Eastern Monmouth Area Chamber Of Commerce is located in Tinton Falls, NJ. The organization was established in 1942. 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 12/2022, Eastern Monmouth Area Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern Monmouth Area 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 12/2022, Eastern Monmouth Area Chamber Of Commerce generated $108.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $161.3k during the year ending 12/2022. 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
TO ADVANCE THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE BUSINESS COMMUNITY SERVED BY THE EASTERN MONMOUTH AREA CHAMBER OF COMMERCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jane Tresnan Chairman | 0 | $0 | |
Marie Noglows Vice Chairma | 0 | $0 | |
Kevin Moedt Secretary | 0 | $0 | |
Kevin Muldowney Treasurer | 0 | $0 | |
Christopher Ryan Immed Past C | 0 | $0 | |
Ray Eckoff Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29,128 |
Total Program Service Revenue | $79,706 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $108,834 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $109,553 |
Professional fees and other payments to independent contractors | $3,930 |
Occupancy, rent, utilities, and maintenance | $16,561 |
Printing, publications, postage, and shipping | $622 |
Other expenses | $30,632 |
Total expenses | $161,298 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $72,719 |
Other assets | $0 |
Total assets | $134,823 |
Total liabilities | $104,075 |
Net assets or fund balances | $30,748 |