Belton Chamber Of Commerce
- Assets
- $80.0k
- Revenue
- $209.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Belton, MO
- Founding
- 08/1989
- Data as of
- 12/2021
- EIN
- 43-1044493
Organization Overview
Belton Chamber Of Commerce is located in Belton, MO. The organization was established in 1989. 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, Belton Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belton 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, Belton Chamber Of Commerce generated $209.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $171.4k during the year ending 12/2021. While expenses have increased by 9.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHAMBER OF COMMERCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MONTHLY MEMBERSHIP MEETINGS AND NETWORKING OPPORTUNITIES WITH PROGRAMS TO ENHANCE THE KNOWLEDGE AND SKILLS OF THE BELTON BUSINESS COMMUNITY; PROVIDE MEMBERS WITH ONLINE RESOURCES SUCH AS MEMBER DIRECTORY AND ADVERTISING OPPORTUNITIES; GREW MEMBERSHIP ROUGHLY 10%
PROVIDED CHARITABLE CONTIBUTIONS IN FORMS OF SCHOLARSHIPSAND DONATIONS TO VARIOUS LOCAL CHARITABLE ENDEAVORS AND ORGANIZATIONS (E.G. STUFF THE BUS, BELTON COMMUNITY FOUNDATION, ETC)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Welty Vice President | OfficerTrustee | 1.5 | $0 |
Fred Yonker President | OfficerTrustee | 1.5 | $0 |
Sally Smith Secretary | OfficerTrustee | 1.5 | $0 |
Chris Molendorp Treasurer | OfficerTrustee | 1.5 | $0 |
Karen Fletcher Past President | OfficerTrustee | 1.5 | $0 |
Caroyln Yatsook City Liason | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $70,821 |
| Fundraising events | $112,754 |
| Related organizations | $0 |
| Government grants | $13,657 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,815 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $203,047 |
| Total Program Service Revenue | $6,095 |
| Investment income | $296 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $209,438 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,766 |
| Grants and other assistance to domestic individuals. | $1,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,515 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,410 |
| Payroll taxes | $5,561 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,100 |
| Advertising and promotion | $560 |
| Office expenses | $4,442 |
| Information technology | $2,342 |
| Royalties | $0 |
| Occupancy | $13,608 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,169 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,612 |
| All other expenses | $3,358 |
| Total functional expenses | $171,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,694 |
| Savings and temporary cash investments | $10,297 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $79,991 |
| Accounts payable and accrued expenses | $2,162 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,162 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $77,829 |
| Total liabilities and net assets/fund balances | $79,991 |
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