Whiting Robertsdale Chamber Of Commerce
- Assets
- $554.5k
- Revenue
- $206.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Whiting, IN
- Founding
- 05/1945
- Data as of
- 12/2022
- EIN
- 35-0756393
Organization Overview
Whiting Robertsdale Chamber Of Commerce is located in Whiting, IN. The organization was established in 1945. 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 12/2022, Whiting Robertsdale Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Whiting Robertsdale 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, Whiting Robertsdale Chamber Of Commerce generated $206.9k 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 (9.5%) each year. All expenses for the organization totaled $221.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE WHITING-ROBERTSDALE CHAMBER OF COMMERCE, AS A PUBLIC CATALYST, PARTNER, AND INVESTOR IN THE COMMUNITY, SERVES THE CITIZENS AND MERCHANTS BY ENCOURAGING, PROMOTING, EXPANDING, AND ENHANCING THE BUSINESS AREA OF WHITING-ROBERTSDALE. THE CHAMBER IS SUPPORTED ON A VOLUNTARY MEMBERSHIP BASIS AND IS INDEPENDENT OF ALL ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS PROGRAMS TO ENCOURAGE, PROMOTE, EXPAND, AND ENHANCE THE BUSINESS AREA OF WHITING-ROBERTSDALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Sopo President | OfficerTrustee | 5 | $0 |
Linda Gajewski 1st Vice Pre | OfficerTrustee | 5 | $0 |
Jesse Hunt 2nd Vice Pre | OfficerTrustee | 5 | $0 |
Tom Dabertin 3rd Vice Pre | OfficerTrustee | 5 | $0 |
Diana Del Rio 4th Vice Pre | OfficerTrustee | 5 | $0 |
Allison Ferconio Secretary/tr | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,695 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $19,695 |
| Total Program Service Revenue | $82,288 |
| Investment income | $940 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $103,505 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $206,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,498 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,500 |
| Office expenses | $44,649 |
| Information technology | $4,196 |
| Royalties | $0 |
| Occupancy | $11,524 |
| Travel | $42 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,890 |
| Interest | $5,492 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,695 |
| Insurance | $11,562 |
| All other expenses | $0 |
| Total functional expenses | $221,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $192,158 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $361,434 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $950 |
| Total assets | $554,542 |
| Accounts payable and accrued expenses | $2,793 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $163,341 |
| Other liabilities | $0 |
| Total liabilities | $166,134 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $388,408 |
| Total liabilities and net assets/fund balances | $554,542 |