Greater Maple Valley Chamber Of Commerce Inc
- Assets
- $170.2k
- Revenue
- $128.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Maple Valley, WA
- Founding
- 03/1990
- Data as of
- 12/2023
- EIN
- 91-1065608
Organization Overview
Greater Maple Valley Chamber Of Commerce Inc is located in Maple Valley, WA. The organization was established in 1990. 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 12/2023, Greater Maple Valley Chamber Of Commerce Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Maple Valley Chamber Of Commerce Inc 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 12/2023, Greater Maple Valley Chamber Of Commerce Inc generated $128.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $133.2k during the year ending 12/2023. While expenses have increased by 0.7% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUPPORT THE BUSINESSES IN THE CITY OF MAPLE VALLEY AND BLACK DIAMOND. TO BUILD COLLABORATION THROUGH EVENTS, NETWORKING, AND OPPORTUNITY TO GIVE BACK TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY EVENT ON THE FIRST DAY OF FISHING SEASON THAT ALLOWS PEOPLE TO CAMP AT THE LAKE OVER NIGHT. GRANT IS FOR 2024.
THE CHAMBER ORGANIZES LUNCHEONS THAT BRING LOCAL BUSINESSES TOGETHER, FACILITATING NETWORKING OPPORTUNITIES THAT CAN LEAD TO PARTNERSHIPS, COLLABORATIONS, AND NEW BUSINESS VENTURES. THESE MEETINGS ALSO GIVE THE OPPORTUNITY TO FIND POTENTIAL CLIENTS, VENDORS, SUPPLIERS, INVESTORS, AND OTHER PROFESSIONALS, HELPING STRENGTHEN THE LOCAL BUSINESS ECOSYSTEM.
THE DIRECTORY PROVIDES THE COMMUNITY, LOCAL BUSINESSES, AND TOURIST AND WAY TO LOCATE SERVICES NEEDED. IT HIGHLIGHTS ALL OF OUR BUSINESSES BY PROFESSION AND ALLOWS AN INTRODUCTION TO THEIR SERVICES AND PROVIDES CONTACT INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janelle Stallings Executive Director | Officer | 40 | $34,471 |
Alyssa Saas Executive Director | Officer | 40 | $10,650 |
Dawn Cruff President | Trustee | 2 | $0 |
Brad Johnson Director | Trustee | 1 | $0 |
Becky Conner-Mcduffy Treasurer | Trustee | 1 | $0 |
Gary Thompson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $66,377 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,127 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,504 |
| Total Program Service Revenue | $40,563 |
| Investment income | $1,104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,346 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $128,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $55,450 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,504 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,542 |
| Office expenses | $8,116 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,547 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $2,091 |
| All other expenses | $2,387 |
| Total functional expenses | $133,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,882 |
| Savings and temporary cash investments | $137,362 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $170,244 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $155,444 |
| Net assets with donor restrictions | $14,800 |
| 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 | $170,244 |