Morgantown-Butler County Chamber Of Commerce
- Assets
- $60.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morgantown, KY
- Founding
- 05/1991
- Data as of
- 12/2021
- EIN
- 61-0986162
Organization Overview
Morgantown-Butler County Chamber Of Commerce is located in Morgantown, KY. The organization was established in 1991. 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. Morgantown-Butler County Chamber Of Commerce is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Morgantown-Butler County Chamber Of Commerce generated $37.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $14.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.0%) per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
TO IMPROVE THE ECONOMIC & SOCIAL ENVIRONMENT OF THE COMMUNITY & ATTRACT INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Billy Phelps Director | 1 | $0 | |
Tristan Klein President | 12 | $0 | |
Bobby Smith Director | 1 | $0 | |
Giles Taylor Director | 1 | $0 | |
Heather Givens Director | 1 | $0 | |
Dana Phelps Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $110 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $33,522 |
| Other Revenue | $3,684 |
| Total Revenue | $37,316 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,313 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $3,730 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,316 |
| Total expenses | $14,359 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,488 |
| Other assets | $0 |
| Total assets | $60,066 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,066 |
Peer Organizations
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|---|---|---|
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National Association Of Electrical Distributors St Louis, MO | $12,015,051 | $10,580,917 |
Chicagoland Entrepreneurial Center Chicago, IL | $5,911,149 | $8,140,473 |
Touchstone Energy Cooperative Inc Arlington, VA | $11,702,200 | $9,798,586 |
Custom Electronic Design & Installation Association Fishers, IN | $40,806,745 | $4,400,829 |
National Precast Concrete Association Inc Carmel, IN | $13,896,863 | $10,585,314 |
Association For Unmanned Vehicle Systems International Arlington, VA | $11,175,966 | $8,710,398 |
Indiana Underground Plant Protection Service Inc Greenwood, IN | $23,524,907 | $10,120,104 |
Property Loss Research Bureau Downers Grove, IL | $29,282,847 | $8,342,411 |
Residential Real Estate Council Chicago, IL | $27,056,402 | $11,169,926 |
Engine Manufacturers Association Chicago, IL | $15,542,068 | $8,146,219 |
National Board Of Certification And Recert Of Nurse Anesthetists Chicago, IL | $34,872,411 | $14,011,594 |