Wallace Chamber Of Commerce
- Assets
- $37.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wallace, ID
- Founding
- 06/2011
- Data as of
- 12/2022
- EIN
- 82-6027101
Organization Overview
Wallace Chamber Of Commerce is located in Wallace, ID. The organization was established in 2011. 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. Wallace 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 12/2022, Wallace Chamber Of Commerce generated $54.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $56.8k during the year ending 12/2022. While expenses have increased by 6.0% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SEVERAL EVENTS HELD DURING THE YEAR SUPPORTING THE MERCHANTS AND RETAIL TRADE OF WALLACE, IDAHO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamra Clair Treasurer | 2 | $0 | |
Kimberley Keyton Secretary | 1 | $0 | |
Valerie Finlay President | 1 | $0 | |
Rae'lynn Howell Director | 1 | $0 | |
Krissy Cameron Director | 1 | $0 | |
Kenzie Jensen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,791 |
| Total Program Service Revenue | $0 |
| Membership dues | $23,809 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,064 |
| Other Revenue | $0 |
| Total Revenue | $54,664 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,350 |
| Professional fees and other payments to independent contractors | $2,915 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $417 |
| Other expenses | $24,161 |
| Total expenses | $56,843 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,888 |
| Other assets | $0 |
| Total assets | $37,888 |
| Total liabilities | $10,257 |
| Net assets or fund balances | $27,631 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wallace Chamber Of Commerce has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Frank A Morbeck Community Foundation Inc Wallace, ID PURPOSE: FESTIVAL EXPENSES | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Institute Of Inspection Cleaning & Restoration Certification Iicrc Las Vegas, NV | $11,140,203 | $7,426,713 |
American Simmental Association Bozeman, MT | $18,730,338 | $6,575,498 |