Greater Newton Area Chamber Of Commerce is located in Newton, IA. The organization was established in 1972. 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. Greater Newton 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, Greater Newton Area Chamber Of Commerce generated $143.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $117.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY EVENTS - GOLF OUTING, 4TH OF JULY PARADE, CAR SHOW, COMMUNITY INVOLVEMENT, WOMEN'S MENTORING EVENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amanda Price Director | 40 | $52,633 | |
Troy Garton Board Member | 1 | $0 | |
Tom Messinger Vice Chair | 2 | $0 | |
Joel Mills Past Chair | 1 | $0 | |
Jessica Branderhorst Treasurer | 2 | $0 | |
Matt Scotton Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $34,385 |
Membership dues | $84,687 |
Investment income | $2,076 |
Gain or Loss | $8,739 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $13,111 |
Total Revenue | $142,998 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $70,872 |
Professional fees and other payments to independent contractors | $2,713 |
Occupancy, rent, utilities, and maintenance | $9,745 |
Printing, publications, postage, and shipping | $4,503 |
Other expenses | $29,673 |
Total expenses | $117,506 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $211,108 |
Other assets | $0 |
Total assets | $286,684 |
Total liabilities | $80,568 |
Net assets or fund balances | $206,116 |
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