Quaboag Hills Chamber Of Commerce Inc
- Assets
- $24.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmer, MA
- Founding
- 10/1978
- Data as of
- 09/2019
- EIN
- 04-2647209
Organization Overview
Quaboag Hills Chamber Of Commerce Inc is located in Palmer, MA. 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. Quaboag Hills 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 09/2019, Quaboag Hills Chamber Of Commerce Inc generated $137.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $133.0k during the year ending 09/2019. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
THE QUABOAG HILLS CHAMBER OF COMMERCE IS A MEMBERSHIP BASED BUSINESS ORGANIZATION THAT CREATES OPPORTUNITIES FOR MEMBERS TO NETWORK AND GROW THEIR BUSINESSES. MEMBERSHIP IS MADE UP OF APPROXIMATELY 300 BUSINESSES IN THE QUABOAG HILLS REGION OF MASSACHUSETTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard Weake President | 40 | $48,027 | |
Tanya Bullock Chairperson | 1 | $0 | |
Tracey Wrzesien Director | 1 | $0 | |
Renee Niedziela Treasurer | 1 | $0 | |
Michael Harris Trustee/dire | 1 | $0 | |
Julie Quink Past Chairpe | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $238 |
| Total Program Service Revenue | $70,722 |
| Membership dues | $64,215 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,335 |
| Total Revenue | $137,510 |
| Statement of Expenses | |
|---|---|
| Total expenses | $132,996 |
| Balance Sheet | |
|---|---|
| Total assets | $24,395 |
| Total liabilities | $43,782 |
| Net assets or fund balances | -$19,387 |
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