Idaho Falls Chamber Of Commerce

Organization Overview

Idaho Falls Chamber Of Commerce is located in Idaho Falls, ID. The organization was established in 1942. 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 09/2023, Idaho Falls Chamber Of Commerce employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Falls 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 09/2023, Idaho Falls Chamber Of Commerce generated $530.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $598.9k during the year ending 09/2023. While expenses have increased by 5.5% per year over the past 8 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

PROMOTE & STRENGTHEN EXISTING MEMBER BUSINESS RELATIONSHIPS & ATTRACT BUSINESS INTO THE LOCAL ECONOMY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CHAMBER ORGANIZES AND SPONSORS NUMEROUS PROGRAMS THROUGHOUT THE YEAR TO ATTRACT NEW BUSINESS, ENCOURAGE LOCAL RESIDENTS TO SUPPORT THE LOCAL AREA ECONOMY, AND FOCUS ON THOSE ACTIVITIES WITH THE MEMBERS IN MIND. CURRENT INFORMATIONAL PUBLICATIONS, BROCHURES AND MAPS ARE PRODUCED BY CHAMBER PERSONNEL TO ASSIST NEW AREA RESIDENTS AND TOURISTS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Couch
Chair/president
$0
Tony Lima
Secretary/nominating Chair
$0
Staci Matheson
Treasurer/chair-Elect
$0
Steve Hunter
Vice Chair Of Membership
$0
William Athay
Vice Chair Of Advocacy
$0
Ryan Joos
Vice Chair Of Communication
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$415,301
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $210
Net Income from Fundraising Events $83,873
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $24,927
Miscellaneous Revenue$0
Total Revenue $530,091

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