Great Bend Chamber Of Commerce
- Assets
- $110.0k
- Revenue
- $166.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Great Bend, KS
- Founding
- 07/1944
- Data as of
- 12/2023
- EIN
- 48-0242714
Organization Overview
Great Bend Chamber Of Commerce is located in Great Bend, KS. The organization was established in 1944. 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 12/2023, Great Bend Chamber Of Commerce employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Bend 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 12/2023, Great Bend Chamber Of Commerce generated $166.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $353.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GREAT BEND CHAMBER OF COMMERCE WILL PROMOTE AND IMPROVE THE BUSINESS CLIMATE IN THE CITY OF GREAT BEND THROUGH ITS SERVICES AND PARTNERSHIPS THAT ENCOURAGE GROWTH AND ASSIST EXISTING AND NEW BUSINESSES IN REACHING THEIR BUSINESS GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT: GREAT BEND IS A VIBRANT COMMUNITY OF MORE THAN 15,000 PEOPLE LOCATED IN THE HEART OF AMERICA; NEAR THE GEOGRAPHICAL CENTER OF KANSAS. THE CENTRAL LOCATION OF THE CITY ALLOWS FOR SHORT TRAVEL TO ANYWHERE IN THE STATE, INCLUDING WICHITA AND KANSAS CITY. DENVER IS ALSO JUST A MERE SIX HOURS DRIVE AWAY. INCENTIVES AVAILABLE THROUGH THE CITY OF GREAT BEND, BARTON COUNTY, AND THE STATE OF KANSAS MAKE RELOCATION OR EXPANSION IN THE COMMUNITY COMPETITIVE. COMPANIES IN GREAT BEND ENJOY AN ADAPTABLE AND HARD WORKING REGIONAL LABOR POOL OF CLOSE TO 66,000. THROUGH PARTNERSHIPS WITH BARTON COUNTY COMMUNITY COLLEGE AND THE STATE OF KANSAS, THE COMMUNITY HAS THE ABILITY TO RAPIDLY TRAIN AND RETAIN THE EXISTING WORKFORCE TO MEET THE NEEDS OF BUSINESS.
KIDS AG DAY: THE CHAMBER'S AGRI-BUSINESS COMMITTEE WORKS DILIGENTLY TO PROVIDE EDUCATIONAL OPPORTUNITITES TO ALL FOURTH GRADE STUDENTS IN BARTON COUNTY THROUGH AN ANNUAL EVENT KNOWN AS KIDS AG DAY, HELD EACH SEPTEMBER. THE AGRI-BUSINESS COMMITTEE ALSO SERVES AAS A RESOURCE TO RESEARCH AND PROMOTE NEW MARKETS FOR AGRICULTURAL PRODUCTS. OTHER PROGRAMS: A VARIETY OF COMMUNITY SERVICE PROGRAMS THAT BENEFIT OUR CURRENT AND FUTURE ECONOMIC GROWTH AND OPPORTUNITIES.
BARTON COUNTY YOUNG PROFESSIONALS: THE BARTON COUNTY YOUNG PROFESSIONALS GROUP IS TAGETED FOR INDIVIDUALS BETWEEN THE AGES OF 21 AND 40 WHO LIVE AND/OR WORK IN THE BARTON COUNTY AREA. THE PROGRAM HAS THREE MAIN GOALS: 1) FOSTERING BUSINESS AND SOCIAL NETWORKING, 2) PROVIDING OPPORTUNITIES TO GIVE BACK TO THE COMMUNITY, AND 3) DEVELOPING YOUNG LEADERS IN TODAY'S WORKFORCE. MEMBERS ENJOY A VARIETY OF MONTHLY EVENTS, WHICH ROTATE BETWEEN SPONSORED MIXERS, LEADERSHIP DEVELPMENT LUNCHEONS, AND SOCIAL EVENTS. IN ADDITION TO NUMEROUS NETWORKING OPPORTUNITIES, MEMBERS ALSO ENJOY EXCLUSIVE PERKS, INCLUDING HALF-PRICE RENTAL OF CHAMBER MEETING ROOMS, PROFESSIONAL LEADERSHIP TRAINING, DISCOUNTS AND FREEBIES FROM LOCAL BUSINESSES, AND MORE.
GREAT BEND FARM & RANCH EXPO: THE GREAT BEND FARM & RANCH EXPO, HELD ANNUALLY DURING THE SECOND WEEK OF APRIL, IS ONE OF THE LARGEST AND MOST WELL-ORGANIZED EXPOSITIONS OF ITS KIND IN THE MIDWEST. HUNDREDS OF EXHIBITORS AND THOUSANDS OF SPECTATORS FLOCK TO GREAT BEND EACH YEAR FOR THE THREE-DAY SHOW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Barfield President | Officer | $0 | |
Barry Bowers Treasurer | OfficerTrustee | $0 | |
Robert Bauer Vice Preside | OfficerTrustee | $0 | |
Scott Dewerff Vice Preside | OfficerTrustee | $0 | |
Ana Hayson Director | Trustee | $0 | |
Mark Mingenback Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $163,939 |
| 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 | $163,939 |
| Total Program Service Revenue | $99,723 |
| Investment income | $675 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$6,092 |
| Net Gain/Loss on Asset Sales | -$118,402 |
| Net Income from Fundraising Events | $14,611 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $166,594 |
| 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 | $134,649 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,533 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,815 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,069 |
| Office expenses | $18,351 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,686 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,915 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,008 |
| Insurance | $13,724 |
| All other expenses | $0 |
| Total functional expenses | $353,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,483 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,658 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $56,811 |
| Total assets | $109,952 |
| Accounts payable and accrued expenses | $3,018 |
| 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 | $50,850 |
| Total liabilities | $53,868 |
| Net assets without donor restrictions | $39,334 |
| Net assets with donor restrictions | $16,750 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $109,952 |