Wrangell Chamber Of Commerce
- Assets
- $18.4k
- Revenue
- $52.5k
- Investments
- $0.0
- Employees
- 11
- Location
- Wrangell, AK
- Founding
- 04/1994
- Data as of
- 06/2022
- EIN
- 92-0082989
Organization Overview
Wrangell Chamber Of Commerce is located in Wrangell, AK. The organization was established in 1994. 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 06/2022, Wrangell Chamber Of Commerce employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wrangell Chamber Of Commerce is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Wrangell Chamber Of Commerce generated $52.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $212.8k during the year ending 06/2022. 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 THE CITY & BOROUGH OF WRANGELL THROUGH COMMUNITY ACTIVITIES SUCH AS THE WRANGELL SALMON DERBY & THE 4TH OF JULY CELEBRATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE THE LOCAL COMMUNITY THROUGH THE WRANGELL SALMON DERBY, WRANGELL FOURTH OF JULY, HARVEST FESTIVAL, TENT CITY DAYS, COMMUNITY WEB SITE AND OTHER DAILY ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline Bangs Secretary | Officer | 10 | $0 |
Heather Johnson Vice President | Officer | 10 | $0 |
Amber Armstrong Treasurer | Officer | 10 | $0 |
Brittani Robbins Executive Director | Officer | 40 | $0 |
Omid Rahamanian Director | Trustee | 5 | $0 |
Elizabeth Roundtree Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $24,014 |
| Membership dues | $26,357 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,371 |
| Total Program Service Revenue | $17,327 |
| Investment income | $13 |
| 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 | -$20,543 |
| Net Income from Sales of Inventory | $2,509 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $701 |
| 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 | $90,064 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,290 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,999 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $274 |
| Advertising and promotion | $9,216 |
| Office expenses | $10,273 |
| Information technology | $8,736 |
| Royalties | $0 |
| Occupancy | $18,539 |
| Travel | $1,134 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,462 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84 |
| Insurance | $4,524 |
| All other expenses | $0 |
| Total functional expenses | $212,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,374 |
| Savings and temporary cash investments | $0 |
| 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 | $18,374 |
| 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 | $18,374 |
| 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 | $18,374 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Cloud Security Alliance Seattle, WA | $2,184,209 | $7,501,153 |
Archbright Seattle, WA | $17,744,548 | $6,553,314 |
Associated General Contractors Of Washington Seattle, WA | $55,149,734 | $7,565,354 |
Merchant Risk Council Inc Seattle, WA | $6,892,922 | $3,889,563 |
Spokane Regional Chamber Of Commerce Spokane, WA | $2,334,125 | $4,049,802 |
Washington Tourism Alliance Seattle, WA | $3,846,718 | $5,068,269 |
Association Of Genuine Alaska Pollock Producers Seattle, WA | $3,606,525 | $3,582,021 |
Fiber Broadband Association Spokane, WA | $2,502,947 | $3,278,475 |