Damariscotta Region Chamber Of Commerce is located in Damariscotta, ME. The organization was established in 1987. 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. Damariscotta Region 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 12/2021, Damariscotta Region Chamber Of Commerce generated $83.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $67.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jenifer Cooley Director | 1 | $0 | |
Jane Oliver Gravel Director | 1 | $0 | |
John Roberts President Director | 1 | $0 | |
Jim Gallagher Director | 1 | $0 | |
Larry Sidelinger Director & VP | 1 | $0 | |
Wayne Farrin Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $45,920 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $12,119 |
Other Revenue | $128 |
Total Revenue | $83,801 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $30,160 |
Professional fees and other payments to independent contractors | $2,623 |
Occupancy, rent, utilities, and maintenance | $8,223 |
Printing, publications, postage, and shipping | $6,782 |
Other expenses | $20,060 |
Total expenses | $67,848 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $30,268 |
Other assets | $0 |
Total assets | $41,304 |
Total liabilities | $2,675 |
Net assets or fund balances | $38,629 |
Organization Name | Assets | Revenue |
---|---|---|
Maine State Chamber Of Commerce Augusta, ME | $923,733 | $2,213,591 |
Dartmouth Regional Technology Center Inc Lebanon, NH | $5,511,627 | $2,160,751 |
New England Apple Council Inc Goffstown, NH | $795,628 | $1,773,754 |
Maine Oil Dealers Association Brunswick, ME | $1,645,866 | $1,757,717 |
University Of Maine Pulp And Paper Foundation Orono, ME | $31,514,138 | $1,541,694 |
Pope Memorial Spca Of Concord Merrimack County Concord, NH | $5,304,139 | $1,435,100 |
New Hampshire Bankers Association Concord, NH | $1,878,135 | $1,082,708 |
Associated Builders And Contractors Inc Concord, NH | $1,404,762 | $1,170,910 |
Maine Automobile Dealers Association Inc Augusta, ME | $2,325,139 | $1,081,224 |
Greater Manchester Chamber Of Commerce Manchester, NH | $764,279 | $1,070,211 |
Hampton Beach Area Chamber Of Commerce Hampton, NH | $686,290 | $1,006,773 |
Greater Concord Chamber Of Commerce Concord, NH | $655,907 | $665,660 |