Elwood Chamber Of Commerce Inc
- Assets
- $110.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elwood, IN
- Founding
- 08/1988
- Data as of
- 01/2022
- EIN
- 35-0292965
Organization Overview
Elwood Chamber Of Commerce Inc is located in Elwood, IN. The organization was established in 1988. 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. Elwood Chamber Of Commerce Inc 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 01/2022, Elwood Chamber Of Commerce Inc generated $60.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $49.1k during the year ending 01/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Blake Executive Director | 20 | $15,109 | |
Sharon Church President | 5 | $0 | |
Theresa Clymer Treasurer | 5 | $0 | |
Matt Minnick Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,078 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $36,064 |
| Other Revenue | $4,273 |
| Total Revenue | $60,419 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,163 |
| Professional fees and other payments to independent contractors | $2,963 |
| Occupancy, rent, utilities, and maintenance | $9,668 |
| Printing, publications, postage, and shipping | $287 |
| Other expenses | $9,984 |
| Total expenses | $49,065 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,642 |
| Other assets | $0 |
| Total assets | $110,210 |
| Total liabilities | $1,090 |
| Net assets or fund balances | $109,120 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Elwood Chamber Of Commerce Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
E A & Frances Reichart Foundationinc Alexandria, IN PURPOSE: GENERAL SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
National Association Of Electrical Distributors St Louis, MO | $12,015,051 | $10,580,917 |
Chicagoland Entrepreneurial Center Chicago, IL | $5,911,149 | $8,140,473 |
Custom Electronic Design & Installation Association Fishers, IN | $40,806,745 | $4,400,829 |
International Dairy-Deli-Bakery Association Madison, WI | $22,953,024 | $8,197,084 |
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 |
Property Loss Research Bureau Downers Grove, IL | $29,282,847 | $8,342,411 |
National Funeral Directors Association Of The United States I Brookfield, WI | $21,618,319 | $10,407,549 |
Residential Real Estate Council Chicago, IL | $27,056,402 | $11,169,926 |
Engine Manufacturers Association Chicago, IL | $15,542,068 | $8,146,219 |
National Board Of Certification And Recert Of Nurse Anesthetists Chicago, IL | $34,872,411 | $14,011,594 |