Murray Area Chamber Of Commerce is located in Salt Lake City, 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 12/2022, Murray Area Chamber Of Commerce generated $94.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $99.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
CHAMBER OF COMMERCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matt Gibbons President | 40 | $52,400 | |
Leonard Leslie Board Member | 5 | $0 | |
George Wilkinson Board Member | 5 | $0 | |
Sheri Van Bibber Board Member | 5 | $0 | |
Jenn Kikel-Lynn Board Member | 5 | $0 | |
Stacey Pasalich Board Member | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,200 |
Total Program Service Revenue | $44,180 |
Membership dues | $30,195 |
Investment income | $8 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $94,583 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $7,200 |
Printing, publications, postage, and shipping | $112 |
Other expenses | $92,118 |
Total expenses | $99,430 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,164 |
Other assets | $0 |
Total assets | $13,758 |
Total liabilities | $26,492 |
Net assets or fund balances | -$12,734 |