Waterloo Chamber Of Commerce is located in Waterloo, IL. The organization was established in 1933. 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. Waterloo 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 12/2023, Waterloo Chamber Of Commerce generated $85.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $94.7k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Obernagel President | 1 | $0 | |
Trisha Hoagland 1st Vice President | 0.5 | $0 | |
Missy Toenjes 2nd Vice President | 0.5 | $0 | |
Kermit Constantine Secretary | 0.5 | $0 | |
Andrew Wetzler Treasurer | 0.5 | $0 | |
Julie Rohr Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $59,031 |
Membership dues | $26,870 |
Investment income | $17 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $85,918 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $35,333 |
Professional fees and other payments to independent contractors | $1,295 |
Occupancy, rent, utilities, and maintenance | $9,647 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $48,467 |
Total expenses | $94,742 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $74,869 |
Other assets | $0 |
Total assets | $210,213 |
Total liabilities | $3,724 |
Net assets or fund balances | $206,489 |