Ainsworth Chamber Of Commerce
- Assets
- $16.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ainsworth, NE
- Founding
- 02/1959
- Data as of
- 12/2020
- EIN
- 47-0353593
Organization Overview
Ainsworth Chamber Of Commerce is located in Ainsworth, NE. The organization was established in 1959. 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. Ainsworth 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 12/2020, Ainsworth Chamber Of Commerce generated $28.0k 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 (13.9%) each year. All expenses for the organization totaled $40.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
BUSINESS PROMOTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Gillam President | 4 | $0 | |
Karen O'hare Treasurer | 3 | $0 | |
Lucinda Noronha Vice President | 3 | $0 | |
Scott Welke Secretary | 20 | $7,800 | |
Jennifer Schuett Recording Secretary | 1 | $0 | |
Danielle Witte Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,920 |
| Total Program Service Revenue | $12,496 |
| Membership dues | $13,100 |
| Investment income | $302 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $207 |
| Other Revenue | $0 |
| Total Revenue | $28,025 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,494 |
| Professional fees and other payments to independent contractors | $2,465 |
| Occupancy, rent, utilities, and maintenance | $4,104 |
| Printing, publications, postage, and shipping | $1,128 |
| Other expenses | $24,025 |
| Total expenses | $40,216 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,770 |
| Other assets | $0 |
| Total assets | $16,770 |
| Total liabilities | $1,142 |
| Net assets or fund balances | $15,628 |