Molalla Area Chamber Of Commerce
- Assets
- $38.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Molalla, OR
- Founding
- 04/1998
- Data as of
- 12/2022
- EIN
- 93-0807441
Organization Overview
Molalla Area Chamber Of Commerce is located in Molalla, OR. The organization was established in 1998. 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. Molalla Area 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, Molalla Area Chamber Of Commerce generated $46.0k 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 (3.1%) each year. All expenses for the organization totaled $42.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 8 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 |
|---|---|---|---|
Tracy Rumpca Director | 3 | $0 | |
Connie Sharp Treasurer | 15 | $0 | |
Darrel Sandquist President | 3 | $0 | |
Linda Rodriguez Board Member | 3 | $0 | |
Bob Jones Vice President | 3 | $0 | |
Rae Botsford Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,569 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,721 |
| Other Revenue | $1,743 |
| Total Revenue | $46,033 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,738 |
| Professional fees and other payments to independent contractors | $2,375 |
| Occupancy, rent, utilities, and maintenance | $11,200 |
| Printing, publications, postage, and shipping | $173 |
| Other expenses | $9,999 |
| Total expenses | $42,485 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,687 |
| Other assets | $0 |
| Total assets | $38,375 |
| Total liabilities | $4,711 |
| Net assets or fund balances | $33,664 |