Kalona Chamber Of Commerce
- Assets
- $31.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kalona, IA
- Founding
- 12/2000
- Data as of
- 09/2022
- EIN
- 42-1356376
Organization Overview
Kalona Chamber Of Commerce is located in Kalona, IA. The organization was established in 2000. 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. Kalona 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 09/2022, Kalona Chamber Of Commerce generated $155.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $165.3k during the year ending 09/2022. While expenses have increased by 11.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND SUPPORT KALONA-AREA BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hannah Hagen Board Member | 1 | $0 | |
Pam Thomas Board Member | 1 | $0 | |
Karma Brokaw Board Member | 1 | $0 | |
Kris Burns Treasurer | 2 | $0 | |
Grace Schumann Secretary | 2 | $0 | |
Lyndon Hershberger Past Preside | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $120,758 |
| Membership dues | $35,148 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $155,914 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,030 |
| Professional fees and other payments to independent contractors | $4,208 |
| Occupancy, rent, utilities, and maintenance | $7,048 |
| Printing, publications, postage, and shipping | $265 |
| Other expenses | $102,792 |
| Total expenses | $165,343 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,618 |
| Other assets | $0 |
| Total assets | $31,579 |
| Total liabilities | $32,183 |
| Net assets or fund balances | -$604 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kalona Chamber Of Commerce has recieved totaling $14,352.
| Awarding Organization | Amount |
|---|---|
Washington County Riverboat Foundation Washington, IA PURPOSE: TRAVELING DISPLAY BOOTH | $14,352 |
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 |