NonprofitsYarmouth Chamber Of Commerce Inc

Yarmouth Chamber Of Commerce Inc

YARMOUTH, ME

Total revenue

$516K

Total expenses

$466K

Net assets

$251K

Grants received

EIN

010356733

Tax year

2024

Mission

The yarmouth chamber of commerce provides support to local businesses and community including multiple programs, activities, and scholarships.

Programs

1 program

Yarmouth chamber of commerce programs that support local businesses and the community include business after hours, breakfast and lunch events, a golf tournament and a holiday party. A portion of funds received support local scholarships. The chamber hosts the spririt of excellence awards: this program recognizes outstanding non-managerial employees from local businesses and non-profits in yarmouth. It is a formal event (reception) in which nominees are honored for criteria such as outstanding commitment, serving as a role model, and contributing significantly to their organizations success. The event includes nomination processes, sponsorships, publicity, and the reception. It serves to build morale, foster recognition of the workforce, and strengthen connections among businesses and their employees. Each year, the yarmouth chamber of commerce awards scholarships to graduating seniors from yarmouth high school and north yarmouth academy who demonstrate academic excellence achievement, community involvement, and an interest in business or related fields. The program is funded through chamber fundraising initiatives and direct contributions from local businesses. Its goals are to support local youth in pursuing high education, foster leadership in the next generation of professionals, and strengthen ties between the business community and yarmouth schools. The application process is managed in collaboration with ysh and nya guidance department, and awardees are recognized at a community event or through chamber communications.

Financials

FY 2024

Revenue

Contributions & grants$145K
Program service revenue$319K
Investment income$1K
Other revenue$52K
Total revenue$516K

Expenses

Grants paid$4K
Salaries & benefits$94K
Fundraising
Other expenses$369K
Total expenses$466K
Total assets$257K
Net assets$251K

People

10 listed

NameRoleCompensation

JULIE CHEW

DIRECTOR

Board

0.6 hrs/wk

KRISTA COLE

DIRECTOR

Board

0.6 hrs/wk

AMY COLLINS

DIRECTOR

Board

0.6 hrs/wk

JENNA CROTEAU

DIRECTOR

Board

0.6 hrs/wk

DANIEL FALKENBERG

TREASURER

Board

0.8 hrs/wk

TORI HILL

DIRECTOR

Board

0.6 hrs/wk

BENJAMIN JACKSON

DIRECTOR

Board

0.6 hrs/wk

KRISTINA KELSHAW

SECRETARY/V.

Board

0.8 hrs/wk

KENNEDI SYPHAX SHIELDS

DIRECTOR

Board

0.6 hrs/wk

MARSHALL WALLACH

PRESIDENT

Board

0.8 hrs/wk

Details

EIN010356733
Subsection06
Ruling date1978-09
Formed1978
Employees2
Volunteers80
YARMOUTH CHAMBER OF COMMERCE INC — Mission, Financials & Grants Received | Grantivo