County Chamber Of Commerce Inc, operating under the name The Business Council Of Westchester, is located in Rye Brook, NY. The organization was established in 1943. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Business Council Of Westchester employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Business Council Of Westchester 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, Business Council Of Westchester generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BUSINESS COUNCIL OF WESTCHESTER'S MISSION IS TO WORK HARD TO GROW THE ECONOMY, CREATE JOBS AND BUILD A STRONG BUSINESS COMMUNITY IN WESTCHESTER COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS WESTCHESTER COUNTYS LARGEST AND MOST INFLUENTIAL BUSINESS MEMBERSHIP ORGANIZATION, THE BUSINESS COUNCIL OF WESTCHESTER IS COMMITTED TO HELPING OUR MEMBERS BUILD THEIR BUSINESSES, CONNECT WITH CUSTOMERS, BUSINESS PEERS AND THOUGHT-LEADERS, AND WIN THE DAY, THE DEAL AND THEIR BOTTOM LINES. DURING THE PANDEMIC, THE BUSINESS COUNCIL OF WESTCHESTER BECAME THE INFORMATION RESOURCE CENTER, EDUCATOR AND CONNECTOR FOR MEMBER AND NON- MEMBER BUSINESSES OF ALL SIZES IN WESTCHESTER COUNTY TO KEEP THE ECONOMY MOVING FORWARD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marsha Gordon CEO | Officer | 45 | $311,400 |
John Ravitz COO | Officer | 45 | $235,000 |
Anthony Justic Imm Past Cha | OfficerTrustee | 1 | $0 |
Heidi Davidson Chairperson | OfficerTrustee | 1 | $0 |
Tim Jones Vice Chair | OfficerTrustee | 1 | $0 |
James Giangrande Vice Chair | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Thompson Bender Marketing/pr | 12/30/20 | $127,840 |
Weitzman Assoc Llc Consultants | 12/30/20 | $105,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $229,547 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $229,547 |
Total Program Service Revenue | $2,376,809 |
Investment income | $2,820 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,609,176 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $546,400 |
Compensation of current officers, directors, key employees. | $136,600 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $249,100 |
Pension plan accruals and contributions | $26,525 |
Other employee benefits | $56,447 |
Payroll taxes | $46,344 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,500 |
Fees for services: Accounting | $65,578 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $262,205 |
Advertising and promotion | $70,235 |
Office expenses | $100,237 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $109,975 |
Travel | $23,536 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $256,811 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,721 |
Insurance | $9,390 |
All other expenses | $0 |
Total functional expenses | $1,848,487 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $757,155 |
Savings and temporary cash investments | $1,660,411 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $98,778 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $33,619 |
Net Land, buildings, and equipment | $11,688 |
Investments—publicly traded securities | $141,736 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $9,193 |
Total assets | $2,712,580 |
Accounts payable and accrued expenses | $47,938 |
Grants payable | $0 |
Deferred revenue | $496,285 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $206,880 |
Total liabilities | $751,103 |
Net assets without donor restrictions | $1,786,470 |
Net assets with donor restrictions | $175,007 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,712,580 |
Over the last fiscal year, we have identified 2 grants that County Chamber Of Commerce Inc has recieved totaling $30,000.
Awarding Organization | Amount |
---|---|
White Plains Hospital Medical Center White Plains, NY PURPOSE: Sponsorship | $20,000 |
Montefiore Medical Center Bronx, NY PURPOSE: SPONSORSHIP | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Real Estate Board Of New York Inc New York, NY | $13,608,943 | $14,285,773 |
Philadelphia Convention & Visitors Bureau Of The Chamber Of Commerce Philadelphia, PA | $21,636,489 | $20,955,897 |
The Chamber Of Commerce For Greater Philadelphia Philadelphia, PA | $17,253,411 | $11,743,354 |
United States Council For International Business New York, NY | $8,377,861 | $9,810,410 |
New Jersey Association Of Realtors Trenton, NJ | $35,262,029 | $9,547,353 |
Long Island Board Of Realtors Inc West Babylon, NY | $32,824,680 | $7,922,994 |
German American Chamber Of Commerce Inc New York, NY | $3,820,432 | $6,890,973 |
Buffalo Niagara Convention & Vistors Bureau Inc Buffalo, NY | $3,394,435 | $6,164,269 |
Lake Placid Chamber Of Commerce Inc Lake Placid, NY | $4,857,333 | $6,938,582 |
Economic Development Council Of Western Massachusetts Inc Springfield, MA | $1,229,213 | $5,047,431 |
Independent Drivers Guild Inc Long Island City, NY | $5,104,857 | $7,835,962 |
Greater Lehigh Valley Chamber Of Commerce Easton, PA | $3,461,943 | $5,381,256 |