Newark Chamber Of Commerce Inc is located in Newark, NY. The organization was established in 1945. 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. Newark 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 09/2019, Newark Chamber Of Commerce Inc generated $41.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.9% each year . All expenses for the organization totaled $25.5k during the year ending 09/2019. While expenses have increased by 2.9% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
PROMOTION AND SUPPORT OF LOCAL BUSINESSES
PROMOTION AND SUPPORT OF LOCAL BUSINESSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jessica Wells President | 2 | $0 | |
Steven Hassler Vice President | 1 | $0 | |
Shari List Secretary/treasurer | 2 | $0 | |
Adam Casper Director | 1 | $0 | |
Tami Cocuzzi Director | 1 | $0 | |
Brenda Delyser Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $17,650 |
Total Program Service Revenue | $5,052 |
Membership dues | $15,224 |
Investment income | $11 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,616 |
Other Revenue | $0 |
Total Revenue | $41,553 |
Statement of Expenses | |
---|---|
Total expenses | $25,540 |
Balance Sheet | |
---|---|
Total assets | $27,671 |
Total liabilities | $0 |
Net assets or fund balances | $27,671 |