Polson Chamber Of Commerce
- Assets
- $151.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Polson, MT
- Founding
- 11/1987
- Data as of
- 12/2021
- EIN
- 81-0183987
Organization Overview
Polson Chamber Of Commerce is located in Polson, MT. The organization was established in 1987. 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. Polson 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 12/2021, Polson Chamber Of Commerce generated $84.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $57.0k during the year ending 12/2021. 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
COST OF MAINTAINING CHAMBER OFFICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Cunningham Office Manager | 20 | $18,536 | |
Launa Benson Director | 1 | $0 | |
Jessie Miller Director | 1 | $0 | |
Kate Sheridan Director | 1 | $0 | |
Brian James Miskimins Past President | 5 | $0 | |
Laura Burland Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,426 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,787 |
| Other Revenue | $0 |
| Total Revenue | $84,217 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,020 |
| Professional fees and other payments to independent contractors | $270 |
| Occupancy, rent, utilities, and maintenance | $11,287 |
| Printing, publications, postage, and shipping | $1,391 |
| Other expenses | $23,985 |
| Total expenses | $56,953 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,257 |
| Other assets | $0 |
| Total assets | $151,497 |
| Total liabilities | $9,872 |
| Net assets or fund balances | $141,625 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Sioux Falls Chamber Of Commerce Sioux Falls, SD | $10,050,793 | $7,933,347 |
American Simmental Association Bozeman, MT | $18,730,338 | $6,575,498 |
Wyoming Chambers Health Benefit Association Gillette, WY | $3,153,493 | $5,111,173 |
Lignite Energy Council Bismarck, ND | $4,866,875 | $4,452,905 |
National Association Of Tower Erectors Watertown, SD | $8,490,002 | $4,294,406 |
Cheyenne Leads Cheyenne, WY | $28,201,578 | $5,161,104 |
The Chamber Fargo Moorhead West Fargo Fargo, ND | $4,165,478 | $3,579,587 |
North Dakota Petroleum Council Inc Bismarck, ND | $7,053,440 | $4,010,483 |
Visit Rapid City Rapid City, SD | $2,991,953 | $3,408,774 |
Billings Chamber Of Commerce Billings, MT | $1,283,550 | $2,461,660 |
Sun Valley Marketing Alliance Inc Ketchum, ID | $1,577,529 | $2,909,558 |
Minot Chamber Of Commerce Minot, ND | $9,669,464 | $3,024,271 |