Union Area Chamber Of Commerce is located in Union, MO. The organization was established in 1984. 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. Union Area 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, Union Area Chamber Of Commerce generated $69.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $73.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.7%) per year over the past 7 years. 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
BUSINESS DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHAMBER OF COMMERCE PROVIDES MEMBERSHIP SERVICES, PROMOTES BUSINESS COMMUNICATIONS AND RELATIONSHIPS, PROMOTES COMMUNITY IMPROVEMENT AND FUTURE BUSINESS GROWTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amanda Egli Ex-Scrty/exe | 40 | $33,168 | |
Kathryn Gaither 2022 Scrty/e | OfficerTrustee | 0 | $0 |
Bob Schmuke Past-Preside | OfficerTrustee | 5 | $0 |
Barbara Laberer President | OfficerTrustee | 5 | $0 |
Steffani Mccrary Vice-Preside | OfficerTrustee | 5 | $0 |
Jacob Doepke Treasurer | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $39,248 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $39,248 |
Total Program Service Revenue | $0 |
Investment income | $154 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $14,795 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $14,750 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $69,058 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $300 |
Grants and other assistance to domestic individuals. | $3,500 |
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 | $33,168 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,792 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,160 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,736 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,020 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,136 |
Insurance | $4,379 |
All other expenses | $6,453 |
Total functional expenses | $73,291 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $24,923 |
Savings and temporary cash investments | $42,343 |
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 | $127,913 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,486 |
Total assets | $198,665 |
Accounts payable and accrued expenses | $115 |
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 | $115 |
Net assets without donor restrictions | $198,550 |
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 | $0 |
Total liabilities and net assets/fund balances | $198,665 |
Organization Name | Assets | Revenue |
---|---|---|
National Association Of Electrical Distributors St Louis, MO | $12,015,051 | $10,580,917 |
Chicagoland Entrepreneurial Center Chicago, IL | $5,911,149 | $8,140,473 |
Property Loss Research Bureau Downers Grove, IL | $29,282,847 | $8,342,411 |
Residential Real Estate Council Chicago, IL | $27,056,402 | $11,169,926 |
Engine Manufacturers Association Chicago, IL | $15,542,068 | $8,146,219 |
National Board Of Certification And Recert Of Nurse Anesthetists Chicago, IL | $34,872,411 | $14,011,594 |
Nashville Area Chamber Of Commerce Nashville, TN | $10,414,739 | $9,196,086 |
Nutech Ventures Lincoln, NE | $5,844,401 | $7,636,320 |
Renewable Fuels Association Ellisville, MO | $2,944,429 | $6,762,820 |
North American Association Of Food Equipment Manufacturers Chicago, IL | $26,211,108 | $5,703,248 |
Wholesale And Specialty Insurance Association Kansas City, MO | $18,822,965 | $8,866,065 |
Kentucky Chamber Of Commerce Inc Frankfort, KY | $9,516,426 | $9,027,627 |