Gloucester County Chamber Of Commerce
- Assets
- $96.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gloucester, VA
- Founding
- 10/1988
- Data as of
- 12/2021
- EIN
- 54-1034784
Organization Overview
Gloucester County Chamber Of Commerce is located in Gloucester, VA. The organization was established in 1988. 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. Gloucester County 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, Gloucester County Chamber Of Commerce generated $81.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $81.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. 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 |
|---|---|---|---|
Makalia Records Executive Di | 40 | $49,215 | |
Dr Wayne Reynolds Director | 2 | $0 | |
Jill Ortiz President | 2 | $0 | |
Steve Wood Treasurer | 2 | $0 | |
Brian Kirschbaum Past Preside | 2 | $0 | |
Corina Williams Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,332 |
| Total Program Service Revenue | $0 |
| Membership dues | $70,519 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,912 |
| Other Revenue | $4 |
| Total Revenue | $80,966 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,781 |
| Professional fees and other payments to independent contractors | $3,383 |
| Occupancy, rent, utilities, and maintenance | $10,329 |
| Printing, publications, postage, and shipping | $368 |
| Other expenses | $13,296 |
| Total expenses | $81,157 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,281 |
| Other assets | $0 |
| Total assets | $96,717 |
| Total liabilities | $1,213 |
| Net assets or fund balances | $95,504 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gloucester County Chamber Of Commerce has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Cook Foundation Gloucester, VA PURPOSE: OPERATIONS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Iron And Steel Institute Washington, DC | $8,995,281 | $11,889,127 |
Helicopter Association International Inc Alexandria, VA | $38,045,658 | $4,215,283 |
Association Of American Publishers Inc Washington, DC | $3,482,089 | $6,511,300 |
American Resorts & Residential Dev Washington, DC | $15,913,625 | $10,097,639 |
Touchstone Energy Cooperative Inc Arlington, VA | $11,702,200 | $9,798,586 |
International Zinc Association Durham, NC | $9,583,285 | $9,824,037 |
Financial Services Institute Inc Washington, DC | $15,307,729 | $9,484,774 |
Association For Unmanned Vehicle Systems International Arlington, VA | $11,175,966 | $8,710,398 |
American Urologigal Association Inc Linthicum Heights, MD | $11,900,601 | $8,448,831 |
Reinsurance Association Of America Washington, DC | $8,490,929 | $8,536,934 |
Intermodal Association Of North America Inc Calverton, MD | $29,793,038 | $11,206,056 |
340b Health Washington, DC | $25,548,585 | $9,750,586 |