Orleans County Chamber Of Commerce
- Assets
- $78.3k
- Revenue
- $41.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Medina, NY
- Founding
- 12/2000
- Data as of
- 04/2020
- EIN
- 16-1579470
Organization Overview
Orleans County Chamber Of Commerce is located in Medina, NY. The organization was established in 2000. 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. As of 04/2020, Orleans County Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orleans County Chamber Of Commerce 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 04/2020, Orleans County Chamber Of Commerce generated $41.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $75.8k during the year ending 04/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE BUSINESS & TOURISM IN ORLEANS COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS: ENHANCE & PROMOTE USING PROGRAMS, FORUMS AND OTHER MATERIALS TO INCREASE BUSINESS & COMMUNITY DEVELOPMENT
TOURISM: PROVIDE INFORMATION TO TOURIST AND PROMOTE LOCAL TOURISM
BUSINESS: ENHANCE & PROMOTE USING PROGRAMS, FORUMS AND OTHER MATERIALS TO INCREASE BUSINESS & COMMUNITY DEVELOPMENT
TOURISM: PROVIDE INFORMATION TO TOURIST AND PROMOTE LOCAL TOURISM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darlene Hartway Executive Dir. | Trustee | 30 | $18,323 |
Bryan Degraw Secretary | Officer | 5 | $0 |
Adam Johnson Treasurer | Officer | 5 | $0 |
Paula Knaak President | Officer | 1 | $0 |
Liz Midkiff Vice President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,550 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $854 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,829 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $18,323 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,026 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,738 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $210 |
| Office expenses | $958 |
| Information technology | $3,249 |
| Royalties | $0 |
| Occupancy | $649 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $155 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27 |
| Insurance | $3,790 |
| All other expenses | $0 |
| Total functional expenses | $75,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,985 |
| Savings and temporary cash investments | $24,184 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $200 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $78,318 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,266 |
| Total liabilities | $1,266 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $77,052 |
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