Charleston Area Chamber Of Commerce
- Assets
- $153.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charleston, IL
- Founding
- 11/1942
- Data as of
- 12/2021
- EIN
- 37-0213958
Organization Overview
Charleston Area Chamber Of Commerce is located in Charleston, IL. The organization was established in 1942. 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. Charleston Area 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, Charleston Area Chamber Of Commerce generated $124.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $120.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) 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
LOCAL CHAMBER OF COMMERCE PROVIDING SERVICES TO MEMBERS. ALSO ACTIVE IN DEVELOPING NEW BUSINESS OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Meadows President | 35 | $23,945 | |
Doug Abolt President | 40 | $12,500 | |
Angelique Elser Asst/bookkeeper | 0.75 | $6,905 | |
Tina Held Director | 1.5 | $0 | |
Tyler Bennett Director | 1.5 | $0 | |
Todd Vilardo Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,383 |
| Total Program Service Revenue | $37,631 |
| Membership dues | $67,836 |
| Investment income | $4,211 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $124,061 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,386 |
| Professional fees and other payments to independent contractors | $14,547 |
| Occupancy, rent, utilities, and maintenance | $3,747 |
| Printing, publications, postage, and shipping | $938 |
| Other expenses | $44,750 |
| Total expenses | $120,368 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,581 |
| Other assets | $0 |
| Total assets | $153,673 |
| Total liabilities | $79,049 |
| Net assets or fund balances | $74,624 |
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|---|---|---|
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Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
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Apics Inc Chicago, IL | $42,029,595 | $30,789,675 |
International Sanitary Supply Association Rosemont, IL | $73,095,156 | $16,343,711 |