Executive Forum Of The Lehigh Valley is located in Allentown, PA. 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. Executive Forum Of The Lehigh Valley 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, Executive Forum Of The Lehigh Valley generated $73.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 35.0% each year . All expenses for the organization totaled $40.0k during the year ending 12/2022. While expenses have increased by 8.6% per year over the past 2 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ACTIVITIES OF THE EXECUTIVE FORUM OF THE LEHIGH VALLEY (THE ASSOCIATION) CONSIST OF HOSTING REGULAR MEETINGS OF THE MEMBERS OF THE ASSOCIATION, AT WHICH MEMBERS DISCUSS CURRENT EVENTS WITHIN BUSINESSES AND ORGANIZATIONS WITH WHICH THEY ARE ASSOCIATED. MEETINGS GENERALLY INCLUDE A SPEAKER WHO PRESENTS ON A TOPIC THAT EDUCATES THE MEMBERS AND PROMOTES DISCUSSION. THESE MEETINGS FURTHER THE ASSOCIATION'S EXEMPT PURPOSES BY ALLOWING THE MEMBERS OF THE ASSOCIATION TO ENGAGE IN CONVERSATION, DISCUSS IDEAS, AND NETWORK WITH ONE ANOTHER TO IMPROVE BUSINESSES AND COMMUNITIES IN THE LEHIGH VALLEY. MEETINGS ARE HELD AT VARIOUS LOCATIONS WITHIN THE LEHIGH VALLEY AND ARE COORDINATED BY THE MANAGERS AND OFFICERS OF THE ASSOCIATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Gingold President | 2 | $0 | |
Denise Grothouse Vice Preside | 2 | $0 | |
Jonathan Black Secretary | 2 | $0 | |
Dawn Davis Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $73,864 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $73,867 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $4,676 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $35,323 |
Total expenses | $39,999 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $40,497 |
Other assets | $0 |
Total assets | $40,497 |
Total liabilities | $0 |
Net assets or fund balances | $40,497 |