Ozark Area Chamber Of Commerce is located in Ozark, AL. The organization was established in 0000. 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 12/2021, Ozark Area Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ozark Area 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, Ozark Area Chamber Of Commerce generated $100.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $95.7k during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE IMPROVEMENT AND DEVELOPMENT OF COMMUNITY AND BUSINESS IN OZARK AND DALE COUNTY ALABAMA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHAMBER OF COMMERCE CONSISTS OF A LEAGUE OF LOCAL BUSINESSES AND INDIVIDUALS FORMED TO PROMOTE THE IMPROVEMENT AND DEVELOPMENT OF COMMUNITY AND BUSINESS IN OZARK AND DALE COUNTY
THE CHAMBER OF COMMERCE CONSISTS OF A LEAGUE OF LOCAL BUSINESSES AND INDIVIDUALS FORMED TO PROMOTE THE IMPROVEMENT AND DEVELOPMENT OF COMMUNITY AND BUSINESS IN OZARK AND DALE COUNTY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sylvia Ambrose President | Officer | 0.5 | $0 |
Brandon Benefield 1st Vice Pre | Officer | 0.25 | $0 |
Amanda Filipowski 2nd Vice Pre | Officer | 0.25 | $0 |
Vernon Johnson Immediate Pa | Officer | 0.25 | $0 |
Charles D Harper Treasurer | Officer | 0.25 | $0 |
Amy Dunn Director | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $41,263 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $36,000 |
All other contributions, gifts, grants, and similar amounts not included above | $17,404 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $94,667 |
Total Program Service Revenue | $5,842 |
Investment income | $15 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $100,524 |
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 | $42,494 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $642 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,730 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $9,712 |
Office expenses | $3,810 |
Information technology | $272 |
Royalties | $0 |
Occupancy | $11,447 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $277 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,538 |
Insurance | $2,705 |
All other expenses | $1,913 |
Total functional expenses | $95,704 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,054 |
Savings and temporary cash investments | $19,331 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $40,605 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $67,990 |
Accounts payable and accrued expenses | $281 |
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 | $0 |
Total liabilities | $281 |
Net assets without donor restrictions | $67,709 |
Net assets with donor restrictions | $0 |
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 | $67,990 |
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