Chehalem Valley Chamber Of Commerce
- Assets
- $176.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Newberg, OR
- Founding
- 08/1974
- Data as of
- 12/2022
- EIN
- 93-0235323
Organization Overview
Chehalem Valley Chamber Of Commerce is located in Newberg, OR. The organization was established in 1974. 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, Chehalem Valley Chamber Of Commerce employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chehalem Valley 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, Chehalem Valley Chamber Of Commerce generated $199.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $204.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE BUSINESS CLIMATE OF THE COMMUNITY AND TO IMPROVE THE ECONOMIC CONDITIONS OF THE CHEHALEM VALLEY
Describe the Organization's Program Activity:
Part 3
IMPROVED GENERAL BUSINESS CLIMATE OF THE COMMUNITY
IMPROVED GENERAL BUSINESS CLIMATE OF THE COMMUNITY
CHEHALEM VALLEY INNOVATION ACCELERATOR PROGRAM - TO ACCELERATE SUCCESS FOR REGIONAL STARTUPS AND ENTREPRENEURS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morgan Kullowatz Past Preside | 1 | $0 | |
Philip Higgins President | 1 | $0 | |
Alyssa Johnson Treasurer | 1 | $0 | |
Francisco Stoller Vice-Preside | 1 | $0 | |
Mark Moisan Special Advi | 1 | $0 | |
Jerry Dale Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,903 |
| Total Program Service Revenue | $46,535 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,449 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $111,445 |
| Professional fees and other payments to independent contractors | $3,810 |
| Occupancy, rent, utilities, and maintenance | $32,411 |
| Printing, publications, postage, and shipping | $588 |
| Other expenses | $56,175 |
| Total expenses | $204,429 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,480 |
| Other assets | $0 |
| Total assets | $176,626 |
| Total liabilities | $3,502 |
| Net assets or fund balances | $173,124 |