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Nonprofit · EIN 88-3713526

VENANGO CHAMBER FOUNDATION

Tax-exempt · OIL CITY, PA 16301

Financials

$98K$35K2024$164K$130K2025
Revenue Expenses · by fiscal year end
Financials of VENANGO CHAMBER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$164,219$130,346$33,873$146,711$50,000$96,711
December 31, 2024990$97,500$34,762$62,738$112,738$50,000$62,738
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$164,219
of which government grants
$164,219
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$3,825
Program services (functional)
$28,191
Management and general (functional)
$101,925
Fundraising (functional)
$230

Balance sheet and other

Total assets, start of year
$112,738
Total assets, end of year
$146,711
Total liabilities, end of year
$50,000
Net assets, end of year
$96,711
Net assets without donor restrictions
$46,711
Net assets with donor restrictions
$50,000
Gross receipts
$164,219
Employees
0
Volunteers
0
Year formed
2022
State of legal domicile
PA

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 FLAHERTYBOARD MEMBER
Trustee or director
3$0
JEANNINE HENRYBOARD MEMBER
Trustee or director
3$0
STEPHANIE KEEBLERBOARD MEMBER
Trustee or director
3$0
ANN RICHERBOARD MEMBER
Trustee or director
3$0
RYAN SWEENEYBOARD MEMBER
Trustee or director
3$0
KATE WHITLINGBOARD MEMBER
Trustee or director
3$0
SUSAN WILLIAMSPRESIDENT
Officer
15$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
DAN FLAHERTYBOARD MEMBER
Trustee or director
3$0
JEANNIE HENRYBOARD MEMBER
Trustee or director
3$0
STEPHANIE KEEBLERBOARD MEMBER
Trustee or director
3$0
ANN RICHARBOARD MEMBER
Trustee or director
3$0
RYAN SWEENEYBOARD MEMBER
Trustee or director
3$0
KATE WHITLINGBOARD MEMBER
Trustee or director
3$0
SUSAN WILLIAMSPRESIDENT
Officer
15$0

Address and contacts

Address (IRS master file)
100 SENECA STREET 5TH FLOOR, OIL CITY, PA 16301-1315
In care of
% SUSAN R WILLIAMS
Mailing address (990-N for 2023)
24 Seneca Street PO Box 376, Oil City PA 16301
Principal officer (990 for 2025)
KAT THOMPSON, 100 SENECA STREET 5TH FLOOR, OIL CITY, PA 16301
Principal officer (990-N for 2023)
Susan Williams, 24 Seneca Street PO Box 376, Oil City PA 16301
Signed the 990
KAT THOMPSON, PRESIDENT
Phone
(814) 676-8521
Return prepared by
MCGILL POWER BELL & ASSOC LLP

Mission

THE VENANGO CHAMBER FOUNDATION PROVIDES 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.

990 for the year ended December 31, 2025

Program accomplishments

  • 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.
    Expenses $28,191

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-N on file

IRS record

EIN
88-3713526
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$146,711
Income (IRS master file)
$164,219

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$164,219$130,346$146,711XML
990December 2024$97,500$34,762$112,738IRS
990-N for 2023
Officer: Susan Williams
December 31, 2023≤ $50,000 receipts––e-Postcard

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 88-3713526).

Questions about VENANGO CHAMBER FOUNDATION

What is the EIN of VENANGO CHAMBER FOUNDATION?
The employer identification number (EIN) of VENANGO CHAMBER FOUNDATION is 88-3713526.
Is VENANGO CHAMBER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to VENANGO CHAMBER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VENANGO CHAMBER FOUNDATION 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 CHAMBER FOUNDATION 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 CHAMBER FOUNDATION 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 CHAMBER FOUNDATION?
The 990 for the year ended December 31, 2025 names KAT THOMPSON.
Who are the officers and directors of VENANGO CHAMBER FOUNDATION?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does VENANGO CHAMBER FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $164,219, expenses of $130,346 and total assets of $146,711 at year end.

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