Berne Chamber Of Commerce Inc
- Assets
- $177.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Berne, IN
- Founding
- 03/1978
- Data as of
- 12/2023
- EIN
- 31-0925452
Organization Overview
Berne Chamber Of Commerce Inc is located in Berne, IN. The organization was established in 1978. 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. Berne Chamber Of Commerce Inc 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 12/2023, Berne Chamber Of Commerce Inc generated $82.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $70.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTES BUSINESS GROWTH BY STRENGTHENING AND PROMOTING THE BRANDING OF BERNE AND ITS SWISS HERITAGE, COLLABORATING WITH OTHER ENTITIES TO STIMULATE ECONOMIC DEVELOPMENT AND SERVING AS A COORDINATOR OF SPECIAL EVENTS IN THE BERNE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Snowden Treasurer | 2 | $0 | |
Floyd Liechty Vice President | 1 | $0 | |
Gregg Sprunger Director | 1 | $0 | |
Jason Monfort Director | 1 | $0 | |
Susan Buckingham Executive Dir. | 20 | $25,875 | |
Colton Bickel Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,210 |
| Total Program Service Revenue | $0 |
| Membership dues | $55,018 |
| Investment income | $2,926 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,473 |
| Other Revenue | $0 |
| Total Revenue | $82,627 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,315 |
| Professional fees and other payments to independent contractors | $2,301 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $591 |
| Other expenses | $29,787 |
| Total expenses | $69,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,533 |
| Other assets | $0 |
| Total assets | $177,510 |
| Total liabilities | $55,526 |
| Net assets or fund balances | $121,984 |