Port Chester-Town Of Rye Chamber Of Commerce & Civic Association Inc
- Assets
- $6.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Port Chester, NY
- Founding
- 03/1961
- Data as of
- 06/2023
- EIN
- 13-1861101
Organization Overview
Port Chester-Town Of Rye Chamber Of Commerce & Civic Association Inc is located in Port Chester, NY. The organization was established in 1961. 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. Port Chester-Town Of Rye Chamber Of Commerce & Civic Association 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 06/2023, Port Chester-Town Of Rye Chamber Of Commerce & Civic Association Inc generated $39.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $40.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE LOCAL BUSINESS ACTIVITIES AND DISSEMINATE INFORMATION TO LOCAL MERCHANTS THROUGH MONTHLY MEETINGS AND NEWSLETTERS, TO KEEP MERCHANTS AWARE OF NEW DEVELOPMENTS IN THE COMMUNITY, TO COORDINATE RELATIONS BETWEEN MERCHANTS AND LOCAL GOVERNMENT, TO BE AN ADVOCATE FOR LOCAL BUSINESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vivian Portillo Director | 1 | $0 | |
Frank Madonia Chairman | 10 | $0 | |
Dan Colangelo Treasurer | 3 | $0 | |
George Latimer Director | 1 | $0 | |
Michael Borrelli Director | 1 | $0 | |
Stuart Rabin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $590 |
| Total Program Service Revenue | $2,650 |
| Membership dues | $16,005 |
| Investment income | $37 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,788 |
| Other Revenue | $40 |
| Total Revenue | $39,110 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,409 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,500 |
| Total expenses | $40,509 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,740 |
| Other assets | $0 |
| Total assets | $6,932 |
| Total liabilities | $1,116 |
| Net assets or fund balances | $5,816 |