Clarence Hollow Merchants Association Inc
- Assets
- $32.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clarence, NY
- Founding
- 11/1991
- Data as of
- 12/2021
- EIN
- 16-1295018
Organization Overview
Clarence Hollow Merchants Association Inc is located in Clarence, NY. The organization was established in 1991. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Clarence Hollow Merchants Association 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, Clarence Hollow Merchants Association Inc generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $14.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) 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
TO PROMOTE, IMPROVE AND MAINTAIN THE QUALITY OF LIFE, THE PROSPERITY OF BUSINESS AND THE HISTORIC CHARM OF CLARENCE HOLLOW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Lenz Director | 0 | $0 | |
Domenic Cortese Vice Preside | 0 | $0 | |
Illene Polley Director | 0 | $0 | |
Paul Cambria Director | 0 | $0 | |
Heather Milone Treasurer | 0 | $0 | |
Jean O'connell President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,310 |
| Total Program Service Revenue | $1,742 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$930 |
| Other Revenue | $0 |
| Total Revenue | $10,122 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $226 |
| Other expenses | $14,723 |
| Total expenses | $14,949 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,344 |
| Other assets | $0 |
| Total assets | $32,344 |
| Total liabilities | $1,702 |
| Net assets or fund balances | $30,642 |
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