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Nonprofit · EIN 20-2835456

VENANGO AREA CHAMBER OF COMMERCE

Tax-exempt · OIL CITY, PA 16301

Financials

$455K$415K2023$379K$457K2024$385K$523K2025
Revenue Expenses · by fiscal year end
Financials of VENANGO AREA CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$385,459$522,642-$137,183$112,137$7,789$104,348
December 31, 2024990$378,762$457,460-$78,698$245,413$3,882$241,531
December 31, 2023990$454,612$414,727$39,885$323,277$3,048$320,229
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$224,202
of which government grants
$85,275
Membership dues
$138,927
Program service revenue
$156,159
Investment income
$3,433
Other revenue
$1,665

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$240,547
Salaries, compensation and benefits (total)
$270,870
Professional fundraising fees
$0
Accounting fees
$4,270
Occupancy
$42,531
Travel
$2,067
Program services (functional)
$451,615
Management and general (functional)
$71,027

Balance sheet and other

Total assets, start of year
$245,413
Total assets, end of year
$112,137
Total liabilities, end of year
$7,789
Net assets, end of year
$104,348
Net assets without donor restrictions
$104,348
Gross receipts
$385,459
Employees
7
Year formed
2005

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DAN FLAHERTYCHAIR
Officer
–$0
KATE WHITLINGVICE CHAIR
Officer
–$0
ANN RICHARTREASURER
Officer
–$0
SETH HERRICKSECRETARY
Officer
–$0
DEREK BAILEYDIRECTOR
Trustee or director
–$0
PETE CALENDADIRECTOR
Trustee or director
–$0
JIM GEIGERDIRECTOR
Trustee or director
–$0
LAUREN HASBROUCKDIRECTOR
Trustee or director
–$0
INDE HAWKINSDIRECTOR
Trustee or director
–$0
JEANNIE HENRYDIRECTOR
Trustee or director
–$0
ROBERT MACORMACDIRECTOR
Trustee or director
–$0
KATIE MCCOYDIRECTOR
Trustee or director
–$0
CAROLYN ROSENDIRECTOR
Trustee or director
–$0
MEGAN STERNAGELDIRECTOR
Trustee or director
–$0
RYAN SWEENEYDIRECTOR
Trustee or director
–$0
2 more people on this return
NameTitleHours / weekCompensation
WENDY THOMPSONDIRECTOR
Trustee or director
–$0
LISA WINGERDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensation
RYAN BELLDIRECTOR
Trustee or director
–$0
MATTHEW DEALDIRECTOR
Trustee or director
–$0
PETE CALENDADIRECTOR
Trustee or director
–$0
GREG PLOWMANDIRECTOR
Trustee or director
–$0
DAVID SNEDDENDIRECTOR
Trustee or director
–$0
FRED TERWILLIGERDIRECTOR
Trustee or director
–$0
JACOB DAVISDIRECTOR
Trustee or director
–$0
LISA WINGERDIRECTOR
Trustee or director
–$0
DAN FLAHERTYDIRECTOR
Trustee or director
–$0
CINDY GRANTDIRECTOR
Trustee or director
–$0
PAMELA WATKINSDIRECTOR
Trustee or director
–$0
ANN RICHARDIRECTOR
Trustee or director
–$0
JIM GEIGERDIRECTOR
Trustee or director
–$0
KYLA PARKINSONDIRECTOR
Trustee or director
–$0
MEGAN STERNAGELDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
RYAN BELLDIRECTOR
Trustee or director
–$0
MATTHEW DEALDIRECTOR
Trustee or director
–$0
PETE CALENDADIRECTOR
Trustee or director
–$0
GREG PLOWMANDIRECTOR
Trustee or director
–$0
DAVID SNEDDENDIRECTOR
Trustee or director
–$0
FRED TERWILLIGERDIRECTOR
Trustee or director
–$0
JACOB DAVISDIRECTOR
Trustee or director
–$0
LISA WINGERDIRECTOR
Trustee or director
–$0
DAN FLAHERTYDIRECTOR
Trustee or director
–$0
CINDY GRANTDIRECTOR
Trustee or director
–$0
PAMELA WATKINSDIRECTOR
Trustee or director
–$0
ANN RICHARDIRECTOR
Trustee or director
–$0
JIM GEIGERDIRECTOR
Trustee or director
–$0
KYLA PARKINSONDIRECTOR
Trustee or director
–$0
MEGAN STERNAGELDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 376, OIL CITY, PA 16301-0376
In care of
% VENANGO AREA CHAMBER OF COMMERCE
Principal officer (990 for 2025)
KAT THOMPSON
Signed the 990
KAT THOMPSON, PRESIDENT/CEO
Phone
(814) 676-8521
Return prepared by
RICHAR ACCOUNTING GROUP PC

Mission

THE VENANGO AREA CHAMBER OF COMMERCE BUILDS, SERVES AND PROMOTES REGIONAL BUSINESS. THE CHAMBER STRIVES TO KEEP PROGRAMS CURRENT AND RESPONSIVE TO THE DEMANDS OF VENANGO'S CURRENT BUSINESS CLIMATE, ACTING AS A BRIDGE THAT LINKS BUSINESSES, ORGANIZATIONS AND RESIDENTS TOGETHER WITH INNOVATIVE PROGRAMS THAT STRENGTHEN VENANGO COUNTY'S LONG-TERM ECONOMIC VITALITY, BUSINESS SUCCESS, JOB CREATION AND QUALITY OF LIFE. WE PROVIDE SEVERAL WAYS FOR OUR MEMBERS TO ENHANCE THEIR CREDIBILITY, GAIN RECOGNITION, HAVE A VOICE IN ISSUES AFFECTING BUSINESS, IMPROVE THEIR BOTTOM LINES, GET INVOLVED THROUGH NETWORKING EVENTS AND VOLUNTEERING, AND SO MUCH MORE

990 for the year ended December 31, 2025

Program accomplishments

  • THE MEMBERS OF THE VENANGO AREA CHAMBER OF COMMERCE ANNUALLY PRODUCE JOINTLY THROUGH VOLUNTEER EFFORTS AN "OIL HERITAGE FESTIVAL" IN AN EFFORT TO ADVANCE THE PUBLIC PERCEPTION OF THE CITY OF OIL CITY, AS WELL AS VENANGO COUNTY AND TO INVITE PEOPLE FROM OUTSTIDE THE COMMUNITY, AS WELL AS LOCAL RESIDENTS, TO COME TO THE CITY AND PARTICIPATE IN THE CITY'S PAST AND CURRENT HERITAGE. THE EVENT IS MEANT TO CREATE BUSINESS, INFORAMTION, AND LEADERSHIP CONNECTIONS.
  • LEADERSHIP PROGRAMS: THE CHAMBER HOSTS SEVERAL PROGRAMS TO ADVANCE LEADERSHIP IN VENANGO COUNTY, WORKING WITH LOCAL SCHOOLS, YOUNG PROFESSIONALS AND CIVIC LEADERSHIP. - VENANGOREADY - K-12 WORK READINESS PROGRAM - FLEX - FUTURE LEADERS ENTREPRENEURS EXCHANGE (YOUNG PROFESSIONALS) - LEADERSHIP VENANGO - 9 MONTH LEADERSHIP PROGRAM
  • THE CHAMBER ADVOCATES FOR A HEALTHY BUSINESS CLIMATE, THROUGH THE BE HERE VENANGO QUALITY OF LIFE INITIATIVE, LEGISLATIVE ADVOCACY AND CONVENING BUSINESS FORUMS AND EDUCATIONAL OPPORTUNITIES FOR MEMBER BUSINESSES AND ORGANIZATIONS.
  • ALL OTHER PROGRAMS INCLUDE, BUT NOT LIMITED TO, MEMBERSHIP PROGRAMS AND SUPPORT SERVICES IN ORDER TO PROMOTE BUSINESS CONNECTIONS, FLOW OF INFORMATION AND SPOTLIGHT LOCAL BUSINESSES. PROGRAMS AND EVENTS INCLUDE SOCIAL GATHERINGS, GOLF OUTINGS, DINNERS, ETC. THE YOUNG PROFESSIONAL PROGRAM SPOTLIGHTS FUTURE LEADERS AND ENTREPRENEURS' OF THE AREA, ALLOWING THEM TO MAKE CONNECTIONS AND DEVELOPE THEIR CAREERS IN ORDER TO HELP SHAPE THE FUTURE OF THE VENANGO AREA. LEADERSHIP VENANGO IS A NINE-MONTH PROGRAM DESIGNED TO MOTIVATE INDIVIDUALS WHO DESIRE TO BECOME MORE EFFECTIVE LEADERS. THE PROGRAM SEEKS TO BETTER UNDERSTAND THE PROBLEMS AND THE OPPORTUNITIES IN VENANGO COUNTY TO FURTHER FUTURE GROWTH AND SUSTAIN. ALL PROGRAMS WERE SUCESSFUL THIS YEAR AND CONTINUE TO GROW INTERST AMONG THE RESIDENTS AND BUSINESSOWNERS OF VENANGO COUNTY.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-2835456
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$112,137
Income (IRS master file)
$385,459

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$385,459$522,642$112,137XML
990December 2024$378,762$457,460$245,413XML
990December 2023$454,612$414,727$323,277XML
990December 2022$333,390$381,739$283,736IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2835456).

Questions about VENANGO AREA CHAMBER OF COMMERCE

What is the EIN of VENANGO AREA CHAMBER OF COMMERCE?
The employer identification number (EIN) of VENANGO AREA CHAMBER OF COMMERCE is 20-2835456.
Is VENANGO AREA CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2005.
Are donations to VENANGO AREA CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VENANGO AREA CHAMBER OF COMMERCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VENANGO AREA CHAMBER OF COMMERCE due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VENANGO AREA CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of VENANGO AREA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2025 names KAT THOMPSON.
Who are the officers and directors of VENANGO AREA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2025 lists 17 people; 0 received compensation from the organization.
How much revenue does VENANGO AREA CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2025 it reported revenue of $385,459, expenses of $522,642 and total assets of $112,137 at year end.

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