Rio Rancho Chamber Of Commerce Inc

Organization Overview

Rio Rancho Chamber Of Commerce Inc is located in Rio Rancho, NM. The organization was established in 1981. 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. Rio Rancho 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 12/2021, Rio Rancho Chamber Of Commerce Inc generated $499.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $400.1k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

A REGIONAL CHAMBER COMMITTED TO IMPROVING THE QUALITY OF COMMUNITY LIFE DRIVEN BY BUSINESS LEADERSHIP MENTORSHIP ADVOCACY AND PROSPERITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT BUSINESS SURVIVAL AND MISSION


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Board, Officers & Key Employees

Name (title)Compensation
Gerald Schalow
President
$0
Melissa Romine
Chairperson
$0
Kelly Wainwright
Treasurer
$0
Gordon Moore
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$214,475
Fundraising events$74,454
Related organizations$5,368
Government grants $65,438
All other contributions, gifts, grants, and similar amounts not included above$119,943
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$479,678
Total Program Service Revenue$0
Investment income $55
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $19,939
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $499,672

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Rio Rancho Chamber Of Commerce Inc has recieved totaling $5,400.

Awarding OrganizationAmount
Presbyterian Healthcare Services

Albuquerque, NM

PURPOSE: GENERAL SUPPORT

$5,400
View Grant Recipient Profile

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