Clermont County Chamber Of Commerce
- Assets
- $372.6k
- Revenue
- $684.0k
- Investments
- $0.0
- Employees
- 9
- Location
- Cincinnati, OH
- Founding
- 10/1972
- Data as of
- 06/2021
- EIN
- 31-0788717
Organization Overview
Clermont County Chamber Of Commerce is located in Cincinnati, OH. The organization was established in 1972. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Clermont County Chamber Of Commerce employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clermont County 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 06/2021, Clermont County Chamber Of Commerce generated $684.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $524.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND ASSIST IN THE ECONOMIC DEVELOPMENT OF BUSINESSES IN CLERMONT COUNTY, OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT PROGRAM - PROMOTES SECTOR SUPPORT OF PLANNED DEVELOPMENT, RETENTION, AND EXPANSION OF BUSINESS IN CLERMONT COUNTY, OHIO.
TRAINING PROGRAMS - COURSES IN PUBLIC/PRIVATE LEADERSHIP AND IMPROVING MANAGEMENT SKILLS.
SMALL BUSINESS ENTERPRISE PROGRAM - ASSISTS NEW OR TROUBLED SMALL BUSINESSES IN CLERMONT COUNTY, OHIO.
SEMINARS, WORKSHOPS, DINNERS, AND BANQUETS - PROMOTES CONTACT AND TRAINING AMONG BUSINESS PEOPLE IN CLERMONT COUNTY, OHIO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joy Lytle President | OfficerTrustee | 40 | $100,690 |
Stewart Greenlee Chair Emeritus | OfficerTrustee | 1 | $0 |
Jeff Bauer Board Chair | OfficerTrustee | 1 | $0 |
Steve Hood Treasurer | OfficerTrustee | 1 | $0 |
Letitia Fulkerson Secretary | OfficerTrustee | 1 | $0 |
Eric Hunziker Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $113,079 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,079 |
| Total Program Service Revenue | $569,002 |
| Investment income | $294 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$428 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $683,976 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,690 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $178,969 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,315 |
| Payroll taxes | $28,031 |
| Fees for services: Management | $13,694 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,855 |
| Advertising and promotion | $5,151 |
| Office expenses | $11,963 |
| Information technology | $10,214 |
| Royalties | $0 |
| Occupancy | $76,130 |
| Travel | $7,895 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,657 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,923 |
| Insurance | $5,558 |
| All other expenses | $0 |
| Total functional expenses | $524,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,517 |
| Savings and temporary cash investments | $203,461 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,770 |
| Net Land, buildings, and equipment | $13,854 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $372,602 |
| Accounts payable and accrued expenses | $56,921 |
| Grants payable | $0 |
| Deferred revenue | $206,592 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $263,513 |
| Net assets without donor restrictions | $109,089 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $372,602 |
Grants Awarded
Over the last fiscal year, Clermont County Chamber Of Commerce has awarded $7,006 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
REDI CINCINNATI LLC PURPOSE: GENERAL SUPPORT | $5,000 |
UNITED WAY OF GREATER CINCINNATI PURPOSE: GENERAL SUPPORT | $1,456 |
LITERACY COUNCILE OF CLERMONT AND BROWN COUNTIES PURPOSE: GENERAL SUPPORT | $300 |
ARTS WAVE PURPOSE: GENERAL SUPPORT | $250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Clermont County Chamber Of Commerce has recieved totaling $1,200.
| Awarding Organization | Amount |
|---|---|
Albert J Robenberg Sr & Ann Xonia Rodenberg Charitable Foundation Milwaukee, WI PURPOSE: GENERAL OPERATING | $1,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Committee Of The Lehigh Valley Inc Bethlehem, PA | $24,914,072 | $40,517,893 |
Cincinnati Usa Regional Chamber Cincinnati, OH | $21,203,474 | $18,734,397 |
Greater Columbus Convention & Visitors Bureau Columbus, OH | $8,565,444 | $15,584,006 |
Ann Arbor Spark Ann Arbor, MI | $15,665,812 | $11,784,140 |
Philadelphia Convention & Visitors Bureau Of The Chamber Of Commerce Philadelphia, PA | $21,636,489 | $20,955,897 |
The Chamber Of Commerce For Greater Philadelphia Philadelphia, PA | $17,253,411 | $11,743,354 |
Indiana Chamber Of Commerce Inc Indianapolis, IN | $7,894,910 | $10,261,881 |
Greater Indianapolis Chamber Of Commerce Inc Indianapolis, IN | $15,080,070 | $11,498,115 |
Small Business Assoc Of Mich Lansing, MI | $1,798,183 | $7,497,354 |
Ohio Association Of Realtors Columbus, OH | $13,314,743 | $8,037,922 |
Ohio Chamber Of Commerce Columbus, OH | $30,926,421 | $7,246,853 |
Indiana Association Of Realtors Inc Indianapolis, IN | $16,694,252 | $6,642,922 |