Montgomery County Chamber Of Commerce is located in King Of Prussia, PA. The organization was established in 1975. 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. Montgomery 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, Montgomery County Chamber Of Commerce generated $155.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $173.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 8 years. 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
PROMOTE BUSINESS & COMMUNITY GROWTH; STRENGTHEN INCOME POTENTIAL OF MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ryan Rosenbaum Executive Dir. | 40 | $71,950 | |
Seyi Effraim Director | 2 | $0 | |
Jules Deluzio Director | 2 | $0 | |
Kristin Legnola Director | 2 | $0 | |
Andrew T Gilinsky Treasurer | 2 | $0 | |
Ashley Ridolfi Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $26,310 |
Membership dues | $91,726 |
Investment income | $29,367 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $7,579 |
Total Revenue | $154,982 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $98,864 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,902 |
Other expenses | $72,301 |
Total expenses | $173,067 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $58,275 |
Other assets | $0 |
Total assets | $395,616 |
Total liabilities | $194,186 |
Net assets or fund balances | $201,430 |
Over the last fiscal year, we have identified 2 grants that Montgomery County Chamber Of Commerce has recieved totaling $250.
Awarding Organization | Amount |
---|---|
Bjnb Foundation Inc Gladwyne, PA PURPOSE: FOR ORGANIZATION'S EXEMPT PURPOSE | $125 |
Bjnb Foundation Inc Gladwyne, PA PURPOSE: FOR ORGANIZATION'S EXEMPT PURPOSE | $125 |
Organization Name | Assets | Revenue |
---|---|---|
Nysa-Ila Container Royalty Fund Jersey City, NJ | $55,480,172 | $104,394,382 |
Unsatisfied Claims & Judgement Fund Basking Ridge, NJ | $69,007,782 | $67,404,449 |
Gs1 Us Inc Ewing, NJ | $478,037,755 | $93,863,501 |
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 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |
Global Associations Of Risk Proffesionals Inc Jersey City, NJ | $66,882,119 | $55,059,565 |
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 |