Newcastle Area Chamber Of Commerce is located in Newcastle, WY. The organization was established in 2002. 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. Newcastle Area 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 12/2022, Newcastle Area Chamber Of Commerce generated $42.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $46.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE CITY OF NEWCASTLE TO VISITORS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
F Henry Nessul President | 0 | $0 | |
James Currin Vice President | 0 | $0 | |
Melissa Hammond Secretary | 0 | $0 | |
Ashton Farnsworth Treasurer | 0 | $0 | |
Morgan Heiman Director/trustee | 0 | $0 | |
Julia Domina Director/trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $17,851 |
Total Program Service Revenue | $0 |
Membership dues | $20,965 |
Investment income | $67 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,781 |
Other Revenue | $0 |
Total Revenue | $42,664 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $679 |
Salaries, other compensation, and employee benefits | $33,465 |
Professional fees and other payments to independent contractors | $583 |
Occupancy, rent, utilities, and maintenance | $2,747 |
Printing, publications, postage, and shipping | $195 |
Other expenses | $8,812 |
Total expenses | $46,481 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $52,587 |
Other assets | $0 |
Total assets | $128,603 |
Total liabilities | $16,741 |
Net assets or fund balances | $111,862 |