Corning Area Chamber Of Commercefoundation Inc is located in Corning, NY. The organization was established in 2009. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Corning Area Chamber Of Commercefoundation Inc 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 12/2022, Corning Area Chamber Of Commercefoundation Inc generated $1.2k 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 (21.5%) each year. All expenses for the organization totaled $2.8k during the year ending 12/2022. 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 RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE PURPOSES, INCLUDING SUPPORT FOR EDUCATIONAL PROGRAM TO BE OFFERED TO AREA BUSINESS PROFESSIONALS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Caracci Director | 1 | $0 | |
John Sirianni Director | 1 | $0 | |
Jeremy Purifoy Director | 1 | $0 | |
Tali Sutton Director | 1 | $0 | |
Colleen Coro President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,202 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,202 |
| 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 | $2,779 |
| Total expenses | $2,779 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,728 |
| Other assets | $0 |
| Total assets | $15,728 |
| Total liabilities | $2,925 |
| Net assets or fund balances | $12,803 |