James B Chambers Memorial
- Assets
- $9.7m
- Revenue
- $2.3m
- Investments
- $9.4m
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 04/1944
- Data as of
- 12/2021
- EIN
- 55-0360517
Organization Overview
James B Chambers Memorial is located in Wheeling, WV. The organization was established in 1944. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James B Chambers Memorial is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, James B Chambers Memorial generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $777.8k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 6 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.
Since 2015, James B Chambers Memorial has awarded 113 individual grants totaling $4,131,588. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Gompers Treasurer | 2 | $1,800 | |
Charlie Savage Board Member | 2 | $1,800 | |
Edward G Sloane Jr Secretary/ Asst Treasurer | 2 | $1,800 | |
Henry B Altmeyer Chairman | 2 | $1,800 | |
Brian E Joseph Vice Chairman | 2 | $1,800 | |
Chris Freemn Board Member | 2 | $1,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $54,573 |
| Dividends & Interest | $189,494 |
| Net Rental Income | $176,565 |
| Net Gain on Sale of Assets | $1,848,532 |
| Capital Gain Net Income | $1,848,532 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,269,164 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,650 |
| Other employee salaries and wages | $16,800 |
| Pension plans, employee benefits | $2,606 |
| Interest | $0 |
| Taxes | $32,006 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,853 |
| Printing and publications | $0 |
| Other expenses | $12,254 |
| Total operating and administrative expenses | $121,479 |
| Contributions, gifts, grants paid | $656,354 |
| Total expenses and disbursements | $777,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,199 |
| Savings and temporary cash investments | $117,353 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,819 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,033,448 |
| Net Land, buildings, and equipment | $100,097 |
| Other assets | $0 |
| Total assets | $9,733,683 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $21,681 |
| Total liabilities | $21,681 |
Grants Awarded
Over the last fiscal year, James B Chambers Memorial has awarded $656,354 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Wheeling, WV PURPOSE: CAPITAL CAMPAIGN | $126,000 |
Wheeling, WV PURPOSE: CHILDRENS NEEDS CHILDRENS NEEDS | $112,667 |
YMCA PURPOSE: PLAYGROUND | $97,692 |
Wheeling, WV PURPOSE: SUMMER CAMPS | $64,245 |
LAUGHLIN MEMORIAL CHAPEL PURPOSE: SUMMER CAMP | $45,000 |
KLEINE KLASSE PURPOSE: CHILDREN COMMUNITY SEVICES | $42,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mount Vernon Ladies Association Of The Union Mount Vernon, VA | $342,045,360 | $38,819,933 |
Ohio Historical Society Columbus, OH | $7,345,353 | $25,940,986 |
Franklin County Historical Society Columbus, OH | $23,539,656 | $19,471,266 |
Historical Society Of Western Pennsylvania Pittsburgh, PA | $61,152,096 | $7,849,869 |
Army Historical Foundation Inc Fort Belvoir, VA | $16,487,331 | $17,384,969 |
Virginia Historical Society Richmond, VA | $152,846,402 | $30,481,870 |
United States Foundation For The Commemoration Of The World Wars Arlington, VA | $17,191,453 | $4,408,831 |
Sunset Memorial Park Association North Olmsted, OH | $79,187,854 | $7,193,716 |
Cuyahoga Valley Preservation And Scenic Railway Association Peninsula, OH | $11,093,810 | $8,580,241 |
Western Reserve Historical Society Cleveland, OH | $45,747,344 | $9,269,565 |
Stan Hywet Hall & Gardens Inc Akron, OH | $11,720,685 | $5,111,685 |
Eastern State Penitentiary Historic Site Inc Philadelphia, PA | $22,218,980 | $7,181,696 |