Paris Chamber Of Commerce
- Assets
- $43.6k
- Revenue
- $126.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Paris, AR
- Founding
- 11/1989
- Data as of
- 12/2021
- EIN
- 71-0204987
Organization Overview
Paris Chamber Of Commerce is located in Paris, AR. The organization was established in 1989. 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, Paris Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paris 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, Paris Chamber Of Commerce generated $126.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $119.3k during the year ending 12/2021. While expenses have increased by 1.7% 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
TO BE THE GO TO ORGANIZATION IN OF THE TOWN AND THE AREA FOR PURPOSES OF BUSINESS OR INDUSTRIAL GROWTH, OR FOR THE PROMOTION OF TOURISM
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHAMBER OFFICE IS THE GO TO ORGANIZATION FOR INFORMATION OF THE
THE CHAMBER BANQUET OFFERS A CHANCE FOR LOCAL BUSINESSES TO GET
FRONTIER DAYS AGAIN OFFERS A FALL FESTIVAL FOR LOCALS AND VISITORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tonya Fletcher Exec Dir | Officer | 40 | $44,532 |
D Schluterman Secretary | OfficerTrustee | 2 | $0 |
Amber Mikles Vice President | OfficerTrustee | 2 | $0 |
Tyler Barham Director | Trustee | 2 | $0 |
T Patterson Director | Trustee | 2 | $0 |
Jeff Oneal Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,393 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,393 |
| Total Program Service Revenue | $101,774 |
| Investment income | $1 |
| 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 | $126,168 |
| 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. | $65,795 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,618 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,231 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,581 |
| Office expenses | $13,166 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,978 |
| Travel | $1,078 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $206 |
| Interest | $0 |
| Payments to affiliates | $4,142 |
| Depreciation, depletion, and amortization | $38 |
| Insurance | $1,899 |
| All other expenses | $0 |
| Total functional expenses | $119,338 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,465 |
| Savings and temporary cash investments | $2,073 |
| 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 | $8,015 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $43,553 |
| Accounts payable and accrued expenses | $1,595 |
| 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 | $1,595 |
| Net assets without donor restrictions | $0 |
| 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 | $41,958 |
| Total liabilities and net assets/fund balances | $43,553 |
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