Stow-Munroe Falls Chamber Of Commerce Inc
- Assets
- $30.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Stow, OH
- Founding
- 06/1983
- Data as of
- 12/2023
- EIN
- 34-1356652
Organization Overview
Stow-Munroe Falls Chamber Of Commerce Inc is located in Stow, OH. The organization was established in 1983. 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, Stow-Munroe Falls Chamber Of Commerce Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stow-Munroe Falls 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, Stow-Munroe Falls Chamber Of Commerce Inc generated $172.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $191.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE PROGRESSIVE DEVELOPMENT OF COMMERCE AND INDUSTRY AND TO ENCOURAGE BUSINESS SUPPORT IN STOW AND MUNROE FALLS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Stephen Board Direct | 1 | $0 | |
James Laber Board Direct | 1 | $0 | |
Wendy Supple Board Direct | 1 | $0 | |
Kathy Romito Board Direct | 1 | $0 | |
Tim Porter Board Direct | 1 | $0 | |
Dave Segen President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,544 |
| Total Program Service Revenue | $49,178 |
| Membership dues | $104,771 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,721 |
| Other Revenue | $1,243 |
| Total Revenue | $172,461 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $97,452 |
| Professional fees and other payments to independent contractors | $13,333 |
| Occupancy, rent, utilities, and maintenance | $1,857 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,434 |
| Total expenses | $191,076 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,898 |
| Other assets | $0 |
| Total assets | $30,898 |
| Total liabilities | $470 |
| Net assets or fund balances | $30,428 |