Shenango Valley Chamber Of Commerce

Organization Overview

Shenango Valley Chamber Of Commerce is located in Sharon, 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. As of 12/2022, Shenango Valley Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shenango Valley 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, Shenango Valley Chamber Of Commerce generated $142.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $127.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE SHENANGO VALLEY CHAMBER OF COMMERCE IS TO BE AN ADVOCATE FOR BUSINESS, TO PROMOTE BUSINESS ALLIANCES, TO PROVIDE VALUABLE BENEFITS AND SERVICES TO OUR MEMBERS, AND TO BE A LEADER FOR ECONOMIC DEVELOPMENT EFFORTS IN THE SHENANGO VALLEY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE AND ENCOURAGE ECONOMIC DEVELOPMENT IN THE SHENANGO VALLEY AND TO PROVIDE SUPPORT TO EXISTING BUSINESSES


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Board, Officers & Key Employees

Name (title)Compensation
David Grande
President
$0
Jennifer Bartholomew
Vice President
$0
Julie Cylenica
Board Member
$0
Maggie Horne
Secretary
$0
Cheryl Goldstone
Board Member
$0
Tracy Schliep
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$9,850
Related organizations$0
Government grants $22,495
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$32,345
Total Program Service Revenue$95,500
Investment income $40
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,133
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $9,792
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $142,927

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