Skip to content
Nonprofiteer
← SHENANDOAH ECONOMIC DEVELOPMENT CORP

Form 990 for tax year 2024

Filed by SHENANDOAH ECONOMIC DEVELOPMENT CORP.

Totals

Total revenue
$281,181
Total expenses
$261,198
Contributions and grants received
$280,995
Grants paid
$3,153
Program service revenue
$0
Investment income
$120
Other revenue
$66
Total assets, end of year
$71,093
Total liabilities, end of year
$9,378
Net assets or fund balances, end of year
$61,715
Program services expenses (Part IX)
$235,220
Management and general expenses
$25,978
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 90.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $55,675

  • 1e · Government grants (contributions)

    $152,290

  • 1f · All other contributions, gifts and grants

    $73,030

  • 3 · Investment income

    total $120 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $2,000

  • 6b · Less rental expenses

    real property $1,934

  • 6c · Rental income or loss

    real property $66

  • 6d · Net rental income or loss

    total $66 · related or exempt $66

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,153 · program services $3,153

  • 5 · Compensation of officers, directors and key employees

    total $128,218 · program services $118,129 · management and general $10,089 · fundraising $0

  • 7 · Other salaries and wages

    total $3,919 · program services $0 · management and general $3,919 · fundraising $0

  • 9 · Other employee benefits

    total $4,000 · program services $3,200 · management and general $800 · fundraising $0

  • 10 · Payroll taxes

    total $10,216 · program services $9,112 · management and general $1,104 · fundraising $0

  • 11c · Fees: accounting

    total $1,080 · program services $330 · management and general $750 · fundraising $0

  • 11g · Fees: other

    total $5,663 · program services $5,663 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $15,469 · program services $13,532 · management and general $1,937 · fundraising $0

  • 13 · Office expenses

    total $8,939 · program services $7,151 · management and general $1,788 · fundraising $0

  • 16 · Occupancy

    total $16,515 · program services $13,212 · management and general $3,303 · fundraising $0

  • 20 · Interest

    total $1,071 · program services $857 · management and general $214 · fundraising $0

  • 23 · Insurance

    total $6,771 · program services $5,417 · management and general $1,354 · fundraising $0

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $326 · program services $163 · management and general $163 · fundraising $0

  • 24b · Other expenses: POSTAGE

    total $586 · program services $469 · management and general $117 · fundraising $0

  • 24c · Other expenses: MISCELLANEOUS

    total $440 · program services $0 · management and general $440 · fundraising $0

  • 24d · Other expenses: CHAMBER PROJECTS

    total $54,832 · program services $54,832 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $20,474 · end of year $35,922

  • 10a · Land, buildings and equipment: cost or other basis

    $35,171

  • 10c · Land, buildings and equipment, net

    beginning of year $35,171 · end of year $35,171

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,913 · end of year $9,378

  • 31 · Retained earnings, endowment or other funds

    beginning of year $41,732 · end of year $61,715

Mission and programs · 2024

Mission

THE MISSION OF SHENANDOAH CHAMBER & INDUSTRY ASSOCIATION IS TO IMPROVE THE ECONOMIC VITALITY, TO EXPAND HIGH PAYING EMPLOYMENT OPPORTUNITIES, ENHANCE RETAIL SHOPPING, AND TO SUPPORT MAJOR

  • SHENFEST, FARMERS MARKET, CHRISTMAS, SNO DOUGH, LEGISLATIVE COFFEES, CHOCOLATE WALK, SIDEWALK SALE, MARATHON, MOONLIGHT MADNESS, DISABILITY AWARENESS WALK, EVERLY HERITAGE DAY AND CHAMBER COFFEES - PROMOTE COMMUNITY DEVELOPMENT AND TO SHOWCASE AREA BUSINESSESS AND ACTIVITIES AVAILABLE IN THE COMMUNITY

  • ANNUAL MEETING - AN EVENT TO PROMOTE NEW ECONOMIC DEVELOPMENT AND EXSISTING RETAIL BUSINESSES AND COMMUNITY SUPPORT AND INVOLVEMENT

  • BUSINESS & INDUSTRY RECRUITMENT AND RETENTION - BOTH SMALL AND LARGE BUSINESS - ATTRACT BUSINESS & INDUSTRIES TO AID IN ECONOMIC DEVELOPMENT FOR PURPOSE OF PROVIDING EMPLOYMENT OPPORTUNITIES

As filed on the 2024 return.

Listed in Part VII

  • Matt Sells

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Osborn

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Bill Ditmars

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Kerri Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amy Zwickel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Becky Leporte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Julie O'Hara

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Finn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cory Scamman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Aaron O'Brien

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Margaret Brady

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gregg Connell

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $77,772
    From this org
    $77,772
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Chris Clark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Earl Hendrickson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shelly Warner

    SECRETARY

    Total calculated
    $50,447
    From this org
    $50,447
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
11 April 2025
IRS schema version
2024v5.1
Source object
202541349349304549

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.