Fredonia Chamber Of Commerce Inc
- Assets
- $48.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fredonia, KS
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 48-0910869
Organization Overview
Fredonia Chamber Of Commerce Inc is located in Fredonia, KS. The organization was established in 2001. 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. Fredonia Chamber Of Commerce Inc 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 12/2022, Fredonia Chamber Of Commerce Inc generated $57.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $67.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
THE CHAMBER OF COMMERCE WAS ESTABLISHED TO PROMOTE LOCAL BUSINESS. THIS HAS BEEN ACHIEVED FOR THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Colibert Executive Director | 30 | $36,720 | |
Eric Marr Past President | 1 | $0 | |
Rick Cunningham Director | 1 | $0 | |
Kimber Stithem President | 1 | $0 | |
Sandra Dunn Treasurer | 1 | $0 | |
Daniel Green President Elect | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,320 |
| Total Program Service Revenue | $17,882 |
| Membership dues | $34,412 |
| Investment income | $49 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,663 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,879 |
| Professional fees and other payments to independent contractors | $140 |
| Occupancy, rent, utilities, and maintenance | $7,381 |
| Printing, publications, postage, and shipping | $656 |
| Other expenses | $19,683 |
| Total expenses | $67,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,413 |
| Other assets | $0 |
| Total assets | $48,413 |
| Total liabilities | $20,957 |
| Net assets or fund balances | $27,456 |
Peer Organizations
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|---|---|---|
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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 |
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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 |