Ripley County Chamber Of Commerce Inc is located in Versailles, IN. The organization was established in 1992. 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. Ripley County 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 12/2022, Ripley County Chamber Of Commerce Inc generated $60.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $74.4k during the year ending 12/2022. While expenses have increased by 13.7% per year over the past 4 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
TO PROMOTE AND ENCOURAGE BUSINESS IN RIPLEY COUNTY, INDIANA.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Phillip Hart Dir | 1 | $0 | |
| Dee Dobbs Sec | 2 | $0 | |
| Justin Smith V Pres | 2 | $0 | |
| Sharon Miller Treas | 2 | $0 | |
| Mary Ann Mccoy Dir | 1 | $0 | |
| Lorie Taylor Dir | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 | 
| Total Program Service Revenue | $32,023 | 
| Membership dues | $23,680 | 
| Investment income | $33 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $60,736 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $31,690 | 
| Professional fees and other payments to independent contractors | $1,866 | 
| Occupancy, rent, utilities, and maintenance | $3,934 | 
| Printing, publications, postage, and shipping | $903 | 
| Other expenses | $35,982 | 
| Total expenses | $74,375 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,951 | 
| Other assets | $0 | 
| Total assets | $5,951 | 
| Total liabilities | $5,180 | 
| Net assets or fund balances | $771 |