Grove City Area Chamber Of Commerce
- Assets
- $391.3k
- Revenue
- $236.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Grove City, OH
- Founding
- 03/1979
- Data as of
- 12/2021
- EIN
- 31-0922925
Organization Overview
Grove City Area Chamber Of Commerce is located in Grove City, OH. The organization was established in 1979. 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. As of 12/2021, Grove City Area Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grove City 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, Grove City Area Chamber Of Commerce generated $236.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $231.9k during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR THE BUSINESSES THAT ARE MEMBERS OF THE ORGANIZATION AS WELL AS PROVIDE ACTIVITIES TO BRING PEOPLE TO THE CITY AND IN TURN WILL SUPPORT THE BUSINESS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS EXPO - TO SHOWCASE MEMBER BUSINESSES' TO THE PUBLIC AND OTHER BUSINESSES
FARMERS' MARKET - EVENT HELD DOWNTOWN TO ALLOW MEMBERS TO SHOWCASE THEIR PRODUCE, GIFTS AND CRAFTS TO THE COMMUNITY. ALSO BRINGS IN VISITORS TO THE DOWNTOWN BUSINESS MEMBERS.
ANNUAL MEETING; LEADERSHIP PROGRAMING AND OTHER MISCELANOUS PROGRAMS AND SEMINARS
ANNUAL MEETING AND PROGRAMS AND SEMINARS - TO BRING BUSINESS MEMBERS TOGETHER FOR UPDATES ON VARIOUS BUSINESS MANAGEMENT, TAX, ACCOUNTING ISSUES PROVIDING UP TO DATE INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Coakley Past Preside | OfficerTrustee | $0 | |
Shelley Davia VP Finance | OfficerTrustee | $0 | |
Ed Fleming President | OfficerTrustee | $0 | |
Trent Soles President El | OfficerTrustee | $0 | |
Lisa Zieglar VP At Large | OfficerTrustee | $0 | |
Katie Antry Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $95,508 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $95,508 |
| Total Program Service Revenue | $44,978 |
| Investment income | $16,812 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $26,531 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $236,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,968 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,000 |
| Payroll taxes | $9,235 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,516 |
| Advertising and promotion | $699 |
| Office expenses | $15,437 |
| Information technology | $5,653 |
| Royalties | $0 |
| Occupancy | $15,772 |
| Travel | $903 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $274 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,146 |
| Insurance | $4,944 |
| All other expenses | $0 |
| Total functional expenses | $231,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,850 |
| Savings and temporary cash investments | $225,317 |
| 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 | $0 |
| Net Land, buildings, and equipment | $81,121 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $391,288 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $191,692 |
| Total liabilities | $191,692 |
| Net assets without donor restrictions | $199,596 |
| 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 | $391,288 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Grove City Area Chamber Of Commerce has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Mount Carmel Health System Columbus, OH PURPOSE: COMMUNITY BENEFIT | $5,500 |
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 |