Sanford-Springvale Chamber Of Commerce Inc
- Assets
- $88.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springvale, ME
- Founding
- 12/1978
- Data as of
- 06/2024
- EIN
- 01-0226245
Organization Overview
Sanford-Springvale Chamber Of Commerce Inc is located in Springvale, ME. The organization was established in 1978. 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. Sanford-Springvale 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 06/2024, Sanford-Springvale Chamber Of Commerce Inc generated $85.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $108.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 8 years. 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
2024
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard L Stanley Chamber President | 40 | $62,510 | |
Karyn Morin Treasurer | 0 | $0 | |
Ann Lapierre Secretary | 0 | $0 | |
Arthur Stevens Director | 0 | $0 | |
Andea Pais Director | 0 | $0 | |
Sean Dumont Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $25,987 |
| Membership dues | $53,794 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,789 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $81,209 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $7,767 |
| Printing, publications, postage, and shipping | $334 |
| Other expenses | $16,631 |
| Total expenses | $108,291 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,739 |
| Other assets | $0 |
| Total assets | $88,739 |
| Total liabilities | $358 |
| Net assets or fund balances | $88,381 |