Wauseon Chamber Of Commerce
- Assets
- $145.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wauseon, OH
- Founding
- 04/1974
- Data as of
- 12/2021
- EIN
- 34-1122264
Organization Overview
Wauseon Chamber Of Commerce is located in Wauseon, OH. The organization was established in 1974. 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. Wauseon 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, Wauseon Chamber Of Commerce generated $89.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $83.0k during the year ending 12/2021. While expenses have increased by 6.9% 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
SPONSORED VARIOUS EVENTS THAT PROVIDED OPPORTUNITIES FOR MEMBERS TO NETWORK, GROW THEIR BUSINESS AND PROMOTE BUSINESS PRODUCTS AND SERVICES. PROVIDED A WORKERS COMPENSATION GROUP FOR MEMBERS TO HELP REDUCE BUSINESS COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Drummer Executive Di | 30 | $40,846 | |
Janice May Director | 1 | $0 | |
Trisha Schneider Past Preside | 1 | $0 | |
Cabe Gordy Director | 1 | $0 | |
Stephen Maloney Director | 1 | $0 | |
Shannon Shulters Secretary/tr | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $11,078 |
| Membership dues | $38,465 |
| Investment income | $1,410 |
| Gain or Loss | $7,799 |
| Net Income from Gaming & Fundraising | $24,769 |
| Other Revenue | $0 |
| Total Revenue | $89,521 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,783 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $61 |
| Printing, publications, postage, and shipping | $373 |
| Other expenses | $21,215 |
| Total expenses | $83,032 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $144,973 |
| Other assets | $0 |
| Total assets | $144,973 |
| Total liabilities | $0 |
| Net assets or fund balances | $144,973 |
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 |