Skowhegan Area Chamber Of Commerce

Organization Overview

Skowhegan Area Chamber Of Commerce is located in Skowhegan, ME. The organization was established in 1999. 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. As of 12/2021, Skowhegan Area Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skowhegan 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, Skowhegan Area Chamber Of Commerce generated $143.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $168.8k during the year ending 12/2021. While expenses have increased by 16.9% 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

CREATING A LARGE GROWING ECONOMIC BENEFIT TO THE REGION.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$58,510
Total Program Service Revenue$97,731
Membership dues$0
Investment income $7
Gain or Loss$0
Net Income from Gaming & Fundraising-$13,937
Other Revenue$1,032
Total Revenue$143,343

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