Civic Intelligence

Venango Chamber Foundation

EIN 88-3713526 • 501(c)3 • Oil City, PA

Profile

To provide financial support to the leadership, educational and community development activities and programs of the venango area chamber of commerce. These programs seek to advance a better future for our county.

24 Seneca Street PO Box 376Oil City, PA 16301
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.44x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

0.51x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

93rd percentile

64%

Higher net margin than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

$112,738

No earlier filing loaded for comparison.

Liabilities

$50,000

No earlier filing loaded for comparison.

Net Assets

$62,738

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue92nd percentileNet Margin93rd percentile

Revenue

$97,500

No earlier filing loaded for comparison.

Expenses

$34,762

No earlier filing loaded for comparison.

Net Income

$62,738

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2024: $112,738Liabilities 2024: $50,000Net Assets 2024: $62,7382024

Highlighted filing

2024

Assets$112,738
Liabilities$50,000
Net Assets$62,738
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0Revenue 2024: $97,500Expenses 2024: $34,762Net Income 2024: $62,7382024

Highlighted filing

2024

Revenue$97,500
Expenses$34,762
Net Income$62,738
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$112,738
Liabilities
$50,000
Net assets
$62,738
Revenue
$97,500
Expenses
$34,762
Net income
$62,738
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.50$0.63$0.98$0.35$0.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 9, 2025
Return Version
2024v5.0
Gross Receipts
$97,500
Mission and Program Overview

Mission

To provide financial support to the leadership, educational and community development activities and programs of the venango area chamber of commerce. These programs seek to advance a better future for our county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$112,738-
Total Assets$0$112,738▲ $112,738
Liabilities
Deferred Revenue-$50,000-
Total Liabilities$0$50,000▲ $50,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$62,738-
Total Net Assets Fund Balance$0$62,738▲ $62,738
Total Liabilities and Net Assets / Fund Balance$0$112,738▲ $112,738
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Susan WilliamsPresident
Ann RicharBoard Member
Dan FlahertyBoard Member
Jeannie HenryBoard Member
Kate WhitlingBoard Member
Ryan SweeneyBoard Member
Stephanie KeeblerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$97,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$62,738
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$34,762
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$34,612--$34,612
Office Expenses$150--$150
Total Functional Expenses$34,762$0$0$34,762
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

“A copy of the 990 was emailed to the board.”

Form 990, Page 6, Part VI, Line 19

“They are available at the office of the venango chamber of commerce”

Filing and Contact Details

Filer

Filer Name
Venango Chamber Foundation
EIN
88-3713526
Address
24 SENECA STREET PO BOX 376, OIL CITY, PA 16301

Signing Officer

Name
Susan Williams
Title
President
Signed
2025-10-09

Organization Details

Principal Officer
Susan Williams
Formed
2022
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Richar Trinch & Co Pc
Address
PO BOX 435, SENECA, PA 16346
Preparer
Angela M Trinch CPA
Phone
8146700235
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