Lenox Area Chamber Of Commerce
- Assets
- $52.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lenox, IA
- Founding
- Data as of
- 12/2023
- EIN
- 42-1295692
Organization Overview
Lenox Area Chamber Of Commerce is located in Lenox, IA.
For the year ending 12/2023, Lenox Area Chamber Of Commerce generated $53.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $51.4k during the year ending 12/2023. While expenses have increased by 23.3% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
CHAMBER SPONSORS FUNCTIONS THAT PROMOTE AND IMPROVE THE BUSINESS COMMUNITY AND ESTABLISH GOOD WILL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Achenbach President | 1 | $0 | |
Lisa Riley Vise President | 1 | $0 | |
Becky Smith Past President | 1 | $0 | |
Denise Robinson Director | 1 | $0 | |
Alison Larson Director | 1 | $0 | |
Tarran Oriley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,969 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,520 |
| Investment income | $317 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,649 |
| Other Revenue | $1,413 |
| Total Revenue | $53,868 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $762 |
| Salaries, other compensation, and employee benefits | $25,212 |
| Professional fees and other payments to independent contractors | $150 |
| Occupancy, rent, utilities, and maintenance | $2,898 |
| Printing, publications, postage, and shipping | $3,047 |
| Other expenses | $19,279 |
| Total expenses | $51,448 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,852 |
| Other assets | $0 |
| Total assets | $52,852 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,852 |