Suburan Chambers Foundation
- Assets
- $6.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Summit, NJ
- Founding
- 04/1984
- Data as of
- 12/2021
- EIN
- 22-2411148
Organization Overview
Suburan Chambers Foundation is located in Summit, NJ. The organization was established in 1984. 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. Suburan Chambers Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Suburan Chambers Foundation generated $5.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $5.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. 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 |
|---|---|---|---|
David Dietz Chair | 0.5 | $0 | |
Marcella Gencarelli Immediate Past Chair | 0.5 | $0 | |
Gary Kapner Director | 0.5 | $0 | |
Jim Mooney Vice Chair | 0.5 | $0 | |
Robert Davies Recording Secretary | 0.5 | $0 | |
Joseph Steiner President/treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,350 |
| Total Program Service Revenue | $1,270 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,620 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,056 |
| Total expenses | $5,806 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,585 |
| Other assets | $0 |
| Total assets | $6,585 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,585 |