River Valley Chamber Of Commerce
- Assets
- $37.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rumford, ME
- Founding
- 08/1944
- Data as of
- 06/2023
- EIN
- 01-0241354
Organization Overview
River Valley Chamber Of Commerce is located in Rumford, ME. The organization was established in 1944. 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. River Valley 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 06/2023, River Valley Chamber Of Commerce generated $57.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $49.1k during the year ending 06/2023. 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
PROMOTING BUSINESS GROWTH AND AWARENESS FOR THE LOCAL MUNICAPALITIES OF THE REGION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Milligan Director | 1 | $0 | |
Patricia Daigle President | 1 | $0 | |
Becky Dolloff Vice President | 1 | $0 | |
Jennifer Kreckel Director | 1 | $0 | |
Nicole Knowles Director | 1 | $0 | |
Cory St Denis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,459 |
| Total Program Service Revenue | $9,972 |
| Membership dues | $24,128 |
| Investment income | $54 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,466 |
| Other Revenue | $0 |
| Total Revenue | $57,079 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,282 |
| Professional fees and other payments to independent contractors | $665 |
| Occupancy, rent, utilities, and maintenance | $5,000 |
| Printing, publications, postage, and shipping | $71 |
| Other expenses | $18,063 |
| Total expenses | $49,081 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,327 |
| Other assets | $0 |
| Total assets | $37,329 |
| Total liabilities | $848 |
| Net assets or fund balances | $36,481 |