Clarion Chamber And Development
- Assets
- $166.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Clarion, IA
- Founding
- 09/2005
- Data as of
- 12/2023
- EIN
- 68-0596699
Organization Overview
Clarion Chamber And Development is located in Clarion, IA. The organization was established in 2005. 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 12/2023, Clarion Chamber And Development employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clarion Chamber And Development 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, Clarion Chamber And Development generated $72.4k 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 (6.9%) each year. All expenses for the organization totaled $68.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CLARION COMMUNITY DEVELOPMENT AND BUSINESS PROMOTION AND SUPPORT
Describe the Organization's Program Activity:
Part 3
CLARION BUSINESS, COMMUNITY AND INDUSTRIAL PARK SUPPORT AND DEVELOPMENT
CLARION PARTNERSHIP FOR GROWTH SPONSORS AN ANNUAL COMMUNITY CELEBRATION THAT PROMOTES CLARION AND ITS BUSINESSES BY BRINGING PEOPLE INTO CLARION.
CLARION PARTNERSHIP FOR GROWTH SPONSORS A COMMUNITY FITNESS CENTER. THE FITNESS CENTER IS AN AMENITY THAT IS INSTRUMENTAL IN ATTRACTING BUSINESSES AND RESIDENTS TO THE CITY OF CLARION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Marker President | 0 | $0 | |
Hillari Sanders Director | 0 | $0 | |
Bridget Shileny Director | 0 | $0 | |
Elizabeth Mcollough Director | 0 | $0 | |
Michael Boothby Director | 0 | $0 | |
John Campbell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,315 |
| Total Program Service Revenue | $0 |
| Membership dues | $66,332 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$6,882 |
| Other Revenue | $5,670 |
| Total Revenue | $72,440 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,590 |
| Professional fees and other payments to independent contractors | $1,730 |
| Occupancy, rent, utilities, and maintenance | $3,955 |
| Printing, publications, postage, and shipping | $279 |
| Other expenses | $31,464 |
| Total expenses | $68,333 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,002 |
| Other assets | $0 |
| Total assets | $166,545 |
| Total liabilities | $2,256 |
| Net assets or fund balances | $164,289 |