Berea Chamber Of Commerce
- Assets
- $72.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Berea, OH
- Founding
- 06/1959
- Data as of
- 06/2023
- EIN
- 34-0794430
Organization Overview
Berea Chamber Of Commerce is located in Berea, OH. The organization was established in 1959. 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. Berea 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 06/2023, Berea Chamber Of Commerce generated $78.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $72.3k during the year ending 06/2023. While expenses have increased by 11.7% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE BEREA CHAMBER OF COMMERCE ORGANIZES MONTHLY NETWORKING EVENTS AND TRAINING PROGRAMS THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Cekanski Chairman | 5 | $0 | |
Mary Brown President | 5 | $0 | |
Nicolette Scott Vice President | 5 | $0 | |
Danielle Shaffstall Vice President | 5 | $0 | |
Phil Henry Legal Advisor | 5 | $0 | |
Megan Baechle Executive Director | 20 | $32,853 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,150 |
| Total Program Service Revenue | $54,205 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,355 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,167 |
| Professional fees and other payments to independent contractors | $10,472 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,633 |
| Total expenses | $72,272 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,750 |
| Other assets | $0 |
| Total assets | $72,750 |
| Total liabilities | $0 |
| Net assets or fund balances | $72,750 |