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VENANGO AREA CHAMBER OF COMMERCE

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Public IRS 990 nonprofit record

VENANGO AREA CHAMBER OF COMMERCE

EIN 20-2835456 · Chambers of Commerce & Business Leagues (S41)

What they do

THE VENANGO AREA CHAMBER of COMMERCE BUILDS, SERVES and PROMOTES REGIONAL BUSINESS. THE CHAMBER STRIVES to KEEP PROGRAMS CURRENT and RESPONSIVE to THE DEMANDS of VENANGOS CURRENT BUSINESS CLIMATE, ACTING AS A BRIDGE THAT LINKS BUSINESSES, ORGANIZATIONS and RESIDENTS TOGETHER WITH INNOVATIVE PROGRAMS THAT STRENGTHEN VENANGO COUNTYS LONG-TERM ECONOMIC VITALITY, BUSINESS SUCCESS, JOB CREATION and QUALITY of LIFE. WE PROVIDE SEVERAL WAYS for OUR MEMBERS to ENHANCE THEIR CREDIBILITY, GAIN RECOGNITION, HAVE A VOICE IN ISSUES AFFECTING BUSINESS, IMPROVE THEIR BOTTOM LINES, GET INVOLVED THROUGH NETWORKING EVENTS and VOLUNTEERING, and SO MUCH MORE

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$120.78spent for every $100 of revenueSpending was higher than revenue this year.
13.35%of revenue went to management and office costs11.1% of expenses
$0.54in assets for every $1 spent this yearSome assets cannot be spent right away.
50.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $78,698 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$378,762
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$50,56913.35% of revenue11.1% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$457,460120.78% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 0.0% mission · 11.1% management · 0.0% fundraisingTotal expenses: 120.78% of revenue
2023Expense mix: 0.0% mission · 11.0% management · 0.0% fundraisingTotal expenses: 91.23% of revenue
2022Expense mix: 0.0% mission · 11.5% management · 0.0% fundraisingTotal expenses: 114.50% of revenue
2020Expense mix: 0.0% mission · 15.4% management · 0.0% fundraisingTotal expenses: 95.37% of revenue

Money in and money out

Revenue$378,762
Expenses$457,460
Annual shortfall $78,698 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$50,569 · 11.1% of expenses
See all reported dollar amounts
Revenue$378,762
Expenses$457,460
Assets$245,413
Income$378,762
Contributions$191,074
Management and general$50,569
Accounting fees$1,285
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (15)

ANN RICHARDIRECTOR

CINDY GRANTDIRECTOR

DAN FLAHERTYDIRECTOR

DAVID SNEDDENDIRECTOR

FRED TERWILLIGERDIRECTOR

GREG PLOWMANDIRECTOR

JACOB DAVISDIRECTOR

JIM GEIGERDIRECTOR

KYLA PARKINSONDIRECTOR

LISA WINGERDIRECTOR

MATTHEW DEALDIRECTOR

MEGAN STERNAGELDIRECTOR

PAMELA WATKINSDIRECTOR

PETE CALENDADIRECTOR

RYAN BELLDIRECTOR

About this charity

Recognized since
January 2005
Location
PO BOX 376, OIL CITY, PA 16301-0376
County
Venango
In care of
% VENANGO AREA CHAMBER OF COMMERCE
Primary officer
SUSAN WILLIAMS, PRESIDENT / CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
RICHAR TRINCH & CO PC
NTEE classification
Chambers of Commerce & Business Leagues (S41)
IRS tax category
Chambers of Commerce & Business Leagues

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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