Garrettsville Area Chamber Of Commerce
- Assets
- $193.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Garrettsville, OH
- Founding
- Data as of
- 12/2021
- EIN
- 34-1439026
Organization Overview
Garrettsville Area Chamber Of Commerce is located in Garrettsville, OH. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garrettsville 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, Garrettsville Area Chamber Of Commerce generated $14.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $10.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Lysiak President | 10 | $0 | |
Ben Coll Vice President | 5 | $0 | |
Michelle Zivoder Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,575 |
| Investment income | $292 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,645 |
| Other Revenue | $0 |
| Total Revenue | $14,512 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,895 |
| Total expenses | $10,495 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $193,144 |
| Other assets | $0 |
| Total assets | $193,144 |
| Total liabilities | $0 |
| Net assets or fund balances | $193,144 |
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