The Greater Lawrence Chamber Of Commerce Inc
- Assets
- $32.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 06/1986
- Data as of
- 12/2023
- EIN
- 35-1620533
Organization Overview
The Greater Lawrence Chamber Of Commerce Inc is located in Indianapolis, IN. The organization was established in 1986. 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. Greater Lawrence Chamber Of Commerce Inc 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, Greater Lawrence Chamber Of Commerce Inc generated $121.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $167.5k during the year ending 12/2023. 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
TO PROMOTE RELATIONS BETWEEN THE BUSINESS COMMUNITY EDUCATION SYSTEM AND THE CITY OF LAWRENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Forcum Board Co-Cha | 3 | $0 | |
April Krowel Board Co-Cha | 3 | $0 | |
Alan Becker Secretary | 3 | $0 | |
Brad Klopfenstein President/ce | 40 | $68,400 | |
Caleb Hill Treasurer | 3 | $0 | |
Vanessa Coles Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,515 |
| Total Program Service Revenue | $38,731 |
| Membership dues | $0 |
| Investment income | $290 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,536 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $122,813 |
| Professional fees and other payments to independent contractors | $8,476 |
| Occupancy, rent, utilities, and maintenance | $2,262 |
| Printing, publications, postage, and shipping | $941 |
| Other expenses | $33,035 |
| Total expenses | $167,527 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,186 |
| Other assets | $0 |
| Total assets | $32,311 |
| Total liabilities | $3,487 |
| Net assets or fund balances | $28,824 |