Monmouth-Independence Area Chamber Of Commerce
- Assets
- $85.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monmouth, OR
- Founding
- 09/1984
- Data as of
- 12/2022
- 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 12/2022, Monmouth-Independence Area Chamber Of Commerce generated $168.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $138.9k during the year ending 12/2022. While expenses have increased by 18.3% per year over the past 5 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
2022
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 |
|---|---|---|---|
Kelly Kapple Board Member | 2 | $0 | |
Sarah Ramirez President | 2 | $0 | |
Adry Clark Board Member | 2 | $0 | |
Alex Singer Board Member | 2 | $0 | |
Karin Johnson Treasurer | 2 | $0 | |
Lacey Johnson Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,858 |
| Total Program Service Revenue | $14,178 |
| Membership dues | $68,696 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,892 |
| Other Revenue | $14,960 |
| Total Revenue | $168,584 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,224 |
| Professional fees and other payments to independent contractors | $1,300 |
| Occupancy, rent, utilities, and maintenance | $30,566 |
| Printing, publications, postage, and shipping | $3,604 |
| Other expenses | $34,237 |
| Total expenses | $138,931 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,255 |
| Other assets | $0 |
| Total assets | $85,255 |
| Total liabilities | $4,494 |
| Net assets or fund balances | $80,761 |