Wallace Chamber Of Commerce
- Assets
- $34.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wallace, ID
- Founding
- 06/2011
- Data as of
- 12/2023
- 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 12/2023, Wallace Chamber Of Commerce generated $62.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $55.2k during the year ending 12/2023. While expenses have increased by 4.0% 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
2023
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 Director | 2 | $0 | |
Kimberley Keyton Secretary | 1 | $0 | |
Valerie Finlay Director | 1 | $0 | |
Rae'lynn Howell Director | 1 | $0 | |
Susan Berry Director | 1 | $0 | |
James Barnhart Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,691 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,411 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,885 |
| Other Revenue | $0 |
| Total Revenue | $61,987 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,707 |
| Professional fees and other payments to independent contractors | $6,665 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $224 |
| Other expenses | $17,650 |
| Total expenses | $55,246 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,769 |
| Other assets | $0 |
| Total assets | $34,161 |
| Total liabilities | $6,886 |
| Net assets or fund balances | $27,275 |