Osceola Chamber Of Commerce
- Assets
- $52.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Osceola, AR
- Founding
- 10/1966
- Data as of
- 12/2022
- EIN
- 71-0219233
Organization Overview
Osceola Chamber Of Commerce is located in Osceola, AR. The organization was established in 1966. 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 12/2022, Osceola Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Osceola 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 12/2022, Osceola Chamber Of Commerce generated $143.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $104.3k during the year ending 12/2022. While expenses have increased by 0.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SPECIAL EVENTS AND INITIATIVES TO ENRICH THE BUSINESS COMMUNITY AND AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Owens Executive Di | 40 | $48,292 | |
Sandra Collins Past Preside | 2 | $0 | |
Michael Ephlin President | 2 | $0 | |
Justin Cissell Board Member | 2 | $0 | |
Shawn Chafin Board Member | 2 | $0 | |
Philip Adcock Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,500 |
| Total Program Service Revenue | $45,448 |
| Membership dues | $51,177 |
| Investment income | $17,449 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,574 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,124 |
| Professional fees and other payments to independent contractors | $851 |
| Occupancy, rent, utilities, and maintenance | $10,269 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,033 |
| Total expenses | $104,277 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,757 |
| Other assets | $0 |
| Total assets | $52,909 |
| Total liabilities | $1,010 |
| Net assets or fund balances | $51,899 |