Kent Area Chamber Of Commerce
- Assets
- $29.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kent, OH
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 34-0899718
Organization Overview
Kent Area Chamber Of Commerce is located in Kent, OH. The organization was established in 0000. 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. Kent 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, Kent Area Chamber Of Commerce generated $107.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $122.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE ECONOMIC DEVELOPMENT AND SERVE AS A BUSINESS RESOURCE WITHIN THE AREA OF KENT, OHIO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maggie Mckendry Director | 1 | $0 | |
Tom Wilke Director | 1 | $0 | |
David Smeiles Treasurer | 1 | $0 | |
Dana Lawless-Andric Director | 1 | $0 | |
Daniel Caparso Director | 1 | $0 | |
Jennifer Lennox Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,030 |
| Membership dues | $92,240 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,684 |
| Other Revenue | $0 |
| Total Revenue | $106,960 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $79,023 |
| Professional fees and other payments to independent contractors | $509 |
| Occupancy, rent, utilities, and maintenance | $12,143 |
| Printing, publications, postage, and shipping | $4,190 |
| Other expenses | $26,166 |
| Total expenses | $122,031 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,699 |
| Other assets | $0 |
| Total assets | $29,699 |
| Total liabilities | $1,663 |
| Net assets or fund balances | $28,036 |