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Tompkins County Chamber of Commerce Inc

Ithaca, NY · EIN 150348795 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$3.0M
expenses
$2.7M
net assets
$1.6M
employees
31
program ratio
0%
mission · from form 990

The mission of the organization is to foster sustainable economic growth through service to our members, strategic advocacy, workforce development, destination marketing, and quality of life investments. Our vision is an inclusive community, where people and businesses thrive.

profile · synthesized from sources

The Tompkins County Chamber of Commerce Inc supports local businesses in Ithaca, NY through member services, networking events, workforce development, and destination marketing. The organization advocates for sustainable economic growth and fosters connections among businesses in the region. Its programs focus on strengthening the local business community and improving quality of life for residents.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $557K
    MEMBER SERVICES - SUPPORT OF MEMBERS, ON THE JOB TRAINING, AND OTHER SUPPORTING SERVICES. EVENTS - ANNUAL DINNER, BUSINESS AFTER HOURS, AND OTHER VARIOUS - TO PROMOTE, RECOGNIZE, ENCOURAGE PARTICIPATION AND FORM A GATHERING PLACE AND NETWORKING ENVIRONMENT FOR TOMPKINS COUNTY BUSINESSES. NOTE: PROGRAM SERVICE EXPENSES DOES NOT INCLUDE MANAGEMENT AND GENERAL.
named programs · 2 · from sources

What they call their work

Member Services
Provides support to member businesses including on-the-job training, resources, and networking opportunities.
Networking Events
Hosts events such as the Annual Dinner and Business After Hours to promote engagement and connections among local businesses.
activities · 1 group

What they do

  • Professional Networking Events 1 activity
    • Facilitating business networking and professional development events
      Organizes and supports networking events, including the Annual Dinner and Business After Hours, to connect local businesses in Tompkins County. Offers on-the-job training opportunities as part of member services.
financials · form 990 · fy2024
revenue
Total revenue$2.98M
Contributions & grants$163K5%
Program service revenue$2.68M90%
Investment income$37K1%
Other revenue$103K
expenses
Total expenses$2.73M
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$1.50M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$2.92M
Cash$872K
Investments$749K
Liabilities$1.28M
Net assets$1.64M
Liquid reserves7.1 mo
5 years on record · 2020–2024 · YoY revenue +14.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
Jennifer Tavares PRESSECRETARY 1124 - 92724 39 $130K
Margaret Coleman PRESSECRETARY 92824 -123124 40 $42K
board members · 23
  • Aly Evans — CHAIR ELECT
  • Amy Iles — ASSISTANT TREASURER
  • Amy Kremenek — BOARD MEMBER
  • Astrid Jirka — BOARD MEMBER
  • Carol Miller — BOARD MEMBER
  • Christopher Sponn — BOARD MEMBER
  • Colleen Anunu — BOARD MEMBER
  • Debra Stebel — BOARD MEMBER
  • Emily Russell — BOARD MEMBER
  • George Ferrari — BOARD MEMBER
  • Gregory Mezey — BOARD MEMBER
  • Heather McDaniel — BOARD MEMBER
  • Herb Alexander — BOARD MEMBER
  • Jason Moore — BOARD MEMBER
  • Jeff Turco — BOARD MEMBER
  • Kathy Nivison — BOARD MEMBER
  • Kelli Cartmill — BOARD CHAIR
  • Kellyann OMara — BOARD MEMBER
  • Larry Harris — BOARD MEMBER
  • Margo Martin — BOARD MEMBER
  • Melissa Vanderhoof — BOARD MEMBER
  • Michael Perehinec — BOARD MEMBER
  • Nan Rohrer — BOARD MEMBER
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Sustainable Economic Growth Through Multi-Pronged Support
    methodology: sustainable-economic-growth-through-multi-pronged-support
    By providing integrated support in the form of member services, advocacy, workforce development, marketing, and quality of life initiatives, we stimulate economic resilience and business growth because regional prosperity depends on interconnected institutional and community investments.