Greater Smithfield Chamber Of Commerce is located in Smithfield, UT. The organization was established in 2008. 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. Greater Smithfield 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 12/2023, Greater Smithfield Chamber Of Commerce generated $19.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 37.9% each year . All expenses for the organization totaled $11.9k during the year ending 12/2023. While expenses have increased by 12.2% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
GIFTS TO LOCAL PUBLIC SCHOOLS
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $3,475 |
Investment income | $38 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $16,140 |
Other Revenue | $0 |
Total Revenue | $19,653 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $655 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $120 |
Other expenses | $11,157 |
Total expenses | $11,932 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $49,940 |
Other assets | $0 |
Total assets | $55,257 |
Total liabilities | $7,560 |
Net assets or fund balances | $47,697 |