Wadsworth Chamber Of Commerce Inc
- Assets
- $163.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wadsworth, OH
- Founding
- 03/1976
- Data as of
- 12/2023
- EIN
- 34-1168981
Organization Overview
Wadsworth Chamber Of Commerce Inc is located in Wadsworth, OH. The organization was established in 1976. 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. Wadsworth 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, Wadsworth Chamber Of Commerce Inc generated $180.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $176.4k during the year ending 12/2023. While expenses have increased by 6.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dustin Fowkes Vice Preside | 1 | $0 | |
Matthew Addis President | 1 | $0 | |
Doug Beeman Treasurer | 1 | $0 | |
Ashley Manfull Secretary | 1 | $0 | |
Jesse Beal Board Member | 1 | $0 | |
Zach Berger Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,353 |
| Total Program Service Revenue | $24,953 |
| Membership dues | $80,705 |
| Investment income | $95 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,293 |
| Other Revenue | $34,953 |
| Total Revenue | $180,352 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $109,499 |
| Professional fees and other payments to independent contractors | $1,867 |
| Occupancy, rent, utilities, and maintenance | $7,800 |
| Printing, publications, postage, and shipping | $5,512 |
| Other expenses | $51,747 |
| Total expenses | $176,425 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,933 |
| Other assets | $0 |
| Total assets | $163,933 |
| Total liabilities | $0 |
| Net assets or fund balances | $163,933 |