Chamber Of Commerce Mitchell
- Assets
- $20.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mitchell, IN
- Founding
- 08/1945
- Data as of
- 12/2023
- EIN
- 35-0784884
Organization Overview
Chamber Of Commerce Mitchell is located in Mitchell, IN. The organization was established in 1945. 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. Chamber Of Commerce Mitchell 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 12/2023, Chamber Of Commerce Mitchell generated $15.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $24.0k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
DEVELOPMENT OF COMMUNITY GROWTH AND BETTERMENT BYPROVIDING A FORUM FOR COMMUNITY LEADERS TO PROMOTEOUR CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Reynolds President | 1 | $0 | |
Don Caudell II Treasurer | 1 | $0 | |
Tonya Chastain V-Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,306 |
| Investment income | $73 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,919 |
| Other Revenue | $0 |
| Total Revenue | $15,298 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,317 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,554 |
| Printing, publications, postage, and shipping | $5,405 |
| Other expenses | $2,719 |
| Total expenses | $23,995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,459 |
| Other assets | $0 |
| Total assets | $20,459 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,459 |