Prescott Chamber Of Commerce
- Assets
- $113.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prescott, AR
- Founding
- 10/1944
- Data as of
- 08/2023
- EIN
- 71-0144195
Organization Overview
Prescott Chamber Of Commerce is located in Prescott, AR. The organization was established in 1944. 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. Prescott 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 08/2023, Prescott Chamber Of Commerce generated $102.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $93.0k during the year ending 08/2023. While expenses have increased by 5.0% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION OF PRESCOTT AND NEVADA COUNTY ARKANSAS BY PROMOTING LOCAL EVENTS AND BUSINESSES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $14,981 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $86,851 |
| Other Revenue | $0 |
| Total Revenue | $102,669 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,685 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,643 |
| Printing, publications, postage, and shipping | $3,398 |
| Other expenses | $26,271 |
| Total expenses | $92,997 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,049 |
| Other assets | $0 |
| Total assets | $113,885 |
| Total liabilities | $5,298 |
| Net assets or fund balances | $108,587 |