Strongsville Chamber Of Commerce is located in Strongsville, OH. The organization was established in 1987. 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 10/2021, Strongsville Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strongsville 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 10/2021, Strongsville Chamber Of Commerce generated $308.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $223.7k during the year ending 10/2021. While expenses have increased by 2.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE WELFARE OF STRONGSVILLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRONGSVILLE COMMUNITY SERVICES
N/A
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amy Ferree Officer | Officer | 40 | $55,715 |
Richard D Baldin President | OfficerTrustee | 2 | $0 |
Charles Goss Vice-President | OfficerTrustee | 0.5 | $0 |
Walter Ehrnfelt III Past President | OfficerTrustee | 0.5 | $0 |
Jeff Smutek Past President | OfficerTrustee | 0.5 | $0 |
Gregg R Finkler Treasurer | OfficerTrustee | 0.5 | $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 | $285,996 |
Investment income | $191 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$2,432 |
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 | $308,936 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $24,959 |
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. | $55,715 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,747 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,432 |
Payroll taxes | $5,599 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,310 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,097 |
Advertising and promotion | $1,800 |
Office expenses | $5,811 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $25,928 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,188 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,042 |
Insurance | $1,303 |
All other expenses | $0 |
Total functional expenses | $223,663 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,660 |
Savings and temporary cash investments | $910,808 |
Pledges and grants receivable | $0 |
Accounts receivable, net | -$20 |
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 | $0 |
Net Land, buildings, and equipment | $368,357 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,293,805 |
Accounts payable and accrued expenses | $1,866 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $1,866 |
Net assets without donor restrictions | $1,291,939 |
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 | $1,293,805 |
Over the last fiscal year, Strongsville Chamber Of Commerce has awarded $23,200 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CITY OF STRONGSVILLE PURPOSE: PROMOTE COMMUNITY EV | $12,200 |
STRONGSVILLE CITY SCHOOLS PURPOSE: EDUCATION | $11,000 |
Over the last fiscal year, we have identified 1 grants that Strongsville Chamber Of Commerce has recieved totaling $750.
Awarding Organization | Amount |
---|---|
Mary A And Gerald F Franklin Sr Foundation Strongsville, OH PURPOSE: GENERAL DONATION | $750 |
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 |