Parsippany Area Chamber Of Commerce
- Assets
- $17.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Parsippany, NJ
- Founding
- 03/1990
- Data as of
- 06/2022
- EIN
- 22-2937956
Organization Overview
Parsippany Area Chamber Of Commerce is located in Parsippany, NJ. The organization was established in 1990. 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. Parsippany 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 06/2022, Parsippany Area Chamber Of Commerce generated $9.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $19.1k during the year ending 06/2022. 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
MEETINGS AND NETWORKING TO INCREASE INTERACTIONS BETWEEN PARSIPPANY BASED BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Peluso President | 30 | $0 | |
Ildiko S Peluso Board Member | 1 | $0 | |
Alan S Golub ESQ Board Member | 1 | $0 | |
Nicolas Limanov Board Member | 1 | $0 | |
Robert Greulich Treasurer | 1 | $0 | |
Dr Patrick Selimo Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,762 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,762 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,138 |
| Printing, publications, postage, and shipping | $18 |
| Other expenses | $11,924 |
| Total expenses | $19,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,222 |
| Other assets | $0 |
| Total assets | $17,222 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,222 |
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