New Castle Chamber Of Commerce Inc
- Assets
- $123.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Castle, IN
- Founding
- 06/1943
- Data as of
- 12/2021
- EIN
- 35-0544580
Organization Overview
New Castle Chamber Of Commerce Inc is located in New Castle, IN. The organization was established in 1943. 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. New Castle 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 12/2021, New Castle Chamber Of Commerce Inc generated $138.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $122.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) 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
BE AN ACTIVE VOICE FOR MEMBERSHIP AND COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shonda Kane Executive Di | 40 | $36,368 | |
Latina Masters 1st Vice Pre | 1 | $0 | |
Marka Sonoga 2nd Vice Pre | 1 | $0 | |
Cindi Kiner President | 1 | $0 | |
Kevin Brown Secretary | 1 | $0 | |
Cara Huffman Past Preside | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,370 |
| Total Program Service Revenue | $61,742 |
| Membership dues | $51,915 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,984 |
| Other Revenue | $0 |
| Total Revenue | $138,052 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,644 |
| Professional fees and other payments to independent contractors | $2,895 |
| Occupancy, rent, utilities, and maintenance | $8,756 |
| Printing, publications, postage, and shipping | $1,806 |
| Other expenses | $46,338 |
| Total expenses | $122,439 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,506 |
| Other assets | $0 |
| Total assets | $123,241 |
| Total liabilities | $10,218 |
| Net assets or fund balances | $113,023 |
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