Form 990 for tax year 2022
Filed by WEBSTER CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $120,796
- Total expenses
- $77,878
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $95,290
- Investment income
- $22,910
- Other revenue
- $2,596
- Total assets, end of year
- $827,108
- Total liabilities, end of year
- $188,655
- Net assets or fund balances, end of year
- $638,453
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
2a · Program service revenue: Membership Dues
total $68,728 · related or exempt $68,728
-
2b · Program service revenue: Advertising
total $13,800 · related or exempt $13,800
-
2c · Program service revenue: Breakfast Programs
total $12,762 · related or exempt $12,762
-
3 · Investment income
total $22,910 · excluded $22,910
-
11a · Other revenue: Other Income
total $2,596 · related or exempt $2,596
-
11e · Other revenue, total
$2,596
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $33,387
-
7 · Other salaries and wages
total $10,422
-
9 · Other employee benefits
total $743
-
10 · Payroll taxes
total $3,215
-
11g · Fees: other
total $1,350
-
13 · Office expenses
total $630
-
16 · Occupancy
total $6,847
-
19 · Conferences, conventions and meetings
total $12,915
-
23 · Insurance
total $2,080
-
24a · Other expenses: Membership Dues
total $250
-
24e · All other expenses
total $6,039
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $236,981 · end of year $202,012
-
2 · Savings and temporary cash investments
beginning of year $350,168 · end of year $391,160
-
4 · Accounts receivable
beginning of year $54,276 · end of year $37,754
-
9 · Prepaid expenses and deferred charges
beginning of year $1,641 · end of year $1,641
-
10a · Land, buildings and equipment: cost or other basis
$20,899
-
10b · Land, buildings and equipment: accumulated depreciation
$20,899
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $171,928 · end of year $194,541
-
17 · Accounts payable and accrued expenses
beginning of year $212,652 · end of year $184,966
-
19 · Deferred revenue
beginning of year $50 · end of year $0
-
25 · Other liabilities
beginning of year $6,757 · end of year $3,689
-
27 · Net assets without donor restrictions
beginning of year $595,535 · end of year $638,453
Mission and programs · 2022
Mission
The Webster Chamber of Commerce is a membership driven organization that provides support, opportunities and education to its members. (Continued on Schedule O)We foster collaboration among business, community and government to promote Webster's economic vitality and quality of life. The Webster Chamber is the voice and catalyst of business. Working together, we deliver a strong community of choice.
Activities or mission (Part I)
To provide promotion and services to businesses and commercial establishments in Webster, NY.
-
The organization provides promotional and networking services to existing business and commercial establishments in the community of Webster, New York; participates in the local economic development alliance that collaborates with town, village, school district, and business improvement district for improvement, promotion, planned growth, operational community facilities and striving toward economic balance in Webster area. Additionally, WCC operates a health care insurance department that provides health insurance plans to members, businesses and their employees, and individuals collecting premiums payable to area health insurance carriers for a variety of coverage plans.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Barry Howard
President/CEO
- Total calculated
- $73,819
- From this org
- $67,108
- From related orgs
- $0
- Other
- $6,711
- Hours/week
- 45
-
Ken Dens
Director
- Total calculated
- $0
- Hours/week
- 0.8
-
Carolyn Montanaro
Board Chair
- Total calculated
- $0
- Hours/week
- 1.5
-
Diane McClure
Past Chair
- Total calculated
- $0
- Hours/week
- 1.5
-
Don White
Secretary
- Total calculated
- $0
- Hours/week
- 1.5
-
Garrett Wagner
Treasurer
- Total calculated
- $0
- Hours/week
- 1.5
-
Dan Dunn
Director
- Total calculated
- $0
- Hours/week
- 0.8
-
Lynn Dunn
Director
- Total calculated
- $0
- Hours/week
- 0.8
-
Tim Shortsleeve
Chair Elect
- Total calculated
- $0
- Hours/week
- 1.5
-
Leslie Pacer
Director
- Total calculated
- $0
- Hours/week
- 0.8
-
Tina Salvatore
Director
- Total calculated
- $0
- Hours/week
- 0.8
-
Steve Snyder
Director
- Total calculated
- $0
- Hours/week
- 0.8
-
Ric Thomann
Director
- Total calculated
- $0
- Hours/week
- 0.8
-
Russ Ziskind
Director
- Total calculated
- $0
- Hours/week
- 0.8
-
Bill Koopman
Director
- Total calculated
- $0
- Hours/week
- 0.8
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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
WCC Business Services Inc
C · Health Insurance Broker · NY · 100% owned · share of income $204,513 · share of assets $234,158 · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431309349301133
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