Chamber Of Commerce Of Clearfield
- Assets
- $273.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clearfield, PA
- Founding
- 06/1960
- Data as of
- 12/2022
- EIN
- 25-0408170
Organization Overview
Chamber Of Commerce Of Clearfield is located in Clearfield, PA. The organization was established in 1960. 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. Chamber Of Commerce Of Clearfield 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, Chamber Of Commerce Of Clearfield generated $77.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $94.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. 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
TO PROMOTE AND ENHANCE THE GREATER CLEARFIELD BUSINESS ENVIRONMENT, STIMULATE OUR LOCAL ECONOMY AND ASSIST IN THE CREATION OF A SUSTAINABLE COMMUNITY FOR OUR RESIDENTS AND VISITORS. THE CHAMBER OF COMMERCE OF CLEARFIELD PROVIDES ASSISTANCE TO AREA BUSINESSES AND PROVIDES TOURIST INFORMATION. THE CHAMBER IS AN IMPORTANT ASPECT OF KEEPING LOCAL BUSINESSES INFORMED OF CURRENT EVENTS AND PROVIDES A PLACE WHERE INDIVIDUALS CAN GATHER TO KEEP ABREAST OF LOCAL ECONOMIC EVENTS OCCURRING IN OUR TOWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander Starr Treasurer | 1 | $0 | |
Christy Brown Executive Dir. | 1 | $0 | |
Hal Beimel Chairman | 1 | $0 | |
John Sobel Director | 1 | $0 | |
Kevin Wain Director | 1 | $0 | |
Kathy Collins Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,804 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $21,959 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,693 |
| Other Revenue | $0 |
| Total Revenue | $77,456 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,468 |
| Professional fees and other payments to independent contractors | $3,701 |
| Occupancy, rent, utilities, and maintenance | $5,308 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,090 |
| Total expenses | $94,567 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,720 |
| Other assets | $0 |
| Total assets | $273,455 |
| Total liabilities | $2,045 |
| Net assets or fund balances | $271,410 |