Portland Independent Business & Community Alliance
- Assets
- $10.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- 01/2009
- Data as of
- 06/2023
- EIN
- 87-0781455
Organization Overview
Portland Independent Business & Community Alliance is located in Portland, ME. The organization was established in 2009. 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. Portland Independent Business & Community Alliance 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 06/2023, Portland Independent Business & Community Alliance generated $18.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $17.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (15.6%) 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 |
|---|---|---|---|
Amber Mcdonald Board Member | 0 | $0 | |
Thomas Gangewer Treasurer | 0 | $0 | |
John Crane Board Member | 0 | $0 | |
Amy Landry President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,785 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,420 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,205 |
| 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 | $16,734 |
| Total expenses | $17,109 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,136 |
| Other assets | $0 |
| Total assets | $10,136 |
| Total liabilities | $250 |
| Net assets or fund balances | $9,886 |