Alva Chamber Of Commerce
- Assets
- $77.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alva, OK
- Founding
- 11/1939
- Data as of
- 09/2023
- EIN
- 73-0125450
Organization Overview
Alva Chamber Of Commerce is located in Alva, OK. The organization was established in 1939. 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. Alva 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 09/2023, Alva Chamber Of Commerce generated $139.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $141.8k during the year ending 09/2023. While expenses have increased by 6.5% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE BUSINESS AND INDUSTRY, ENHANCE ECONOMIC AND COMMUNITY VITALITY, SUPPORT TOURISM OPPORTUNITIES AND PROMOTION, AND IMPROVE THE OVERALL QUALITY OF LIFE IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Magen Lahr President | 4 | $0 | |
Jode Bradt Executive Director | 40 | $0 | |
Scott Kline Secretary | 4 | $0 | |
Melissa Fisher Past President | 4 | $0 | |
Angelica Brady Board Member | 2 | $0 | |
Drew Cunningham Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,337 |
| Total Program Service Revenue | $68,816 |
| Membership dues | $52,101 |
| Investment income | $589 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,843 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $18,764 |
| Salaries, other compensation, and employee benefits | $65,490 |
| Professional fees and other payments to independent contractors | $11,000 |
| Occupancy, rent, utilities, and maintenance | $14,685 |
| Printing, publications, postage, and shipping | $124 |
| Other expenses | $31,762 |
| Total expenses | $141,825 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,255 |
| Other assets | $0 |
| Total assets | $77,323 |
| Total liabilities | $26,297 |
| Net assets or fund balances | $51,026 |