Chamber Of Commerce
- Assets
- $52.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Russell, KS
- Founding
- 10/1942
- Data as of
- 12/2023
- EIN
- 48-0399740
Organization Overview
Chamber Of Commerce is located in Russell, KS. The organization was established in 1942. 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. 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, Chamber Of Commerce generated $77.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $82.7k during the year ending 12/2023. While expenses have increased by 9.0% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE CHAMBER OF COMMERCE CREATES A PARTNERHSIP AMONG LOCAL BUSINESSES TO WORK TOGETHER TOWARD THE BETTERMENT OF THE BUSINESS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Crowder Past Preside | 0.5 | $0 | |
Savanna Ryan Vice Preside | 0.5 | $0 | |
Bobby Ross President | 0.5 | $0 | |
Lori Meier Board Member | 0.5 | $0 | |
Michelle Sturgeon Board Member | 0.5 | $0 | |
Lisa Moubry Executive Di | 29 | $16,423 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,366 |
| Total Program Service Revenue | $0 |
| Membership dues | $24,340 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,168 |
| Other Revenue | $51,055 |
| Total Revenue | $77,593 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,746 |
| Professional fees and other payments to independent contractors | $2,100 |
| Occupancy, rent, utilities, and maintenance | $1,443 |
| Printing, publications, postage, and shipping | $3,168 |
| Other expenses | $52,215 |
| Total expenses | $82,672 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,493 |
| Other assets | $0 |
| Total assets | $52,493 |
| Total liabilities | $283 |
| Net assets or fund balances | $52,210 |