Albia Area Chamber Of Commerce Inc
- Assets
- $258.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albia, IA
- Founding
- 03/1979
- Data as of
- 12/2021
- EIN
- 42-0656888
Organization Overview
Albia Area Chamber Of Commerce Inc is located in Albia, IA. The organization was established in 1979. 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. Albia Area 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 12/2021, Albia Area Chamber Of Commerce Inc generated $106.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $100.7k during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Teno Executive Di | 30 | $38,047 | |
Tonia Benson Secretary | 1 | $0 | |
Morgan Henderson Director | 1 | $0 | |
Scott Fry Director | 1 | $0 | |
Randell Aeschliman Vice Preside | 1 | $0 | |
Anna See President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,251 |
| Total Program Service Revenue | $6,480 |
| Membership dues | $0 |
| Investment income | $4,115 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $29,752 |
| Other Revenue | $0 |
| Total Revenue | $106,598 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,805 |
| Professional fees and other payments to independent contractors | $3,055 |
| Occupancy, rent, utilities, and maintenance | $10,209 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,621 |
| Total expenses | $100,690 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,557 |
| Other assets | $0 |
| Total assets | $258,050 |
| Total liabilities | $8,158 |
| Net assets or fund balances | $249,892 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Albia Area Chamber Of Commerce Inc has recieved totaling $14,000.
| Awarding Organization | Amount |
|---|---|
Monroe County Iowa Community Foundation Albia, IA PURPOSE: COMMUNITY EVENT | $14,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Statewide Energy Efficiency Andrenewables Administration Inc Madison, WI | $63,794,129 | $99,926,553 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $168,414,298 | $101,751,321 |
International Code Council Inc Country Club Hills, IL | $173,275,221 | $89,069,791 |
American Property Casualty Insurance Association Chicago, IL | $156,045,230 | $59,541,606 |
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
North Central States Regional Council Of Carpenters St Paul, MN | $80,577,529 | $40,138,567 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |
Ipc International Inc Bannockburn, IL | $35,069,140 | $30,776,508 |
Apics Inc Chicago, IL | $42,029,595 | $30,789,675 |