Ridgway Elk County Chamber Of Comme Rce
- Assets
- $152.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ridgway, PA
- Founding
- 12/1946
- Data as of
- 12/2021
- EIN
- 25-1066456
Organization Overview
Ridgway Elk County Chamber Of Comme Rce is located in Ridgway, PA. The organization was established in 1946. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Ridgway Elk County Chamber Of Comme Rce 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 12/2021, Ridgway Elk County Chamber Of Comme Rce generated $64.9k 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 (5.4%) each year. All expenses for the organization totaled $61.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
CORPORATION IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE ECONOMIC, COMMERCIAL, INDUSTRIAL, PROFESSIONAL, CULTURAL AND CIVIC WELFARE OF RIDGWAY, PA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Hovatter Vice-Preside | 0 | $0 | |
John Thomas Director | 0 | $0 | |
Heather Vargas Director | 0 | $0 | |
Steve Caggeso President | 0 | $0 | |
Rachel Wolfel Director | 0 | $0 | |
Jamie Kline Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,480 |
| Total Program Service Revenue | $0 |
| Membership dues | $19,500 |
| Investment income | $180 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,726 |
| Other Revenue | $0 |
| Total Revenue | $64,886 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,687 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,794 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,006 |
| Total expenses | $61,487 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,321 |
| Other assets | $0 |
| Total assets | $152,685 |
| Total liabilities | $0 |
| Net assets or fund balances | $152,685 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
York County Economic Alliance York, PA | $4,435,375 | $9,671,986 |
Ascendus Inc New York, NY | $45,777,812 | $14,588,685 |
Bridgeway Capital Inc Pittsburgh, PA | $100,800,088 | $11,446,748 |
Altoona-Blair County Development Corporation Altoona, PA | $122,969,142 | $33,416,279 |
Greater Wilkes-Barre Industrial Fund Inc Wilkesbarre, PA | $1,685,287 | $7,409,722 |
Broad Hollow Bioscience Park Inc Farmingdale, NY | $30,625,721 | $3,689,454 |
Better Business Bureau Of Metropolitan New York Inc New York, NY | $2,973,168 | $5,685,810 |
Delaware Innovation Space Inc Wilmington, DE | $37,512,431 | $6,834,996 |
Ohio Community Development Finance Fund Columbus, OH | $57,278,842 | $7,712,446 |
Maryland Mep Inc Columbia, MD | $556,379 | $4,266,915 |
New York Society Of Security Analysts Inc New York, NY | $12,287,632 | $4,837,133 |
Better Business Bureau Inc Amherst, NY | $5,688,613 | $4,388,157 |