Chart-Exchange Inc is located in Claymont, DE. The organization was established in 2016. 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. Chart-Exchange 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, Chart-Exchange Inc generated $10.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (51.5%) each year. All expenses for the organization totaled $301.0 during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (85.0%) per year over the past 3 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CHART EXCHANGE, INC. IS TO PROVIDE AN OPEN FORUM FOR U.S. BASED INSURANCE COMPANIES SO THAT THEY CAN ACCESS AND INTERACT WITH LONDON MARKETS MORE EFFECTIVELY.
Describe the Organization's Program Activity:
Part 3
THE CHART EXCHANGE INC. SERVES AS AN ADVOCATE FOR THE UNITED STATES AND LONDON INSURANCE MARKETPLACE PROVIDING EDUCATION, RECRUITMENT, AND NETWORKING OPPORTUNITIES.
THE CHART EXCHANGE INC. SERVES AS AN ADVOCATE FOR THE UNITED STATES AND LONDON INSURANCE MARKETPLACE PROVIDING EDUCATION, RECRUITMENT, AND NETWORKING OPPORTUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Glenn W Clark President | 0 | $0 | |
Franics J Huver Secretary/tr | 0 | $0 | |
Thomas Wilson Jr Vice Preside | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,696 |
Total Program Service Revenue | $500 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $10,196 |
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 | $0 |
Other expenses | $301 |
Total expenses | $301 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |