Springboro Chamber Of Commerce

Organization Overview

Springboro Chamber Of Commerce is located in Springboro, OH. The organization was established in 1998. 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 09/2021, Springboro Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springboro 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 09/2021, Springboro Chamber Of Commerce generated $281.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $201.9k during the year ending 09/2021. While expenses have increased by 5.7% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE BUSINESS IN THE SPRINGBORO, OHIO AREA

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE INFORMATION AND SERVICES TO OUR 714 MEMBERS, SUCH AS BUSINESS EXPO AND HELP MEMBERS OBTAIN DISCOUNTS.


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Board, Officers & Key Employees

Name (title)Compensation
Carol Hughes
Executive Director (oct - Aug)
$50,196
Bryan Hunter
Past Chair
$0
Sheila Lairson
Chair
$0
Marsha Kelley
Secretary
$0
John Parks
Treasurer
$0
Alison Liddic
Executive Director (sep)
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$145,096
Fundraising events$0
Related organizations$0
Government grants $19,247
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$164,343
Total Program Service Revenue$0
Investment income $36
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $116,960
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $281,339

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