Newcastle Area Chamber Of Commerce
- Assets
- $126.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Newcastle, WY
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 83-0166582
Organization Overview
Newcastle Area Chamber Of Commerce is located in Newcastle, WY. The organization was established in 2002. 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. Newcastle Area 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 12/2021, Newcastle Area Chamber Of Commerce generated $56.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $47.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.3%) per year over the past 4 years. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE CITY OF NEWCASTLE TO VISITORS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garrett Borton Vice President | 2 | $0 | |
Sandra D Martin President | 2 | $0 | |
Whitney Hollingsworth Member | 2 | $0 | |
Megan Sams Member | 2 | $0 | |
James Curren Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,786 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,998 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,001 |
| Other Revenue | $0 |
| Total Revenue | $56,821 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $325 |
| Salaries, other compensation, and employee benefits | $32,833 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,242 |
| Printing, publications, postage, and shipping | $845 |
| Other expenses | $11,512 |
| Total expenses | $47,757 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,493 |
| Other assets | $0 |
| Total assets | $126,935 |
| Total liabilities | $11,256 |
| Net assets or fund balances | $115,679 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nutech Ventures Lincoln, NE | $5,844,401 | $7,636,320 |
Financial Planning Association Denver, CO | $6,740,399 | $8,225,248 |
Greater Sioux Falls Chamber Of Commerce Sioux Falls, SD | $10,050,793 | $7,933,347 |
The Greater Colorado Springs Chamber And Edc Colorado Springs, CO | $2,246,029 | $6,426,509 |
American Simmental Association Bozeman, MT | $18,730,338 | $6,575,498 |
Wyoming Chambers Health Benefit Association Gillette, WY | $3,153,493 | $5,111,173 |
New Better Business Bureau Inc Omaha, NE | $8,883,722 | $5,104,852 |
Salt Lake Board Of Realtors Sandy, UT | $21,819,428 | $6,834,992 |
Association Of Surgical Technologists Inc Littleton, CO | $22,013,742 | $6,271,180 |
Peopleforbikes Coalition Ltd Boulder, CO | $3,964,723 | $5,505,863 |
Society Of Family Planning Denver, CO | $11,294,409 | $4,678,859 |
Breckenridge Tourism Office Inc Breckenridge, CO | $1,322,141 | $4,564,616 |