Ames Chamber Of Commerce Foundation
- Assets
- $253.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ames, IA
- Founding
- 10/2015
- Data as of
- 12/2023
- EIN
- 47-5126731
Organization Overview
Ames Chamber Of Commerce Foundation is located in Ames, IA. The organization was established in 2015. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ames Chamber Of Commerce Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ames Chamber Of Commerce Foundation generated $49.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $59.7k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE SERVICES THAT ADVANCE THE GENERAL WELFARE, ENJOYMENT AND PROSPERITY OF THE AMES COMMUNITY, TO ENHANCE THE QUALITY OF LIFE, PROVIDE FOR COMMUNITY DEVELOPMENT, COMMUNITY BETTERMENT, ENHANCE THE LEADERSHIP KNOWLEDGE AND ENJOYMENT OF THE CITIZENS OF AMES AND SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Cunningham Director | 1 | $0 | |
Michelle Vogel Chair | 1 | $0 | |
Jeff Janes Vice Chair | 1 | $0 | |
Nikki Kyle Secretary | 1 | $0 | |
Jason Jennings Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,100 |
| Total Program Service Revenue | $1,686 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,786 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $22,192 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $37,500 |
| Other expenses | $0 |
| Total expenses | $59,692 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $253,553 |
| Other assets | $0 |
| Total assets | $253,553 |
| Total liabilities | $38,710 |
| Net assets or fund balances | $214,843 |