Pacific Chamber Of Commerce
- Assets
- $293.7k
- Revenue
- $46.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Pacific, MO
- Founding
- 05/1996
- Data as of
- 12/2021
- EIN
- 43-1246020
Organization Overview
Pacific Chamber Of Commerce is located in Pacific, MO. The organization was established in 1996. 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. Pacific 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, Pacific Chamber Of Commerce generated $46.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $70.1k during the year ending 12/2021. 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
TO PROMOTE THE COMMUNITY, BE A VOICE FOR BUSINESS AND ENCOURAGE ECONOMIC GROWTH OF NEW AND EXISTING BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PACIFIC CHAMBER OF COMMERCE PROVIDES THE AREA BUSINESS COMMUNTIY WITH NETWORKING OPPORTUNITIES AND WORKS TO PROMOTE REGIONAL GROWTH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tiffany Wilson Executive Director | Officer | 40 | $40,250 |
Sara Summers President | OfficerTrustee | 5 | $0 |
Greg Myers Board Member | Trustee | 5 | $0 |
Rick Presley Vice President | Trustee | 5 | $0 |
Kim Barfield Secretary | Trustee | 5 | $0 |
Greg Omer Treasuerer | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25,950 |
| 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 | $25,950 |
| Total Program Service Revenue | $968 |
| Investment income | $844 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,822 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,351 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $742 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $40,850 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $559 |
| Payroll taxes | $3,128 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,211 |
| Office expenses | $693 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,043 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $481 |
| Interest | $17 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,082 |
| Insurance | $2,813 |
| All other expenses | $1,283 |
| Total functional expenses | $70,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,370 |
| Savings and temporary cash investments | $54,420 |
| 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 | $1,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,999 |
| Net Land, buildings, and equipment | $165,783 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $51,147 |
| Total assets | $293,719 |
| Accounts payable and accrued expenses | $0 |
| 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 | $16,034 |
| Total liabilities | $16,034 |
| Net assets without donor restrictions | $277,685 |
| 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 | $293,719 |
Endowment Analysis
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|---|---|---|
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Nutech Ventures Lincoln, NE | $5,844,401 | $7,636,320 |
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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 |