Chamber Of Commerce Of Hornell N Y Inc
- Assets
- $234.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hornell, NY
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 16-0847479
Organization Overview
Chamber Of Commerce Of Hornell N Y Inc is located in Hornell, NY. The organization was established in 0000. 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 Hornell N Y 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 12/2021, Chamber Of Commerce Of Hornell N Y Inc generated $148.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $83.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
WORKED TO PROMOTE THE CITY OF HORNELL AND MEMBER BUSINESSES IN ORDER TO STIMULATE THE ECONOMIC GROWTH AND DEVELOPMENT OF THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Griffin President & CEO | 15 | $20,881 | |
Mike Davidson Chairman | 2 | $0 | |
Ed Flaitz Vice Chairman | 2 | $0 | |
Jeremy Bittel Vice Chairman | 2 | $0 | |
Julie Monahan Director | 2 | $0 | |
Michelle Pogue Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,500 |
| Total Program Service Revenue | $22,953 |
| Membership dues | $38,325 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $35,525 |
| Total Revenue | $148,303 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,922 |
| Professional fees and other payments to independent contractors | $2,500 |
| Occupancy, rent, utilities, and maintenance | $16,138 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,548 |
| Total expenses | $83,108 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $199,498 |
| Other assets | $0 |
| Total assets | $234,772 |
| Total liabilities | $66,097 |
| Net assets or fund balances | $168,675 |
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