Jefferson Chamber Of Commerce is located in Metairie, LA. The organization was established in 1997. 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, Jefferson Chamber Of Commerce employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson 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, Jefferson Chamber Of Commerce generated $977.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $926.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. 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
ADVANCE THE BUSINESS COMMUNITY, ECONOMIC, CIVIC AND CULTURAL ENVIRIONMENT AND IMPROVE QUALITY OF LIFE
Describe the Organization's Program Activity:
Part 3 - Line 4a
BENEFITS OF MEMBERSHIP: OPPORTUNITY TO MEET WITH OTHER MEMBERS TO PROMOTE THEIR SERVICES, PRODUCTS AND TO ESTABLISH LONG-TERM RELATIONSHIPS THROUGH BUSINESS CARD EXCHANGES, BUSINESS AND BREAKFAST MEETING EXCHANGES, SPECIALIZED COMMITTEES, CRAWFISH BOIL, MEMBERSHIP LUNCHEONS, NEW MEMBER ORIENTATIONS, AND ANNUAL MEETING GALA.
GOVERNMENT HOSTING DC EVENTS: ELECTED OFFICIALS MEETINGS, WASHINGTON DC FLY-IN, WASHINGTON MARDI GRAS, STATE OF THE PARISH ADDRESS
BUSINESS GROWTH & DEVELOPMENT: BUSINESS LUNCHEON MEETINGS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Todd Murphy President | Officer | 40 | $258,916 |
Ryan Daul Immediate Past Chairman | OfficerTrustee | 0.5 | $0 |
Beth Walker Chairman | OfficerTrustee | 0.5 | $0 |
Philip W Rebowe CPA Secretary | OfficerTrustee | 3 | $0 |
Staci Ritchie Treasurer | OfficerTrustee | 3 | $0 |
Nick Karl Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $89,122 |
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 | $89,122 |
Total Program Service Revenue | $672,366 |
Investment income | $851 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $215,418 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $977,757 |
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. | $274,044 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $194,134 |
Pension plan accruals and contributions | $6,930 |
Other employee benefits | $34,750 |
Payroll taxes | $40,506 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $25,190 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,543 |
Advertising and promotion | $1,355 |
Office expenses | $59,321 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $66,022 |
Travel | $2,079 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $198,059 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,608 |
Insurance | $8,721 |
All other expenses | $0 |
Total functional expenses | $926,198 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $130,404 |
Savings and temporary cash investments | $422,897 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $14,881 |
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 | $82,429 |
Net Land, buildings, and equipment | $4,769 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $655,380 |
Accounts payable and accrued expenses | $30,360 |
Grants payable | $0 |
Deferred revenue | $330,590 |
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 | $6,150 |
Total liabilities | $367,100 |
Net assets without donor restrictions | $288,280 |
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 | $0 |
Total liabilities and net assets/fund balances | $655,380 |
Over the last fiscal year, we have identified 1 grants that Jefferson Chamber Of Commerce has recieved totaling $10,600.
Awarding Organization | Amount |
---|---|
Aarp Washington, DC PURPOSE: Sponsorship of Mardi Gras event | $10,600 |
Organization Name | Assets | Revenue |
---|---|---|
Lloyds Register North America Inc Houston, TX | $53,290,945 | $33,311,416 |
Louisiana Ambulance Alliance Inc Napoleonville, LA | $5,578,332 | $30,543,889 |
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |