Greater Fort Wayne Metro Chamber Alliance Inc
- Assets
- $2.4m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 21
- Location
- Fort Wayne, IN
- Founding
- 06/1929
- Data as of
- 12/2023
- EIN
- 35-0315995
Organization Overview
Greater Fort Wayne Metro Chamber Alliance Inc, operating under the name Greater Fort Wayne Inc, is located in Fort Wayne, IN. The organization was established in 1929. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Greater Fort Wayne Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Fort Wayne 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 12/2023, Greater Fort Wayne Inc generated $3.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $3.4m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GREATER FORT WAYNE (GFW) INC. IS THE CHAMBER OF COMMERCE AND ECONOMIC DEVELOPMENT ORGANIZATION FOR FORT WAYNE & ALLEN COUNTY, INDIANA. AT GFW INC., WE FOCUS ON SUPPORTING LOCAL BUSINESS, ATTRACTING NEW BUSINESS, AND IMPROVING OUR COMMUNITY'S QUALITY OF PLACE TO GROW JOBS, WAGES, AND THE ECONOMY. WE ARE BUILDING A NATIONALLY RECOGNIZED ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR ITS MEMBER/INVESTOR BUSINESSES AND INDIVIDUALS, GFW INC. PROVIDES NETWORKING, EDUCATIONAL, AND PROMOTIONAL OPPORTUNITIES THROUGH A VARIETY OF EVENTS AND ACTIVITIES. AT THE END OF 2023, GFW INC. HAD 1347 MEMBERS/INVESTORS. GFW INC.'S SIGNATURE PROGRAMS INCLUDE LEADERSHIP FORT WAYNE, THE BRIDGE PROGRAM, ONBOARD FORT WAYNE, MADEBYME, WOMEN'S NETWORK, AND INTER-CITY VISITS. GFW INC. ADVOCATES FOR BUSINESS AT ALL LEVELS OF GOVERNMENT ON BEHALF OF ITS MEMBERS/INVESTORS. GFW INC. ALSO PROVIDES PROFESSIONAL SERVICES TO THE FORT WAYNE -ALLEN COUNTY AIRPORT AUTHORITY IN IMPLEMENTING THE ECONOMIC DEVELOPMENT PLAN FOR SMITH FIELD AIRPORT AND THE FORT WAYNE INTERNATIONAL AIRPORT. FORT WAYNE-ALLEN COUNTY IS A COMMUNITY ON THE RISE. OUR ECONOMIC DEVELOPMENT TEAM ASSISTS WITH BUSINESSES THAT ARE EXPANDING AND/OR LOCATING IN OUR AREA. RESULTS FOR 2023 INCLUDE: 20 DEALS, 700+ NEW JOBS, 42 MILLION IN NEW ANNUAL PAYROLL, AND 770 MILLION IN PRIVATE INVESTMENT. WE ARE BUILDING A NATIONALLY RECOGNIZED ECONOMY, THANKS TO OUR BUSINESS-FRIENDLY ENVIRONMENT, COLLABORATIVE LEADERSHIP, AND UNDENIABLE DOWNTOWN MOMENTUM.
OTHER EXEMPT PURPOSE ACCOMPLISMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ramadan Abdul-Azeez Board Member | Trustee | 1 | $0 |
Mike Avila Board Member | Trustee | 1 | $0 |
Greg Allen Board Member | Trustee | 1 | $0 |
Steve Baker Board Member | Trustee | 1 | $0 |
Tim Bawmann Board Member | Trustee | 1 | $0 |
Bill Bean Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $221,402 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,402 |
| Total Program Service Revenue | $3,196,349 |
| Investment income | $22,931 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $36,604 |
| Net Income from Fundraising Events | $6,225 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,524,426 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $102,199 |
| 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. | $499,859 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,365,586 |
| Pension plan accruals and contributions | $33,023 |
| Other employee benefits | $129,856 |
| Payroll taxes | $126,132 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,512 |
| Fees for services: Accounting | $30,706 |
| Fees for services: Lobbying | $38,835 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $260,038 |
| Advertising and promotion | $122,176 |
| Office expenses | $45,090 |
| Information technology | $69,981 |
| Royalties | $0 |
| Occupancy | $158,779 |
| Travel | $50,376 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $268,067 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,730 |
| Insurance | $6,684 |
| All other expenses | $3,936 |
| Total functional expenses | $3,415,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,221,919 |
| Savings and temporary cash investments | $766,866 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $256,167 |
| 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 | $7,004 |
| Net Land, buildings, and equipment | $122,624 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $71,230 |
| Total assets | $2,445,810 |
| Accounts payable and accrued expenses | $129,484 |
| Grants payable | $0 |
| Deferred revenue | $851,920 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $15,864 |
| 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 | $73,033 |
| Total liabilities | $1,070,301 |
| Net assets without donor restrictions | $1,360,409 |
| Net assets with donor restrictions | $15,100 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,445,810 |