Ocean Pine Chamber Of Commerce
- Assets
- $21.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Berlin, MD
- Founding
- 05/1985
- Data as of
- 12/2023
- EIN
- 52-1282903
Organization Overview
Ocean Pine Chamber Of Commerce is located in Berlin, MD. The organization was established in 1985. 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. Ocean Pine 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 12/2023, Ocean Pine Chamber Of Commerce generated $147.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $154.3k during the year ending 12/2023. While expenses have increased by 5.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derrick Elzey Chair | 5 | $0 | |
Donna Frankowski Vice Chair | 5 | $0 | |
Tylor Lennox Treasurer | 5 | $0 | |
Ashley Haldeman Secretary | 5 | $0 | |
Celeste Miller Board Member | 5 | $0 | |
Don Boger Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,493 |
| Total Program Service Revenue | $37,053 |
| Membership dues | $0 |
| Investment income | $94 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,716 |
| Other Revenue | $10,184 |
| Total Revenue | $147,540 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $72,691 |
| Professional fees and other payments to independent contractors | $1,366 |
| Occupancy, rent, utilities, and maintenance | $23,991 |
| Printing, publications, postage, and shipping | $7,647 |
| Other expenses | $48,616 |
| Total expenses | $154,311 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,975 |
| Other assets | $0 |
| Total assets | $20,975 |
| Total liabilities | $3,429 |
| Net assets or fund balances | $17,546 |