Madison County Chamber Of Commerce

Organization Overview

Madison County Chamber Of Commerce is located in London, OH. The organization was established in 1970. 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, Madison County Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison 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 12/2021, Madison County Chamber Of Commerce generated $214.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $141.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LOCAL BUSINESS DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSISTED IN ANNUAL FARM SCIENCE REVIEW WHICH PROMOTES THE AREA'S LARGEST INDUSTRY (AGRICULTURE) AND ITS SUPPORTING INDUSTRIES.


CONTINUED ECONOMIC DEVELOPMENT AND COUNCILS TO PROMOTE GROWING MANUFACTURING BASE AND SUPPORTING INDUSTRIES IN THE AREA. DISTRIBUTED NEWSLETTERS, PUBLIC UPDATES AND MAINTAINED THE WEBSITE.


MAINTAINED BUILDING TO HOUSE CHAMBER'S OPERATIONS AND STAFF AS WELL AS PROVIDING A RESOURCE FOR MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
David Kell
Former Ex. D
$14,532
Amy Rees
Third VP
$0
Kathy Henry
2nd VP
$0
Steve Lelonek
President
$0
David Beickman
Treasurer
$0
Susan Thompson
First VP
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$72,715
Fundraising events$0
Related organizations$0
Government grants $39,461
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$112,176
Total Program Service Revenue$65,574
Investment income $12
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $33,442
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $214,468

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