Chamber Of Commerce
- Assets
- $33.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Russell, KS
- Founding
- 10/1942
- Data as of
- 12/2021
- 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 12/2021, Chamber Of Commerce generated $39.5k 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 (3.0%) each year. All expenses for the organization totaled $45.3k during the year ending 12/2021. 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
2021
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 |
|---|---|---|---|
Denise Ketchens Executive Di | 0 | $15,515 | |
Ashleigh Meyer Chairperson | 0 | $0 | |
Linda Crowder Board Member | 0 | $0 | |
Kim Hoisington Board Member | 0 | $0 | |
Bobby Ross Board Member | 0 | $0 | |
Savanna Ryan Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,945 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,787 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,190 |
| Other Revenue | $0 |
| Total Revenue | $39,542 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,676 |
| Professional fees and other payments to independent contractors | $1,640 |
| Occupancy, rent, utilities, and maintenance | $2,224 |
| Printing, publications, postage, and shipping | $1,808 |
| Other expenses | $8,942 |
| Total expenses | $45,290 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,145 |
| Other assets | $0 |
| Total assets | $33,145 |
| Total liabilities | $267 |
| Net assets or fund balances | $32,878 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Electrical Distributors St Louis, MO | $12,015,051 | $10,580,917 |
Nutech Ventures Lincoln, NE | $5,844,401 | $7,636,320 |
Renewable Fuels Association Ellisville, MO | $2,944,429 | $6,762,820 |
Wholesale And Specialty Insurance Association Kansas City, MO | $18,822,965 | $8,866,065 |
Financial Planning Association Denver, CO | $6,740,399 | $8,225,248 |
The Greater Colorado Springs Chamber And Edc Colorado Springs, CO | $2,246,029 | $6,426,509 |
Missouri Chamber Of Commerce And Industry Jefferson City, MO | $6,822,003 | $6,275,338 |
Growth Organization Of Topeka- Shawnee County Inc Topeka, KS | $18,345,904 | $5,398,082 |
Greater Topeka Partnership Inc Topeka, KS | $3,857,457 | $5,043,792 |
Kansas City Area Development Council Kansas City, MO | $4,057,652 | $5,415,241 |
Oklahoma One-Call System Inc Oklahoma City, OK | $12,064,277 | $6,779,424 |
New Better Business Bureau Inc Omaha, NE | $8,883,722 | $5,104,852 |