Spencer Chamber Of Commerce Inc
- Assets
- $49.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spencer, NY
- Founding
- 12/2008
- Data as of
- 12/2017
- EIN
- 26-1344457
Organization Overview
Spencer Chamber Of Commerce Inc is located in Spencer, NY. The organization was established in 2008. 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. Spencer Chamber Of Commerce Inc 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 12/2017, Spencer Chamber Of Commerce Inc generated $8.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $6.2k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 3 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
2017
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE COMMUNITY AND BUSINESSES OF THE TOWN OF SPENCER, NY AND THE SURROUNDING AREA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Desmonne Vanriper Secretary | 2 | $0 | |
Karen Johnson Vice President | 2 | $0 | |
Michael Witmarsh President | 2 | $0 | |
Mary Hodges Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Membership dues | $45 |
| Investment income | $86 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,841 |
| Other Revenue | $0 |
| Total Revenue | $8,472 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $615 |
| Occupancy, rent, utilities, and maintenance | $74 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,491 |
| Total expenses | $6,180 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,451 |
| Other assets | $0 |
| Total assets | $49,451 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,451 |
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