Heart Of Oklahoma Chamber Of Commerce And Industry Inc is located in Purcell, OK. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart Of Oklahoma Chamber Of Commerce And Industry Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Heart Of Oklahoma Chamber Of Commerce And Industry Inc generated $131.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $74.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
LOCAL CHAMBER OF COMMERCE FOR THE BENEFIT OF NEW AND EXISTING BUSINESSES IN PURCELL, GOLDSBY, WASHINGTON, WAYNE AND DIBBLE AREAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Trent Mitchell President | 5 | $0 | |
Jason Midkiff Past President | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $27,343 |
Total Program Service Revenue | $0 |
Membership dues | $68,063 |
Investment income | $210 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $35,616 |
Other Revenue | $0 |
Total Revenue | $131,232 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $45,373 |
Professional fees and other payments to independent contractors | $3,950 |
Occupancy, rent, utilities, and maintenance | $7,361 |
Printing, publications, postage, and shipping | $290 |
Other expenses | $17,620 |
Total expenses | $74,594 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $110,121 |
Other assets | $0 |
Total assets | $118,282 |
Total liabilities | $995 |
Net assets or fund balances | $117,287 |
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