Hunterdon County Chamber Of Commerce Foundation

Organization Overview

Hunterdon County Chamber Of Commerce Foundation is located in Flemington, NJ. The organization was established in 2014. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Hunterdon County Chamber Of Commerce Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Hunterdon County Chamber Of Commerce Foundation generated $133.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $153.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE GOAL OF THIS ORGANIZATION IS TO ESTABLISH A CENTER FOR BUSINESS & ENTREPRENEURSHIP AND ALSO IS EFFECTIVELY FOCUSING THE SKILLS AND RESOURCES OF THE GREATER HUNTERDON COUNTY BUSINESS COMMUNITY AND ADVANCING THE INTEREST OF THE HUNTERDON COUNTY BUSINESS COMMUNITY THORUGH BUSINESS RESOURCES, ECONOMIC & WORKFORCE DEVELOPMENT, LEADERSHIP DEVELOPMENT, TOURISM, PHILANTHROPY, AND THE PROMOTION OF HTE CIVIC, EDUCATIONAL, CULTURAL AND ECONOMIC INTEREST OF THE REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LEADERSHIP HUNTERDON, A PROGRAM INITIATED IN 2012 BY THE HUNTERDON COUNTY CHAMBER OF COMMERCE, WAS CREATED TO TRANSFORM PEOPLE TO BECOME TRUSTEES OF OUR COMMUNITIES, TO BECOME LEADERSHIP RESOURCES AND WORK FOR THE BETTERMENT OF HUNTERDON COUNTY. ONE OF THE GOALS FOR PARTICIPANTS IN LEADERSHIP HUNTERDON IS TO DEVELOP STRONG LEADERSHIP QUALITIES WITHIN THEIR RESPECTIVE ORGANIZATIONS. INDIVIDUALS ARE ABLE TO ENHANCE THEIR DECISION MAKING AND STRATEGIC THINKING AND ACQUIRE IN-DEPTH EXPOSURE TO HUNTERDON COUNTY BUSINESS LEADERS, COMMUNITY LEADERS, NON-PROFIT LEADERS AND POLITICAL LEADERSHIP. THE CLASS IS MADE UP OF INDIVIDUALS FROM LOCAL BUSINESSES AND NON-PROFIT ORGANIZATIONS THAT HAVE A PASSION TO LEARN ABOUT HUNTERDON COUNTY AS WELL AS THEMSELVES. FOR 9 MONTHS, THE CLASS BECOMES IMMERSED IN A "BEHIND THE SCENES" OVERVIEW OF HUNTERDON COUNTY THAT EXPLORES THE MANY FACETS THAT SHAPE THE CURRENT MAKE-UP OF THE COUNTY.


THE BUSINESS HALL OF FAME WAS ESTABLISHED IN 2017 TO RECOGNIZE INDIVIDUALS, ORGANIZATIONS AND COMPANIES THAT HAVE MADE SIGNIFICANT LIFETIME ACCOMPLISHMENTS TO THE HUNTERDON COUNTY BUSINESS COMMUNITY. THE EVENT IS GEARED TO EDUCATE AND INSPIRE OUR CURRENT BUSINESS COMMUNITY AND THROUGH A SERIES OF VIDEOS HAVE AN EDUCATIONAL COMPONENT THAT WILL BE SHARED WITH THE COMMUNITY AND OUR EDUCATIONAL SYSTEM TO INSPIRE THE NEXT GENERATION OF ENTREPRENEURSHIP IN HUNTERDON COUNTY.


THE FOUNDATION PROVIDES A HOME FOR THE PLATFORM, PROGRAMMING AND ACTIVITIES THAT COMPRISE THE CENTER FOR BUSINESS AND ENTREPRENEURSHIP. THE CENTER PROVIDES BENEFITS FOR BOTH THE PROFIT AND NON-PROFIT COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Amy Conover
Board Member
$0
Nicholas Pellitta ESQ
Chair
$0
Rosemary Fellner
Board Member
$0
Edward Kurowicki
Board Member
$0
Elizabeth Lowe
Board Member
$0
James Robinson
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $16,071
All other contributions, gifts, grants, and similar amounts not included above$41,367
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$57,438
Total Program Service Revenue$45,841
Investment income $1
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $15,075
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $133,355

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