Guymon Chamber Of Commerce
- Assets
- $245.2k
- Revenue
- $159.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Guymon, OK
- Founding
- 10/1993
- Data as of
- 12/2022
- EIN
- 73-0540355
Organization Overview
Guymon Chamber Of Commerce is located in Guymon, OK. The organization was established in 1993. 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. Guymon 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, Guymon Chamber Of Commerce generated $159.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $68.4k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC DEVELOPMENT & PRESERVATION OF EXISTING COMMERCE IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PIONEER DAYS IS OUR LARGEST PROGRAM EVENT OF THE YEAR. WITH THIS PROJECT, HUNDREDS OF THOUSANDS DOLLARS ARE BROUGHT INTO THE COMMUNITY THROUGH TOURISM BY WAY OF THE RODEO (WHICH PRESERVES OUR HERITAGE), A CARNIVAL, PIONEER PARADE AND MANY OTHER LOCAL EVENTS ARE PUT ON BY VARIOUS CIVIC AND COMMUNITY CLUBS, INDIVIDUALS AND BUSINESSES. OUR RODEO IS A FIVE DAY EVENT WITH WHICH IS SANCTIONED BY THE PRO-RODEO COWBOY ASSOCIATION AND BRINGS THOUSANDS OF CONTESTANTS FROM ALL OVER THE UNITED STATES TO COMPETE. ALL OF THESE CONTESTANTS BUY FUEL, SLEEP AND EAT THEREBY ENHANCING FINANCIAL GROWTH IN OUR COMMUNITY AS WELL AS SPECTATORS WHO COME TO THE COMMUNITY FOR THE RODEO.
THE ANNUAL AWARD BANQUET/ANNUAL MEETING IS HELD EVERY YEAR. WE HONOR VARIOUS INDIVIDUALS & BUSINESSES AT THIS BANQUET SUCH AS CITIZEN OF THE YEAR, VOLUNTEER OF THE YEAR, AMBASSADOR OF THE YEAR. ANNUAL GOLF TOURNAMENT. LEADERSHIP GUYMON. AG APPRECIATION DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Blanton President | Trustee | $0 | |
Whitney Bressler Treasurer | Trustee | $0 | |
Jeremy Carman Director | Trustee | $0 | |
Mitch Egger Director | Trustee | $0 | |
Allison Gipe Director | Trustee | $0 | |
Davida Gomez Secretary | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $22,125 |
| Investment income | $596 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,050 |
| Net Gain/Loss on Asset Sales | $82,701 |
| Net Income from Fundraising Events | $47,770 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $159,875 |
| 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 | $26,324 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,981 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,905 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,332 |
| Office expenses | $9,529 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,887 |
| Travel | $0 |
| 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 | $964 |
| Insurance | $1,991 |
| All other expenses | $2,939 |
| Total functional expenses | $68,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $241,942 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $3,268 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $245,210 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $245,210 |
| 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 | $245,210 |