Alva Chamber Of Commerce
- Assets
- $74.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alva, OK
- Founding
- 11/1939
- Data as of
- 09/2021
- 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 09/2021, Alva Chamber Of Commerce generated $98.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $111.7k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 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
TO PROMOTE BUSINESS AND INDUSTRY, ENHANCE ECONOMIC AND COMMUNITY VITALITY, SUPPORT TOURISM OPPORTUNITIES AND PROMOTION, AND SERVE AS A CATALYST FOR IMPROVING THE OVERALL QUALITY OF LIFE IN THE COMMUNITY AND REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jodie Bradford Executive Director | 40 | $31,045 | |
Melissa Fisher President | 1 | $0 | |
Brandon Sherman Member | 1 | $0 | |
Jode Bradt Secretary | 1 | $0 | |
Magen Lehr Vice President | 1 | $0 | |
Conner Martin Past President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,978 |
| Total Program Service Revenue | $47,261 |
| Membership dues | $40,450 |
| Investment income | $517 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,206 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,665 |
| Professional fees and other payments to independent contractors | $12,624 |
| Occupancy, rent, utilities, and maintenance | $9,723 |
| Printing, publications, postage, and shipping | $3,013 |
| Other expenses | $44,689 |
| Total expenses | $111,714 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,689 |
| Other assets | $0 |
| Total assets | $74,341 |
| Total liabilities | $3,674 |
| Net assets or fund balances | $70,667 |
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