Camano Island Chamber Of Commerce
- Assets
- $212.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Camano Island, WA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 91-1316239
Organization Overview
Camano Island Chamber Of Commerce is located in Camano Island, WA. The organization was established in 2014. 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. Camano Island 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, Camano Island Chamber Of Commerce generated $166.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $159.6k during the year ending 12/2022. While expenses have increased by 14.7% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
CAMANO ISLAND CHAMBER OF COMMERCE PROVIDES A VISITOR INFORMATION CENTER FOR THE ISLAND, HAS MONTHLY GENERAL MEMBERSHIP MEETINGS TO HELP MEMBER BUSINESSES, HOLD JOINT CHAMBER MEETINGS WITH THE STANWOOD CHAMBER OF COMMERCE TO EXPAND INTEREST IN LOCAL BUSINESS, PROVIDES SCHOLARSHIP FOR LOCAL STANWOOD CAMANO ISLAND SCHOOL DISTRICT SENIORS, HOSTS FUNDRAISERS AND SPONSORSHIPS OF EVENTS TO SUPPORT BUSINESS AND COMMUNITY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Fay President | 2 | $0 | |
Cherie Cross Vice Preside | 1 | $0 | |
Brandon Ericson Treasurer | 1 | $0 | |
Cat Olson Secretary | 1 | $0 | |
Mike Nestor Past Preside | 1 | $0 | |
Ellen Bohn Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,089 |
| Total Program Service Revenue | $78,974 |
| Membership dues | $27,040 |
| Investment income | $79 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,638 |
| Other Revenue | $0 |
| Total Revenue | $166,820 |
| 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 | $51,789 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $107,856 |
| Total expenses | $159,645 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $212,802 |
| Other assets | $0 |
| Total assets | $212,802 |
| Total liabilities | $0 |
| Net assets or fund balances | $212,802 |