Franklin County Chamber Of Commerce

Organization Overview

Franklin County Chamber Of Commerce is located in Greenfield, MA. 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. As of 06/2022, Franklin County Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin County 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 06/2022, Franklin County Chamber Of Commerce generated $401.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $315.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST MEMBERS IN BUSINESS MATTERS, DEVELOP TOURISM IN THE AREA & ENHANCE ECONOMIC (SEE SCH O) CONDITIONS OF THE AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CHAMBER IS A MEMBERSHIP ORGANIZATION WITH APPROXIMATELY 455 MEMBERS. THE MEMBERS ARE ENTITLED TO THE FOLLOWING: A MONTHLY NEWSLETTER, MONTHLY MEETINGS THAT PROVIDE NETWORKING OPPORTUNITIES, EDUCATIONAL PROGRAMS AND PROMOTIONAL PROGRAMS, ACCESS TO GROUP HEALTH INSURANCE, A VENUE TO PROVIDE INFORMATION ABOUT MEMBER BUSINESS AND BUSINESS TRAINING PROGRAMS.


VISITORS' INFORMATION CENTER AND TOURISM PROMOTION - COSTS TO STAFF, PROVIDE PROMOTIONAL RESOURCES AND MAINTAIN A VISITOR INFORMATION CENTER DEVELOPED AND SUPPORTED UNDER THE AUSPICES OF THE STATE.


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Board, Officers & Key Employees

Name (title)Compensation
Diana M Szynal
Executive Director (until 6/2022)
$83,849
Linda Dunlavy
Executive Committee Member
$0
Amanda Abramson Clarke
Member
$0
Rebecca Bialecki
Member
$0
Michael E Tucker
Executive Committee Member
$0
Elizabeth Fisk
Past Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $230,530
All other contributions, gifts, grants, and similar amounts not included above$5,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$235,530
Total Program Service Revenue$125,124
Investment income $56
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $14,837
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$1,513
Miscellaneous Revenue$0
Total Revenue $401,422

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