Chamber Of Commerce Of The Tonawandas Inc
- Assets
- $106.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Tonawanda, NY
- Founding
- 10/1952
- Data as of
- 12/2022
- EIN
- 16-0371125
Organization Overview
Chamber Of Commerce Of The Tonawandas Inc is located in North Tonawanda, NY. The organization was established in 1952. 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. Chamber Of Commerce Of The Tonawandas 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 12/2022, Chamber Of Commerce Of The Tonawandas Inc generated $127.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $121.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) 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
2022
Describe the Organization's Program Activity:
Part 3
DURING THE YEAR VARIOUS EVENTS WERE HELD TO PROVIDE BUSINESS AND THE COMMUNITY OPPORTUNITIES TO NETWORK. THESE EVENTS INCLUDED THE ANNUAL DINNER, GOLF OUTING AND MEMBER MIXERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Nelson Executive Dir. | 40 | $50,192 | |
Arthur Pappas President | 1 | $0 | |
Margaret Higgins 1st Vice Pres | 1 | $0 | |
Elisabeth Carlson 2nd Vice Pres | 1 | $0 | |
Joseph Cassata Director | 1 | $0 | |
Beverly Loxterman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,870 |
| Total Program Service Revenue | $4,314 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,323 |
| Other Revenue | $0 |
| Total Revenue | $127,507 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,600 |
| Professional fees and other payments to independent contractors | $15,321 |
| Occupancy, rent, utilities, and maintenance | $21,206 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,246 |
| Total expenses | $121,373 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,224 |
| Other assets | $0 |
| Total assets | $106,736 |
| Total liabilities | $20,302 |
| Net assets or fund balances | $86,434 |