New Kent Chamber Of Commerce
- Assets
- $42.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Kent, VA
- Founding
- 03/2008
- Data as of
- 12/2019
- EIN
- 13-4318388
Organization Overview
New Kent Chamber Of Commerce is located in New Kent, VA. The organization was established in 2008. 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. New Kent 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 12/2019, New Kent Chamber Of Commerce generated $19.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $33.4k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Whitney Queen Coordinator | 20 | $15,394 | |
Mark Plostock Treasurer | 2.5 | $0 | |
Don Hillbush Past President | 2 | $0 | |
Larry Reynolds President | 2 | $0 | |
Jessica Hoskins Secretary | 2.25 | $0 | |
Marion Shackford Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,355 |
| Investment income | $152 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,058 |
| Other Revenue | $0 |
| Total Revenue | $19,565 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,394 |
| Professional fees and other payments to independent contractors | $1,044 |
| Occupancy, rent, utilities, and maintenance | $500 |
| Printing, publications, postage, and shipping | $1,937 |
| Other expenses | $14,499 |
| Total expenses | $33,374 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,247 |
| Other assets | $0 |
| Total assets | $42,247 |
| Total liabilities | $839 |
| Net assets or fund balances | $41,408 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Iron And Steel Institute Washington, DC | $8,995,281 | $11,889,127 |
Helicopter Association International Inc Alexandria, VA | $38,045,658 | $4,215,283 |
Association Of American Publishers Inc Washington, DC | $3,482,089 | $6,511,300 |
American Resorts & Residential Dev Washington, DC | $15,913,625 | $10,097,639 |
Touchstone Energy Cooperative Inc Arlington, VA | $11,702,200 | $9,798,586 |
International Zinc Association Durham, NC | $9,583,285 | $9,824,037 |
Financial Services Institute Inc Washington, DC | $15,307,729 | $9,484,774 |
Association For Unmanned Vehicle Systems International Arlington, VA | $11,175,966 | $8,710,398 |
American Urologigal Association Inc Linthicum Heights, MD | $11,900,601 | $8,448,831 |
Reinsurance Association Of America Washington, DC | $8,490,929 | $8,536,934 |
Intermodal Association Of North America Inc Calverton, MD | $29,793,038 | $11,206,056 |
340b Health Washington, DC | $25,548,585 | $9,750,586 |