Garner Chamber Of Commerce
- Assets
- $23.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Garner, IA
- Founding
- 04/2007
- Data as of
- 12/2019
- EIN
- 42-1219477
Organization Overview
Garner Chamber Of Commerce is located in Garner, IA. The organization was established in 2007. 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. Garner 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 12/2019, Garner Chamber Of Commerce generated $106.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $130.3k during the year ending 12/2019. While expenses have increased by 4.5% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TO FOSTER AND ENCOURAGE ECONOMIC DEVELOPMENT FOR THE CITY OF GARNER BY PROVIDING ORGANIZATIONAL AND DEVELOPMENTAL SERVICES TO BUSINESSES AND POTENTIAL NEW BUSINESSES IN THE CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Ricke Vice | 0 | $0 | |
Lori Fank President | 0 | $0 | |
Matt Schoneman Director | 0 | $0 | |
Damon Quandt Director | 0 | $0 | |
Abby Post Director | 0 | $0 | |
Randy Lansing Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,183 |
| Total Program Service Revenue | $44,957 |
| Membership dues | $24,987 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $27,883 |
| Total Revenue | $106,010 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,877 |
| Professional fees and other payments to independent contractors | $130 |
| Occupancy, rent, utilities, and maintenance | $10,304 |
| Printing, publications, postage, and shipping | $366 |
| Other expenses | $77,656 |
| Total expenses | $130,333 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,415 |
| Other assets | $0 |
| Total assets | $23,415 |
| Total liabilities | $2,795 |
| Net assets or fund balances | $20,620 |
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