Forks Chamber Of Commerce
- Assets
- $287.6k
- Revenue
- $562.2k
- Investments
- $0.0
- Employees
- 14
- Location
- Forks, WA
- Founding
- 11/1942
- Data as of
- 12/2021
- EIN
- 91-0779896
Organization Overview
Forks Chamber Of Commerce is located in Forks, WA. The organization was established in 1942. 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 12/2021, Forks Chamber Of Commerce employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forks 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, Forks Chamber Of Commerce generated $562.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $483.0k during the year ending 12/2021. While expenses have increased by 10.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE BUSINESS AND TOURISM ON THE WESTERN OLYMPIC PENINSULA INCLUDING SUPPORT OF VISITOR INFORMATION CENTERS AT FORKS AND KALALOCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE VISITOR INFORMATION CENTER AT FORKS WA
KALALOCH VISITOR CENTER JEFFERSON COUNTY & PROMOTE WEST JEFFERSON COUNTY
USE TWILIGHT PROMOTION TO INCREASE TOURISM
COMMUNITY DEVELOPMENT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christi Baron President | Officer | 3 | $0 |
Donald Grafstrom Past Preside | Officer | 1 | $0 |
Sharon Millett Secretary | Officer | 2 | $0 |
Diana Reaume Vice Preside | Officer | 2 | $0 |
Bruce Paul Treasurer | Officer | 3 | $0 |
Melene Bourm Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $20,930 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $245,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,470 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $321,150 |
| Total Program Service Revenue | $150,742 |
| Investment income | $173 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $73,231 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $562,171 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,794 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $140,706 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,610 |
| Payroll taxes | $12,511 |
| Fees for services: Management | $6,176 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,362 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $56,732 |
| Office expenses | $2,333 |
| Information technology | $2,520 |
| Royalties | $0 |
| Occupancy | $10,812 |
| Travel | $1,445 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,784 |
| Insurance | $5,970 |
| All other expenses | $10,194 |
| Total functional expenses | $482,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,302 |
| Savings and temporary cash investments | $113,746 |
| 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 | $12,525 |
| Prepaid expenses and deferred charges | $1,000 |
| Net Land, buildings, and equipment | $67,363 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,492 |
| Other assets | $8,160 |
| Total assets | $287,588 |
| Accounts payable and accrued expenses | $353 |
| Grants payable | $0 |
| Deferred revenue | $40,964 |
| 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 | $0 |
| Total liabilities | $41,317 |
| Net assets without donor restrictions | $246,271 |
| Net assets with donor restrictions | $0 |
| 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 | $287,588 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |
Association Of Washington Business Olympia, WA | $45,170,529 | $11,595,511 |
Master Builders Association Of King And Snohomish Counties Bellevue, WA | $50,140,289 | $12,586,024 |
Greater Seattle Chamber Of Commerce Seattle, WA | $24,652,320 | $11,051,510 |
Wafla Lacey, WA | $11,233,432 | $9,712,213 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
Cloud Security Alliance Seattle, WA | $2,184,209 | $7,501,153 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Archbright Seattle, WA | $17,744,548 | $6,553,314 |
Associated General Contractors Of Washington Seattle, WA | $55,149,734 | $7,565,354 |
Fido Alliance Inc Beaverton, OR | $3,413,033 | $5,016,391 |
Usb Implementers Forum Inc Beaverton, OR | $6,239,445 | $5,610,966 |