Y S Chamber Of Commerce

Organization Overview

Y S Chamber Of Commerce, operating under the name Yellow Springs Chamber Of Comm, is located in Yellow Springs, OH. The organization was established in 1989. 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. As of 12/2021, Yellow Springs Chamber Of Comm employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yellow Springs Chamber Of Comm 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, Yellow Springs Chamber Of Comm generated $68.8k 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 (14.7%) each year. All expenses for the organization totaled $65.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE ECONOMIC DEVELOPMENT FOR YELLOW SPRINGS AND MIAMI TOWNSHIP AND TO MAINTAIN AND IMPROVE THE PROSPERITY OF ITS MEMBER BUSINESSES AND ORGANIZATIONS THROUGH ADVOCACY, MENTORING, EDUCATION, NETWORKING, MARKETING, COMMUNITY EVENTS, AND DISCOUNT PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING 2021 THE BOARD MET SEVERAL TIMES TO DEVELOPE A VIABLE PLAN TO ORGANIZE THE STREET FAIR FOR THE FIRS TTIME AFTER COVID LOCKDOWN. ULTIMATELY THE STREET FAIR WAS NOT PURSUED DUE TO LOCAL OPPOSITION AND CONCERN OVER COVID19.


THROUGHOUT COVID RESTRICTIONS THE CHAMBER CONTINUED TO FACILITATE MEETINGS AND SEMINARS FOR MEMBER BUSINESSES AND ORGANIZATIONS TO DISCUSS BUSINESS ISSUES AND PROMOTE MENTORING, EDUCATION, AND NETWORKING. DURING THE COVID LOCKDOWN, PPE, LOAN GUIDANCE, SIGNAGE FOR MERCHANTS, AND OTHER GENERAL SUPPORT PERTAINING TO NAVIGATING THE PANDEMIC CONTINUED TO BE PROVIDED BY THE CHAMBER. IN DECEMBER THE CHAMBER ORGANIZED THE HOLIDAY IN THE SPRINGS EVENT ATTRACTING VILLAGERS AND BUSINESS OWNERS FOR THE LIGHTING THE CHRISTIMAS TREE IN TOWN.


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Board, Officers & Key Employees

Name (title)Compensation
Carl Lea
Board Member
$0
Ashley Mangen
Treasurer
$0
Mark Heise
Board Member
$0
Sarah Courtright
Board Member
$0
Ryan Aubin
Secretary
$0
Jason Bailey
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$24,642
Fundraising events$0
Related organizations$0
Government grants $15,999
All other contributions, gifts, grants, and similar amounts not included above$4,565
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$45,206
Total Program Service Revenue$22,803
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $68,849

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