Tompkins County Chamber Of Commerce Inc

Organization Overview

Tompkins County Chamber Of Commerce Inc is located in Ithaca, NY. The organization was established in 1977. 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 12/2023, Tompkins County Chamber Of Commerce Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tompkins County Chamber Of Commerce 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 12/2023, Tompkins County Chamber Of Commerce Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 3.7% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO FOSTER SUSTAINABLE ECONOMIC GROWTH THROUGH SERVICE TO OUR MEMBERS, STRATEGIC ADVOCACY, WORKFORCE DEVELOPMENT, DESTINATION MARKETING, AND QUALITY OF LIFE INVESTMENTS. OUR VISION IS AN INCLUSIVE COMMUNITY, WHERE PEOPLE AND BUSINESSES THRIVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONVENTION AND VISITORS BUREAU - TO PROMOTE TOMPKINS COUNTY FOR CONVENTIONS AND TOURISM THROUGH DISTRIBUTION OF BROCHURES, MAPS, AND OTHER PROMOTIONAL MATERIAL. NOTE: PROGRAM SERVICE EXPENSES DOES NOT INCLUDE ALLOCATION OF MANAGEMENT AND GENERAL EXPENSES.


MEMBER SERVICES - SUPPORT OF MEMBERS, ON THE JOB TRAINING, AND OTHER SUPPORTING SERVICES.EVENTS - ANNUAL DINNER, BUSINESS AFTER HOURS, AND OTHER VARIOUS - TO PROMOTE, RECOGNIZE, ENCOURAGE PARTICIPATION AND FORM A GATHERING PLACE AND NETWORKING ENVIRONMENT FOR TOMPKINS COUNTY BUSINESSES.NOTE: PROGRAM SERVICE EXPENSES DOES NOT INCLUDE MANAGEMENT AND GENERAL.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $118,495
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$118,495
Total Program Service Revenue$2,334,059
Investment income $9,425
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $42,302
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $72,710
Miscellaneous Revenue$0
Total Revenue $2,600,317

Peer Organizations

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Worcester Regional Chamber Of Commerce
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Better Business Bureau Inc
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York County Convention & Visitors Bureau Inc
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