Delaware Area Chamber Of Commerce is located in Delaware, OH. The organization was established in 1982. 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, Delaware 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. Delaware 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, Delaware Area Chamber Of Commerce generated $197.8k 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 (4.4%) each year. All expenses for the organization totaled $195.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 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
COORDINATION OF COMMUNITY DEVELOPMENT ACTIVITIES (I.E. ECONOMIC DEVELOPMENT, LEADERSHIP PROGRAM, AND MEMBER SEMINARS)
Describe the Organization's Program Activity:
Part 3 - Line 4a
COORDINATION OF COMMUNITY DEVELOPMENT ACTIVITIES (I.E. ECONOMIC DEVELOPMENT, LEADERSHIP PROGRAM, AND MEMBER SEMINARS)
COORDINATION OF COMMUNITY DEVELOPMENT ACTIVITIES (I.E. ECONOMIC DEVELOPMENT, LEADERSHIP PROGRAM, AND MEMBER SEMINARS)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Holly Quaine Secretary | OfficerTrustee | 40 | $87,500 |
Aric Arnett Chair | OfficerTrustee | 1 | $0 |
Cassie Converse Vice Chair | OfficerTrustee | 1 | $0 |
Ana Babiasz Treasurer | OfficerTrustee | 1 | $0 |
Shane Dawson Vice Chair | OfficerTrustee | 1 | $0 |
Eric Moulton Vice Chair | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $158,761 |
Investment income | $960 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $1,834 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $197,845 |
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. | $64,011 |
Compensation of current officers, directors, key employees. | $54,250 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $42,430 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,544 |
Payroll taxes | $8,516 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $25,173 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $10,556 |
Information technology | $2,222 |
Royalties | $0 |
Occupancy | $18,929 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $515 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,441 |
Insurance | $2,373 |
All other expenses | $479 |
Total functional expenses | $195,295 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $38,325 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $29,222 |
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 | $4,081 |
Net Land, buildings, and equipment | $2,863 |
Investments—publicly traded securities | $118,521 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $193,012 |
Accounts payable and accrued expenses | $828 |
Grants payable | $0 |
Deferred revenue | $13,623 |
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 | $2,941 |
Total liabilities | $17,392 |
Net assets without donor restrictions | $175,620 |
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 | $193,012 |
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 |