Seneca Regional Chamber Of Commerce & Visitor Services
- Assets
- $619.4k
- Revenue
- $408.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Tiffin, OH
- Founding
- 05/1928
- Data as of
- 12/2021
- EIN
- 34-4373480
Organization Overview
Seneca Regional Chamber Of Commerce & Visitor Services is located in Tiffin, OH. The organization was established in 1928. 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. As of 12/2021, Seneca Regional Chamber Of Commerce & Visitor Services employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seneca Regional Chamber Of Commerce & Visitor Services 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, Seneca Regional Chamber Of Commerce & Visitor Services generated $408.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $348.1k during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE MOST INFLUENTIAL AND RESPECTED ASSOCIATION OF BUSINESS PROFESSIONALS IN NORTHWEST OHIO SHAPING A POSITIVE BUSINESS ENVIRONMENT THAT PROMOTES THE EXCHANGES OF GOODS AND SERVICES TO MAKE A PROFIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP PROGRAMS THAT SHAPE A POSITIVE BUSINESS ENVIRONMENT THAT PROMOTE THE EXCHANGE OF GOODS AND SERVICES TO MAKE A PROFIT INCLUDING EDUCATIONAL SEMINARS AND MISCELLANEOUS PROGRAMS. MARKET SENECA COUNTY AS A DESIRABLE PLACE TO VISIT, LIVE, WORK AND SHOP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryce Riggs President/ceo | OfficerTrustee | 40 | $65,300 |
Dan Reineke Vice Chair | OfficerTrustee | 1 | $0 |
Tyler Webb Treasurer | OfficerTrustee | 1 | $0 |
Peter Holbrook Chair | OfficerTrustee | 1 | $0 |
Aaron Montz Ex-Officio | Trustee | 1 | $0 |
Cory Stine Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $95,122 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $177,028 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,618 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $320,768 |
| Total Program Service Revenue | $12,068 |
| Investment income | $201 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $74,014 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $408,803 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,300 |
| Compensation of current officers, directors, key employees. | $16,325 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,269 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,131 |
| Payroll taxes | $11,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,325 |
| Advertising and promotion | $110,784 |
| Office expenses | $21,234 |
| Information technology | $1,779 |
| Royalties | $0 |
| Occupancy | $12,275 |
| Travel | $1,915 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,368 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,797 |
| All other expenses | $0 |
| Total functional expenses | $348,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,722 |
| Savings and temporary cash investments | $321,228 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $74,150 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $250 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $619,350 |
| Accounts payable and accrued expenses | $2,964 |
| Grants payable | $0 |
| Deferred revenue | $189,339 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,056 |
| Total liabilities | $199,359 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $419,991 |
| Total liabilities and net assets/fund balances | $619,350 |
Grants Awarded
Over the last fiscal year, Seneca Regional Chamber Of Commerce & Visitor Services has awarded $21,248 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF TIFFIN PURPOSE: FIRE EQUIPMENT | $13,000 |
Fostoria, OH PURPOSE: SERVICES | $6,000 |
Tiffin, OH PURPOSE: UNRESTRICTED | $2,248 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Seneca Regional Chamber Of Commerce & Visitor Services has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
| $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Manufacturing Engineers Southfield, MI | $77,116,365 | $66,156,404 |
Regional Industrial Development Corporation Of Sw Pa Pittsburgh, PA | $178,323,730 | $33,758,702 |
Leap Lansing, MI | $5,631,252 | $15,493,708 |
Greater Cleveland Partnership Cleveland, OH | $36,035,820 | $14,402,868 |
Philadelphia Industrial Development Corp Philadelphia, PA | $40,435,799 | $13,493,986 |
Board Of Certified Safety Professionals Of The Americas Inc Indianapolis, IN | $35,079,358 | $17,695,377 |
The Right Place Inc Grand Rapids, MI | $10,135,241 | $14,178,677 |
Pocono Mountains Vacation Bureau Inc Stroudsburg, PA | $11,737,684 | $15,325,542 |
Central Indiana Corporate Partnership Inc Indianapolis, IN | $8,694,724 | $11,696,503 |
National Kitchen & Bath Assoc Bethlehem, PA | $28,104,693 | $9,331,415 |
Automotive Industry Action Group Southfield, MI | $14,204,782 | $10,849,803 |
Detroit Regional Chamber Foundation Inc Detroit, MI | $6,324,468 | $12,985,195 |