Hailey Chamber Of Commerce
- Assets
- $167.1k
- Revenue
- $336.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Hailey, ID
- Founding
- 03/1995
- Data as of
- 09/2022
- EIN
- 82-0420093
Organization Overview
Hailey Chamber Of Commerce is located in Hailey, ID. The organization was established in 1995. 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 09/2022, Hailey Chamber Of Commerce employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hailey 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 09/2022, Hailey Chamber Of Commerce generated $336.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $285.7k during the year ending 09/2022. While expenses have increased by 7.4% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE HAILEY CHAMBER OF COMMERCE EXISTS TO ADVANCE THE CIVIC AND COMMERCIAL INTERESTS OF ITS MEMBERS AND THE WOOD RIVER VALLEY AREA IN GENERAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HAILEY CHAMBER OF COMMERCE SERVED ITS OVER 300 MEMBERS AND THE COMMUNITY AS A WHOLE BY PROMOTING ECONOMIC DEVELOPMENT ACTIVITIES SUCH AS RELOCATION SERVICES, TOURISM, AND NEW BUSINESS INFORMATION AND BY SUPPORTING LOCAL EVENTS DESIGNED TO BENEFIT THE LOCAL ECONOMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Mckenna Executive Di | Officer | 40 | $60,902 |
Jenni Riley Vice Preside | OfficerTrustee | 1 | $0 |
Marlon Peck President | OfficerTrustee | 3 | $0 |
Jane Dyndiuk Secretary | OfficerTrustee | 3 | $0 |
Amber Royal-Perkes Treasurer | OfficerTrustee | 3 | $0 |
Sarah Benson Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $247,967 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $264,517 |
| Total Program Service Revenue | $71,634 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $336,151 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,262 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,636 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $80,225 |
| Office expenses | $7,508 |
| Information technology | $10,737 |
| Royalties | $0 |
| Occupancy | $2,967 |
| Travel | $689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,112 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,000 |
| All other expenses | $7,848 |
| Total functional expenses | $285,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,907 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,999 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,216 |
| Total assets | $167,122 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $86,900 |
| Total liabilities | $86,900 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $80,222 |
| Total liabilities and net assets/fund balances | $167,122 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hailey Chamber Of Commerce has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Spur Community Foundation Inc Ketchum, ID PURPOSE: GROCERY GIFT CARD | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |
Association Of Washington Business Olympia, WA | $45,170,529 | $11,595,511 |
Master Builders Association Of King And Snohomish Counties Bellevue, WA | $50,140,289 | $12,586,024 |
Greater Seattle Chamber Of Commerce Seattle, WA | $24,652,320 | $11,051,510 |
Wafla Lacey, WA | $11,233,432 | $9,712,213 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
Cloud Security Alliance Seattle, WA | $2,184,209 | $7,501,153 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Archbright Seattle, WA | $17,744,548 | $6,553,314 |
Lake Tahoe Visitors Authority Inc Stateline, NV | $11,099,919 | $7,709,043 |
Associated General Contractors Of Washington Seattle, WA | $55,149,734 | $7,565,354 |
Las Vegas Events Inc Las Vegas, NV | $8,586,651 | $5,544,926 |