Coeur Dalene Chamber Of Commerce
- Assets
- $3.0m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 22
- Location
- Coeur Dalene, ID
- Founding
- 03/1945
- Data as of
- 12/2021
- EIN
- 82-0109321
Organization Overview
Coeur Dalene Chamber Of Commerce is located in Coeur Dalene, ID. The organization was established in 1945. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Coeur Dalene Chamber Of Commerce employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coeur Dalene 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, Coeur Dalene Chamber Of Commerce generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $923.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. 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
TO PROMOTE, SUPPORT AND ADVOCATE FOR THE CHAMBER'S MEMBERS, STRENGTHEN THE ECONOMIC CLIMATE OF THE COEUR D'ALENE AREA, AND FURTHER THE FREE ENTERPRISE SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF TOURISM IN COEUR D'ALENE INCLUDING MARKETING OF THE AREA, THE RUNNING OF A VISITOR CENTER AND THE BRINGING OF EVENTS SUCH AS THE IRONMAN RACE TO THE AREA THAT CONTRIBUTES GREATLY TO THE LOCAL ECONOMY.
PROGRAMS, MEETINGS AND ADVOCACY WORK FOR THE 1,300 MEMBERS OF THE ORGANIZATION AND THEIR BUSINESSES. PROGRAMS INCLUDE UPBEAT BREAKFASTS, COFFEE AND CONTACTS NETWORKING EVENTS, BUSINESS DEVELOPMENT SEMINARS, LEADERSHIP EDUCATION, NEWSLETTERS, BUSINESS FAIR AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Coppess President & CEO | Officer | 40 | $116,197 |
Derrell Hartwick President & CEO | Officer | 40 | $74,175 |
Mark Robitaille Board Member | Trustee | 1 | $68,325 |
Doug Elliott Vice Chair | OfficerTrustee | 1 | $0 |
Heidi Rogers Past Chair | OfficerTrustee | 1 | $0 |
Clint Schroeder Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $350,310 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $196,092 |
| 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 | $546,402 |
| Total Program Service Revenue | $288,108 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $100,958 |
| Net Gain/Loss on Asset Sales | $900 |
| Net Income from Fundraising Events | $59,944 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,035,112 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,752 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $258,697 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,489 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,147 |
| Payroll taxes | $28,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,246 |
| Advertising and promotion | $15,348 |
| Office expenses | $10,605 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,027 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,478 |
| Interest | $39,884 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,780 |
| Insurance | $23,465 |
| All other expenses | $71,589 |
| Total functional expenses | $923,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $582,668 |
| Savings and temporary cash investments | $13,185 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $70,076 |
| 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 | $2,344,380 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,010,309 |
| Accounts payable and accrued expenses | $12,644 |
| 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 | $1,154,023 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | -$8,406 |
| Total liabilities | $1,158,261 |
| Net assets without donor restrictions | $1,827,048 |
| Net assets with donor restrictions | $25,000 |
| 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 | $3,010,309 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Better Business Bureau Northwest & The Pacific Meridian, ID | $12,663,037 | $21,981,546 |
Seattle-King County Convention And Visitors Bureau Seattle, WA | $9,612,015 | $12,509,131 |
Park City Area Chamber Of Commerce Convention & Visitors Buerau Park City, UT | $9,039,229 | $12,386,201 |
Western United States Agricultural Trade Association Vancouver, WA | $8,949,340 | $8,386,044 |
Greater Las Vegas Chamber Of Commerce Inc Las Vegas, NV | $11,964,032 | $6,654,752 |
Washington Association Of Realtors Olympia, WA | $17,163,792 | $6,357,823 |
Greater Boise Chamber Of Commerce Boise, ID | $3,444,262 | $5,301,196 |
Travel Salem Salem, OR | $3,237,636 | $5,433,877 |
Salt Lake Area Chamber Of Commerce Salt Lake City, UT | $6,300,814 | $5,364,414 |
Pacific Lumber Inspection Bureau Federal Way, WA | $3,862,387 | $4,417,361 |
Yellowstone Country Montana Inc Bozeman, MT | $39,571 | $2,349,063 |
Economic Development Authority Of Western Nevada Reno, NV | $1,155,384 | $2,792,474 |