Franklin Area Chamber Of Commerce
- Assets
- $35.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, OH
- Founding
- 05/1975
- Data as of
- 12/2023
- EIN
- 31-0839883
Organization Overview
Franklin Area Chamber Of Commerce is located in Franklin, OH. The organization was established in 1975. 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. Franklin 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, Franklin Area Chamber Of Commerce generated $76.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $80.9k during the year ending 12/2023. While expenses have increased by 19.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
HELD VARIOUS ACTIVITIES FOR THE MEMBERS TO MEET AND GREET, LEARN ABOUT EACH OTHERS BUSINESSES, AND BE ALERTED TO POSSIBLE NEW BUSINESS OPPORTUNITIES AMONG MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jen Crosby President | 6 | $0 | |
Thomas Wiggershaus Treasurer | 1 | $0 | |
Kim Gates Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $34,828 |
| Membership dues | $36,186 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,886 |
| Total Revenue | $76,900 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,151 |
| Professional fees and other payments to independent contractors | $3,295 |
| Occupancy, rent, utilities, and maintenance | $3,208 |
| Printing, publications, postage, and shipping | $1,419 |
| Other expenses | $49,853 |
| Total expenses | $80,926 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,730 |
| Other assets | $0 |
| Total assets | $35,061 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,061 |