Maumelle Chamber Of Commerce
- Assets
- $492.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Maumelle, AR
- Founding
- 09/2008
- Data as of
- 12/2021
- EIN
- 71-0687829
Organization Overview
Maumelle Chamber Of Commerce is located in Maumelle, AR. The organization was established in 2008. 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. Maumelle 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, Maumelle Chamber Of Commerce generated $96.0k 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 (3.2%) each year. All expenses for the organization totaled $83.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTED FAVORABLE BUSINESS CLIMATE FOR ITS MEMBERSHIP AND COMMUNITY THROUGH BUSINESS EXPOS, NETWORKING LUNCHEONS, ETC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theda Mahony Executive Director | 40 | $25,390 | |
Tracie Flynn President | 5 | $0 | |
Al Canelli Vice President | 5 | $0 | |
Janet Clements Treasurer | 5 | $0 | |
Vitesh Patel Director | 5 | $0 | |
Liliana Macphee Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,305 |
| Total Program Service Revenue | $0 |
| Membership dues | $74,400 |
| Investment income | $672 |
| Gain or Loss | $1,555 |
| Net Income from Gaming & Fundraising | $15,066 |
| Other Revenue | $24 |
| Total Revenue | $96,022 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,885 |
| Professional fees and other payments to independent contractors | $490 |
| Occupancy, rent, utilities, and maintenance | $28,901 |
| Printing, publications, postage, and shipping | $1,313 |
| Other expenses | $27,098 |
| Total expenses | $83,687 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $470,238 |
| Other assets | $0 |
| Total assets | $492,144 |
| Total liabilities | $446,636 |
| Net assets or fund balances | $45,508 |
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|---|---|---|
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Wholesale And Specialty Insurance Association Kansas City, MO | $18,822,965 | $8,866,065 |
Texas Oil And Gas Association Inc Austin, TX | $10,912,231 | $6,947,737 |
American Agape Foundation Inc San Antonio, TX | $30,797,369 | $7,152,363 |
American Payroll Institute Inc San Antonio, TX | $40,803,179 | $11,952,321 |
American Concrete Pipe Association Irving, TX | $3,273,798 | $7,015,409 |