Hampshire Area Chamber Of Commerce
- Assets
- $21.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hampshire, IL
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 30-0355727
Organization Overview
Hampshire Area Chamber Of Commerce is located in Hampshire, IL. The organization was established in 2019. 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. Hampshire Area 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, Hampshire Area Chamber Of Commerce generated $67.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $57.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
FOSTERED COMMUNITY OUTREACHES TO BRING BUSINESSES AND PEOPLE TOGETHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Barreles Secretary | 2 | $0 | |
Nichole Rieger Vice President | 2 | $0 | |
Robenette Burklow President | 2 | $0 | |
Cindy Sammarco Director | 2 | $0 | |
Elizabeth Magnussen Treasurer | 2 | $0 | |
Jeanie Mayer Exec. Director | 25 | $39,065 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,753 |
| Total Program Service Revenue | $7,705 |
| Membership dues | $29,233 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,715 |
| Other Revenue | $12,023 |
| Total Revenue | $67,429 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,065 |
| Professional fees and other payments to independent contractors | $280 |
| Occupancy, rent, utilities, and maintenance | $2,975 |
| Printing, publications, postage, and shipping | $927 |
| Other expenses | $14,154 |
| Total expenses | $57,401 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,795 |
| Other assets | $0 |
| Total assets | $21,795 |
| Total liabilities | $9,503 |
| Net assets or fund balances | $12,292 |