Priest Lake Chamber Of Commerce is located in Coolin, ID. The organization was established in 1996. 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. Priest Lake 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 09/2024, Priest Lake Chamber Of Commerce generated $70.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $84.8k during the year ending 09/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
CURRENTLY SERVING 150 MEMBERS BY PROVIDING LISTINGS AND LINKS ON THECHAMBER WEBSITE TO PROMOTE THEIR BUSINESSES. WE PRODUCE A FULL COLORPRIEST LAKE VISITORS GUIDE, PRINTING AND DISTRIBUTING APPROXIMATELY 25,000COPIES THROUGHOUT THE NORTHWEST. WE PRINT A MONTHLY CALENDAR OF EVENTS ANDA WEEKLY FLYER OF EVENTS AND ACTIVITIES DURING THE SUMMER MONTHS. WEPROVIDE TELEVISION ADVERTISEMENT AS WELL AS ADVERTISING IN VARIOUS LOCALAND NATIONAL MAGAZINES.WE ASSIST WITH PROMOTING THE SPRING FESTIVAL HELD IN COOLIN ONMEMORIAL DAY WEEKEND, THE SNOWSHOE SOFTBALL TOURNAMENT AND THE VINTAGESNOWMOBILE RACES HELD IN JAN-FEB, THE PRIEST LAKE MARATHON ANDTRIATHLON, AS WELL AS ANY OTHER ACTIVITIES THAT WILL HELP BUSINESSES GROWTHEIR EXPOSURE AND SUCCESS.WE WILL CONTINUE TO FOCUS ON INCREASING BOTH OUR BUSINESS AND ASSOCIATEMEMBERSHIP AS IT GIVES NON-PROFITS AND INDIVIDUALS A CHANCE TO SUPPORT THECHAMBER'S EFFORTS. OUR WEBSITE PROVIDES A PLACE FOR OUR LOCAL BUSINESSESTO ADVERTISE ON THE WEB AND WE SUPPORT SEVERAL WEBSITES WHICH HAVE LINKS TOOUR WEBSITE. WE WORK CLOSELY WITH OTHER ORGANIZATIONS TO SPONSOR AVERY SUCCESSFUL SPRING FESTIVAL WEEKEND INCLUDING THE PEOPLE HELPINGPEOPLE AUCTION. WE PROVIDE A WEEKLY "THIS WEEK AT THE LAKE" FLYER FORACTIVITIES AND EVENTS ALL SUMMER WHICH HELPS OUR VISITORS DISCOVER NEW WAYSTO ENJOY OUR AREA.ON BEHALF OF THE PRIEST LAKE AREA, WE FUND AND SUPPLY THE MEANS FOR THELAKE TO BE REPRESENTED AT SEVERAL TRADE SHOWS, INCLUDING SNOWMOBILE SHOWSAND BOAT SHOWS. WE PROVIDE A FORUM FOR THE LOCAL COMMUNITY TO BECOMEINFORMED ON ISSUES SUCH AS THE CRITICAL HABITAT OF THE CARIBOU BY HOLDINGMEETINGS WITH SPEAKERS WHO PRESENT THE ISSUES AND ANSWER QUESTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Mumm Director | 2 | $0 | |
Peggy Smith Director | 2 | $0 | |
Jenny Seaman President | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $27,907 |
Total Program Service Revenue | $23,510 |
Membership dues | $19,360 |
Investment income | $42 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $70,819 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $18,200 |
Professional fees and other payments to independent contractors | $1,308 |
Occupancy, rent, utilities, and maintenance | $1,800 |
Printing, publications, postage, and shipping | $25,654 |
Other expenses | $37,847 |
Total expenses | $84,809 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,385 |
Other assets | $0 |
Total assets | $11,385 |
Total liabilities | $0 |
Net assets or fund balances | $11,385 |