Lamar Chamber Of Commerce
- Assets
- $84.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lamar, CO
- Founding
- 02/1945
- Data as of
- 12/2022
- EIN
- 84-0247515
Organization Overview
Lamar Chamber Of Commerce is located in Lamar, CO. The organization was established in 1945. 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. Lamar 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, Lamar Chamber Of Commerce generated $50.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $46.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE COMMERCIAL, INDUSTRIAL, AGRICULTURAL, CIVIC AND GENERAL INTERESTS FOR THE CITY OF LAMAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Zapata Director | 1 | $0 | |
Abbie Campbell Director | 1 | $0 | |
Tallie Harmon Director | 1 | $0 | |
Lisa Schwarte Treas | 3 | $0 | |
Shawnarae Falconburg Director | 1 | $0 | |
Monse Gallegos Secr | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,465 |
| Investment income | $513 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,905 |
| Other Revenue | $2,264 |
| Total Revenue | $50,147 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,875 |
| Professional fees and other payments to independent contractors | $940 |
| Occupancy, rent, utilities, and maintenance | $4,836 |
| Printing, publications, postage, and shipping | $551 |
| Other expenses | $19,040 |
| Total expenses | $46,242 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,448 |
| Other assets | $0 |
| Total assets | $84,448 |
| Total liabilities | $5,100 |
| Net assets or fund balances | $79,348 |