Milford Area Chamber Of Commerce
- Assets
- $56.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, OH
- Founding
- 05/1981
- Data as of
- 12/2021
- EIN
- 31-1003060
Organization Overview
Milford Area Chamber Of Commerce is located in Milford, OH. The organization was established in 1981. 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 the central organization for a national or regional group of organizations. Milford 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, Milford Area Chamber Of Commerce generated $124.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $126.7k during the year ending 12/2021. While expenses have increased by 5.7% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Brady Executive Di | 22 | $27,465 | |
Charles Evans Vice Preside | 1 | $0 | |
Melissa Myers Secretary | 1 | $0 | |
Zach Gambill Treasurer | 1 | $0 | |
Ron Swogger President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,612 |
| Total Program Service Revenue | $0 |
| Membership dues | $45,950 |
| Investment income | $975 |
| Gain or Loss | -$170 |
| Net Income from Gaming & Fundraising | $14,744 |
| Other Revenue | $4,284 |
| Total Revenue | $124,395 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $51,152 |
| Occupancy, rent, utilities, and maintenance | $7,260 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,557 |
| Total expenses | $126,727 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,900 |
| Other assets | $0 |
| Total assets | $56,140 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,140 |
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 |