Ravenna Chamber Of Commerce
- Assets
- $94.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ravenna, OH
- Founding
- 12/1979
- Data as of
- 12/2021
- EIN
- 34-0866242
Organization Overview
Ravenna Chamber Of Commerce is located in Ravenna, OH. The organization was established in 1979. 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. Ravenna 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, Ravenna Chamber Of Commerce generated $89.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $75.5k during the year ending 12/2021. While expenses have increased by 14.4% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS A CHAMBER OF COMMERCE THAT PROMOTES ACTIVITIES IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryann Kuchenbecker Executive Dir. | 40 | $53,837 | |
Bob Cramer Director | 1 | $0 | |
Matt Ferrell Past President | 1 | $0 | |
Judy Watkins Vice President | 1 | $0 | |
Kay Dubinsky President | 1 | $0 | |
Ben Ribelin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,490 |
| Total Program Service Revenue | $0 |
| Membership dues | $43,258 |
| Investment income | $122 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,060 |
| Other Revenue | $26 |
| Total Revenue | $88,956 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,070 |
| Professional fees and other payments to independent contractors | $1,363 |
| Occupancy, rent, utilities, and maintenance | $7,693 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,343 |
| Total expenses | $75,469 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,502 |
| Other assets | $0 |
| Total assets | $94,502 |
| Total liabilities | $3,273 |
| Net assets or fund balances | $91,229 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Detroit Regional Chamber Foundation Inc Detroit, MI | $6,324,468 | $12,985,195 |
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Indy Championships Fund Inc Indianapolis, IN | $6,870,300 | $5,470,881 |
Cincinnati Usa Regional Chamber Foundation Cincinnati, OH | $5,241,564 | $8,994,630 |
United States Auto Club Inc Speeway, IN | $9,462,749 | $8,803,696 |
Kentucky Chamber Of Commerce Inc Frankfort, KY | $9,516,426 | $9,027,627 |
Materials Research Society Warrendale, PA | $13,527,707 | $7,097,114 |