West Richland Chamber Of Commerce
- Assets
- $21.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- West Richland, WA
- Founding
- 09/1999
- Data as of
- 12/2023
- EIN
- 91-1954245
Organization Overview
West Richland Chamber Of Commerce is located in West Richland, WA. The organization was established in 1999. 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, West Richland Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Richland 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 12/2023, West Richland Chamber Of Commerce generated $115.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $114.3k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE WEST RICHLAND CHAMBER OF COMMERCE WAS ESTABLISHED TO BE AN ADVOCATE FOR WEST RICHLAND AND THE GREATER SURROUNDING REGION AND TO PROMOTE GROWTH AND ECONOMIC VITALITY FOR OUR MEMBERS AND OUR COMMUNITY THROUGH COLLABORATIVE BUSINESS TO BUSINESS INTERACTIONS.
Describe the Organization's Program Activity:
Part 3
COMMUNITY EVENTS: THE CHAMBER HELD VARIOUS EVENTS DURING THE YEAR INCLUDING HOGS AND DOGS AND COOL DESERT NIGHTS TO SUPPORT COMMUNITY COLLABORATION AND RAISE MONEY FOR THE CHAMBER'S EXEMPT PURPOSE.
THE CHAMBER CONDUCTED OTHER MISC. EVENTS AND COMMUNITY PROJECTS TO FURTHER ITS EXEMPT PURPOSE.
HOLIDAY FAMILIES: THE CHAMBER RAISED MONEY THROUGH A HOLIDAY BAZAAR AND OTHER ACTIVITIES IN ORDER TO PROVIDE SUPPORT TO NEEDY FAMILIES DURING THE HOLIDAYS.
MONTHLY LUNCHEONS: THE CHAMBER HOSTED MONTHLY LUNCHEONS TO PROVIDE EDUCATION AND NETWORKING OPPORTUNITIES FOR LOCAL BUSINESS OWNERS AND THEIR EMPLOYEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Madsen President | 1 | $0 | |
Jeralynn Hernandez Secretary | 1 | $0 | |
Westin Mick Treasurer | 1 | $0 | |
Troy Berglund Director | 1 | $0 | |
Terra Sampson Director | 1 | $0 | |
Aj Hill Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,230 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $46,982 |
| Other Revenue | $0 |
| Total Revenue | $115,212 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,149 |
| Professional fees and other payments to independent contractors | $15,012 |
| Occupancy, rent, utilities, and maintenance | $15,018 |
| Printing, publications, postage, and shipping | $6,206 |
| Other expenses | $32,907 |
| Total expenses | $114,292 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,920 |
| Other assets | $0 |
| Total assets | $21,920 |
| Total liabilities | $4,000 |
| Net assets or fund balances | $17,920 |