Mamaroneck Chamber Of Commerce Inc
- Assets
- $38.0k
- Revenue
- $89.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Mamaroneck, NY
- Founding
- 05/1978
- Data as of
- 12/2021
- EIN
- 13-1764746
Organization Overview
Mamaroneck Chamber Of Commerce Inc, operating under the name Mamaroneck CHamber of Commerce, is located in Mamaroneck, NY. 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. Mamaroneck 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 12/2021, Mamaroneck CHamber of Commerce generated $89.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $77.6k during the year ending 12/2021. While expenses have increased by 10.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
PROMOTE LOCAL BUSINESSES AND COMMUNITY SUPPORT AND EVENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
HURRICANE IDA COMMUNITY SUPPORT. IN RESPONSE TO HURRICANE IDA THE COMMUNITY MADE CONTRIBUTIONS WITH THE UNDERSTANDING THAT THE FUNDS WHERE TO BE USED FOR THE BENEFIT OF LOCAL BUSINESS THAT WERE AFFECTED BY THE HURRICANE.
CONDUCTED MONTHLY MEETINGS FOR MEMBERS TO KEEP THEM INFORMED OF PLANNED EVENTS AND PROVIDE A FORUM FOR COMMUNITY LEADERS TO DICUSSED PLANNED ACTIVITIES AFFECTING THE LOCAL BUSINESS COMMUNITY. IN ADDITION PROMOTED NETWORKING OPPORUNITIES TO THE MEMBERS OF THE CHAMBER BY ORGANIZING SOCIAL EVENTS (ANNUAL HOLIDAY PARTY, GOLF OUTINGS SPOOKTACULAR: ANNUAL HOLLOWEEN EVENT. BROUGHT THE COMMUNITY INTO THE VILLAGE. PROVIDED A PLACE FOR THE CHILDREN OF THE COMMUNITY TO BE A PART OF THE LOCAL BUSINESS COMMUNITY. PROVIDED GAMES, WINDOW PAINTING, FACE PAINTINGS. THEREBY PROMOTING THE MAMARONECK FRIENDLY VILLAGE THEME. ANNUAL TASTE OF MAMARONECK OFFERS A DISCOUNTED TOUR OF THE MANY RESTAURANTS LOCATED IN THE VILLAGE. THEREBY PROMOTING THE VARIOUS EATERIES WITHIN THE VILLAGE AND EXPOSING VILLAGERS AND OUTSIDERS TO THE OFFERINGS OF THE VILLAGE. STREET LAMP BANNERS PROVIDE COMMUNITY AWARENESS FOR OUR MEMBERS BY PROVIDING MEMBER SPONSORED STREET LAMP BANNERS
RECEIVED GRANT FROM WESTCHESTER COUNTY TO PROVIDE OPERATING ASSISTANCE TO THE CHAMBER DURING THE PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy Mourouzis-Palomares Vice President | OfficerTrustee | 5 | $0 |
Toni Picone Treasurer | OfficerTrustee | 3 | $0 |
Richard Leimgruber President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $29,764 |
| Fundraising events | $44,646 |
| Related organizations | $0 |
| Government grants | $15,000 |
| 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 | $89,410 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $89,410 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,168 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,071 |
| Office expenses | $6,345 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,950 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,301 |
| All other expenses | $0 |
| Total functional expenses | $77,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,708 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $300 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,008 |
| Accounts payable and accrued expenses | $1,925 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $1,925 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $36,083 |
| Total liabilities and net assets/fund balances | $38,008 |
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