Wheaton & Kensington Chamber Of Commerce Inc
- Assets
- $17.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wheaton, MD
- Founding
- 08/1957
- Data as of
- 12/2022
- EIN
- 52-0634562
Organization Overview
Wheaton & Kensington Chamber Of Commerce Inc is located in Wheaton, MD. The organization was established in 1957. 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. Wheaton & Kensington Chamber Of Commerce Inc 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, Wheaton & Kensington Chamber Of Commerce Inc generated $45.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $47.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. 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 |
|---|---|---|---|
William Moore President | 0 | $0 | |
James Onder Secretary-Treasurer | 0 | $0 | |
Laura-Leigh Palmer Trustee | 0 | $0 | |
Ellen Riger Trustee | 0 | $0 | |
Omar Lazo Vice President | 0 | $0 | |
George Sydnor Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $27,181 |
| Membership dues | $18,326 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,508 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,602 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $7,562 |
| Printing, publications, postage, and shipping | $1,369 |
| Other expenses | $9,777 |
| Total expenses | $47,810 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,732 |
| Other assets | $0 |
| Total assets | $17,055 |
| Total liabilities | $1,009 |
| Net assets or fund balances | $16,046 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wheaton & Kensington Chamber Of Commerce Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Alan And Nadine Levin Foundation Inc Wheaton, MD PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Iron And Steel Institute Washington, DC | $8,995,281 | $11,889,127 |
Helicopter Association International Inc Alexandria, VA | $38,045,658 | $4,215,283 |
Association Of American Publishers Inc Washington, DC | $3,482,089 | $6,511,300 |
American Resorts & Residential Dev Washington, DC | $15,913,625 | $10,097,639 |
Touchstone Energy Cooperative Inc Arlington, VA | $11,702,200 | $9,798,586 |
Financial Services Institute Inc Washington, DC | $15,307,729 | $9,484,774 |
Association For Unmanned Vehicle Systems International Arlington, VA | $11,175,966 | $8,710,398 |
American Urologigal Association Inc Linthicum Heights, MD | $11,900,601 | $8,448,831 |
Reinsurance Association Of America Washington, DC | $8,490,929 | $8,536,934 |
Intermodal Association Of North America Inc Calverton, MD | $29,793,038 | $11,206,056 |
340b Health Washington, DC | $25,548,585 | $9,750,586 |
National Stone Sand And Gravel Association Alexandria, VA | $12,179,741 | $8,499,860 |