Van Wert Chamber Of Commerce
- Assets
- $220.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Van Wert, OH
- Founding
- 05/1945
- Data as of
- 12/2021
- EIN
- 34-4382010
Organization Overview
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 12/2021, Van Wert Chamber Of Commerce generated $151.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $146.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) 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
VARIOUS SEMINARS TO HELP BUSINESS PROFESSIONALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Rice Director | 3 | $0 | |
Kevin Morrison Director | 3 | $0 | |
Rick Turner Director | 3 | $0 | |
Betsy Hamman Director | 3 | $0 | |
Jenna Dailey Director | 3 | $0 | |
Matt Miller Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $39,929 |
| Membership dues | $82,561 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,990 |
| Other Revenue | $17,550 |
| Total Revenue | $151,031 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,474 |
| Professional fees and other payments to independent contractors | $1,825 |
| Occupancy, rent, utilities, and maintenance | $9,619 |
| Printing, publications, postage, and shipping | $1,246 |
| Other expenses | $51,434 |
| Total expenses | $146,598 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,915 |
| Other assets | $0 |
| Total assets | $220,502 |
| Total liabilities | $101,431 |
| Net assets or fund balances | $119,071 |
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 |