Duncan Chamber Of Commerce Incorporated

Organization Overview

Duncan Chamber Of Commerce Incorporated is located in Duncan, OK. The organization was established in 1928. 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, Duncan Chamber Of Commerce Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Duncan Chamber Of Commerce Incorporated 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, Duncan Chamber Of Commerce Incorporated generated $269.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $162.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE DUNCAN CHAMBE OF COMMERCE, INC. IS TO PROVIDE LEADERSHIP IN IMPROVING THE BUSINESS CLIMATE AND QUALITY OF LIFE BY MOBILIZING COMMUNITY RESOURCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALL CHAMBER PROGRAMS ACTIVITIES PROMOTE AND PRESERVE BUSINESS AND COMMUNITY GROWTH THROUGH ASSISTANCE TO MEMBERS AND THE PUBLIC, IN ACCORDANCE WITH THE STATED EXEMPT PURPOSE.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Deal
President
$60,428
Allen Gates
Treasurer
$0
Teri Billings
Chairman
$0
Rex Outhier
Past Chairman
$0
Leigh Mcentire
Incoming Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$96,337
Fundraising events$0
Related organizations$0
Government grants $45,793
All other contributions, gifts, grants, and similar amounts not included above$24,535
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$166,665
Total Program Service Revenue$0
Investment income $144
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $103,106
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $269,915

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Duncan Chamber Of Commerce Incorporated has recieved totaling $8,500.

Awarding OrganizationAmount
Communities Foundation Of Oklahoma Inc

Oklahoma City, OK

PURPOSE: SUPPORT GRANT DUNCAN'S MEMORIAL PARK

$8,500
View Grant Recipient Profile

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