Gas City Area Chamber Of Commerce Inc
- Assets
- $73.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gas City, IN
- Founding
- 12/1992
- Data as of
- 12/2021
- EIN
- 35-1850390
Organization Overview
Gas City Area Chamber Of Commerce Inc is located in Gas City, IN. The organization was established in 1992. 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. Gas City Area Chamber Of Commerce 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 12/2021, Gas City Area Chamber Of Commerce Inc generated $42.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $31.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.0%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE BUSINESS, EDUCATIONAL, AND ECONOMIC OPPORTUNITIES IN THE GAS CITY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liz Adams Executive Di | 12 | $13,156 | |
Kevin Petgrave Director | 1 | $0 | |
Steve Quaderer Director | 1 | $0 | |
Kelly Miller Director | 1 | $0 | |
Leeanna Smith Director | 1 | $0 | |
Abel Garcia Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,634 |
| Total Program Service Revenue | $4,589 |
| Membership dues | $32,034 |
| Investment income | $86 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,343 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,784 |
| Professional fees and other payments to independent contractors | $1,675 |
| Occupancy, rent, utilities, and maintenance | $2,100 |
| Printing, publications, postage, and shipping | $2,040 |
| Other expenses | $10,569 |
| Total expenses | $31,168 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,214 |
| Other assets | $0 |
| Total assets | $73,214 |
| Total liabilities | $526 |
| Net assets or fund balances | $72,688 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gas City Area Chamber Of Commerce Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Grant County Indiana Inc Marion, IN PURPOSE: CONCERTS AND ARTISTS IN THE PARK PROGRAM | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
National Association Of Electrical Distributors St Louis, MO | $12,015,051 | $10,580,917 |
Chicagoland Entrepreneurial Center Chicago, IL | $5,911,149 | $8,140,473 |
Custom Electronic Design & Installation Association Fishers, IN | $40,806,745 | $4,400,829 |
International Dairy-Deli-Bakery Association Madison, WI | $22,953,024 | $8,197,084 |
National Precast Concrete Association Inc Carmel, IN | $13,896,863 | $10,585,314 |
Indiana Underground Plant Protection Service Inc Greenwood, IN | $23,524,907 | $10,120,104 |
Property Loss Research Bureau Downers Grove, IL | $29,282,847 | $8,342,411 |
National Funeral Directors Association Of The United States I Brookfield, WI | $21,618,319 | $10,407,549 |
Residential Real Estate Council Chicago, IL | $27,056,402 | $11,169,926 |
Engine Manufacturers Association Chicago, IL | $15,542,068 | $8,146,219 |
National Board Of Certification And Recert Of Nurse Anesthetists Chicago, IL | $34,872,411 | $14,011,594 |