Fort Collins Chamber Of Commerce is located in Fort Collins, CO. The organization was established in 1942. 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 12/2022, Fort Collins Chamber Of Commerce employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Collins 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, Fort Collins Chamber Of Commerce generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. While expenses have increased by 8.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CHAMBER CHAMPIONS OUR COMMUNITY AND REGION'S QUALITY OF LIFE AND ECONOMIC VITALITY THROUGH STRONG BUSINESS ADVOCACY AND COLLABORATIVE LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS INITIATIVES - FIX NORTH I-25 BUSINESS ALLIANCE: THE ALLIANCE REPRESENTS THE BUSINESS PERSPECTIVE ON ISSUES IMPACTING THE MOBILITY OF THE NORTH I-25 CORRIDOR BETWEEN HIGHWAY 14 AND HIGHWAY 66. THE ALLIANCE IS AN ADVOCACY GROUP THAT: WORKS WITH GOVERNMENT AT ALL LEVELS TO SECURE FUNDING FOR EXPANDING NORTH I-25 TO THREE LANES, COMMUNICATES THE ECONOMIC IMPORTANCE OF A FUNCTIONAL I-25 CORRIDOR, AND EMPOWERS BUSINESSES AND THE PUBLIC TO GET INVOLVED.TALENT AND RECRUITMENT: PROGRAM TO IMPLEMENT STRATEGIES TO INSURE A COMPETITIVE ADVANTAGE FOR AREA EMPLOYERS THROUGH QUALITY WORKERS AND FOR AREA WORKERS THROUGH QUALITY JOBS.UNDER-EMPLOYMENT AND TALENT SHORTAGES ARE A GROWING REGIONAL PROBLEM, WHICH IS EXPECTED TO ACCELERATE AS OLDER WORKERS AGE OUT OF THE WORKFORCE.BUSINESS ENVIRONMENT: THE FORT COLLINS AREA CHAMBER WILL SERVE AS THE VOICE OF BUSINESS TO AGGRESSIVELY ADVOCATE THE PERSPECTIVE OF BUSINESS AND ENSURE PUBLIC OFFICIALS AND RESIDENTS UNDERSTAND THE STRONG CONNECTION BETWEEN BUSINESS VITALITY, JOBS AND HAVING A THE MEANS TO AFFORD PUBLIC SERVICES THAT GREATLY ENHANCE THE QUALITY OF COMMUNITY LIFE, SUCH AS GOOD SCHOOLS, PARKS AND BIKE PATHS. RETAINING KEY EMPLOYERS: THE FORT COLLINS AREA CHAMBER AND KEY PARTNERS WILL DELIBERATELY AND CONSISTENTLY MEET WITH FORT COLLINS-LOVELAND AREA EMPLOYERS TO EXPRESS COMMUNITY SUPPORT FOR THEM AND TO DETERMINE WHAT CAN BE DONE TO HELP THEM.
THE CHAMBER OFFERS MANY PROGRAMS AND SERVICES INCLUDING LEADERSHIP TRAINING,ADVOCACY,BUSINESS SHOWCASES, AND LEADS GROUPS. IT ALSO PRODUCES NEWSLETTERS AND PUBLICATIONS WHICH ARE MAILED TO MEMBERS IN ORDER TO CREATE A CLIMATE IN WHICH BUSINESSES CAN SUCCEED. REVENUES INCLUDE MEMBER DUES THAT ARE NOT SPECIFICALLY ASSOCIATED WITH ANOTHER PROGRAM, BUT WHICH SUPPORT ALL OF THE PROGRAMS.THE CHAMBER SERVES AS THE FISCAL SPONSOR FOR MULTIPLE INDUSTRY SECTOR PARTNERSHIPS BASED IN NORTHERN COLORADO. THESE PARTNERSHIPS REPRESENT COLLABORATIVE EFFORTS AMONG BUSINESS LEADERS TO TACKLE INDUSTRY-SPECIFIC CHALLENGES AND FOSTER GROWTH. AS OF THE YEAR ENDED DECEMBER 31, 2022, THE CHAMBER FULFILLS THE ROLE OF SPONSOR FOR GROUPS OPERATING WITHIN THE HEALTHCARE, CONSTRUCTION, AND HOSPITALITY SECTORS.
ISSUES SUMMITS - HEALTH CARE SUMMIT: THE SUMMIT PROVIDES MEMBERS OF THE BUSINESS COMMUNITY WITH THE OPPORTUNITY TO DISCUSS DEVELOPMENTS IN HEALTH CARE, THE OUTLOOK FOR THE HEALTH CARE INDUSTRY IN THE FORT COLLINS REGION,AND ACTIONS THAT COULD STRENGTHEN THE HEALTH CARE SECTOR.REGIONAL ISSUES SUMMIT: THE REGIONAL ISSUES SUMMIT IS A FORUM THAT BRINGS ATTENTION TO SOME OF THE LARGER ISSUES FACING NORTHERN COLORADO, INCLUDING TRANSPORTATION, EMPLOYMENT TRENDS AND GAPS, AND WATER.
NETWORKING AND EDUCATION EVENTS: THESE EVENTS ARE DESIGNED TO PROVIDE A FORUM AND ENCOURAGE MEMBER INTERACTION AND EDUCATION. THE EVENTS INCLUDE BUSINESS AFTER HOURS, THE ANNUAL GOLF TOURNAMENT, LEADS GROUPS, AND OTHER INFORMATIONAL SESSIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brett Kemp Chair | OfficerTrustee | 2 | $0 |
Carrie Baumgart Treasurer | OfficerTrustee | 2 | $0 |
Ryan Schaefer Chair Elect | OfficerTrustee | 2 | $0 |
Kate Baker Executive Committee | OfficerTrustee | 2 | $0 |
Miles Kailburn Executive Committee | OfficerTrustee | 2 | $0 |
Nicole Staudinger Immediate Past Chair | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $132,615 |
All other contributions, gifts, grants, and similar amounts not included above | $14,030 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $146,645 |
Total Program Service Revenue | $1,212,012 |
Investment income | $7,298 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$6,594 |
Net Income from Fundraising Events | -$83,073 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,276,288 |
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. | $141,861 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $107,855 |
Pension plan accruals and contributions | $37,454 |
Other employee benefits | $71,333 |
Payroll taxes | $49,384 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $24,055 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,775 |
Fees for services: Other | $2,108 |
Advertising and promotion | $29,224 |
Office expenses | $33,034 |
Information technology | $42,028 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $696 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $49,998 |
Insurance | $6,217 |
All other expenses | $281,037 |
Total functional expenses | $2,017,025 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $466,689 |
Savings and temporary cash investments | $466,094 |
Pledges and grants receivable | $2,776,455 |
Accounts receivable, net | $97,908 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $31,983 |
Net Land, buildings, and equipment | $439,867 |
Investments—publicly traded securities | $250,601 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $257,520 |
Total assets | $4,787,117 |
Accounts payable and accrued expenses | $205,807 |
Grants payable | $0 |
Deferred revenue | $473,042 |
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 | $11,302 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $226,749 |
Total liabilities | $916,900 |
Net assets without donor restrictions | $1,033,118 |
Net assets with donor restrictions | $2,837,099 |
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 | $0 |
Total liabilities and net assets/fund balances | $4,787,117 |