Tallmadge Chamber Of Commerce
- Assets
- $40.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tallmadge, OH
- Founding
- 10/1991
- Data as of
- 12/2021
- EIN
- 34-1492861
Organization Overview
Tallmadge Chamber Of Commerce is located in Tallmadge, OH. The organization was established in 1991. 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. Tallmadge 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, Tallmadge Chamber Of Commerce generated $24.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $32.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 7 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
DUES COLLECTED FOR THE PURPOSES OF ADVANCING AND DEVELOPING THE COMMERCIAL, INDIVIDUAL, INDUSTRIAL, CIVIC, CULTURAL, AND GENERAL INTERESTS OF THE CITY OF TALLMADGE AND ITS TRADE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Allman Chief Operating Officer | 20 | $16,740 | |
Jon T Kozesky Administrative | 20 | $6,750 | |
Julie Bozic Secretary | 1 | $0 | |
Mike Carter Trustee | 1 | $0 | |
Serif Krkic Trustee | 1 | $0 | |
Cheryl Ray Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $29,861 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,678 |
| Other Revenue | $0 |
| Total Revenue | $24,183 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,490 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,300 |
| Printing, publications, postage, and shipping | $95 |
| Other expenses | $5,427 |
| Total expenses | $32,312 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,039 |
| Other assets | $0 |
| Total assets | $40,039 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,039 |
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 |