Sherwood Area Chamber Of Commerce
- Assets
- $91.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherwood, OR
- Founding
- 12/2002
- Data as of
- 12/2021
- EIN
- 93-0938421
Organization Overview
Sherwood Area Chamber Of Commerce is located in Sherwood, OR. The organization was established in 2002. 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. Sherwood Area Chamber Of Commerce 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 12/2021, Sherwood Area Chamber Of Commerce generated $123.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $111.2k during the year ending 12/2021. While expenses have increased by 7.9% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Sikkens President | 0 | $0 | |
Brian Fairbanks Past President | 0 | $0 | |
Marc Farrar Treasurer | 0 | $0 | |
Ben Aanderud Board Member | 0 | $0 | |
Nina Carlson Board Member | 0 | $0 | |
Eryn Ross Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,935 |
| Total Program Service Revenue | $0 |
| Membership dues | $64,423 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,155 |
| Other Revenue | $2,435 |
| Total Revenue | $123,948 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,103 |
| Professional fees and other payments to independent contractors | $4,684 |
| Occupancy, rent, utilities, and maintenance | $32,340 |
| Printing, publications, postage, and shipping | $269 |
| Other expenses | $8,399 |
| Total expenses | $111,163 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,364 |
| Other assets | $0 |
| Total assets | $91,864 |
| Total liabilities | $900 |
| Net assets or fund balances | $90,964 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sherwood Area Chamber Of Commerce has recieved totaling $14,631.
| Awarding Organization | Amount |
|---|---|
Washington County Visitors Association Beaverton, OR PURPOSE: SPECIAL COVID AWARD TO CONTINUE PROVIDING BUSINESS AND TOURISM SUPPORT. | $7,500 |
Arts Action Alliance Foundation Oregon City, OR PURPOSE: FUND ART PROJECTS FOR HUMANITY | $7,131 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Travel And Tourism Commission Sacramento, CA | $86,955,324 | $75,852,594 |
Semi Milpitas, CA | $100,332,447 | $57,588,828 |
San Diego County Capital Asset Leasing Corporation San Diego, CA | $104,250,616 | $41,735,289 |
Western States Petroleum Association Sacramento, CA | $8,481,739 | $30,827,581 |
Iapmo Research And Testing Inc Ontario, CA | $11,214,766 | $46,736,492 |
Specialty Equipment Market Association Diamond Bar, CA | $151,136,909 | $20,614,542 |
California Dental Association Sacramento, CA | $252,495,901 | $15,890,513 |
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |