Milford Area Chamber Of Commerce
- Assets
- $92.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, OH
- Founding
- 05/1981
- Data as of
- 12/2022
- EIN
- 31-1003060
Organization Overview
Milford Area Chamber Of Commerce is located in Milford, OH. The organization was established in 1981. 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 the central organization for a national or regional group of organizations. Milford 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, Milford Area Chamber Of Commerce generated $128.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $92.7k during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Evans Vice President | 1 | $0 | |
Zach Gambill Treasurer | 1 | $0 | |
Ron Swogger President | 1 | $0 | |
Andrea Brady Executive Director | 22 | $27,538 | |
Melissa Myers Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $45,328 |
| Investment income | $555 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $76,656 |
| Other Revenue | $5,991 |
| Total Revenue | $128,530 |
| 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 | $55,521 |
| Occupancy, rent, utilities, and maintenance | $13,236 |
| Printing, publications, postage, and shipping | $774 |
| Other expenses | $23,170 |
| Total expenses | $92,701 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,969 |
| Other assets | $0 |
| Total assets | $91,969 |
| Total liabilities | $0 |
| Net assets or fund balances | $91,969 |