Tracy Chamber Of Commerce Inc
- Assets
- $60.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tracy, MN
- Founding
- 02/1973
- Data as of
- 12/2023
- EIN
- 41-0960597
Organization Overview
Tracy Chamber Of Commerce Inc is located in Tracy, MN. The organization was established in 1973. 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. Tracy 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 12/2023, Tracy Chamber Of Commerce Inc generated $35.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $34.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 9 years. 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
THE TRACY AREA CHAMBER OF COMMERCE IS A BUSINESS ORGANIZATION MADE UP OF VOLUNTEERS WHO HAVE JOINED TOGETHER TO WORK FOR A POSITIVE ENVIRONMENT, AND TO DEVELOP THE ECONOMIC, CIVIC, AGRI-BUSINESS AND EDUCATIONAL NEEDS OF THE GREATER TRACY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Khyle Radke Director | 0 | $0 | |
Rhonda Fredericks Vice President | 0 | $0 | |
Lori Alf President | 0 | $0 | |
Jeanne Knott Director | 0 | $0 | |
Tara Brandl Director | 0 | $0 | |
Drew Hebig Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,531 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,324 |
| Other Revenue | $0 |
| Total Revenue | $35,861 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,681 |
| Professional fees and other payments to independent contractors | $2,660 |
| Occupancy, rent, utilities, and maintenance | $397 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,715 |
| Total expenses | $34,453 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,688 |
| Other assets | $0 |
| Total assets | $60,056 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,056 |