Wethersfield Chamber Of Commerce Incorporated
- Assets
- $55.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wethersfield, CT
- Founding
- 05/1966
- Data as of
- 05/2022
- EIN
- 06-6079960
Organization Overview
Wethersfield Chamber Of Commerce Incorporated is located in Wethersfield, CT. The organization was established in 1966. 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. Wethersfield Chamber Of Commerce Incorporated 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 05/2022, Wethersfield Chamber Of Commerce Incorporated generated $60.2k 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 (5.8%) each year. All expenses for the organization totaled $57.7k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (7.4%) 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
ASSIST IN DEVELOPING COMMUNITY PROJECTS AND OTHER ACTIVITIESIN COOPERATION WITH LOCAL GOVERNMENT AND CIVIC ORGANIZATIONS.PROGRAMS AID IN THE PLANNING AND DEVELOPMENT OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Raymond Exec Director | 20 | $22,939 | |
Leslie Esoian Exec Director | 20 | $1,128 | |
Brian Wilkinson Treasurer | 1 | $0 | |
Julie Lemos Secretary | 1 | $0 | |
Peter O'keefe Vice President | 1 | $0 | |
Pat Deperry President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $26,014 |
| Membership dues | $21,355 |
| Investment income | $254 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,607 |
| Total Revenue | $60,230 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,067 |
| Professional fees and other payments to independent contractors | $6,000 |
| Occupancy, rent, utilities, and maintenance | $5,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,167 |
| Total expenses | $57,734 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,510 |
| Other assets | $0 |
| Total assets | $55,145 |
| Total liabilities | $3,238 |
| Net assets or fund balances | $51,907 |
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