Montgomery Business Association is located in Skillman, NJ. The organization was established in 2014. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Montgomery Business Association 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, Montgomery Business Association generated $21.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $16.5k during the year ending 12/2021. 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
SOCIALS/NETWORKING MEETINGS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Danner President | 6 | $0 | |
Cynthia Weshnak Vice President | 2 | $0 | |
Cory Wingerter Secretary | 2 | $0 | |
Susan Mullin Treasurer | 2 | $0 | |
Tony Parziale Membership Co Chairman | 2 | $0 | |
Todd Gasior Membership Co Chairman | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
Total Program Service Revenue | $1,910 |
Membership dues | $18,939 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $21,349 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $16,492 |
Total expenses | $16,492 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $16,092 |
Other assets | $0 |
Total assets | $16,092 |
Total liabilities | $5,628 |
Net assets or fund balances | $10,464 |
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