Greater Belen Chamber Of Commerce
- Assets
- $79.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belen, NM
- Founding
- 01/1975
- Data as of
- 12/2021
- EIN
- 85-0096567
Organization Overview
Greater Belen Chamber Of Commerce is located in Belen, NM. The organization was established in 1975. 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. Greater Belen 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 12/2021, Greater Belen Chamber Of Commerce generated $88.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $63.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhona Baca Espinoza Executive Di | 40 | $15,631 | |
Pete Armstrong Board Member | 1 | $0 | |
Carl Gallegos Board Member | 1 | $0 | |
John Ivey President | 1 | $0 | |
Tina Varela Vice-Preside | 1 | $0 | |
David Carter Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,464 |
| Total Program Service Revenue | $8,750 |
| Membership dues | $24,735 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,943 |
| Other Revenue | $0 |
| Total Revenue | $88,011 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,762 |
| Professional fees and other payments to independent contractors | $785 |
| Occupancy, rent, utilities, and maintenance | $4,372 |
| Printing, publications, postage, and shipping | $1,537 |
| Other expenses | $21,190 |
| Total expenses | $63,646 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,456 |
| Other assets | $0 |
| Total assets | $79,709 |
| Total liabilities | $1,700 |
| Net assets or fund balances | $78,009 |
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