Toledo Regional Chamber Of Commerce

Organization Overview

Toledo Regional Chamber Of Commerce is located in Toledo, OH. The organization was established in 1930. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Toledo Regional Chamber Of Commerce employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Toledo Regional 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 12/2021, Toledo Regional Chamber Of Commerce generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 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.

Since 2014, Toledo Regional Chamber Of Commerce has awarded 158 individual grants totaling $2,244,033. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTION OF COMMERCIAL, INDUSTRIAL, AND CIVIC INTERESTS OF THE TOLEDO AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BUSINESS DEVELOPMENT SERVICES - BUSINESS COUNSELING TO STARTUP, GROWING, AND/OR STRUGGLING BUSINESSES


ADVOCACY AND PUBLIC POLICY - ADVOCATING PUBLIC POLICY ON BEHALF OF MEMBER BUSINESSES


WORKFORCE DEVELOPMENT AND TALENT ATTRACTION - PROGRAMMING TO MEET THE REGION'S CURRENT AND FUTURE WORKFORCE NEEDS


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Board, Officers & Key Employees

Name (title)Compensation
Wendy Gramza
President
$198,585
Thomas Walsh
Cfo/coo
$115,437
Steve Smigelski
Chairman
$0
William Mcdonnell
Past Chairman
$0
Lynette Reichle
Vice Chair
$0
Frederick Treuhaft
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,284,651
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$1,284,651
Total Program Service Revenue$1,501,980
Investment income $61,218
Tax Exempt Bond Proceeds $0
Royalties $297,537
Net Rental Income $0
Net Gain/Loss on Asset Sales -$8,435
Net Income from Fundraising Events $41,686
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,389,411

Grants Awarded

Over the last fiscal year, Toledo Regional Chamber Of Commerce has awarded $1,896,339 in support to 135 organizations.

Grant RecipientAmount

JPLC LLC DBA JUPMODE

PURPOSE: COVID-19 RELIEF

$25,000

LITTLE GENERATION DAY CARE

PURPOSE: COVID-19 RELIEF

$25,000

CHILDREN'S THEATRE WORKSHOP OF TOLEDO

Org PageRecipient Profile

Toledo, OH

PURPOSE: COVID-19 RELIEF

$25,000

ERIE SHORES COUNCIL INC BOY SCOUTS OF AMERICA

Org PageRecipient Profile

Toledo, OH

PURPOSE: COVID-19 RELIEF

$25,000

KDM GROUP LLC

PURPOSE: COVID-19 RELIEF

$25,000

THE BLARNEY IRISH PUB

PURPOSE: COVID-19 RELIEF

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Toledo Regional Chamber Of Commerce has recieved totaling $45,000.

Awarding OrganizationAmount
Jumpstart Inc

Cleveland, OH

PURPOSE: ECONOMIC DEVELOPMENT

$45,000
View Grant Recipient Profile

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