Sarasota Chamber Of Commerce

Organization Overview

Sarasota Chamber Of Commerce is located in Sarasota, FL. The organization was established in 1968. 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 09/2022, Sarasota Chamber Of Commerce employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sarasota 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 09/2022, Sarasota Chamber Of Commerce generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $1.4m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE GREATER SARASOTA CHAMBER OF COMMERCE WORKS TO CULTIVATE SARASOTA'S PROSPERITY AND QUALITY OF LIFE THROUGH OUR MEMBER BUSINESSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GOVERNMENT ISSUES/WORKFORCE - VARIOUS TASK FORCES AND COMMITTEES STRIVE TO IMPROVE THE GENERAL BUSINESS CLIMATE BY COMMUNICATING NEEDS OF THE BUSINESS SECTOR. PROVIDNG WORKFORCE SOLUTIONS FOR COMMUNITY COMPANIES.


YPG YOUNG PROFESSIONALS GROUP THAT PROVIDES EDUCATIONAL, LEADERSHIP, RESOURCES AND NETWORKING TO THE UNDER 40 GROUP OF WORKING PROFESSIONALS IN THE REGION.


MEMBERSHIP SERVICES - ENSURES A CONTINUED STRONG MEMBERSHIP BASE TO ENABLE THE CHAMBER TO PURSUE ITS BUSINESS PLAN BY CONDUCTING ACTIVITIES AND BY PROVIDING BUSINESS INFORMATION TO MEMBERS, THUS BUILDING A STRONG DIVERSIFIED LOCAL ECONOMY.


LEADERSHIP SARASOTA COUNTY - OFFERS AN OPPORTUNITY FOR THOSE ENTHUSIASTIC ABOUT AND INTERESTED IN LEADERSHIP AND WELFARE OF OUR COMMUNITY TO GO BEHIND THE SCENES AND SEE "HOW THINGS WORK". THE CLASS ADOPTS A CLASS PROJECT LEAVING A LASTING IMPACT IN THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Dennis Murphy
Chair
$0
Andy Guz
Director
$0
John Lacivita
Director
$0
Kelley Lavin
Director
$0
Kim Livengood
Director
$0
Kirk Boylston
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$73,080
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$73,080
Total Program Service Revenue$1,140,754
Investment income $2,789
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $44,184
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $89,801
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,382,520

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