Licking County Chamber Of Commerce
- Assets
- $380.7k
- Revenue
- $569.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Newark, OH
- Founding
- Data as of
- 08/2022
- EIN
- 31-4265090
Organization Overview
Licking County Chamber Of Commerce is located in Newark, OH. As of 08/2022, Licking County Chamber Of Commerce employed 5 individuals. Licking County 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 08/2022, Licking County Chamber Of Commerce generated $569.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $569.3k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Licking County Chamber Of Commerce has awarded 73 individual grants totaling $986,675. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INFORMATION, PROGRAMS AND SERVICES TO LOCAL BUSINESS COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS PROGRAMS AND ACTIVITIES PROVIDED BY THE CHAMBER FOR THE BENEFIT OF ITS MEMBERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Mcdonald President | Officer | 40 | $96,085 |
Dr John Berry Chair | Officer | 2 | $0 |
Ruben Clark Chair-Elect | Officer | 2 | $0 |
Jason Hall Treasurer | Officer | 2 | $0 |
Steve Noth Director | Trustee | 1 | $0 |
Todd Ware Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $569,372 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $569,372 |
| 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. | $106,030 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $155,049 |
| Pension plan accruals and contributions | $9,433 |
| Other employee benefits | $14,143 |
| Payroll taxes | $19,522 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,436 |
| Advertising and promotion | $6,309 |
| Office expenses | $38,280 |
| Information technology | $338 |
| Royalties | $0 |
| Occupancy | $9,090 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,814 |
| Interest | $3,856 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,285 |
| Insurance | $5,248 |
| All other expenses | $440 |
| Total functional expenses | $569,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,233 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,527 |
| 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 | $6,852 |
| Net Land, buildings, and equipment | $119,061 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $380,673 |
| Accounts payable and accrued expenses | $32,867 |
| Grants payable | $0 |
| Deferred revenue | $190,213 |
| 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 | $53,155 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,945 |
| Total liabilities | $281,180 |
| Net assets without donor restrictions | $99,493 |
| 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 | $380,673 |
Grants Awarded
Over the last fiscal year, Licking County Chamber Of Commerce has awarded $986,675 in support to 73 organizations.
| Grant Recipient | Amount |
|---|---|
THIRTY ONE WEST PURPOSE: CARES ACT GRANT TO BENEFIT SMALL BUSINESSES OR NON-PROFITS NEGATIVELY AFFECTED BY COVID-19 | $40,000 |
NATIONAL TRAIL RACEWAY PURPOSE: CARES ACT GRANT TO BENEFIT SMALL BUSINESSES OR NON-PROFITS NEGATIVELY AFFECTED BY COVID-19 | $30,000 |
CHERRY VALLEY HOTEL - NEWARK PURPOSE: CARES ACT GRANT TO BENEFIT SMALL BUSINESSES OR NON-PROFITS NEGATIVELY AFFECTED BY COVID-19 | $30,000 |
DICKEY'S BBQ - PITMASTERS FRIENDLY BBQ PURPOSE: CARES ACT GRANT TO BENEFIT SMALL BUSINESSES OR NON-PROFITS NEGATIVELY AFFECTED BY COVID-19 | $30,000 |
THE GRILL AT THE WORKS PURPOSE: CARES ACT GRANT TO BENEFIT SMALL BUSINESSES OR NON-PROFITS NEGATIVELY AFFECTED BY COVID-19 | $30,000 |
THE TROUT CLUB - NEWARK PURPOSE: CARES ACT GRANT TO BENEFIT SMALL BUSINESSES OR NON-PROFITS NEGATIVELY AFFECTED BY COVID-19 | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Licking County Chamber Of Commerce has recieved totaling $7,025.
| Awarding Organization | Amount |
|---|---|
Licking Memorial Health Foundation Newark, OH PURPOSE: SPONSORSHIP OF AN EVENT THAT FURTHERS THEIR EXEMPT PURPOSE. | $7,025 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Divine Savior Healthcare Inc Portage, WI | $146,404,206 | $99,548,163 |
Berks County School Districts Health Tr Reading, PA | $37,307,686 | $92,475,879 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
International Union Of Operating Engineers Welfare Fund Long Island City, NY | $98,450,225 | $98,628,304 |
New Jersey Property Liability Basking Ridge, NJ | $270,074,908 | $113,404,286 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
Procter & Gamble Benefit Plan Trust Cincinnati, OH | $69,184,153 | $97,679,425 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |