Civic Intelligence

Stow-Munroe Falls Chamber

990EZ • Fiscal year 2023 • EIN 34-1356652

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 20, 2024

PO Box 2714Stow, OH 44224

(330) 688-1579

Siviq Scores

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

Liabilities / Assets

57th percentile

0.02x

Higher debt load relative to assets than 57% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

49th percentile

0.00x

Higher debt load relative to revenue than 49% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

27th percentile

-11%

Higher net margin than 27% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$61,041

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 35.4% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-38%

Faster asset growth than 10% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

72nd percentile

23%

Faster revenue growth than 72% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$30,898

Down $18,603 (-38%) from 2022

Net Assets

Down

$30,428

Down $18,615 (-38%) from 2022

Liabilities

Up

$470

Up $12 (+2.6%) from 2022

Revenue

Up

$172,461

Up $32,766 (+23%) from 2022

Expenses

Up

$191,076

Up $45,267 (+31%) from 2022

Net Income

Down

-$18,615

Down $12,501 (-204%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $133,496Liabilities 2016: $30,169Net Assets 2016: $103,3272016Assets 2017: $121,347Liabilities 2017: $8,644Net Assets 2017: $112,7032017Assets 2018: $100,637Liabilities 2018: $4,039Net Assets 2018: $96,5982018Assets 2019: $101,903Liabilities 2019: $883Net Assets 2019: $101,0202019Assets 2020: $80,290Liabilities 2020: $547Net Assets 2020: $79,7432020Assets 2021: $57,101Liabilities 2021: $1,944Net Assets 2021: $55,1572021Assets 2022: $49,501Liabilities 2022: $458Net Assets 2022: $49,0432022Assets 2023: $30,898Liabilities 2023: $470Net Assets 2023: $30,4282023Assets 2024: $33,446Liabilities 2024: $11,457Net Assets 2024: $21,9892024

Highlighted filing

2023

Assets$30,898
Liabilities$470
Net Assets$30,428

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $241,301Expenses 2016: $258,623Net Income 2016: -$17,3222016Revenue 2017: $212,033Expenses 2017: $202,657Net Income 2017: $9,3762017Revenue 2018: $214,921Expenses 2018: $231,557Net Income 2018: -$16,6362018Revenue 2019: $188,500Expenses 2019: $184,078Net Income 2019: $4,4222019Revenue 2020: $93,733Expenses 2020: $115,010Net Income 2020: -$21,2772020Revenue 2021: $124,276Expenses 2021: $148,862Net Income 2021: -$24,5862021Revenue 2022: $139,695Expenses 2022: $145,809Net Income 2022: -$6,1142022Revenue 2023: $172,461Expenses 2023: $191,076Net Income 2023: -$18,6152023Revenue 2024: $160,984Expenses 2024: $169,423Net Income 2024: -$8,4392024

Highlighted filing

2023

Revenue$172,461
Expenses$191,076
Net Income-$18,615
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 20, 2024
Return Version
2023v5.0
Gross Receipts
$179,535
Mission and Program Overview

Mission

Business league --- chamber of commerce

Our mission is to be the local path to success for our membership by being a voice of leadership, a resource for support and a network of connection to maintain thriving businesses and encourage economic development in both stow and munroe falls.

Program Services

DescriptionGrantsExpenses
PROMOTE PROGRESSIVE DEVELOPMENT OF COMMERCE AND INDUSTRY AND TO ENCOURAGE BUSINESS SUPPORT IN STOW AND MUNROE FALLS--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JULIE MCLAINExecutive DiFT$56,154$4,887$61,041
THOMAS STEPHENBoard Direct-$0--
JAMES LABERBoard Direct-$0--
WENDY SUPPLEBoard Direct-$0--
KATHY ROMITOBoard Direct-$0--
TIM PORTERBoard Direct-$0--
DAVE SEGENPresident-$0--
MARIA GRIMMBoard Direct-$0--
LISA TOPPINVice Preside-$0--
MARVIN MAFFETTBoard Direct-$0--
JOE LICITRITreasurer-$0--
MIKE JONESSecretary-$0--
PIERCE DROBNEYBoard Direct-$0--
JESS FISHELBoard Direct-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$16,075$16,075$7,074$9,001
Total Events$16,075$16,075$7,074$9,001
Filing and Contact Details

Filer

Filer Name
Stow-munroe Falls Chamber
EIN
34-1356652
Phone
3306881579
Address
PO BOX 2714, STOW, OH 44224

Signing Officer

Name
Julie Mclain
Title
Executive Director
Phone
3306881579
Signed
2024-09-20
Discuss with paid preparer
Yes

Preparer

Firm
Crum & Company
Address
1640 AKRON PENINSULA RD STE 102, AKRON, OH 44313
Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other 1,235 refunds 8 total 1,243

Form 990-ez, Part I, Line 16

Expenses advertising 5,378 office supplies 705 technology and supplies 7,713 mileage 1,922 travel 149 insurance 1,021 bank charges 128 copier 32 dues 960 miscellaneous 99 postage 291 women2women expense 1,445 monthly luncheon expense 10,277 community appreciation 256 telephone 784 go local smf 887 showcase expense 7,144 professional development 339 exec. Dir. Discretionary 1,263 multi-chamber networking 244 social and holiday party 3,467 merchant service fees 4,984 leadership program 5,818 business awards 17,009 grand opening 119 total 72,434

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 458 470

Form 990-ez, Part III

Our mission is to be the local path to success for our membership by being a voice of leadership, a resource for support and a network of connection to maintain thriving businesses and encourage economic development in both stow and munroe falls.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0THOMAS STEPHEN
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER 1,235 REFUNDS 8 TOTAL 1,243
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 5,378 OFFICE SUPPLIES 705 TECHNOLOGY AND SUPPLIES 7,713 MILEAGE 1,922 TRAVEL 149 INSURANCE 1,021 BANK CHARGES 128 COPIER 32 DUES 960 MISCELLANEOUS 99 POSTAGE 291 WOMEN2WOMEN EXPENSE 1,445 MONTHLY LUNCHEON EXPENSE 10,277 COMMUNITY APPRECIATION 256 TELEPHONE 784 GO LOCAL SMF 887 SHOWCASE EXPENSE 7,144 PROFESSIONAL DEVELOPMENT 339 EXEC. DIR. DISCRETIONARY 1,263 MULTI-CHAMBER NETWORKING 244 SOCIAL AND HOLIDAY PARTY 3,467 MERCHANT SERVICE FEES 4,984 LEADERSHIP PROGRAM 5,818 BUSINESS AWARDS 17,009 GRAND OPENING 119 TOTAL 72,434
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 458 470
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUR MISSION IS TO BE THE LOCAL PATH TO SUCCESS FOR OUR MEMBERSHIP BY BEING A VOICE OF LEADERSHIP, A RESOURCE FOR SUPPORT AND A NETWORK OF CONNECTION TO MAINTAIN THRIVING BUSINESSES AND ENCOURAGE ECONOMIC DEVELOPMENT IN BOTH STOW AND MUNROE FALLS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE MCLAIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03306881579
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STOW-MUNROE FALLS CHAMBER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF COMMERCE INC
ReturnHeader/Filer/BusinessNameControlTxt0STOW
ReturnHeader/Filer/EIN0341356652
ReturnHeader/Filer/PhoneNum03306881579
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341897853
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CRUM & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01640 AKRON PENINSULA RD STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AKRON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044313
ReturnHeader/PreparerPersonGrp/PhoneNum03308671222
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN K CRUM
ReturnHeader/ReturnTs02024-10-11T10:29:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings