Castle Rock Chamber Of Commerce is located in Castle Rock, CO. The organization was established in 1984. 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 02/2022, Castle Rock Chamber Of Commerce employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castle Rock 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 02/2022, Castle Rock Chamber Of Commerce generated $811.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $554.2k during the year ending 02/2022. 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 CASTLE ROCK CHAMBER OF COMMERCE IS DEDICATED TO SUPPORTING, ENCOURAGING, AND PROMOTING MEMBER BUSINESSES IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS PROMOTION OF CASTLE ROCK
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pamela Ridler Past Ceo-Nov | Officer | 40 | $105,005 |
Kevin Mchugh Past Chair | OfficerTrustee | 6 | $0 |
Thuy Aragon Treasurer | OfficerTrustee | 3 | $0 |
Kris Brader Board Chairm | OfficerTrustee | 6 | $0 |
Abby Tardiff Treasurer-El | OfficerTrustee | 3 | $0 |
Stacy Garmon President/ce | Officer | 40 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $206,512 |
Fundraising events | $218,310 |
Related organizations | $0 |
Government grants | $264,287 |
All other contributions, gifts, grants, and similar amounts not included above | $27,788 |
Noncash contributions included in lines 1a–1f | $6,090 |
Total Revenue from Contributions, Gifts, Grants & Similar | $716,897 |
Total Program Service Revenue | $13,568 |
Investment income | $23 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $80,602 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $811,090 |
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. | $125,174 |
Compensation of current officers, directors, key employees. | $19,007 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $164,773 |
Pension plan accruals and contributions | $16,992 |
Other employee benefits | $12,194 |
Payroll taxes | $24,388 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $21,649 |
Advertising and promotion | $20,270 |
Office expenses | $8,622 |
Information technology | $23,924 |
Royalties | $0 |
Occupancy | $47,393 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,547 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,510 |
Insurance | $14,758 |
All other expenses | $4,532 |
Total functional expenses | $554,174 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $59,086 |
Savings and temporary cash investments | $125,355 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $100,614 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $129,017 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $11 |
Net Land, buildings, and equipment | $34,017 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $448,100 |
Accounts payable and accrued expenses | $11,308 |
Grants payable | $0 |
Deferred revenue | $268,078 |
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 | $0 |
Unsecured mortgages and notes payable | $69,500 |
Other liabilities | $15,677 |
Total liabilities | $364,563 |
Net assets without donor restrictions | $83,537 |
Net assets with donor restrictions | $0 |
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 | $448,100 |
Over the last fiscal year, we have identified 1 grants that Castle Rock Chamber Of Commerce has recieved totaling $15,500.
Awarding Organization | Amount |
---|---|
Ent Credit Union Colorado Springs, CO PURPOSE: CHAIRMAN CIRCLE & WINEFEST SPONSORSHIP | $15,500 |
Organization Name | Assets | Revenue |
---|---|---|
The Thunderbirds Phoenix, AZ | $33,696,955 | $84,390,943 |
Dairy Promotion Inc Kansas City, KS | $585,537 | $75,669,129 |
National Cattlemens Beef Association Inc Centennial, CO | $34,892,254 | $54,202,215 |
United States Meat Export Federation Inc Denver, CO | $20,783,822 | $49,870,327 |
Mgma-Acmpe Englewood, CO | $54,755,762 | $36,087,217 |
Mountain States Employers Council Inc Denver, CO | $41,916,661 | $36,504,782 |
Vail Valley Foundation Inc Avon, CO | $22,993,237 | $18,789,291 |
Scrum Alliance Inc Westminster, CO | $46,979,666 | $21,000,085 |
Investment Management Consultants Assn Inc Greenwood Village, CO | $30,192,603 | $13,414,601 |
National Council For Prescription Drug Programs Inc Scottsdale, AZ | $21,339,680 | $12,526,720 |
International Association Of Certified Home Inspectors Boulder, CO | $7,671,295 | $15,005,233 |
International Association For The Study Of Lung Cancer Denver, CO | $23,299,078 | $13,685,313 |