Lopez Island Chamber of Commerce
- Assets
- $130.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lopez Island, WA
- Founding
- Data as of
- 12/2021
- EIN
- 91-1388578
Organization Overview
Lopez Island Chamber of Commerce is located in Lopez Island, WA.
For the year ending 12/2021, Lopez Island Chamber of Commerce generated $84.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $54.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Nason Treasurer | 2 | $440 | |
Rhea Miller Chair | 6 | $0 | |
Sean O'connell Secretary | 2 | $0 | |
Rick Hoffman Member | 2 | $0 | |
Jen Buckallew Vice-Chair | 2 | $0 | |
Jennifer Buckallew Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,289 |
| Total Program Service Revenue | $2,517 |
| Membership dues | $10,135 |
| Investment income | $47 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,085 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,445 |
| Professional fees and other payments to independent contractors | $10,692 |
| Occupancy, rent, utilities, and maintenance | $12,711 |
| Printing, publications, postage, and shipping | $3,172 |
| Other expenses | $2,149 |
| Total expenses | $54,169 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,542 |
| Other assets | $0 |
| Total assets | $130,356 |
| Total liabilities | $302 |
| Net assets or fund balances | $130,054 |
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