Ashtabula Area Chamber Of Commerce Inc is located in Ashtabula, OH. The organization was established in 1944. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Ashtabula Area Chamber Of Commerce Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ashtabula Area Chamber Of Commerce Inc generated $38.7k 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 (4.6%) each year. All expenses for the organization totaled $33.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) 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
ADVANCE THE GENERAL WELFARE AND PROSPERITY OF THE ASHTABULA AREA SO THAT THE CITIZENS AND ALL AREAS OF BUSINESS BENEFIT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Steel Chairperson | 2 | $0 | |
Gregory Church Secretary | 2 | $0 | |
Patricia White Treasurer | 2 | $0 | |
Alice Mccarthy Trustee | 2 | $0 | |
Dave Bogardus Trustee | 2 | $0 | |
Jen Bartone Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $36,628 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2,041 |
Total Revenue | $38,669 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $33,715 |
Total expenses | $33,715 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $46,122 |
Other assets | $0 |
Total assets | $158,291 |
Total liabilities | $0 |
Net assets or fund balances | $158,291 |
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