Hunt Valley Business Forum Inc is located in Cockeysville, MD. The organization was established in 1997. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Hunt Valley Business Forum Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Hunt Valley Business Forum Inc generated $130.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $90.2k during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
THE MISSION OF THE HUNT VALLEY BUSINESS FORUM IS TO EDUCATE AND ADVOCATE FOR ITS MEMBERS ON CURRENT ISSUES OF COMMON CONCERN.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Powderly Director | 1 | $0 | |
Danielle Bridge Director | 1 | $0 | |
Mark Lund Director | 1 | $0 | |
Swadesh Guchhait Director | 1 | $0 | |
Danielle Beyrodt Chairman | 2 | $0 | |
Tonia Niedzialkowski Vice Chair | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $62,396 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $29,499 |
| Other Revenue | $21 |
| Total Revenue | $130,416 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,397 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,824 |
| Total expenses | $90,221 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,465 |
| Other assets | $0 |
| Total assets | $99,465 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,465 |