Ocala Business Leaders Inc
- Assets
- $25.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocala, FL
- Founding
- 03/2008
- Data as of
- 12/2019
- EIN
- 59-3750132
Organization Overview
Ocala Business Leaders Inc is located in Ocala, FL. The organization was established in 2008. 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. Ocala Business Leaders 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 12/2019, Ocala Business Leaders Inc generated $47.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $50.8k during the year ending 12/2019. While expenses have increased by 10.0% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
HOLD WEEKLY BREAKFAST MEETINGS TO NETWORK AND MEET WITH MEMBERSHIP. SPONSOR MEMBER NETWORKING EVENTS MONTHLY.PROVIDE FOR A NETWORKING TRADE SHOW EVENT ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Heagy President | 4 | $0 | |
Mike Mckee VP Membership | 4 | $0 | |
Jean Henning Secretary | 4 | $0 | |
Russ Moore Past President | 1 | $0 | |
April Savarese Director | 1 | $0 | |
Clark Yandle Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $35,933 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,966 |
| Total Revenue | $47,904 |
| Statement of Expenses | |
|---|---|
| Total expenses | $50,808 |
| Balance Sheet | |
|---|---|
| Total assets | $25,873 |
| Total liabilities | $507 |
| Net assets or fund balances | $25,366 |
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