Fort Morgan Chamber Of Commerce Inc is located in Fort Morgan, CO. The organization was established in 1976. 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 Morgan Chamber Of Commerce Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Morgan Chamber Of Commerce Inc 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 Morgan Chamber Of Commerce Inc generated $99.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 63.1% each year . All expenses for the organization totaled $69.3k during the year ending 12/2022. While expenses have increased by 21.8% per year over the past 2 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 Mission:
Part 3 - Line 1
VOLUNTARY PARTNERSHIP OF THE ENTIRE COMMUNITY TO BUILD A HEALTHY ECONOMY AND ENHANCE THE QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3
THE ANNUAL HOME & GARDEN EXPO IS A PARTNERSHIP OF THE ORGANIZATION AND THE COMMUNITY AND SERVES TO ENHANCE THE QUALITY OF LIFE OF RESIDENTS.
THE ORGANIZATION HELD LUNCHEONS FOR NEW TEACHERS, A COMMUNITY BREAKFAST, PARTICIPATES IN MUSIC FESTIVAL, AND VARIOUS OTHER ACTIVITIES TO ACHIEVE THE PURPOSES OF ENHANCING THE QUALITY OF LIFE AND BUILDING A HEALTHY ECONOMY.
THE BOBSTOCK EVENTS ARE HELD TO BRING REVENUE TO THE LOCAL BUSINESS COMMUNITY.
THE HOWDY DAYS/COMMUNITY BREAKFAST EVENT SERVES TO STRENGTHEN THE RELATIONSHIP BETWEEN THE COMMUNITY AND THE BUSINESSES THAT ARE A LARGE PORTION OF THE LOCAL ECONOMY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Halligan President | 1 | $0 | |
Gloria Mosqueda Vice Preside | 1 | $0 | |
Kelly Murkins Secretary | 1 | $0 | |
Shelly Bristol Treasurer | 1 | $0 | |
Sandi Garcia Trustee | 1 | $0 | |
Breanna Wommack Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $42,100 |
Total Program Service Revenue | $51,327 |
Membership dues | $0 |
Investment income | $20 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6,038 |
Total Revenue | $99,485 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $43,746 |
Professional fees and other payments to independent contractors | $1,223 |
Occupancy, rent, utilities, and maintenance | $1,200 |
Printing, publications, postage, and shipping | $161 |
Other expenses | $22,932 |
Total expenses | $69,262 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $76,905 |
Other assets | $0 |
Total assets | $76,905 |
Total liabilities | $3,078 |
Net assets or fund balances | $73,827 |