GREATER AKRON CHAMBER OF COMMERCE

AKRON, OH, 44311-1035 (330) 376-5550 Est. 1974 EIN 34-1156576
Form 990 501(c)(6)
WWW.GREATERAKRONCHAMBER.ORG

Mission

TO PROMOTE BUSINESS IN THE TRI-COUNTY AREA

Giving Portfolio

Total Grants
111
Total Giving
$1.6M
Recipients
111
Years Active
2019 - 2024
Avg grant: $54,689 Median: $62,500

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20244$49K $12K40
20232$125K $63K11
2022102$1.1M $11K1011
20202$175K $88K11
20191$100K $100K10

Sectors Funded

Community Improvement
6
Arts, Culture & Humanities
1

Top States

Ohio
111

Grantee Size Profile

$5M - $10M
5
$1M - $5M
3
$500K - $1M
1

Top Grantees

OH - 4 grants
$412K
PAOLUCCI LAW LLC
OH
$10K
MASON CONSTRUCTION AND CONCRETE LLC
OH
$10K
WILKINSON FUNERAL SERVICES LLC
OH
$10K
AKRON-CANTON INTERNATIONAL FORWARDING
OH
$10K
MR DAN'S DAYCARE LLC
OH
$10K
and 15 more grantees

Grants Awarded · 9 grants

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Financials

Total Revenue
$5,917,627
Total Expenses
$5,221,278
Net Assets
$2,387,357
32 employees 120 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
5.5 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 30.4%
Expenses ↑ 17.4%
Revenue Sources
Contributions 56.8% Earned revenue 41.3% Investment 1.2% Other 1.0%

Officers & Trustees (122)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$5,917,627 $5,221,278$2,387,357
2023 Form 990$4,538,110 $4,446,629$1,691,008
2022 Form 990$4,853,898 $4,504,976$1,599,527
2020 Form 990$3,743,052 $2,967,692$939,122
2019 Form 990$3,025,646 $3,104,464$163,762
2018 Form 990$2,646,481 $3,496,535$242,580

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EIN: 34-1156576 · Source: IRS Form 990 e-file data