Desoto Chamber Of Commerce
- Assets
- $46.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- De Soto, MO
- Founding
- 09/2005
- Data as of
- 05/2022
- EIN
- 43-1561049
Organization Overview
Desoto Chamber Of Commerce is located in De Soto, MO. The organization was established in 2005. 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. Desoto 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 05/2022, Desoto Chamber Of Commerce generated $34.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $29.2k during the year ending 05/2022. While expenses have increased by 3.0% 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
PROMOTE BUSINESS ATTRACT VISITORS ATTRACT TOURISTSENCOURAGE COMMUNITY INVOLVEMENT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelby Logsden President | 10 | $0 | |
Mike Woodrum Secretary | 10 | $0 | |
Tammy Bordeau Treasurer | 0 | $0 | |
Kyle Milfeld Trustee | 0 | $0 | |
Mitch Leonard Trustee | 0 | $0 | |
Debby Campbell Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,958 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,193 |
| Other Revenue | $0 |
| Total Revenue | $34,162 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,131 |
| Professional fees and other payments to independent contractors | $54 |
| Occupancy, rent, utilities, and maintenance | $2,276 |
| Printing, publications, postage, and shipping | $366 |
| Other expenses | $4,415 |
| Total expenses | $29,242 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,219 |
| Other assets | $0 |
| Total assets | $46,219 |
| Total liabilities | $2,536 |
| Net assets or fund balances | $43,683 |
Peer Organizations
| 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 |