Skip to main content

Nonprofit · EIN 59-0345090

OCALA-MARION COUNTY CHAMBER OF COMMERCE INC

Tax-exempt · OCALA, FL 34471

Financials

$3.8M$3.7M2023
Revenue Expenses · by fiscal year end
Financials of OCALA-MARION COUNTY CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$3,790,992$3,694,767$96,225$2,350,733$993,018$1,357,715
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$2,349,791
of which government grants
$490,000
Membership dues
$1,750,009
Program service revenue
$1,441,201
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$251,516
Other salaries and wages
$2,336,537
Salaries, compensation and benefits (total)
$2,588,053
Professional fundraising fees
$0
Legal fees
$24,547
Accounting fees
$15,300
Travel
$25,100
Depreciation
$20,184
Program services (functional)
$2,052,896
Management and general (functional)
$1,641,871

Balance sheet and other

Total assets, start of year
$1,812,577
Total assets, end of year
$2,350,733
Total liabilities, end of year
$993,018
Net assets, end of year
$1,357,715
Land, buildings and equipment
$417,841
Gross receipts
$3,790,992
Employees
29
Volunteers
650
Year formed
1972
State of legal domicile
FL

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
Kevin SheilleyPresident & CEO
Officer, Key employee, Highest-paid employee
40$235,678
Chris LangleyChair
Trustee or director, Officer
1.25$0
Charisse RiversVice Chair
Trustee or director, Officer
1.25$0
Dwayne CarltonSecretary
Trustee or director, Officer
1.25$0
Navroz SajuTreasurer
Trustee or director, Officer
1.25$0
Angie LewisPast Chair
Trustee or director, Officer
1.25$0
Ken AusleyAt Large
Trustee or director
1.25$0
Justin GarnerAt Large
Trustee or director
1.25$0
Todd RudnianynAt Large
Trustee or director
1.25$0
Doug ConeAt Large
Trustee or director
1.25$0
Mounir BouyounesDirector
Trustee or director
0.5$0
Greg HarrellDirector
Trustee or director
0.5$0
Dr Jim HenningsonDirector
Trustee or director
0.5$0
Dr Diane GullettDirector
Trustee or director
0.5$0
Peter LeeDirector
Trustee or director
0.5$0
20 more people on this return
NameTitleHours / weekCompensation
William WoodsDirector
Trustee or director
0.5$0
Rob BatselDirector
Trustee or director
0.5$0
Denver BeckDirector
Trustee or director
0.5$0
Nicolas BlaseDirector
Trustee or director
0.5$0
Thad BoydDirector
Trustee or director
0.5$0
Ken DaleyDirector
Trustee or director
0.5$0
Robin GumpDirector
Trustee or director
0.5$0
Joel GunterDirector
Trustee or director
0.5$0
Alan KeeseeDirector
Trustee or director
0.5$0
Jared KonstantyDirector
Trustee or director
0.5$0
Phil LoweryDirector
Trustee or director
0.5$0
Ashley MillerDirector
Trustee or director
0.5$0
John Paglia IIIDirector
Trustee or director
0.5$0
Lina PiedrahitaDirector
Trustee or director
0.5$0
Rebecca RodgersDirector
Trustee or director
0.5$0
Erika SkulaDirector
Trustee or director
0.5$0
Troy ThurstonDirector
Trustee or director
0.5$0
Mike VimigDirector
Trustee or director
0.5$0
Addie WaysDirector
Trustee or director
0.5$0
Curtis WynnDirector
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
310 SE 3RD ST, OCALA, FL 34471-2107
Principal officer (990 for 2023)
Kevin Sheilley, 310 SE 3rd Street, Ocala, FL 34471
Signed the 990
Kevin Sheilley, President
Phone
(352) 629-8051
Return prepared by
DAY & DAY PA

Mission

To be a catalyst for a prosperous community by working with membership and providing programs that foster economic development and improved quality of life in Ocala and Marion County.

990 for the year ended December 31, 2023

Program accomplishments

  • Business services - To engage all participants and ensure that partners needs are met through strategic networking and forums, talent and workforce development and educational opportunities.
    Expenses $494,236 · revenue $214,454
  • Business creation - Efforts to attract, grow and graduate early stage companies in a business incubator environment.
    Expenses $355,236 · revenue $53,336
  • Business attraction - Marketing the Ocala/Marion County Areas assets directly to company decision makers and key influencers
    Expenses $301,652 · revenue $16,375
  • Business advocacy and retention
    Expenses $901,772

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, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-0345090
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,350,733
Income (IRS master file)
$3,790,992

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$3,790,992$3,694,767$2,350,733XML
990December 2022$3,064,004$3,092,347$1,812,577IRS
990December 2021$3,025,739$2,654,951$1,830,903IRS
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 59-0345090).

Questions about OCALA-MARION COUNTY CHAMBER OF COMMERCE INC

What is the EIN of OCALA-MARION COUNTY CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of OCALA-MARION COUNTY CHAMBER OF COMMERCE INC is 59-0345090.
Is OCALA-MARION COUNTY CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1942.
Are donations to OCALA-MARION COUNTY CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does OCALA-MARION COUNTY CHAMBER OF COMMERCE INC 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 OCALA-MARION COUNTY CHAMBER OF COMMERCE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OCALA-MARION COUNTY CHAMBER OF COMMERCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of OCALA-MARION COUNTY CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2023 names Kevin Sheilley.
Who are the officers and directors of OCALA-MARION COUNTY CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2023 lists 35 people; 1 received compensation from the organization, the highest $235,678 (Kevin Sheilley, President & CEO).
How much revenue does OCALA-MARION COUNTY CHAMBER OF COMMERCE INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $3,790,992, expenses of $3,694,767 and total assets of $2,350,733 at year end.

Other nonprofits in OCALA

All nonprofits in OCALA · Florida