Queen Creek Of Commerce Incorported is located in Queen Creek, AZ. The organization was established in 2003. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Queen Creek Of Commerce Incorported employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Queen Creek Of Commerce Incorported 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 06/2021, Queen Creek Of Commerce Incorported generated $215.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $180.8k during the year ending 06/2021. While expenses have increased by 4.7% per year over the past 6 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
MAINTAIN, STRENGTHEN BUSINESS ENVIRONMENT IN AND AROUND QUEEN CREEK AZ.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILD AND MAINTAIN BUSINESS RELATIONSHIPS WITHIN TOWN. PROVIDE A MAGAZINE.
BUSINESS AWARD DINNER TO ACKNOWLEDGE BUSINESS ACHIEVEMENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Clark President | Officer | 45 | $63,000 |
Angela Askey Chariman | Officer | 3 | $0 |
Monica Otoole Treasurer | Officer | 2 | $0 |
Chris Francoeur Secretary | Officer | 2 | $0 |
Jenn Lindley Board Member | Trustee | 1 | $0 |
Robert Gardner Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $104,710 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $81,562 |
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 | $186,272 |
Total Program Service Revenue | $29,539 |
Investment income | $81 |
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 | $215,892 |
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. | $63,000 |
Compensation of current officers, directors, key employees. | $44,100 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $34,349 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,412 |
Payroll taxes | $8,260 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $813 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $32,000 |
Advertising and promotion | $3,301 |
Office expenses | $7,974 |
Information technology | $5,423 |
Royalties | $0 |
Occupancy | $8,846 |
Travel | $370 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $914 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $9,735 |
All other expenses | $2,995 |
Total functional expenses | $180,765 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $133,001 |
Savings and temporary cash investments | $100,541 |
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 | $711 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $577 |
Total assets | $234,830 |
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 | $234,830 |
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 | $234,830 |
Over the last fiscal year, we have identified 1 grants that Queen Creek Of Commerce Incorported has recieved totaling $26,500.
Awarding Organization | Amount |
---|---|
Banner Health Phoenix, AZ PURPOSE: GENERAL SUPPORT | $26,500 |
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