Ottawa Area Chamber Of Commerce

Organization Overview

Ottawa Area Chamber Of Commerce is located in Ottawa, IL. 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. As of 12/2021, Ottawa Area Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ottawa Area 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 12/2021, Ottawa Area Chamber Of Commerce generated $140.8k 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 (7.9%) each year. All expenses for the organization totaled $155.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

PROMOTING THE ECONOMY OF OTTAWA, ILLINOIS


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$151,825
Total Program Service Revenue$3,878
Membership dues$0
Investment income $224
Gain or Loss-$21,703
Net Income from Gaming & Fundraising$1,860
Other Revenue$4,714
Total Revenue$140,798

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