Lake County Chamber Of Commerce is located in Lakeview, OR. The organization was established in 1948. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake County 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, Lake County Chamber Of Commerce generated $119.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $112.6k during the year ending 12/2023. While expenses have increased by 1.1% per year over the past 8 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 Program Activity:
Part 3
PROMOTION OF TRAVEL, TOURISM AND BUSINESS DEVELOPMENT IN LAKE COUNTY, OREGON
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lorrie Reif Treasurer | 5 | $0 | |
Alan Palmer President | 1 | $0 | |
Michael Carter Board Member | 0 | $0 | |
Mickey Mcmahan Board Member | 0 | $0 | |
James Williams Board Member | 0 | $0 | |
Ray Turner Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $114,518 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $4,710 |
Other Revenue | $0 |
Total Revenue | $119,233 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $45,959 |
Professional fees and other payments to independent contractors | $2,600 |
Occupancy, rent, utilities, and maintenance | $19,996 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $44,014 |
Total expenses | $112,569 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $74,382 |
Other assets | $0 |
Total assets | $144,447 |
Total liabilities | $1,860 |
Net assets or fund balances | $142,587 |