Fostoria Area Chamber Of Commerce
- Assets
- $100.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fostoria, OH
- Founding
- 07/1949
- Data as of
- 12/2023
- EIN
- 34-4434036
Organization Overview
Fostoria Area Chamber Of Commerce is located in Fostoria, OH. The organization was established in 1949. 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. Fostoria 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, Fostoria Area Chamber Of Commerce generated $111.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $98.7k during the year ending 12/2023. 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 |
|---|---|---|---|
Josh Thomas Chair | 0 | $0 | |
Matt Emerine Board Member | 0 | $0 | |
Kristy Persohn Secretary | 0 | $0 | |
Robin Bates Treasurer | 0 | $0 | |
Megan James Board Member | 0 | $0 | |
Rob Hammer Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,000 |
| Total Program Service Revenue | $23,266 |
| Membership dues | $49,704 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,610 |
| Other Revenue | $2,716 |
| Total Revenue | $111,321 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $63,707 |
| Professional fees and other payments to independent contractors | $8,845 |
| Occupancy, rent, utilities, and maintenance | $7,200 |
| Printing, publications, postage, and shipping | $2,759 |
| Other expenses | $16,210 |
| Total expenses | $98,721 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,885 |
| Other assets | $0 |
| Total assets | $100,924 |
| Total liabilities | $29,583 |
| Net assets or fund balances | $71,341 |