Salem Area Chamber Of Commerce
- Assets
- $114.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, MO
- Founding
- 09/1998
- Data as of
- 12/2023
- EIN
- 43-1094134
Organization Overview
Salem Area Chamber Of Commerce is located in Salem, MO. The organization was established in 1998. 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. Salem Area Chamber Of Commerce is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Salem Area Chamber Of Commerce generated $167.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $146.0k during the year ending 12/2023. While expenses have increased by 7.4% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Parker Treasurer | 2 | $0 | |
Tabatha Utley Exec Directo | 35 | $43,966 | |
Emily Cook Exec Directo | 35 | $0 | |
Michael Sullivan Board Member | 1 | $0 | |
Carrie Patton Vice Preside | 1 | $0 | |
Leah Nash Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,597 |
| Total Program Service Revenue | $58,058 |
| Membership dues | $38,832 |
| Investment income | $2,199 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,510 |
| Total Revenue | $167,196 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,844 |
| Professional fees and other payments to independent contractors | $360 |
| Occupancy, rent, utilities, and maintenance | $15,329 |
| Printing, publications, postage, and shipping | $590 |
| Other expenses | $72,848 |
| Total expenses | $145,971 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,531 |
| Other assets | $0 |
| Total assets | $114,420 |
| Total liabilities | $3,284 |
| Net assets or fund balances | $111,136 |