Southeastern Chester County Chamber Of Commerce is located in West Grove, PA. The organization was established in 1945. 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, Southeastern Chester County Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Chester County 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, Southeastern Chester County Chamber Of Commerce generated $227.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $254.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTS AND PROMOTES BUSINESS AND ECONOMIC DEVELOPMENT IN THE SOUTHERN CHESTER COUNTY REGION OF PENNSYLVANIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SERVICES TO ALMOST 500 MEMBERS AND PROMOTION OF BUSINESS WITHIN A GIVEN AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paula Paisley Treasurer | OfficerTrustee | 3 | $0 |
Jason R Feller Director | Trustee | 1 | $0 |
Tim Moore Chairman Of The Board | OfficerTrustee | 3 | $0 |
Ron Bauguess Director | Trustee | 1 | $0 |
Melissa Dietrich Secretary | OfficerTrustee | 1 | $0 |
Christine S Gordon Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $109,675 |
Fundraising events | $25,752 |
Related organizations | $0 |
Government grants | $10,000 |
All other contributions, gifts, grants, and similar amounts not included above | $3,642 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $149,069 |
Total Program Service Revenue | $68,296 |
Investment income | $571 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $5,707 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $227,242 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $100 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $75,657 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $70,454 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $14,253 |
Payroll taxes | $14,954 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,374 |
Advertising and promotion | $0 |
Office expenses | $12,156 |
Information technology | $6,999 |
Royalties | $0 |
Occupancy | $13,675 |
Travel | $90 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,734 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,831 |
All other expenses | $0 |
Total functional expenses | $254,640 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $111,387 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $10,646 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $102 |
Net Land, buildings, and equipment | $2,222 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,100 |
Total assets | $125,457 |
Accounts payable and accrued expenses | $988 |
Grants payable | $0 |
Deferred revenue | $35,618 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $36,606 |
Net assets without donor restrictions | $88,851 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $125,457 |