Wolf Point Chamber Of Commerce Inc

Organization Overview

Wolf Point Chamber Of Commerce Inc is located in Wolf Point, MT. The organization was established in 1948. 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 12/2023, Wolf Point Chamber Of Commerce Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wolf Point 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 12/2023, Wolf Point Chamber Of Commerce Inc generated $194.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $98.2k during the year ending 12/2023. While expenses have increased by 3.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE STATEMENT.THE MISSION OF THE WOLF POINT CHAMBER OF COMMERCE & AGRICULTURE IS TO SUPPORT AND PROMOTE LOCAL BUSINESSES AND AGRICULTURE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENCOURAGE NEW BUSINESS, AND RETAIN AND PROMOTE EXISTING BUSINESSES WITH COMMUNITY WIDE ACTIVITIES SUCH AS ART IN THE PARK, CHRISTMAS STROLL, COMMUNITY CLEAN SWEEP AND BEAUTIFICATION, ETC.


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Board, Officers & Key Employees

Name (title)Compensation
Jeff Presser
Director
$0
Arlyss Long
Sec/treasurer
$0
Jerald Petersen
Director
$0
Jan Bryan
Director
$0
Dan Hutchinson
Director
$0
Aaron Kurokawa
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$21,475
Fundraising events$0
Related organizations$0
Government grants $3,500
All other contributions, gifts, grants, and similar amounts not included above$100
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$25,075
Total Program Service Revenue$57,292
Investment income $527
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,425
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $42,436
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$222
Miscellaneous Revenue$0
Total Revenue $194,300

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