Civic Intelligence

Southern Chester County Chamber of Commerce

990 • Fiscal year 2020 • EIN 23-1260862

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 26, 2021

8 Federal Road No 1West Grove, PA 19390

(610) 444-0774

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.49x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

77th percentile

0.17x

Higher debt load relative to revenue than 77% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

59th percentile

8.6%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

90th percentile

$69,670

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 31.6% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

70th percentile

16%

Faster asset growth than 70% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

83rd percentile

6.0%

Faster revenue growth than 83% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$75,078

Up $10,463 (+16%) from 2019

Net Assets

Up

$38,630

Up $19,019 (+97%) from 2019

Liabilities

Down

$36,448

Down $8,556 (-19%) from 2019

Revenue

Up

$220,693

Up $12,451 (+6.0%) from 2019

Expenses

Down

$201,674

Down $15,512 (-7.1%) from 2019

Net Income

Up

$19,019

Up $27,963 (+313%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0-$50KAssets 2011: $54,147Liabilities 2011: $44,403Net Assets 2011: $9,7442011Assets 2012: $72,484Liabilities 2012: $90,519Net Assets 2012: -$18,0352012Assets 2013: $44,304Liabilities 2013: $67,012Net Assets 2013: -$22,7082013Assets 2014: $59,695Liabilities 2014: $57,531Net Assets 2014: $2,1642014Assets 2015: $72,802Liabilities 2015: $36,854Net Assets 2015: $35,9482015Assets 2016: $65,902Liabilities 2016: $36,162Net Assets 2016: $29,7402016Assets 2017: $67,482Liabilities 2017: $33,502Net Assets 2017: $33,9802017Assets 2018: $66,119Liabilities 2018: $37,564Net Assets 2018: $28,5552018Assets 2019: $64,615Liabilities 2019: $45,004Net Assets 2019: $19,6112019Assets 2020: $75,078Liabilities 2020: $36,448Net Assets 2020: $38,6302020Assets 2021: $168,345Liabilities 2021: $52,096Net Assets 2021: $116,2492021Assets 2022: $125,457Liabilities 2022: $36,606Net Assets 2022: $88,8512022Assets 2023: $112,647Liabilities 2023: $44,699Net Assets 2023: $67,9482023Assets 2024: $111,749Liabilities 2024: $38,198Net Assets 2024: $73,5512024

Highlighted filing

2020

Assets$75,078
Liabilities$36,448
Net Assets$38,630

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $141,4562011Revenue 2012: $134,151Expenses 2012: $161,930Net Income 2012: -$27,7792012Revenue 2013: $154,107Expenses 2013: $158,780Net Income 2013: -$4,6732013Revenue 2014: $186,466Expenses 2014: $161,592Net Income 2014: $24,8742014Revenue 2015: $239,009Expenses 2015: $205,225Net Income 2015: $33,7842015Revenue 2016: $205,546Expenses 2016: $211,754Net Income 2016: -$6,2082016Revenue 2017: $210,134Expenses 2017: $205,894Net Income 2017: $4,2402017Revenue 2018: $213,778Expenses 2018: $219,203Net Income 2018: -$5,4252018Revenue 2019: $208,242Expenses 2019: $217,186Net Income 2019: -$8,9442019Revenue 2020: $220,693Expenses 2020: $201,674Net Income 2020: $19,0192020Revenue 2021: $298,256Expenses 2021: $220,637Net Income 2021: $77,6192021Revenue 2022: $227,242Expenses 2022: $254,640Net Income 2022: -$27,3982022Revenue 2023: $253,349Expenses 2023: $274,252Net Income 2023: -$20,9032023Revenue 2024: $234,785Expenses 2024: $229,182Net Income 2024: $5,6032024

Highlighted filing

2020

Revenue$220,693
Expenses$201,674
Net Income$19,019
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 26, 2021
Return Version
2020v4.1
Gross Receipts
$300,312
Mission and Program Overview

Mission

Supports and promotes business and economic development in the southern chester county region. The chamber seeks to strengthen the development of business and industry.the chamber also provides a means for communication among local appointed and elected officials and regional business leaders, and offers educational opportunities for businesses and foster community spirit.

Supports and promotes business and economic development in the southern chester county region of pennsylvania.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$53,713$61,717▲ $8,004
Accounts Receivable$7,580$8,624▲ $1,044
Land, Buildings, and Equipment, Net$2,222$2,222→ $0
Prepaid Expenses and Deferred Charges-$1,415-
Total Assets$64,615$75,078▲ $10,463
Other Assets Total$1,100$1,100→ $0
Liabilities
Deferred Revenue$44,507$35,910▼ $8,597
Accounts Payable and Accrued Expenses$497$538▲ $41
Total Liabilities$45,004$36,448▼ $8,556
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,611$38,630▲ $19,019
Total Net Assets Fund Balance$19,611$38,630▲ $19,019
Total Liabilities and Net Assets / Fund Balance$64,615$75,078▲ $10,463

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,222$21,629$23,851
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cheryl KuhnPresidentFT$69,670$69,670

Board Members and Trustees

NameTitle
Tim MooreChairman Elect
Betsy NiedziejkoChairman of the Board
James E TurnerImmediate Past Chairman
Claire MooneyVice Chairman
Alixandra PorriniDirector
Casey SmithDirector
Christine S GordonDirector
Christine ZaccarelliDirector
Doug DoerflerDirector
Eric KuhnDirector
Jonathan JordanDirector
Lisa a LongDirector
Martin HarrisonDirector
Meghan KlotzbachDirector
Melissa DietrichDirector
Michael MoyerDirector
Ramsey ReinerDirector
Ron BauguessDirector
Yolande RaathDirector
Paula PaisleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$154,726
Program Service Revenue
$52,290
Investment Income
$0
Other Revenue
$13,677
Change in Net Assets
$19,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$138,112
Other Expenses$63,212
Grants and Similar Amounts Paid$350
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$69,670
Other Salaries and Wages---$39,012
Other Employee Benefits---$18,219
Occupancy---$15,113
Office Expenses---$11,822
Payroll Taxes---$11,211
Information Technology---$6,599
Insurance---$2,780
Fees for Services Other---$2,031
Fees for Services Accounting---$600
Grants to Domestic Orgs---$350
Other Expenses---$300
Conferences and Meetings---$279
Travel---$92
Total Functional Expenses$0$0$0$201,674
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$89,064
Fundraising Direct Expenses$79,619
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$75,579$70,404-$70,404
Golf Tournament$38,560$18,660$13,334$5,326
Total Events$114,139$89,064$79,619$9,445
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Board received an electronic copy of the completed form 990 for review before the due date of the return.

Form 990, Part VI, Section B, Line 15

The organization has a human resources committee which is a subcommittee of the executive committee to determine employee salaries and perform annual performance reviews. The executive committee reviews the work of the human resource committee to set salaries.

Form 990, Part VI, Section C, Line 19

Part vi section c. Line 19 the organization makes these items available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Southern Chester County
EIN
23-1260862
Phone
6104440774
Address
8 FEDERAL ROAD NO 1, WEST GROVE, PA 19390

Signing Officer

Name
Paula Paisley
Title
Treasurer
Phone
6104440774
Signed
2021-10-26

Organization Details

Principal Officer
James E Turner
Formed
1945
Legal Domicile
Pa
Voting Board Members
20
Independent Board Members
20
Employees
3
Volunteers
0

Preparer

Firm
Fenstermacher & Company Pc
Address
115 SOUTH BROAD ST, KENNETT SQUARE, PA 19348
Preparer
W Chad Fenstermacher CPA
Phone
6104441215
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt02222
IRS990/LandBldgEquipCostOrOtherBssAmt023851
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0102651
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUPPORTS ITS MEMBERS AND PROMOTES BUSINESS AND ECONOMIC DEVELOPMENT IN THE SOUTHERN CHESTER COUNTY REGION. THE CHAMBER SEEKS TO STRENGTHEN THE DEVELOPMENT OF BUSINESS AND INDUSTRY.THE CHAMBER ALSO PROVIDES A MEANS FOR COMMUNICATION AMONG LOCAL APPOINTED AND ELECTED OFFICIALS AND REGIONAL BUSINESS LEADERS, AND OFFERS EDUCATIONAL OPPORTUNITIES FOR BUSINESSES AND FOSTER COMMUNITY SPIRIT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt019611
IRS990/NetAssetsOrFundBalancesEOYAmt038630
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt09445
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt09445
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt019611
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt038630
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt015113
IRS990/OfficeExpensesGrp/TotalAmt011822
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01100
IRS990/OtherAssetsTotalGrp/EOYAmt01100
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018219
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/Desc2SCHOLARSHIPS
IRS990/OtherExpensesGrp/Desc3DUES EXPENSE
IRS990/OtherExpensesGrp/TotalAmt016636
IRS990/OtherExpensesGrp/TotalAmt14335
IRS990/OtherExpensesGrp/TotalAmt22625
IRS990/OtherExpensesGrp/TotalAmt3300
IRS990/OtherOrganizationDsc0UNKNOWN
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04232
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04232
IRS990/OtherRevenueTotalAmt04232
IRS990/OtherSalariesAndWagesGrp/TotalAmt039012
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt011211
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01415
IRS990/PrincipalOfficerNm0JAMES E TURNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM/EDUCATIONAL SV
IRS990/ProgramServiceRevenueGrp/Desc1CIRCLE SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt049740
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt049740
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12550
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0116169
IRS990/PYGrantsAndSimilarPaidAmt0100
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt086286
IRS990/PYOtherRevenueAmt09408
IRS990/PYProgramServiceRevenueAmt082665
IRS990/PYRevenuesLessExpensesAmt0-8944
IRS990/PYSalariesCompEmpBnftPaidAmt0130800
IRS990/PYTotalExpensesAmt0217186
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0208242
IRS990/ReconcilationRevenueExpnssAmt019019
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02222
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021629
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023851
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02222
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt025075
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt05175
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt019900
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt079619
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt066285
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt066285
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt075579
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt038560
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0114139
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt070404
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt018660
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt089064
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt09445
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013334
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt013334
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD RECEIVED AN ELECTRONIC COPY OF THE COMPLETED FORM 990 FOR REVIEW BEFORE THE DUE DATE OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A HUMAN RESOURCES COMMITTEE WHICH IS A SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE TO DETERMINE EMPLOYEE SALARIES AND PERFORM ANNUAL PERFORMANCE REVIEWS. THE EXECUTIVE COMMITTEE REVIEWS THE WORK OF THE HUMAN RESOURCE COMMITTEE TO SET SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PART VI SECTION C. LINE 19 THE ORGANIZATION MAKES THESE ITEMS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt064615
IRS990/TotalAssetsEOYAmt075078
IRS990/TotalAssetsGrp/BOYAmt064615
IRS990/TotalAssetsGrp/EOYAmt075078
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0154726
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt0201674
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt045004
IRS990/TotalLiabilitiesEOYAmt036448
IRS990/TotalLiabilitiesGrp/BOYAmt045004
IRS990/TotalLiabilitiesGrp/EOYAmt036448
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt019611
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt038630
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt052290
IRS990/TotalReportableCompFromOrgAmt069670
IRS990/TotalRevenueGrp/ExclusionAmt09445
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt056522
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0220693
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt064615
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt075078
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt092
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.38$0.74$2.35$2.29$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.13$0.45$0.68$2.53$2.74$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.37$0.89$2.27$2.55$0.27
2021Detailed filing. Detailed filing data is available for this year.$1.68$0.52$1.16$2.98$2.21$0.78
2020Detailed filing. Detailed filing data is available for this year.$0.75$0.36$0.39$2.21$2.02$0.19
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.45$0.20$2.08$2.17$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.66$0.38$0.29$2.14$2.19$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.67$0.34$0.34$2.10$2.06$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.66$0.36$0.30$2.06$2.12$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.37$0.36$2.39$2.05$0.34
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.58$0.02$1.86$1.62$0.25
2013Detailed filing. Detailed filing data is available for this year.$0.44$0.67$0.23$1.54$1.59$0.05
2012Summary only. Only limited summary data is available for this year.$0.72$0.91$0.18$1.34$1.62$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.44$0.10$1.41