Mercer Island Chamber Of Commerce
- Assets
- $105.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mercer Island, WA
- Founding
- 08/1948
- Data as of
- 12/2021
- EIN
- 91-6058442
Organization Overview
Mercer Island Chamber Of Commerce is located in Mercer Island, WA. The organization was established in 1948. 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. Mercer 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 12/2021, Mercer Island Chamber Of Commerce generated $130.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $97.3k during the year ending 12/2021. While expenses have increased by 4.0% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Skone President | 3 | $0 | |
John A Scherzo Treasurer | 6 | $0 | |
Marilyn Chorak Secratary | 2 | $0 | |
Robert Toomey Director | 0.5 | $0 | |
Kay Hirai Director | 0.5 | $0 | |
Eruc Thaua Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,529 |
| Total Program Service Revenue | $44,152 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,681 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,217 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,183 |
| Printing, publications, postage, and shipping | $1,076 |
| Other expenses | $33,851 |
| Total expenses | $97,327 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,999 |
| Other assets | $0 |
| Total assets | $104,999 |
| Total liabilities | $11,085 |
| Net assets or fund balances | $93,914 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Master Builders Association Of King And Snohomish Counties Bellevue, WA | $50,140,289 | $12,586,024 |
Greater Seattle Chamber Of Commerce Seattle, WA | $24,652,320 | $11,051,510 |
Wafla Lacey, WA | $11,233,432 | $9,712,213 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
Cloud Security Alliance Seattle, WA | $2,184,209 | $7,501,153 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Archbright Seattle, WA | $17,744,548 | $6,553,314 |
Associated General Contractors Of Washington Seattle, WA | $55,149,734 | $7,565,354 |
Fido Alliance Inc Beaverton, OR | $3,413,033 | $5,016,391 |
Usb Implementers Forum Inc Beaverton, OR | $6,239,445 | $5,610,966 |
Western Energy Institute Portland, OR | $4,801,520 | $4,393,865 |
Merchant Risk Council Inc Seattle, WA | $6,892,922 | $3,889,563 |