Kosciusko Chamber Of Commerce
- Assets
- $1.3m
- Revenue
- $665.1k
- Investments
- $0.0
- Employees
- 9
- Location
- Warsaw, IN
- Founding
- 07/1926
- Data as of
- 12/2022
- EIN
- 35-0781014
Organization Overview
Kosciusko Chamber Of Commerce is located in Warsaw, IN. The organization was established in 1926. 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. As of 12/2022, Kosciusko Chamber Of Commerce employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kosciusko Chamber Of Commerce 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 12/2022, Kosciusko Chamber Of Commerce generated $665.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $604.2k during the year ending 12/2022. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COORDINATE COMMERCE, BUSINESS, & INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEWSLETTER, EDUCATIONAL SEMINARS & PROGRAMS, ANNUAL MEMBER MEETING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Parker President & CEO | OfficerTrustee | 40 | $157,030 |
Marlene Betances Director | Trustee | 1 | $0 |
Lynn Mergen Past Chair | Trustee | 1 | $0 |
Brian Peterson Director | Trustee | 1 | $0 |
Ryan Hoffman Director | Trustee | 1 | $0 |
Jeffery Rockett Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $281,232 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,801 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $298,033 |
| Total Program Service Revenue | $132,661 |
| Investment income | $15,694 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,385 |
| Net Income from Fundraising Events | $119,964 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $665,064 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $157,030 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $273,638 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,957 |
| Advertising and promotion | $6,552 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,659 |
| Travel | $5,150 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,068 |
| Insurance | $0 |
| All other expenses | $9,844 |
| Total functional expenses | $604,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $393,094 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,744 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,699 |
| Net Land, buildings, and equipment | $3,408 |
| Investments—publicly traded securities | $824,491 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $550 |
| Total assets | $1,263,986 |
| Accounts payable and accrued expenses | $105,935 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $120,612 |
| Total liabilities | $226,547 |
| Net assets without donor restrictions | $1,018,965 |
| Net assets with donor restrictions | $18,474 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,263,986 |