Murray Area Chamber Of Commerce
- Assets
- $17.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Murray, UT
- Founding
- 06/1980
- Data as of
- 12/2021
- EIN
- 87-0235964
Organization Overview
Murray Area Chamber Of Commerce is located in Murray, UT. The organization was established in 1980. 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. Murray Area 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, Murray Area Chamber Of Commerce generated $72.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $95.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CHAMBER OF COMMERCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Gibbons President | 40 | $0 | |
Leonard Leslie Board Members | 5 | $0 | |
Dale Cox Board Members | 5 | $0 | |
Marie Goettsche Board Members | 5 | $0 | |
George Wilkinson Board Members | 5 | $0 | |
Carol Almond Board Members | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,150 |
| Total Program Service Revenue | $22,812 |
| Membership dues | $34,310 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,284 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,132 |
| Professional fees and other payments to independent contractors | $37,391 |
| Occupancy, rent, utilities, and maintenance | $7,200 |
| Printing, publications, postage, and shipping | $145 |
| Other expenses | $40,885 |
| Total expenses | $95,753 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,714 |
| Other assets | $0 |
| Total assets | $17,714 |
| Total liabilities | $26,616 |
| Net assets or fund balances | -$8,902 |
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|---|---|---|
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