidnet | 5 | $0 | |
Chris Smith Secretary | 5 | $0 | |
Jay Campbell Treasurer | 5 | $0 | |
Barbara Mulkins Director | 1 | $0 | |
Bruce Kellogg Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,942 |
| Total Program Service Revenue | $3,515 |
| Membership dues | $0 |
| Investment income | $2,715 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $132,433 |
| Other Revenue | $0 |
| Total Revenue | $162,605 |
| 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 | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,979 |
| Other expenses | $135,355 |
| Total expenses | $143,834 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $157,431 |
| Other assets | $0 |
| Total assets | $157,431 |
| Total liabilities | $7,510 |
| Net assets or fund balances | $149,921 |