Fenton Area Chamber Of Commerce is located in Fenton, MO. 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. As of 12/2021, Fenton Area Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fenton 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 12/2021, Fenton Area Chamber Of Commerce generated $208.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $236.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SUPPORT AND REPRESENT BUSINESS FOR THE BETTERMENT OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN ECONOMIC DEVELOPMENT, COMMUNITY AND GOVERNMENTAL AFFAIRS, THE CHAMBER SERVES AS A UNIFIED VOICE FOR ALL ITS MEMBERS. IN WORKFORCE DEVELOPMENT, TO PROVIDE PROGRAMS TO STIMULATE SUCCESSFUL BUSINESSES AND ENRICH THE COMMUNITY AS A WHOLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deb Fruend Vice President | OfficerTrustee | 2 | $0 |
Todd Hickman 2nd VP | OfficerTrustee | 2 | $0 |
Karen Fox President | OfficerTrustee | 2 | $0 |
Mike Diffley Secretary | OfficerTrustee | 2 | $0 |
Laura Roth Treasurer | OfficerTrustee | 2 | $0 |
Maggie Loftus Director | Trustee | 2 | $0 |
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 | $207,141 |
Investment income | $893 |
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 | $208,034 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $7,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $103,893 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,005 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,750 |
Advertising and promotion | $53,117 |
Office expenses | $9,649 |
Information technology | $9,679 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,190 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $182 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $953 |
Insurance | $7,262 |
All other expenses | $582 |
Total functional expenses | $236,381 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $139 |
Savings and temporary cash investments | $49,958 |
Pledges and grants receivable | $0 |
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 | $1,248 |
Net Land, buildings, and equipment | $2,544 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $53,889 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $53,889 |
Total liabilities and net assets/fund balances | $53,889 |
Over the last fiscal year, we have identified 1 grants that Fenton Area Chamber Of Commerce has recieved totaling $8,000.
Awarding Organization | Amount |
---|---|
Ssm Health Care St Louis St Louis, MO PURPOSE: Support economic growth in the region | $8,000 |
Organization Name | Assets | Revenue |
---|---|---|
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $168,414,298 | $101,751,321 |
International Code Council Inc Country Club Hills, IL | $173,275,221 | $89,069,791 |
Dairy Promotion Inc Kansas City, KS | $585,537 | $75,669,129 |
American Property Casualty Insurance Association Chicago, IL | $156,045,230 | $59,541,606 |
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
Ipc International Inc Bannockburn, IL | $35,069,140 | $30,776,508 |
Apics Inc Chicago, IL | $42,029,595 | $30,789,675 |