Hudson Chamber Of Commerce is located in Hudson, NH. The organization was established in 1973. 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. Hudson 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 12/2022, Hudson Chamber Of Commerce generated $61.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $58.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
GIVE ANNUAL SCHOLARSHIPS TO DESERVING STUDENTS IN THE NAME OF "JR CITIZENS OF THE YEAR"
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Malley Treasurer | 1.5 | $0 | |
Kathleen Warren Secretary | 1.5 | $0 | |
Marissa Mcdaniel Director | 1 | $0 | |
Rachel Guill Exe. V.P. | 1.5 | $0 | |
Laura Perrotta First Vice President | 1.5 | $0 | |
Salena Zulic Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $36,080 |
Investment income | $8 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $25,706 |
Total Revenue | $61,794 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $35,504 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $2,400 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $20,028 |
Total expenses | $58,932 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $83,023 |
Other assets | $0 |
Total assets | $83,023 |
Total liabilities | $937 |
Net assets or fund balances | $82,086 |