Marshall Chamber Of Commerce
- Assets
- $188.0k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 19
- Location
- Marshall, MO
- Founding
- Data as of
- 06/2022
- EIN
- 44-0339110
Organization Overview
Marshall Chamber Of Commerce is located in Marshall, MO. As of 06/2022, Marshall Chamber Of Commerce employed 19 individuals. Marshall 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 06/2022, Marshall Chamber Of Commerce generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.2% each year . All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 43.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE BUSINESS IN MARSHALL AND THE SURROUNDING COMMUNITIES AND TO PROMOTE A QUALITY OF LIFE TO SUPPORT STRONG BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION EMPLOYS AN EXECUTIVE DIRECTOR AND OFFICE STAFF TO MAINTAIN AN OFFICE TO PROMOTE A DESIRABLE BUSINESS CLIMATE IN MARSHALL AND TO PROMOTE A QUALITY OF LIFE TO SUPPORT STRONG BUSINESSES.
THE ORGANIZATION PROMOTES A DESIRABLE BUSINESS CLIMATE IN MARSHALL AND SALINE COUNTY BY PROMOTING BUSINESS EVENTS AND PROVIDING MEETING AND NETWORKING OPPORTUNITIES.
THE ORGANIZATION WORKS WITH THE LOCAL SCHOOL DISTRICT TO OFFER CAREER EXPLORATION OPPORTUNITIES FOR HIGH SCHOOL STUDENTS AND TO RECOGNIZE STUDENTS WITH B+ AND HIGHER GRADE AVERAGES THROUGH AN ACADEMIC EXCELLENCE BANQUET.
CHAMBER OF COMMERCE LICENSE OFFICE - UBIT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Wilson Treasurer | OfficerTrustee | 1 | $0 |
Sheri Hacker Vice Preside | OfficerTrustee | 1 | $0 |
Sandy Hisle President | OfficerTrustee | 1 | $0 |
Kyle Renfro Secretary | OfficerTrustee | 1 | $0 |
Adam Reid Director | Trustee | 0.5 | $0 |
Ashley Boock Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $156,980 |
| Investment income | $392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $17,396 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,137,010 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $202,915 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,935 |
| Fees for services: Management | $18,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,386 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $299 |
| Advertising and promotion | $5,223 |
| Office expenses | $14,962 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,068 |
| 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 | $1,168 |
| Insurance | $3,413 |
| All other expenses | $49,203 |
| Total functional expenses | $1,146,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,344 |
| Savings and temporary cash investments | $154,888 |
| 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 | $486 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $250 |
| Total assets | $187,968 |
| 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 | $4,260 |
| Total liabilities | $4,260 |
| Net assets without donor restrictions | $0 |
| 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 | $183,708 |
| Total liabilities and net assets/fund balances | $187,968 |
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