Choctaw Chamber Of Commerce Inc
- Assets
- $162.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Choctaw, OK
- Founding
- 10/1999
- Data as of
- 12/2021
- EIN
- 73-1547468
Organization Overview
Choctaw Chamber Of Commerce Inc is located in Choctaw, OK. The organization was established in 1999. 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, Choctaw Chamber Of Commerce Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Choctaw Chamber Of Commerce Inc 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, Choctaw Chamber Of Commerce Inc generated $135.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $96.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 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
THE PROGRAMS AND SERVICES OF THE CHOCTAW AREA CHAMBER OF COMMERCESERVED APPROXIMATELY 200 BUSINESS ENTITIES DURING THE YEAR THROUGH VARIOUS EVENTS AND NETWORKING ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Goodwin President & | 40 | $42,689 | |
John Primo Chairman | 5 | $0 | |
Debbie Kuykendall Chairman Ele | 2 | $0 | |
Todd Young Treasurer | 2 | $0 | |
Teresa Shuffield Vice Chairma | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,698 |
| Total Program Service Revenue | $3,885 |
| Membership dues | $36,234 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $78,595 |
| Other Revenue | $0 |
| Total Revenue | $135,420 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,372 |
| Professional fees and other payments to independent contractors | $14,080 |
| Occupancy, rent, utilities, and maintenance | $11,510 |
| Printing, publications, postage, and shipping | $2,621 |
| Other expenses | $20,483 |
| Total expenses | $96,066 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,732 |
| Other assets | $0 |
| Total assets | $162,410 |
| Total liabilities | $0 |
| Net assets or fund balances | $162,410 |
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