Muncie-Delaware County Chamber Of Commerce
- Assets
- $563.7k
- Revenue
- $785.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Muncie, IN
- Founding
- 11/1939
- Data as of
- 09/2023
- EIN
- 35-0534380
Organization Overview
Muncie-Delaware County Chamber Of Commerce is located in Muncie, IN. The organization was established in 1939. 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 09/2023, Muncie-Delaware County Chamber Of Commerce employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Muncie-Delaware 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 09/2023, Muncie-Delaware County Chamber Of Commerce generated $785.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $667.7k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP DEVELOPMENT THROUGH NETWORKING, EDUCATION AND TRAINING, AND MARKETING EVENTS.
ECONOMIC DEVELOPMENT OF MUNCIE-DELAWARE COUNTY BY SEEKING NEW EMPLOYERS AND MAINTAINING EXISTING BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paaige Turner Vice Chair, Operations | OfficerTrustee | 1 | $0 |
Jeff Bird Board Member | Trustee | 1 | $0 |
Stephen Brand Chair Elect Vc Econ Dev | OfficerTrustee | 1 | $0 |
Jason Brooks Board Member | Trustee | 1 | $0 |
Martin Hillery Board Member | Trustee | 1 | $0 |
Allison Robbins Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $751,921 |
| Investment income | $227 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $785,772 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,782 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $229,385 |
| Pension plan accruals and contributions | $19,110 |
| Other employee benefits | $41,315 |
| Payroll taxes | $23,805 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,923 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,461 |
| Office expenses | $13,216 |
| Information technology | $13,287 |
| Royalties | $0 |
| Occupancy | $14,292 |
| Travel | $1,443 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,459 |
| Insurance | $7,601 |
| All other expenses | $1,937 |
| Total functional expenses | $667,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $247,428 |
| Pledges and grants receivable | $300,534 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,416 |
| Net Land, buildings, and equipment | $5,357 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $563,735 |
| Accounts payable and accrued expenses | $130,226 |
| Grants payable | $0 |
| Deferred revenue | $96,172 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $226,398 |
| Net assets without donor restrictions | -$118,672 |
| Net assets with donor restrictions | $456,009 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $563,735 |