Berne Chamber Of Commerce Inc
- Assets
- $147.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Berne, IN
- Founding
- 03/1978
- Data as of
- 12/2021
- EIN
- 31-0925452
Organization Overview
Berne Chamber Of Commerce Inc is located in Berne, IN. The organization was established in 1978. 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. Berne Chamber Of Commerce Inc 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, Berne Chamber Of Commerce Inc generated $72.4k 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 (6.1%) each year. All expenses for the organization totaled $57.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.8%) 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
PROMOTES BUSINESS GROWTH BY STRENGTHENING AND PROMOTING THE BRANDING OF BERNE AND ITS SWISS HERITAGE, COLLABORATING WITH OTHER ENTITIES TO STIMULATE ECONOMIC DEVELOPMENT AND SERVING AS A COORDINATOR OF SPECIAL EVENTS IN THE BERNE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Buckingham Executive Dir. | 20 | $11,759 | |
Erin Donovan Executive Dir. | 20 | $7,095 | |
Ben Snowden Treasurer | 2 | $0 | |
Floyd Liechty Vice President | 1 | $0 | |
Gregg Sprunger Director | 1 | $0 | |
Jason Monfort Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $47,677 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$580 |
| Other Revenue | $21,179 |
| Total Revenue | $72,392 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,216 |
| Professional fees and other payments to independent contractors | $5,182 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $50 |
| Other expenses | $29,124 |
| Total expenses | $57,572 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,309 |
| Other assets | $0 |
| Total assets | $147,104 |
| Total liabilities | $56,703 |
| Net assets or fund balances | $90,401 |
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