Matawan Aberdeen Chamber Of Commerce Inc is located in Matawan, NJ. The organization was established in 2006. 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. Matawan Aberdeen 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 09/2022, Matawan Aberdeen Chamber Of Commerce Inc generated $91.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $93.7k during the year ending 09/2022. While expenses have increased by 12.2% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
ADVANCED THE ECONOMIC, INDUSTRIAL, PROFESSIONAL, CIVIC AND CULTURAL WELFARE OF THE AREA AND SUPPORTED BENEFICIAL TO THE COMMUNITY AND AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey Pantelas President | 1 | $0 | |
Kimberly Paone Vice President | 1 | $0 | |
Barbara Downs-Mcnulty Secretary | 1 | $0 | |
Michael Grandi Treasurer | 1 | $0 | |
Christopher Parmigiani Board Member | 1 | $0 | |
Marcia Myers Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,745 |
Total Program Service Revenue | $60,218 |
Membership dues | $28,196 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $91,159 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $53,350 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $40,351 |
Total expenses | $93,701 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $37,962 |
Other assets | $0 |
Total assets | $37,962 |
Total liabilities | $0 |
Net assets or fund balances | $37,962 |
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