Roosevelt Co Chamber Of Commerce

Organization Overview

Roosevelt Co Chamber Of Commerce is located in Portales, NM. The organization was established in 1988. 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 06/2022, Roosevelt Co Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roosevelt Co 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 06/2022, Roosevelt Co Chamber Of Commerce generated $229.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $202.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

BUSINESS DEVELOPMENT THROUGH ACTIVITIES AND INVOLVEMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

LODGERS TAX STATE LEGISLATURE AUTHORIZED FUNDING THROUGH THE CITY OF


COMMUNITY PROFILE A PROGRAM TO REVITALIZE THE COMMUNITY AND IMPROVE


PORTALES COMMUNITY DEVELOPMENT


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Board, Officers & Key Employees

Name (title)Compensation
Karl Terry
Executive Dire
$47,005
Felicia Powell
President
$0
Kathy Mead
Secretary Trea
$0
Ashley Silva
VP Membership
$0
Casey Peacock
VP Civic Affai
$0
Chase Gossett
VP Membership
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$79,916
Fundraising events$59,219
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$139,135
Total Program Service Revenue$86,581
Investment income $4,137
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $229,853

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