Canton Area Chamber Of Commerce
- Assets
- $154.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, IL
- Founding
- 10/1951
- Data as of
- 12/2021
- EIN
- 37-0654460
Organization Overview
Canton Area Chamber Of Commerce is located in Canton, IL. The organization was established in 1951. 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. Canton 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, Canton Area Chamber Of Commerce generated $130.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $120.7k during the year ending 12/2021. While expenses have increased by 1.1% 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
2021
Describe the Organization's Program Activity:
Part 3
BUSINESS ADVOCACY, DEVELOPMENT, EDUCATION, AND PROMOTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jana Emmons President | 1 | $0 | |
Lacey Neal Vice President | 1 | $0 | |
Jodi Wilcoxen Treasurer | 1 | $0 | |
Diane Bell Director | 1 | $0 | |
Lisa Gardner Secretary | 1 | $0 | |
Larrilyn Hall Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,811 |
| Total Program Service Revenue | $0 |
| Membership dues | $63,047 |
| Investment income | $62 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,656 |
| Other Revenue | $18,891 |
| Total Revenue | $130,467 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,939 |
| Professional fees and other payments to independent contractors | $2,115 |
| Occupancy, rent, utilities, and maintenance | $9,173 |
| Printing, publications, postage, and shipping | $1,772 |
| Other expenses | $48,684 |
| Total expenses | $120,683 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,477 |
| Other assets | $0 |
| Total assets | $154,477 |
| Total liabilities | $1,581 |
| Net assets or fund balances | $152,896 |
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|---|---|---|
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Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |
Ipc International Inc Bannockburn, IL | $35,069,140 | $30,776,508 |
Apics Inc Chicago, IL | $42,029,595 | $30,789,675 |
International Sanitary Supply Association Rosemont, IL | $73,095,156 | $16,343,711 |