Clarinda Chamber Of Commerce

Organization Overview

Clarinda Chamber Of Commerce is located in Clarinda, IA. The organization was established in 1988. 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 12/2021, Clarinda Chamber Of Commerce employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clarinda 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, Clarinda Chamber Of Commerce generated $236.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $188.2k during the year ending 12/2021. While expenses have increased by 3.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CITY AND AREA ECONOMIC DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

IMPROVEMENT AND BEAUTIFICATION OF DOWNTOWN AREA, TOOK STEPS TO DRAW IN NEW BUSINESSES TO THE COMMUNITY, PROMOTED THE LOCAL COMMUNITY AND BUSINESSES


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Board, Officers & Key Employees

Name (title)Compensation
Elaine Farwell
Executive Director
$55,231
Beckie Finch
Vice-President
$0
Jake Jobe
President
$0
Travis Stout
Vice-President
$0
Heidi Davis
Associate Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$81,002
Fundraising events$0
Related organizations$0
Government grants $17,200
All other contributions, gifts, grants, and similar amounts not included above$104,531
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$202,733
Total Program Service Revenue$0
Investment income $953
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $32,758
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $236,444

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Clarinda Chamber Of Commerce has recieved totaling $16,000.

Awarding OrganizationAmount
Clarinda Foundation Inc

Clarinda, IA

PURPOSE: COMM IMPROVEMENT

$15,000
Earl N And Mabel Bragg Bossingham Foundation

Council Bluffs, IA

PURPOSE: LOCAL BUSINESS DEVELOPMENT

$1,000
View Grant Recipient Profile

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