Chambersburg Downtown Merchants Council Inc
- Assets
- $161.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chambersburg, PA
- Founding
- 02/1994
- Data as of
- 06/2021
- EIN
- 25-1699503
Organization Overview
Chambersburg Downtown Merchants Council Inc is located in Chambersburg, PA. The organization was established in 1994. 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. Chambersburg Downtown Merchants Council Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2021, Chambersburg Downtown Merchants Council Inc generated $91.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $62.7k during the year ending 06/2021. While expenses have increased by 4.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Penny Shaul Secretary | 2 | $0 | |
Mark Miller Treasurer | 2 | $0 | |
Nathan Rotz Director | 0.5 | $0 | |
Carlos Perez Director | 0.5 | $0 | |
Cindy Tewell President | 2 | $0 | |
Tina Bressler Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,835 |
| Total Program Service Revenue | $72,221 |
| Membership dues | $6,550 |
| Investment income | $225 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,440 |
| Total Revenue | $91,271 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,434 |
| Professional fees and other payments to independent contractors | $2,657 |
| Occupancy, rent, utilities, and maintenance | $3,100 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,500 |
| Total expenses | $62,691 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $160,659 |
| Other assets | $0 |
| Total assets | $161,841 |
| Total liabilities | $1,327 |
| Net assets or fund balances | $160,514 |
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