Forks Chamber Of Commerce
- Assets
- $311.2k
- Revenue
- $697.6k
- Investments
- $0.0
- Employees
- 11
- Location
- Forks, WA
- Founding
- 11/1942
- Data as of
- 12/2022
- 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 12/2022, Forks Chamber Of Commerce employed 11 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 12/2022, Forks Chamber Of Commerce generated $697.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $665.6k during the year ending 12/2022. While expenses have increased by 11.2% 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
2022
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 IN CLALLAM COUNTY AND KALALOCH IN JEFFERSON COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE VISITOR INFORMATION CENTER AT FORKS WA
COMMUNITY DEVELOPMENT
KALALOCH VISITOR CENTER JEFFERSON COUNTY & PROMOTE WEST JEFFERSON COUNTY
USE TWILIGHT PROMOTION TO INCREASE TOURISM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christi Baron Past Preside | Trustee | 1 | $0 |
Melene Bourm Secretary | OfficerTrustee | 2 | $0 |
Tim Fletcher Director | Trustee | 1 | $0 |
Bruce Hanify Director | Trustee | 1 | $0 |
Linda Keen Treasurer | OfficerTrustee | 3 | $0 |
Sharon Millett President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,850 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $308,337 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,854 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $374,041 |
| Total Program Service Revenue | $233,597 |
| Investment income | $170 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$805 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $73,297 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $697,550 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $59,970 |
| 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 | $152,267 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,973 |
| Payroll taxes | $13,477 |
| Fees for services: Management | $8,793 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,518 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $405 |
| Advertising and promotion | $74,103 |
| Office expenses | $13,130 |
| Information technology | $2,486 |
| Royalties | $0 |
| Occupancy | $24,307 |
| Travel | $3,345 |
| 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 | $4,659 |
| Insurance | $5,456 |
| All other expenses | $3,414 |
| Total functional expenses | $665,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,776 |
| Savings and temporary cash investments | $113,916 |
| 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 | $11,208 |
| Prepaid expenses and deferred charges | $6,182 |
| Net Land, buildings, and equipment | $72,760 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,392 |
| Other assets | $0 |
| Total assets | $311,234 |
| Accounts payable and accrued expenses | $1,270 |
| Grants payable | $0 |
| Deferred revenue | $31,753 |
| 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 | $33,023 |
| Net assets without donor restrictions | $278,211 |
| 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 | $311,234 |
Grants Awarded
Over the last fiscal year, Forks Chamber Of Commerce has awarded $59,970 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OLYMPIC NATIONAL PARK PURPOSE: KALALICH VISITOR CTR | $21,815 |
CITY OF FORKS | | | $38,155 |