New Palestine Area Chamber Of Commerce is located in New Palestine, IN. The organization was established in 1995. 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. New Palestine 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, New Palestine Area Chamber Of Commerce generated $33.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $35.9k during the year ending 12/2022. 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
PUBLISHES AN ANNUAL CHAMBER DIRECTORY INCLUDING USEFUL INFORMATION ABOUT THE NEW PALESTINE AREA LOCAL BUSINESSES PURCHASE ADS TO HELP OFFSET THE COST OF THE DIRECTORY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Halliburton Advisor | 0 | $0 | |
Jake Ordelheide President | 0 | $0 | |
Zach Fox 1st Vice Pre | 0 | $0 | |
Alex Barnes 2nd Vice Pre | 0 | $0 | |
Julie Lucas Secretary | 0 | $0 | |
Jean Graham Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,135 |
| Total Program Service Revenue | $13,070 |
| Membership dues | $19,600 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,829 |
| Other Revenue | $0 |
| Total Revenue | $32,976 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,561 |
| Professional fees and other payments to independent contractors | $1,908 |
| Occupancy, rent, utilities, and maintenance | $120 |
| Printing, publications, postage, and shipping | $10,274 |
| Other expenses | $13,584 |
| Total expenses | $35,947 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,534 |
| Other assets | $0 |
| Total assets | $17,534 |
| Total liabilities | $639 |
| Net assets or fund balances | $16,895 |