Monmouth-Independence Area Chamber Of Commerce
- Assets
- $55.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monmouth, OR
- Founding
- 09/1984
- Data as of
- 12/2021
- EIN
- 93-0847200
Organization Overview
Monmouth-Independence Area Chamber Of Commerce is located in Monmouth, OR. The organization was established in 1984. 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. Monmouth-Independence 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 12/2021, Monmouth-Independence Area Chamber Of Commerce generated $98.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $85.5k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTION OF THE MONMOUTH-INDEPENDENCE BUSINESS COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nikki Marazzani Executive Director | 40 | $45,000 | |
Adry Clark Board Member | 5 | $0 | |
Alex Singer Board Member | 9 | $0 | |
Karin Johnson Board Member | 12 | $0 | |
James Martin Board Member | 12 | $0 | |
Roxanne Beltz 1st Vice President | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,389 |
| Total Program Service Revenue | $22,795 |
| Membership dues | $50,572 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,074 |
| Other Revenue | $11,591 |
| Total Revenue | $98,421 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,847 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $23,108 |
| Printing, publications, postage, and shipping | $1,443 |
| Other expenses | $12,095 |
| Total expenses | $85,493 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,858 |
| Other assets | $0 |
| Total assets | $55,858 |
| Total liabilities | $4,750 |
| Net assets or fund balances | $51,108 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Sustainable Apparel Coalition Inc Oakland, CA | $12,069,125 | $10,210,019 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
California Certified Public Accountants Foundation Burlingame, CA | $12,236,942 | $9,436,468 |
California Life Sciences Association San Diego, CA | $8,698,147 | $9,649,305 |
Monterey County Destination Monterey, CA | $3,905,890 | $8,986,983 |
Team San Jose San Jose, CA | $3,878,197 | $2,539,314 |
Mammoth Lakes Tourism Mammoth Lakes, CA | $11,084,402 | $8,902,762 |
Cloud Security Alliance Seattle, WA | $2,184,209 | $7,501,153 |
D F A Of California Sacramento, CA | $11,390,800 | $8,118,200 |