Durant Area Chamber Of Commerce

Organization Overview

Durant Area Chamber Of Commerce is located in Durant, OK. The organization was established in 1972. 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 12/2022, Durant Area Chamber Of Commerce employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Durant Area 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 12/2022, Durant Area Chamber Of Commerce generated $564.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $568.4k during the year ending 12/2022. While expenses have increased by 13.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FACILITATE BUSINESS ACTIVITY IN THE BRYAN COUNTY, OKLAHOMA AREA

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CHAMBER'S ON-GOING OBJECTIVE IS TO PROMOTE AND FACILITATE BUSINESS ACTIVITY AND ACTIVELY PURSUE ECONOMIC DEVELOPMENT IN THE SURROUNDING COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Executive Director
$94,359
Mona Campbell
President
$0
Scott Dewald
1st Vice President
$0
Cole Walker
2nd Vice President
$0
Savanna Dixon
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$137,499
Fundraising events$177,972
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$315,471
Total Program Service Revenue$241,556
Investment income $130
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $564,636

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