Bradford Area Chamber Of Commerce
- Assets
- $142.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bradford, PA
- Founding
- 10/1942
- Data as of
- 12/2022
- EIN
- 25-0368440
Organization Overview
Bradford Area Chamber Of Commerce is located in Bradford, PA. The organization was established in 1942. 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. Bradford Area 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 12/2022, Bradford Area Chamber Of Commerce generated $118.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $131.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 8 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 |
|---|---|---|---|
Barbara Kervin President | 5 | $0 | |
Eric Marasco Treasurer | 5 | $0 | |
Sarah Lonzi Vice President | 5 | $0 | |
Rev Stacey Fussell Secretary | 5 | $0 | |
Nathan Lawyer Board | 5 | $0 | |
Christy Clark Board | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $71,639 |
| Investment income | $577 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,439 |
| Other Revenue | $18,900 |
| Total Revenue | $118,795 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,886 |
| Professional fees and other payments to independent contractors | $7,101 |
| Occupancy, rent, utilities, and maintenance | $19,753 |
| Printing, publications, postage, and shipping | $1,575 |
| Other expenses | $20,621 |
| Total expenses | $131,936 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,323 |
| Other assets | $0 |
| Total assets | $142,381 |
| Total liabilities | $73,098 |
| Net assets or fund balances | $69,283 |