Oak Harbor Area Chamber Of Commerce
- Assets
- $257.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Harbor, OH
- Founding
- 10/2001
- Data as of
- 12/2021
- EIN
- 34-1088635
Organization Overview
Oak Harbor Area Chamber Of Commerce is located in Oak Harbor, OH. The organization was established in 2001. 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. Oak Harbor Area 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, Oak Harbor Area Chamber Of Commerce generated $131.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $91.2k during the year ending 12/2021. While expenses have increased by 1.1% 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
PROMOTION OF ECONOMIC, INDUSTRIAL, PROFESSIONAL, AND CIVIC WELFARE IN THE OAK HARBOR AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Winterfield Executive Direc | 30 | $29,422 | |
Debi Heiks President | 2 | $0 | |
Katherine Adams Vice President | 2 | $0 | |
Mike Barr Treasurer | 2 | $0 | |
Cherie Salazar Past President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,613 |
| Total Program Service Revenue | $30,855 |
| Membership dues | $0 |
| Investment income | $14,398 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $47,521 |
| Other Revenue | $21,031 |
| Total Revenue | $131,418 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,377 |
| Professional fees and other payments to independent contractors | $2,405 |
| Occupancy, rent, utilities, and maintenance | $24,205 |
| Printing, publications, postage, and shipping | $1,176 |
| Other expenses | $21,478 |
| Total expenses | $91,177 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $137,356 |
| Other assets | $0 |
| Total assets | $257,710 |
| Total liabilities | $6,165 |
| Net assets or fund balances | $251,545 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Detroit Regional Chamber Foundation Inc Detroit, MI | $6,324,468 | $12,985,195 |
Detroit Regional Chamber Detroit, MI | $15,593,687 | $11,203,489 |
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National Precast Concrete Association Inc Carmel, IN | $13,896,863 | $10,585,314 |
Indiana Underground Plant Protection Service Inc Greenwood, IN | $23,524,907 | $10,120,104 |
Valley Forge Convention & Visitors Bureau Ltd King Of Prussia, PA | $5,553,675 | $9,336,877 |
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 |