Laurel Chamber Of Commerce is located in Laurel, DE.
For the year ending 12/2018, Laurel Chamber Of Commerce generated $28.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $33.5k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
TO PROMOTE BUSINESS AND TOURISM IN THE LAUREL AREA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Christophel President | 5 | $0 | |
Karin D'armi-Hunt Secretary | 2 | $0 | |
Nikita Massey Treasurer | 3 | $0 | |
Frederick Sponseller Board Member | 1 | $0 | |
Gareth Deitzel Vice Preside | 3 | $0 | |
Bob Wheatley Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $3,625 |
| Membership dues | $3,530 |
| Investment income | $70 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,609 |
| Other Revenue | $0 |
| Total Revenue | $28,834 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,747 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $844 |
| Other expenses | $15,904 |
| Total expenses | $33,495 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |