Harrisburg Regional Chamber
- Assets
- $610.2k
- Revenue
- $942.6k
- Investments
- $0.0
- Employees
- 18
- Location
- Harrisburg, PA
- Founding
- 02/2002
- Data as of
- 12/2021
- EIN
- 25-1750121
Organization Overview
Harrisburg Regional Chamber is located in Harrisburg, PA. The organization was established in 2002. 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. As of 12/2021, Harrisburg Regional Chamber employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harrisburg Regional Chamber 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, Harrisburg Regional Chamber generated $942.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE HARRISBURG REGIONAL CHAMBER IS TO BE A CATALYST FOR POLICY CHANGE, FOR JOB CREATION AND FOR BUSINESS GROWTH IN CUMBERLAND, DAUPHIN, AND PERRY COUNTIES THAT ENHANCES THE QUALITY OF LIFE IN OUR REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT THROUGH SUPPORT AND PROMOTION OF THE CAPITAL REGION ECONOMIC DEVELOPMENT CORPORATION PROGRAMS IN SOUTHCENTRAL PENNSYLVANIA
CHAMBER PROGRAMS SUPPORT MEMBERS BY PROVIDING UNLIMITED NETWORKING OPPORTUNITIES, BUSINESS EXPOSURE,PROFESSIONAL DEVELOPMENT, LEGISLATIVE SUPPORT AMONG ITS DIVERSIFIED PORTFOLIO OF MEMBER SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Black Until 630 President & | OfficerTrustee | 28 | $123,165 |
Scott Rogers Director Of | Officer | 21 | $104,713 |
Ryan Unger President & | OfficerTrustee | 26 | $89,516 |
Tom Sposito II Immediate Pa | OfficerTrustee | 1 | $0 |
Zack Khuri Treasurer | OfficerTrustee | 1 | $0 |
Meron Yemane Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $913,377 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $40,940 |
| Net Gain/Loss on Asset Sales | -$11,712 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $942,605 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $317,394 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $928,932 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $71,026 |
| Advertising and promotion | $13,325 |
| Office expenses | $33,606 |
| Information technology | $9,321 |
| Royalties | $0 |
| Occupancy | $101,254 |
| Travel | $3,151 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,075 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,890 |
| Insurance | $10,657 |
| All other expenses | -$653,272 |
| Total functional expenses | $1,058,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $490,137 |
| Savings and temporary cash investments | $26,273 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,615 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,569 |
| Net Land, buildings, and equipment | $48,754 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,875 |
| Total assets | $610,223 |
| Accounts payable and accrued expenses | $100,853 |
| Grants payable | $0 |
| Deferred revenue | $280,993 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $212,600 |
| Other liabilities | $0 |
| Total liabilities | $594,446 |
| Net assets without donor restrictions | $15,777 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $610,223 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Harrisburg Regional Chamber has recieved totaling $75,060.
| Awarding Organization | Amount |
|---|---|
Southcentral Workforce Investment Board Harrisburg, PA PURPOSE: WIOA YOUTH | $35,000 |
Upmc Pinnacle Harrisburg, PA PURPOSE: GENERAL OPERATIONS | $20,910 |
Penn State Health Hershey, PA PURPOSE: PROGRAM SUPPORT | $19,150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
International Trademark Association Inc New York, NY | $31,452,258 | $17,397,846 |
American Association Of Advertising Agencies Inc New York, NY | $18,840,338 | $16,325,912 |
Northeast Power Coordinating Council Inc New York, NY | $13,480,521 | $16,289,125 |
Produce Marketing Association Newark, DE | $26,319,073 | $9,750,513 |
Mechanical Contractors Association Of America Inc Rockville, MD | $31,715,254 | $22,083,810 |
Greater Cleveland Partnership Cleveland, OH | $36,035,820 | $14,402,868 |
The Toy Association Inc New York, NY | $44,631,259 | $11,487,921 |
Philadelphia Industrial Development Corp Philadelphia, PA | $40,435,799 | $13,493,986 |
Private Label Manufacturers Association New York, NY | $11,255,640 | $8,374,810 |
Pocono Mountains Vacation Bureau Inc Stroudsburg, PA | $11,737,684 | $15,325,542 |