Washington Chamber Of Commerce

Organization Overview

Washington Chamber Of Commerce is located in Washington, IA. The organization was established in 1942. 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. As of 06/2024, Washington Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington 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 06/2024, Washington Chamber Of Commerce generated $195.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $205.2k during the year ending 06/2024. While expenses have increased by 2.3% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

BUSINESS RETENTION AND DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

ATTRACT NEW BUSINESS IN ORDER TO STRENGTHEN LOCAL ECONOMY SERVE THE NEEDS OF EXISTING BUSINESSES BY OFFERING PROMOTIONS AND MEMBER SERVICES VISITOR & TOURISM, WELCOME CENTER, COMMUNITY EVENTS


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Board, Officers & Key Employees

Name (title)Compensation
Phil Minino
Director
$0
Millie Youngquist
Director
$0
Matt Brown
Treasurer
$0
Diane Gallagher
Director
$0
Lee Iben
Past President
$0
Jaron Rosien
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$82,032
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$82,032
Total Program Service Revenue$6,632
Investment income $6,733
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,620
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $95,416
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $195,433

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