The Madison Chamber Of Commerce
- Assets
- $194.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, CT
- Founding
- 10/1984
- Data as of
- 06/2020
- EIN
- 22-2536920
Organization Overview
The Madison Chamber Of Commerce is located in Madison, CT. The organization was established in 1984. 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. Madison 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 06/2020, Madison Chamber Of Commerce generated $124.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $132.6k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eileen Banisch Executive Director | 40 | $67,178 | |
Michele Call Executive Assistant 2019 | 15 | $14,408 | |
Rose Mclaughlin President Elect | 5 | $0 | |
Beth Mcdevitt President | 5 | $0 | |
Robyn Collins-Wolcott Secretary | 5 | $0 | |
Kim Chorney Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $63,090 |
| Membership dues | $52,170 |
| Investment income | $5,604 |
| Gain or Loss | $520 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,495 |
| Total Revenue | $124,879 |
| Statement of Expenses | |
|---|---|
| Total expenses | $132,638 |
| Balance Sheet | |
|---|---|
| Total assets | $194,439 |
| Total liabilities | $0 |
| Net assets or fund balances | $194,439 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Swaps And Derivatives Association Inc New York, NY | $118,665,756 | $65,806,525 |
Association Of National Advertisers Inc New York, NY | $38,717,598 | $50,547,394 |
Ll Global Inc Of Connecticut Windsor, CT | $82,107,687 | $49,999,799 |
Natural Diamond Council Usa Inc New York, NY | $2,361,726 | $45,450,043 |
Better Health For Northeast New York Inc Albany, NY | $1,699,036 | $0 |
Hamaspik Of Orange County Inc Monroe, NY | $56,250,916 | $69,931,985 |
International Council Of Shopping Centers Inc New York, NY | $167,282,013 | $15,292,706 |
Housing Works Inc Brooklyn, NY | $30,231,683 | $31,989,444 |
Key Human Services Inc Wethersfield, CT | $14,644,434 | $25,649,507 |
Network Inc Andover, CT | $11,161,726 | $23,443,256 |
Broadway Cares-Equity Fights Aids Inc New York, NY | $15,399,806 | $32,018,599 |
Warren Alpert Foundation Providence, RI | $0 | $34,230,713 |