Dumas Chamber Of Commerce Inc
- Assets
- $70.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dumas, AR
- Founding
- 05/1989
- Data as of
- 12/2021
- EIN
- 71-0568395
Organization Overview
Dumas Chamber Of Commerce Inc is located in Dumas, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dumas Chamber Of Commerce Inc 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, Dumas Chamber Of Commerce Inc generated $64.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $46.2k during the year ending 12/2021. While expenses have increased by 2.0% 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
2021
Describe the Organization's Program Activity:
Part 3
THE PRIMARY EXEMPT PURPOSE IS TO PROMOTE THE CITY, COMMUNITY, AND BUSINESSES LOCATED IN DUMAS. WE ALSO ASSIST IN BRING NEW BUSINESS TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Day Director | 40 | $29,720 | |
Annette Cowen Secretary Treasurer | 1 | $0 | |
Heather Harris President | 1 | $0 | |
Blake Downen Vice-Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,046 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,050 |
| Other Revenue | $20,439 |
| Total Revenue | $64,435 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,720 |
| Professional fees and other payments to independent contractors | $1,325 |
| Occupancy, rent, utilities, and maintenance | $11,657 |
| Printing, publications, postage, and shipping | $337 |
| Other expenses | $2,684 |
| Total expenses | $46,238 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,891 |
| Other assets | $0 |
| Total assets | $70,668 |
| Total liabilities | $548 |
| Net assets or fund balances | $70,120 |
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