The Salem County Chamber Of Commerce Inc
- Assets
- $184.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carneys Point, NJ
- Founding
- 04/1997
- Data as of
- 12/2021
- EIN
- 21-0674890
Organization Overview
The Salem County Chamber Of Commerce Inc is located in Carneys Point, NJ. The organization was established in 1997. 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. Salem County 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 12/2021, Salem County Chamber Of Commerce Inc generated $165.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $101.5k during the year ending 12/2021. 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 ADVANCE THE COMMERCIAL, INDUSTRIAL, CIVIC AND GENERAL INTERESTS OF THE COUNTY OF SALEM, N.J.; TO PROMOTE COOPERATION IN ALL MATTERS OF INTEREST TO THE BUSINESS OWNERS AND PROFESSIONALS OF THE COUNTY; TO COMPILE AND DISTRIBUTE INFORMATION TO CHAMBER MEMBERS FOR THEIR BENEFIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Bailey Trustee | 5 | $0 | |
Theresa Widger Vice Chair | 5 | $0 | |
Doug Painter Trustee | 5 | $0 | |
Michael Ashworth Trustee | 5 | $0 | |
Jennifer Jones Director & C | 40 | $0 | |
Michael Gorman Board Secret | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $70,971 |
| Membership dues | $66,592 |
| Investment income | $713 |
| Gain or Loss | $1,714 |
| Net Income from Gaming & Fundraising | $14,873 |
| Other Revenue | $10,700 |
| Total Revenue | $165,563 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,066 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,000 |
| Printing, publications, postage, and shipping | $924 |
| Other expenses | $21,510 |
| Total expenses | $101,500 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $183,441 |
| Other assets | $0 |
| Total assets | $184,753 |
| Total liabilities | $29,119 |
| Net assets or fund balances | $155,634 |
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