Marana Chamber Of Commerce Inc
- Assets
- $174.5k
- Revenue
- $374.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Marana, AZ
- Founding
- 02/1992
- Data as of
- 06/2022
- EIN
- 86-0679569
Organization Overview
Marana Chamber Of Commerce Inc is located in Marana, AZ. The organization was established in 1992. 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, Marana Chamber Of Commerce Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marana 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 06/2022, Marana Chamber Of Commerce Inc generated $374.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $328.5k during the year ending 06/2022. 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
COMMUNITY DEVELOPMENT SERVICES OF AN AREA CHAMBER OF COMMERCE INCLUDING PROPOSALS FOR BUSINESSES INTERESTED IN LOCATING IN THE GREATER MARANA-AVRA VALLEY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE & DEVELOP THE BUSINESS COMMUNITY IN AND AROUND MARANA & AVRA VALLEY, ARIZONA & PROMOTE THE TOWN TO FUTURE & CURRENT RESIDENTS.
TO PROMOTE & DEVELOP THE BUSINESS COMMUNITY IN AND AROUND MARANA & AVRA VALLEY, ARIZONA & PROMOTE THE TOWN TO FUTURE & CURRENT RESIDENTES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Wiggins President & | Officer | 40 | $63,508 |
Betty Covey Tresure | OfficerTrustee | 1 | $0 |
Monica Fowler Chair-Owner | OfficerTrustee | 1 | $0 |
Jeff Saunders Secretary | OfficerTrustee | 1 | $0 |
Leigh Branston Director | Trustee | 1 | $0 |
Brenda Bowers Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $45,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,500 |
| Total Program Service Revenue | $264,188 |
| Investment income | $40 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $60,558 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $374,537 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,213 |
| Grants and other assistance to domestic individuals. | $7,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $172,174 |
| Pension plan accruals and contributions | $975 |
| Other employee benefits | $0 |
| Payroll taxes | $13,654 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,014 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,882 |
| Advertising and promotion | $28,739 |
| Office expenses | $18,122 |
| Information technology | $11,944 |
| Royalties | $0 |
| Occupancy | $19,797 |
| Travel | $10 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,678 |
| Interest | $1,575 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,601 |
| Insurance | $5,603 |
| All other expenses | $0 |
| Total functional expenses | $328,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,540 |
| Savings and temporary cash investments | $5,348 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,542 |
| Net Land, buildings, and equipment | $90 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $174,520 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $700 |
| 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 | $0 |
| Other liabilities | $72 |
| Total liabilities | $772 |
| Net assets without donor restrictions | $172,925 |
| Net assets with donor restrictions | $823 |
| 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 | $174,520 |
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