Overview
What is Commerce Chenango Inc?
Commerce Chenango Inc, located at 15 South Broad Street, Norwich, NY 13815, is a nonprofit organization dedicated to supporting other not-for-profit organizations with similar missions. Their services include personnel management, fiscal management, and the use of office facilities. Their mission is to foster partnerships with businesses and various levels of government to leverage resources, ultimately contributing to sustainable economic growth in Chenango County. With a team of nine individuals, Commerce Chenango Inc aims to serve its members and the community at large.
Official website here: www.chenangony.org
Is Commerce Chenango Inc legitimate?
Commerce Chenango Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Commerce Chenango Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $66,623
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,252
For more financial information, click here
Official website here: www.chenangony.org
What is the mission statement of Commerce Chenango Inc?
Commerce Chenango Inc is committed to serving its members and the community of Chenango County. They achieve this by forming partnerships with businesses and various levels of government, leveraging resources to facilitate sustainable economic growth. In addition to serving its members, Commerce Chenango Inc also provides administrative services to not-for-profit organizations with similar missions, offering support in areas such as personnel management and fiscal management. The organization's goal is to contribute positively to the community's economic development.
Official website here: www.chenangony.org
Who is the CEO of Commerce Chenango Inc?
Kurt Edwards is the Director of Commerce Chenango Inc.
Official website here: www.chenangony.org
What is the revenue of Commerce Chenango Inc?
Commerce Chenango Inc's revenue in 2022 was $733,569.
Official website here: www.chenangony.org
Who are the executives of Commerce Chenango Inc and what are their salaries?
The average compensation at Commerce Chenango Inc during 2022 was $31,764. There are 9 employees and 15 volunteers at Commerce Chenango Inc.
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- Compensation: $50,319
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- Other: $2,054
Official website here: www.chenangony.org
Where can I find the form 990 for Commerce Chenango Inc?
Commerce Chenango Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chenangony.org
Learn more at the official website: www.chenangony.org
Mission Statement of Commerce Chenango Inc
Commerce Chenango Inc, a not-for-profit organization, is committed to serving its members and the community of Chenango County. Their mission is achieved through strategic partnerships with businesses and various levels of government. Their primary goal is to leverage resources effectively, fostering sustainable economic growth in the region. To accomplish this, Commerce Chenango Inc provides administrative services to other organizations with a similar mission. These services may encompass various aspects, such as personnel management, financial management, and the utilization of office facilities. The organization's mission is aimed at creating a thriving and economically prosperous community for all its members and residents.
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Impact
October, 2024
Commerce Chenango Inc significantly impacts Chenango County by fostering economic development and collaboration among businesses and government entities. By leveraging resources, they facilitate sustainable growth that benefits both local enterprises and the community at large. Their initiatives encompass a range of programs designed to provide essential administrative services to not-for-profit organizations with similar goals, including personnel and fiscal management, thereby enhancing operational efficiency.
Through strategic partnerships and localized efforts, Commerce Chenango Inc plays a vital role in community improvement, empowering local businesses to thrive and contributing to the overall economic vitality of the region. Their commitment to serving members and the wider population positions them as a cornerstone of economic resilience and growth in Chenango County.
This information is meant to be a general summary of Commerce Chenango Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $46
- Program Service Revenue: $703,523
- Gross Receipts: $733,569
Assets and Liabilities:
- Total Assets: $195,612
- Total Liabilities: $172,815
- Net Assets: $22,797
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE SERVICE
Revenue
$173,045
MEMBERSHIP DUES
Revenue
$121,914
ECONOMIC DEVELOPMENT
Revenue
$116,068
TOURISM CONTRACT
Revenue
$99,825
OTHER PROGRAM REVENUE
Revenue
$65,114
Organization Details
Founding Year
1959
Phone
(607) 334-1400Principal Officer
Kurt Edwards
Main Address
15 SOUTH BROAD STREET, NORWICH, NY, 13815
Website
www.chenangony.orgNTEE Category
Code: S30 - Community improvement
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