Van Wert Chamber Of Commerce is located in Van Wert, OH. The organization was established in 1945. 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. Van Wert 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 12/2022, Van Wert Chamber Of Commerce generated $176.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $171.0k during the year ending 12/2022. While expenses have increased by 1.5% 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
2022
Describe the Organization's Program Activity:
Part 3
VARIOUS SEMINARS TO HELP BUSINESS PROFESSIONALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Suzie Grimes Treasurer | 3 | $0 | |
Rick Turner Director | 3 | $0 | |
Mitch Price Director | 3 | $0 | |
Becky Stepleton Director | 3 | $0 | |
Don Rice Director | 3 | $0 | |
Mark Verville President | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $67,761 |
Membership dues | $80,340 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $20,465 |
Other Revenue | $8,000 |
Total Revenue | $176,566 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $90,998 |
Professional fees and other payments to independent contractors | $1,953 |
Occupancy, rent, utilities, and maintenance | $9,408 |
Printing, publications, postage, and shipping | $1,387 |
Other expenses | $67,270 |
Total expenses | $171,016 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $71,448 |
Other assets | $0 |
Total assets | $217,355 |
Total liabilities | $92,734 |
Net assets or fund balances | $124,621 |