Fernley Chamber Of Commerce
- Assets
- $93.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fernley, NV
- Founding
- 01/1982
- Data as of
- 12/2021
- EIN
- 88-0173860
Organization Overview
Fernley Chamber Of Commerce is located in Fernley, NV. The organization was established in 1982. 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. Fernley 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, Fernley Chamber Of Commerce generated $81.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $127.2k during the year ending 12/2021. While expenses have increased by 18.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTE AND IMPROVE THE ECONOMIC WELFARE OF FERNLEYAND LYON COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lowell Patton President | 15 | $0 | |
Angelz Lewis Director | 5 | $0 | |
Ellen Tudor Secretary | 5 | $0 | |
Lisa Bertok Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $29,509 |
| Membership dues | $31,445 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,954 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,747 |
| Professional fees and other payments to independent contractors | $730 |
| Occupancy, rent, utilities, and maintenance | $6,230 |
| Printing, publications, postage, and shipping | $340 |
| Other expenses | $86,199 |
| Total expenses | $127,246 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,881 |
| Other assets | $0 |
| Total assets | $93,881 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,881 |
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