Columbus Area Chamber Of Commerce Inc is located in Columbus, NE. The organization was established in 1945. 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. As of 03/2021, Columbus Area Chamber Of Commerce Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus Area Chamber Of Commerce Inc 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 03/2021, Columbus Area Chamber Of Commerce Inc generated $574.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $594.8k during the year ending 03/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. 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
VARIOUS PROGRAMS PROMOTING BUSINESS AND ECONOMIC WELL BEING OF THE COMMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS PROGRAMS PROMOTING BUSINESS AND ECONOMIC WELL BEING OF THE COMMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeanne Schieffer Past Preside | Officer | 40 | $93,323 |
Chad Van Cleave Chair | OfficerTrustee | $0 | |
Bill Flint Treasurer | OfficerTrustee | $0 | |
Ken Curry Past Chair | OfficerTrustee | $0 | |
Todd Duren Chair Elect | OfficerTrustee | $0 | |
Dawson Brunswick President | Officer | 40 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $348,123 |
Investment income | $6,277 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $574,433 |
Statement of Expenses | |
---|---|
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. | $93,323 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $165,623 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $20,390 |
Payroll taxes | $26,078 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,043 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,653 |
Advertising and promotion | $6,888 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $74 |
Interest | $4,029 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $24,701 |
Insurance | $5,577 |
All other expenses | $0 |
Total functional expenses | $594,820 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $216,905 |
Savings and temporary cash investments | $411,713 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $35,002 |
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 | $5,512 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,453,966 |
Accounts payable and accrued expenses | $18,160 |
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 | $97,716 |
Unsecured mortgages and notes payable | $78,450 |
Other liabilities | $0 |
Total liabilities | $194,326 |
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 |
Total liabilities and net assets/fund balances | $1,259,640 |
Over the last fiscal year, we have identified 1 grants that Columbus Area Chamber Of Commerce Inc has recieved totaling $23,000.
Awarding Organization | Amount |
---|---|
Columbus Community Foundation Inc Columbus, NE PURPOSE: OPERATING EXPENSES | $23,000 |
Organization Name | Assets | Revenue |
---|---|---|
Dairy Promotion Inc Kansas City, KS | $585,537 | $75,669,129 |
National Cattlemens Beef Association Inc Centennial, CO | $34,892,254 | $54,202,215 |
United States Meat Export Federation Inc Denver, CO | $20,783,822 | $49,870,327 |
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Mgma-Acmpe Englewood, CO | $54,755,762 | $36,087,217 |
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Mountain States Employers Council Inc Denver, CO | $41,916,661 | $36,504,782 |
Vail Valley Foundation Inc Avon, CO | $22,993,237 | $18,789,291 |
National Biodiesel Board Jefferson City, MO | $12,011,947 | $15,134,555 |
Scrum Alliance Inc Westminster, CO | $46,979,666 | $21,000,085 |
Investment Management Consultants Assn Inc Greenwood Village, CO | $30,192,603 | $13,414,601 |
International Association Of Certified Home Inspectors Boulder, CO | $7,671,295 | $15,005,233 |