Fairborn Area Chamber Of Commerce
- Assets
- $304.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairborn, OH
- Founding
- 11/1973
- Data as of
- 12/2023
- EIN
- 31-0599366
Organization Overview
Fairborn Area Chamber Of Commerce is located in Fairborn, OH. The organization was established in 1973. 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. Fairborn 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 12/2023, Fairborn Area Chamber Of Commerce generated $160.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $189.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
MEMBERS OF THE BUSINESS COMMUNITY HAVE COORDINATED SOCIAL, PROFESSIONAL, EDUCATIONAL, AND OTHER BUSINESS EVENTS WHERE THE STATUS OF THE COMMUNITY OF FAIRBORN HAS BEEN ENHANCED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Smith President | 5 | $0 | |
Mike Mayer Immediate Past President | 5 | $0 | |
Ellen Slone-Farthing Director | 5 | $0 | |
Jackie Brockman Immediate Past President | 5 | $0 | |
Jessica Erbacher Director | 5 | $0 | |
Amanda Speakman Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,000 |
| Total Program Service Revenue | $111,384 |
| Membership dues | $35,866 |
| Investment income | $4,306 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $160,556 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $87,088 |
| Professional fees and other payments to independent contractors | $1,342 |
| Occupancy, rent, utilities, and maintenance | $15,108 |
| Printing, publications, postage, and shipping | $1,012 |
| Other expenses | $85,399 |
| Total expenses | $189,949 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,182 |
| Other assets | $0 |
| Total assets | $304,807 |
| Total liabilities | $3,775 |
| Net assets or fund balances | $301,032 |