Lebanon Il Chamber Of Commerce is located in Lebanon, IL. The organization was established in 1990. 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. Lebanon IL 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 12/2022, Lebanon IL Chamber Of Commerce generated $18.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $28.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,043 |
Total Program Service Revenue | $0 |
Membership dues | $7,400 |
Investment income | $141 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,258 |
Other Revenue | $0 |
Total Revenue | $18,258 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $890 |
Occupancy, rent, utilities, and maintenance | $10,495 |
Printing, publications, postage, and shipping | $1,269 |
Other expenses | $16,275 |
Total expenses | $28,929 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $23,322 |
Other assets | $0 |
Total assets | $75,039 |
Total liabilities | $0 |
Net assets or fund balances | $75,039 |
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