Streetsboro Chamber Of Commerce
- Assets
- $15.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Streetsboro, OH
- Founding
- 02/1994
- Data as of
- 12/2021
- EIN
- 34-1392336
Organization Overview
Streetsboro Chamber Of Commerce is located in Streetsboro, OH. The organization was established in 1994. 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. Streetsboro 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, Streetsboro Chamber Of Commerce generated $64.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $58.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 6 years. 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 CHAMBER IS A NON-PROFIT BUSINESS ORGANIZATION WITH THE PURPOSE OF PROMOTING BUSINESS WITHIN STREETSBORO, AND HELPING MAINTAIN AND FURTHER DEVELOP THE ECONOMIC WELL BEING OF THE COMMUNITY. THE CHAMBER IS INVOLVED IN MANY ACTIVITIES THAT IMPROVE THE COMMUNITY, SUCH AS PROVIDING BUSINESSES AND INDIVIDUALS WITH RELOCATION INFORMATION, COMMUNICATING BUSINESS ISSUES TO LOCAL GOVERNMENT, AND PROVIDING NETWORKING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Covert Executive Director | 30 | $46,000 | |
Kurt Ruehr President Of Board | 3 | $0 | |
Mike Cheslock Past President Of Board | 3 | $0 | |
Joe Malacky Board Secretary | 3 | $0 | |
Danielle Hunter Board Of Directors | 1 | $0 | |
Patti Lasher Board Of Directors | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,199 |
| Membership dues | $43,169 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,677 |
| Other Revenue | $0 |
| Total Revenue | $64,045 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,909 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,542 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,180 |
| Total expenses | $58,631 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,978 |
| Other assets | $0 |
| Total assets | $14,978 |
| Total liabilities | $2,314 |
| Net assets or fund balances | $12,664 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Streetsboro Chamber Of Commerce has recieved totaling $120.
| Awarding Organization | Amount |
|---|---|
Premier Bank Foundation Canfield, OH PURPOSE: SPONSORSHIP | $120 |
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 |
Custom Electronic Design & Installation Association Fishers, IN | $40,806,745 | $4,400,829 |
National Truck Equipment Association Farmington Hills, MI | $27,097,486 | $13,173,388 |
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 |