Versailles Area Chamber Of Commerce
- Assets
- $159.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Versailles, MO
- Founding
- 12/1994
- Data as of
- 01/2024
- EIN
- 43-1687056
Organization Overview
Versailles Area Chamber Of Commerce is located in Versailles, MO. The organization was established in 1994. 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. Versailles 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 01/2024, Versailles Area Chamber Of Commerce generated $66.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $51.5k during the year ending 01/2024. While expenses have increased by 6.0% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
BETTERMENT AND PROMOTION OF LOCAL COMMUNITY AND BUSINESS ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebekah Wright Director | 1 | $0 | |
Alison Pensy Treasurer | 2 | $0 | |
Scott Dear Director | 1 | $0 | |
Brice Lake President | 5 | $0 | |
John Anderson Director | 1 | $0 | |
Jamie Morrow Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,060 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,350 |
| Investment income | $556 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $30,881 |
| Other Revenue | $0 |
| Total Revenue | $66,847 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,859 |
| Professional fees and other payments to independent contractors | $1,114 |
| Occupancy, rent, utilities, and maintenance | $4,136 |
| Printing, publications, postage, and shipping | $429 |
| Other expenses | $9,000 |
| Total expenses | $51,538 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $137,311 |
| Other assets | $0 |
| Total assets | $159,361 |
| Total liabilities | $83 |
| Net assets or fund balances | $159,278 |