Fairborn Area Chamber Of Commerce
- Assets
- $322.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairborn, OH
- Founding
- 11/1973
- Data as of
- 12/2021
- 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 12/2021, Fairborn Area Chamber Of Commerce generated $129.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $115.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 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
2021
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 BETTERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Smith Vice President | 5 | $0 | |
Ellen Slone-Farthing Director | 5 | $0 | |
Jackie Brockman Immediate Past President | 5 | $0 | |
Jessica Erbacher Director | 5 | $0 | |
Rob Anderson Ex-Officio Board Member City Of Fb | 5 | $0 | |
Mike Mayer President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,500 |
| Total Program Service Revenue | $89,399 |
| Membership dues | $33,995 |
| Investment income | $338 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$126 |
| Other Revenue | $0 |
| Total Revenue | $129,106 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,509 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $7,578 |
| Printing, publications, postage, and shipping | $194 |
| Other expenses | $56,964 |
| Total expenses | $115,845 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,563 |
| Other assets | $0 |
| Total assets | $322,667 |
| Total liabilities | $5,355 |
| Net assets or fund balances | $317,312 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Manufacturing Engineers Southfield, MI | $77,116,365 | $66,156,404 |
Regional Industrial Development Corporation Of Sw Pa Pittsburgh, PA | $178,323,730 | $33,758,702 |
Leap Lansing, MI | $5,631,252 | $15,493,708 |
Greater Cleveland Partnership Cleveland, OH | $36,035,820 | $14,402,868 |
Philadelphia Industrial Development Corp Philadelphia, PA | $40,435,799 | $13,493,986 |
Board Of Certified Safety Professionals Of The Americas Inc Indianapolis, IN | $35,079,358 | $17,695,377 |
The Right Place Inc Grand Rapids, MI | $10,135,241 | $14,178,677 |
Pocono Mountains Vacation Bureau Inc Stroudsburg, PA | $11,737,684 | $15,325,542 |
Central Indiana Corporate Partnership Inc Indianapolis, IN | $8,694,724 | $11,696,503 |
National Kitchen & Bath Assoc Bethlehem, PA | $28,104,693 | $9,331,415 |
Automotive Industry Action Group Southfield, MI | $14,204,782 | $10,849,803 |
Detroit Regional Chamber Foundation Inc Detroit, MI | $6,324,468 | $12,985,195 |