Fairlawn Chamber Of Commerce
- Assets
- $170.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairlawn, OH
- Founding
- 06/1992
- Data as of
- 03/2023
- EIN
- 34-1403736
Organization Overview
Fairlawn Chamber Of Commerce is located in Fairlawn, OH. The organization was established in 1992. 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. Fairlawn 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 03/2023, Fairlawn Chamber Of Commerce generated $130.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $120.9k during the year ending 03/2023. While expenses have increased by 1.0% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
THE FAIRLAWN AREA CHAMBER OF COMMERCE PROVIDES A FORUM FOR LOCAL BUSINESS OWNERS TO MEET, DISCUSS, PROMOTE AND ACHIEVE THE OBJECTIVES OF THE CHAMBER. THE PRIMARY OBJECTIVES OF THE CHAMBER ARE: 1. INCREASE PUBLIC AWARENESS OF LOCAL BUSINESSES 2. STRENGTHEN BUSINESS-TO-BUSINESS RELATIONSHIPS 3. PROVIDE A LOCAL FORUM FOR BUSINESS OWNERS TO MEET 4. PROVIDE DESERVING LOCAL STUDENTS WITH SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Lubinger President | 2 | $0 | |
Michele Cicciari Past Preside | 2 | $0 | |
Heather Taylor President-El | 2 | $0 | |
Sharol Showalter Treasurer | 2 | $0 | |
Elizabeth Bickel Secretary | 2 | $0 | |
Bill Kirk Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $141 |
| Total Program Service Revenue | $32,564 |
| Membership dues | $78,089 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,389 |
| Other Revenue | $0 |
| Total Revenue | $130,205 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,188 |
| Professional fees and other payments to independent contractors | $2,360 |
| Occupancy, rent, utilities, and maintenance | $10,409 |
| Printing, publications, postage, and shipping | $1,257 |
| Other expenses | $33,810 |
| Total expenses | $120,874 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $170,234 |
| Other assets | $0 |
| Total assets | $170,234 |
| Total liabilities | $4,171 |
| Net assets or fund balances | $166,063 |