Woodstock Chamber Of Commerce Inc
- Assets
- $23.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodstock, VT
- Founding
- 11/1951
- Data as of
- 12/2021
- EIN
- 03-0183829
Organization Overview
Woodstock Chamber Of Commerce Inc is located in Woodstock, VT. The organization was established in 1951. 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. Woodstock 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 12/2021, Woodstock Chamber Of Commerce Inc generated $157.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $150.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) 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
2021
Describe the Organization's Program Activity:
Part 3
THE CHAMBER OF COMMERCE PROMOTES THE INTEREST OF AREA BUSINESSES, PROVIDESPUBLICATIONS, STAFFS INFORMATION BOOTHS, PROVIDES LODGING REFERRALS ANDOPERATES SPECIAL EVENTS AND PROGRAMS TO PROMOTE PUBLIC AWARENESS OF AREA BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Finlayson Director | 40 | $50,000 | |
Kathy Avellino Assistant Director | 5 | $13,831 | |
Kim Smith Board Member | 1.5 | $0 | |
Tambrey Vutech Board Member | 1.5 | $0 | |
Rick Reno Board Member | 1.5 | $0 | |
Marie Cross Board Member | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,107 |
| Total Program Service Revenue | $50,822 |
| Membership dues | $42,319 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,289 |
| Total Revenue | $157,539 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $79,044 |
| Professional fees and other payments to independent contractors | $1,212 |
| Occupancy, rent, utilities, and maintenance | $6,140 |
| Printing, publications, postage, and shipping | $1,602 |
| Other expenses | $62,882 |
| Total expenses | $150,880 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,799 |
| Other assets | $0 |
| Total assets | $23,354 |
| Total liabilities | $7,147 |
| Net assets or fund balances | $16,207 |
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