Wooster Area Chamber Of Commerce
- Assets
- $1.8m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 7
- Location
- Wooster, OH
- Founding
- 10/1960
- Data as of
- 12/2023
- EIN
- 34-0628440
Organization Overview
Wooster Area Chamber Of Commerce is located in Wooster, OH. The organization was established in 1960. 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 12/2023, Wooster Area Chamber Of Commerce employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wooster 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 12/2023, Wooster Area Chamber Of Commerce generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $775.3k during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE WOOSTER AREA CHAMBER OF COMMERCE STRENGTHENS THE ECONOMIC BASE & APPEAL OF THE WOOSTER AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOOSTERFEST IS AN ANNUAL FESTIVAL IN DOWNTOWN WOOSTER TO PROMOTE THE DOWNTOWN BUSINESSES. THE FESTIVAL ATTRACTS THOUSANDS FROM THROUGHOUT NORTHEAST OHIO BY OFFERING FREE ENTERTAINMENT, UNIQUE FOOD VENDORS, BIER AND WEINGARTEN, AND ACTIVITIES FOR LOCALS AND TOURISTS ALIKE.
THE CHAMBER PROMOTES YOUTH AWARENESS BY SPONSORING A LEMONADE DAY PROJECT WHICH INCLUDES IN PERSON MEETINGS WITH THE YOUTH TO PROVIDE THE BUSINESS EDUCATION FOR A SUCCESSFUL OUTCOME.THE CHAMBER SPONSORS MANUFACTURING DAY WHICH PAIRS THE LOCAL BUSINESSES WITH HIGH SCHOOL STUDENTS TO CREATE AWARENESS OF OPPORTUNITIES IN THE MANUFACTURING SEGMENT. IN 2023, 350 STUDENTS AND 14 MANUFACTURERS PARTICIPATED THE CHAMBER ALSO HOLDS VARIOUS OTHER EVENTS AND ACTIVITIES TO PROMOTE BUSINESSES IN THE WOOSTER COMMUNITY INCLUDING LEADERSHIP TRAINING FOR BOTH ADULTS AND YOUNG PROFESSIONALS, SAFETY COUNCIL, PRINTING AND DEVELOPMENT OF NEWSLETTERS AND PUBLICATIONS.
THE HOME & GARDEN SHOW IS AN ANNUAL EVENT WHERE HOMEOWNERS, GARDEN ENTHUSIASTS, AND PROFESSIONALS GATHER TO EXPLORE THE LATEST TRENDS, PRODUCTS, AND SERVICES RELATED TO HOME IMPROVEMENT, LANDSCAPING, GARDENING AND OUTDOOR LIVING. 171 VENDORS REGISTERED THROUGH CHAMBERMASTER, AND 8 FOOD VENDORS/7 PLANT SALE PARTICIPANTS OFFERED PRODUCTS FOR SALE.
THE ANNUAL DINNER IS A CELEBRATION OF BUSINESSES IN THE WOOSTER COMMUNITY AND A PRESENTATION OF AWARD PLAQUES TO RECOGNIZE OUTSTANDING CONTRIBUTIONS BY BUSINESSES AND INDIVIDUAL COMMUNITY MEMBERS. THE DINNER ALSO PROVIDES AN OPPORTUNITY TO REPORT TO THE COMMUNITY THE ACCOMPLISHMENTS FROM THE PAST YEAR, INTRODUCTION OF STAFF, CURRENT MEMBERS OF GOVERNANCE, AND THE INCOMING OFFICERS FOR THE NEXT YEAR. THE ANNUAL DINNER DRAWS 800+ PEOPLE AND HAS BECOME AN IMPORTANT CELEBRATION OF BUSINESS SUCCESSES AND OPPORTUNITY IN WOOSTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mcclintock Chair | OfficerTrustee | 1 | $0 |
Amy Marinello Chair-Elect | OfficerTrustee | 1 | $0 |
Chad Boreman Past Chair | OfficerTrustee | 1 | $0 |
Susan Marlar Treasurer | OfficerTrustee | 1 | $0 |
John Stika Board Member | Trustee | 1 | $0 |
Maribeth Burns Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $326,656 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,024 |
| 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 | $383,680 |
| Total Program Service Revenue | $589,748 |
| Investment income | $4,459 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,100 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $17,942 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,049,709 |
| 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. | $126,442 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $131,651 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,466 |
| Payroll taxes | $20,488 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,107 |
| Office expenses | $6,567 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,592 |
| Travel | $348 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,111 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,251 |
| Insurance | $37,166 |
| All other expenses | $107,561 |
| Total functional expenses | $775,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,798 |
| Savings and temporary cash investments | $999,350 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $451 |
| Net Land, buildings, and equipment | $627,082 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,759,681 |
| Accounts payable and accrued expenses | $3,165 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,165 |
| Net assets without donor restrictions | $1,756,516 |
| 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 | $1,759,681 |