Titusville Area Chamber Of Commerce
- Assets
- $55.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Titusville, PA
- Founding
- 08/1942
- Data as of
- 12/2020
- EIN
- 25-0839795
Organization Overview
Titusville Area Chamber Of Commerce is located in Titusville, PA. The organization was established in 1942. 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. Titusville 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 12/2020, Titusville Area Chamber Of Commerce generated $84.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $64.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDED SUPPORT TO LOCAL BUSINESSES WITHIN THE JURISDICTION OF THE TITUSVILLE CHAMBER OR COMMERCE'S AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darlene Maginnis Director Operations | 40 | $25,000 | |
Raeann Rauch Treasurer | 1 | $0 | |
Chad Covell Vice President | 2 | $0 | |
Maloy Shrout President | 20 | $0 | |
Corlene Dailey Board Member | 1 | $0 | |
Jessica Stover Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,091 |
| Total Program Service Revenue | $3,980 |
| Membership dues | $40,611 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,766 |
| Other Revenue | $380 |
| Total Revenue | $84,181 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,176 |
| Professional fees and other payments to independent contractors | $900 |
| Occupancy, rent, utilities, and maintenance | $12,214 |
| Printing, publications, postage, and shipping | $1,410 |
| Other expenses | $24,995 |
| Total expenses | $64,695 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,055 |
| Other assets | $0 |
| Total assets | $55,914 |
| Total liabilities | $13,218 |
| Net assets or fund balances | $42,696 |
Peer Organizations
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|---|---|---|
Gs1 Go Gsmp Inc Ewing, NJ | $1,816,675 | $9,656,925 |
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Intermodal Association Of North America Inc Calverton, MD | $29,793,038 | $11,206,056 |
Valley Forge Convention & Visitors Bureau Ltd King Of Prussia, PA | $5,553,675 | $9,336,877 |
New York State Society Of Cpas New York, NY | $15,747,345 | $10,100,943 |
Cincinnati Usa Regional Chamber Foundation Cincinnati, OH | $5,241,564 | $8,994,630 |
My Sisters Place Inc White Plains, NY | $7,100,374 | $7,997,119 |
The Partnership For New York City Inc New York, NY | $50,256,117 | $10,277,356 |
Cat Nms Llc New York, NY | $0 | $6,303,484 |
Iab Technology Laboratory Inc New York, NY | $6,942,203 | $8,765,752 |
Hotel Association Of New York City Inc New York, NY | $10,787,267 | $6,155,523 |