Catholic Business Network Of Montgomery County Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 10/2004
- Data as of
- 12/2020
- EIN
- 52-1943236
Organization Overview
Catholic Business Network Of Montgomery County Inc is located in Bethesda, MD. The organization was established in 2004. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. Catholic Business Network Of Montgomery County 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 12/2020, Catholic Business Network Of Montgomery County Inc generated $76.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $84.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 5 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
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE BENEFITS TO MEMBERS WITH VARIOUS NETWORKING OPPORTUNITIES, TO STRENGTHEN MEMBERS' CATHOLIC FAITH BY SHARING PROFESSIONAL EXPERIENCES, FOSTERING BUSINESS ETHICS AND SOCIAL RESPONSIBILITY AND PROMOTING COMMUNITY SERVICES AND TO PROVIDE SUPPORT TO CATHOLIC SERVICE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoff Gonella President | 2 | $0 | |
Meagan Sexton Vice President | 1 | $0 | |
John R Comunale Treasurer | 2 | $0 | |
Andrew Ryan Immediate Past President | 2 | $0 | |
Ana Chapa Director | 1 | $0 | |
Anne Gemunder Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $76,159 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,159 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $389 |
| Other expenses | $31,560 |
| Total expenses | $84,183 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |