South Oklahoma City Chamber Of Commerce is located in Oklahoma City, OK. The organization was established in 1957. 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, South Oklahoma City Chamber Of Commerce employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Oklahoma City 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, South Oklahoma City Chamber Of Commerce generated $722.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $642.7k during the year ending 12/2021. While expenses have increased by 0.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHAMBER COMMERCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS COMMUNITY SERVICE PROGRAMS, I.E. ARTSFESTIVAL, BUSINESS DEVELOPMENT, ETC
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $387,741 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $387,741 |
Total Program Service Revenue | $67,458 |
Investment income | $407 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$12,748 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $722,223 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $283,665 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $22,705 |
Payroll taxes | $22,982 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $21,741 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $43,024 |
Advertising and promotion | $0 |
Office expenses | $7,492 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,819 |
Travel | $2,123 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,033 |
Insurance | $0 |
All other expenses | $195,572 |
Total functional expenses | $642,683 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,770 |
Savings and temporary cash investments | $339,142 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $22,075 |
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 | $1,151 |
Net Land, buildings, and equipment | $174,361 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $545,499 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $4,069 |
Total liabilities | $4,069 |
Net assets without donor restrictions | $541,430 |
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 | $545,499 |
Over the last fiscal year, we have identified 5 grants that South Oklahoma City Chamber Of Commerce has recieved totaling $55,440.
Awarding Organization | Amount |
---|---|
Mercy Health Oklahoma Communities Inc Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $17,865 |
Mercy Health Oklahoma Communities Inc Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $17,865 |
Mercy Hospital Oklahoma City Inc Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $6,570 |
Mercy Hospital Oklahoma City Inc Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $6,570 |
Mercy Hospital Oklahoma City Inc Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $6,570 |
Organization Name | Assets | Revenue |
---|---|---|
Dairy Promotion Inc Kansas City, KS | $585,537 | $75,669,129 |
National Cattlemens Beef Association Inc Centennial, CO | $34,892,254 | $54,202,215 |
United States Meat Export Federation Inc Denver, CO | $20,783,822 | $49,870,327 |
Lloyds Register North America Inc Houston, TX | $53,290,945 | $33,311,416 |
Mgma-Acmpe Englewood, CO | $54,755,762 | $36,087,217 |
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
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 |
Mountain States Employers Council Inc Denver, CO | $41,916,661 | $36,504,782 |
Vail Valley Foundation Inc Avon, CO | $22,993,237 | $18,789,291 |
National Biodiesel Board Jefferson City, MO | $12,011,947 | $15,134,555 |