Nonprofit · EIN 52-0710234
OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED
Tax-exempt · OCEAN CITY, MD 21842
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $805,328 | $849,859 | -$44,531 | $925,676 | $655,438 | $270,238 |
| August 31, 2024 | 990 | $707,655 | $853,907 | -$146,252 | $973,883 | $659,114 | $314,769 |
| August 31, 2023 | 990 | $756,083 | $842,019 | -$85,936 | $1,160,457 | $699,436 | $461,021 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $305,236
- Membership dues
- $305,236
- Program service revenue
- $458,662
- Investment income
- $3,351
- Net income from fundraising events
- $38,079
- Other revenue
- $38,079
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $351,591
- Salaries, compensation and benefits (total)
- $370,569
- Professional fundraising fees
- $0
- Accounting fees
- $21,170
- Occupancy
- $43,664
- Travel
- $5,404
- Depreciation
- $32,983
- Program services (functional)
- $617,081
- Management and general (functional)
- $232,778
Balance sheet and other
- Total assets, start of year
- $973,883
- Total assets, end of year
- $925,676
- Total liabilities, end of year
- $655,438
- Net assets, end of year
- $270,238
- Land, buildings and equipment
- $785,893
- Net assets without donor restrictions
- $270,238
- Gross receipts
- $815,526
- Employees
- 7
- Year formed
- 1953
- State of legal domicile
- MD
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TONI KEISER | DIRECTOR Trustee or director | – | $0 |
| BOB THOMPSON | IMMEDIATE PA Trustee or director, Officer | – | $0 |
| PHILLIP CHEUNG | CHAIR Trustee or director, Officer | – | $0 |
| STEVE PASTUSAK | CHAIR-ELECT Trustee or director, Officer | – | $0 |
| BOBBI JONES | DIRECTOR Trustee or director | – | $0 |
| JOE WILSON | DIRECTOR Trustee or director | – | $0 |
| SAL FASANO | TREASURER Trustee or director, Officer | – | $0 |
| ASHLEY HARRISON | DIRECTOR Trustee or director | – | $0 |
| GARY FIGGS | DIRECTOR Trustee or director | – | $0 |
| JOE MAGNOLIA | SECRETARY Trustee or director, Officer | – | $0 |
| TRISHA SEITZ | DIRECTOR Trustee or director | – | $0 |
| JOE GROVES | DIRECTOR Trustee or director | – | $0 |
| ELAINE DAVIDSON | DIRECTOR Trustee or director | – | $0 |
| BILLY APOSTOLOU | DIRECTOR Trustee or director | – | $0 |
| LYNDSEY ODACHOWSKI | DIRECTOR Trustee or director | – | $0 |
990 for the year ended August 31, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TONI KEISER | DIRECTOR Trustee or director | – | $0 |
| BOB THOMPSON | IMMEDIATE PA Trustee or director, Officer | – | $0 |
| PHILLIP CHEUNG | CHAIR Trustee or director, Officer | – | $0 |
| STEVE PASTUSAK | CHAIR-ELECT Trustee or director, Officer | – | $0 |
| BOBBI JONES | DIRECTOR Trustee or director | – | $0 |
| JOE WILSON | DIRECTOR Trustee or director | – | $0 |
| SAL FASANO | TREASURER Trustee or director, Officer | – | $0 |
| ASHLEY HARRISON | DIRECTOR Trustee or director | – | $0 |
| GARY FIGGS | DIRECTOR Trustee or director | – | $0 |
| JOE MAGNOLIA | SECRETARY Trustee or director, Officer | – | $0 |
| TRISHA SEITZ | DIRECTOR Trustee or director | – | $0 |
| JOE GROVES | DIRECTOR Trustee or director | – | $0 |
| ELAINE DAVIDSON | DIRECTOR Trustee or director | – | $0 |
| BILLY APOSTOLOU | DIRECTOR Trustee or director | – | $0 |
| LYNDSEY ODACHOWSKI | DIRECTOR Trustee or director | – | $0 |
990 for the year ended August 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TONI KEISER | DIRECTOR Trustee or director | – | $0 |
| BOB THOMPSON | IMMEDIATE PA Trustee or director, Officer | – | $0 |
| PHILLIP CHEUNG | CHAIR Trustee or director, Officer | – | $0 |
| STEVE PASTUSAK | CHAIR-ELECT Trustee or director, Officer | – | $0 |
| BOBBI SAMPLE | SECRETARY Trustee or director, Officer | – | $0 |
| JOE WILSON | DIRECTOR Trustee or director | – | $0 |
| SAL FASANO | TREASURER Trustee or director, Officer | – | $0 |
| COLE TAUSTIN | DIRECTOR Trustee or director | – | $0 |
| ASHLEY HARRISON | SECRETARY Trustee or director | – | $0 |
| RYAN JAMES | DIRECTOR Trustee or director | – | $0 |
| GARY FIGGS | DIRECTOR Trustee or director | – | $0 |
| STEFANIE RIDER | DIRECTOR Trustee or director | – | $0 |
| JOE MAGNOLIA | DIRECTOR Trustee or director | – | $0 |
| TRISHA SEITZ | DIRECTOR Trustee or director | – | $0 |
| DR GEORGE OJIE-AHAMIOJIE | DIRECTOR Trustee or director | – | $0 |
| JOE GROVES | DIRECTOR Trustee or director | – | $0 |
| ELAINE DAVIDSON | DIRECTOR Trustee or director | – | $0 |
| BILLY APOSTOLOU | DIRECTOR Trustee or director | – | $0 |
| LYNDSEY ODACHOWSKI | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 12320 OCEAN GTWY, OCEAN CITY, MD 21842-9688
- Principal officer (990 for 2024)
- AMY THOMPSON, 12320 OCEAN GATEWAY, OCEAN CITY, MD 21842
- Signed the 990
- SAL FASANO, TREASURER
- Phone
- (410) 213-0144
- Website
- WWW.OCEANCITY.ORG
- Return prepared by
- CG ACCOUNTING GROUP LLC
Mission
PROMOTE OCEAN CITY, MARYLAND COMMERCE
Program accomplishments
- CREATING A BETTER UNDERSTANDING AND APPRECIATION OF THE IMPORTANCE OF BUSINESS, EDUCATING THE BUSINESS COMMUNITY AND REPRESENTING THEM ON CITY, COUNTY, STATE AND NATIONAL LEGISLATIVE AND POLITICAL AFFAIRS, PREVENTING OR ADDDRESSING CONTROVERSIES WHICH ARE DETRIMENTAL TO EXPANSION AND GROWTH OF BUSINESS AND COMMUNITY, PROMOTING BUSINESS AND COMMUNITY GROWTH AND INCOME POTENTIAL, AND STRIVING TO MAKE THE GREATER OCEAN CITY, MARYLAND AREA, A BETTER PLACE IN WHICH TO LIVE, WORK AND DO BUSINESS.Expenses $303,695
- SUPPORT OCEAN CITY CHAMBER OF COMMERCE FOUNDATION, INC. A 501(C)(3) ORGANIZATION
- SPECIAL EVENTS EXPENSESExpenses $313,386
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 52-0710234
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1975
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $925,676
- Income (IRS master file)
- $815,526
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $805,328 | $849,859 | $925,676 | XML |
| 990 | August 2024 | $707,655 | $853,907 | $973,883 | XML |
| 990 | August 2023 | $756,083 | $842,019 | $1,160,457 | XML |
| 990 | August 2022 | $646,787 | $818,747 | $1,239,829 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | 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 52-0710234).
Questions about OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED
- What is the EIN of OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED?
- The employer identification number (EIN) of OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED is 52-0710234.
- Is OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1975.
- Are donations to OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED 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 OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED?
- The 990 for the year ended August 31, 2025 names AMY THOMPSON.
- Who are the officers and directors of OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED?
- The 990 for the year ended August 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does OCEAN CITY MARYLAND CHAMBER OF COMMERCE INCORPORATED have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $805,328, expenses of $849,859 and total assets of $925,676 at year end.
Other nonprofits in OCEAN CITY
- DIAKONIA INC EIN 52-1381317 · last filed 990 for 2025
- SEASIDE CHRISTIAN ACADEMY INC EIN 20-8907679 · last filed 990 for 2025
- AMERICAN LEGION EIN 52-0574803 · last filed 990 for 2024
- ART LEAGUE OF OCEAN CITY INC EIN 52-1377610 · last filed 990 for 2025
- BENEVOLENT & PROTECTIVE ORDER OF ELKS OF THE USA EIN 52-1307865 · last filed 990 for 2026
- OCEAN CITY DEVELOPMENT CORPORATION EIN 52-2222484 · last filed 990 for 2025
- WILLIAM C & SUSAN S MARINER PRIVATE FOUNDATION EIN 47-1925405 · last filed 990-PF for 2025
- RAYMOND A WOOD FOUNDATION INC EIN 81-4548646 · last filed 990 for 2026