Hobart Chamber Of Commerce Inc is located in Hobart, IN. The organization was established in 1953. 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. Hobart 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 12/2023, Hobart Chamber Of Commerce Inc generated $73.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $87.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION OF COMMERCE IN HOBART, IN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dee Bedella Secretary | 0 | $0 | |
Jennifer Gunning Treasurer | 0 | $0 | |
Jason Beres President | 0 | $0 | |
Jorge Gutierrez President Elect | 0 | $0 | |
Chrissy Janusaitis 1st Vice President | 0 | $0 | |
Harry Langbehn Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $50,860 |
Investment income | $20 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $11,456 |
Other Revenue | $11,365 |
Total Revenue | $73,701 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $45,000 |
Professional fees and other payments to independent contractors | $6,738 |
Occupancy, rent, utilities, and maintenance | $6,310 |
Printing, publications, postage, and shipping | $4,535 |
Other expenses | $24,397 |
Total expenses | $86,980 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,516 |
Other assets | $0 |
Total assets | $11,516 |
Total liabilities | $961 |
Net assets or fund balances | $10,555 |