Spencer County Regional Chamber Of Commerce Inc is located in Rockport, IN. The organization was established in 2001. 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. Spencer County Regional 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 12/2022, Spencer County Regional Chamber Of Commerce Inc generated $59.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $66.8k during the year ending 12/2022. While expenses have increased by 5.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
STRENGTHENING OUR COMMUNITY AND PRESERVING A COMPETITIVEBUSINESS ENVIRONMENT FOR SPENCER COUNTY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dave Hedge Chairman | 1 | $0 | |
Jordan Sheets Vice Chairman | 1 | $0 | |
Jeremy Kincaid Secretary | 1 | $0 | |
Kathy Tretter Board Member | 1 | $0 | |
Kathy Reinke Director | 40 | $37,454 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,377 |
Total Program Service Revenue | $18,215 |
Membership dues | $38,421 |
Investment income | $19 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $59,032 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $40,367 |
Professional fees and other payments to independent contractors | $1,789 |
Occupancy, rent, utilities, and maintenance | $5,380 |
Printing, publications, postage, and shipping | $2,141 |
Other expenses | $17,081 |
Total expenses | $66,758 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,662 |
Other assets | $0 |
Total assets | $12,662 |
Total liabilities | $1,023 |
Net assets or fund balances | $11,639 |