Alden Chamber Of Commerce Inc
- Assets
- $159.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alden, NY
- Founding
- 05/1992
- Data as of
- 04/2023
- EIN
- 16-1352445
Organization Overview
Alden Chamber Of Commerce Inc is located in Alden, NY. The organization was established in 1992. 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. Alden 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 04/2023, Alden Chamber Of Commerce Inc generated $37.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $43.4k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooks Bowman President | 10 | $0 | |
Justin Marchewka Vice President | 5 | $0 | |
Michelle Wallace Treasurer | 5 | $0 | |
Alyssa Cooper Secretary | 28 | $22,524 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,585 |
| Investment income | $1,538 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,133 |
| Other Revenue | $374 |
| Total Revenue | $37,630 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,762 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $4,327 |
| Printing, publications, postage, and shipping | $5,420 |
| Other expenses | $6,118 |
| Total expenses | $43,377 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,563 |
| Other assets | $0 |
| Total assets | $159,562 |
| Total liabilities | $8,487 |
| Net assets or fund balances | $151,075 |