Madeira Chamber Of Commerce
- Assets
- $153.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madeira, OH
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 90-0594467
Organization Overview
Madeira Chamber Of Commerce is located in Madeira, OH. The organization was established in 2010. 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. Madeira 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 12/2021, Madeira Chamber Of Commerce generated $100.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $92.2k during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED MADEIRA OHIO BUSINESSES WITH NETWORKING AND PROMOTIONAL EVENTS AND EDUCATION PROGRAMS FOR ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Goetz Vice President | 5 | $0 | |
Stephen Shaw Board Member | 1 | $0 | |
Brian Huwel Board Member | 1 | $0 | |
David Walsh Treasurer | 12 | $0 | |
David Peterson Executive Dir. | 10 | $0 | |
Lori Eddleman Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,500 |
| Total Program Service Revenue | $31,780 |
| Membership dues | $60,617 |
| Investment income | $264 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $120 |
| Total Revenue | $100,281 |
| 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 | $792 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $91,430 |
| Total expenses | $92,222 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,697 |
| Other assets | $0 |
| Total assets | $153,697 |
| Total liabilities | $173 |
| Net assets or fund balances | $153,524 |
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|---|---|---|
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Indy Championships Fund Inc Indianapolis, IN | $6,870,300 | $5,470,881 |
Cincinnati Usa Regional Chamber Foundation Cincinnati, OH | $5,241,564 | $8,994,630 |
United States Auto Club Inc Speeway, IN | $9,462,749 | $8,803,696 |
Kentucky Chamber Of Commerce Inc Frankfort, KY | $9,516,426 | $9,027,627 |
Materials Research Society Warrendale, PA | $13,527,707 | $7,097,114 |