Neosho Area Chamber Of Commerce
- Assets
- $332.6k
- Revenue
- $364.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Neosho, MO
- Founding
- 03/1958
- Data as of
- 12/2021
- EIN
- 44-0536290
Organization Overview
Neosho Area Chamber Of Commerce is located in Neosho, MO. The organization was established in 1958. 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, Neosho Area Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neosho 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, Neosho Area Chamber Of Commerce generated $364.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $328.0k during the year ending 12/2021. While expenses have increased by 10.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO LEAD THE COMMUNITY ENHANCING ECOMONIC VITALITY, TO BE AN ADVOCATE FOR THE BUSINESS COMMUNITY AND IMPROVE THE QUALITY OF LIFE IN NEOSHO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED AND SUPPORTED EVENTS TO PROMOTE THE ORGANIZATION'S MEMBERSHIP TO THE CITIZENS OF NEOSHO. THE ANNUAL EVENTS WERE AS FOLLOWS: AGRICULTURE APPRECIATION DINNER, BUSINESS & INDUSTRY REVIEW, CHRISTMAS EVENTS, JOB FAIRS, CITY WIDE GARAGE SALE AND MULTIPLE DOWNTOWN EVENTS. THESE EVENTS ARE AVAILABLE TO ALL CITIZENS OF THE LOCAL COMMUNITIES.
ORGANIZED INFORMATIONAL AND NETWORKING MEETINGS FOR THE ORGANIZATION'S MEMBERSHIP. THESE NETWORKING OPPORTUNITIES INCLUDED SUCH EVENTS AS AN ANNUAL MEMBERS BANQUET IN WHICH A CITIZEN OF THE YEAR IS HONORED, AN INDUSTRIAL APPRECIATION BANQUET, QUARTERLY MEMBERSHIP LUNCHEONS, BUSINESS AFTER HOURS EVENT, EGGS & ISSUES BREAKFAST, A GOLF TOURNAMENT, AND EPIC EVENTS MENTORING YOUNG PROFESSIONALS IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Dobbs President | OfficerTrustee | 0.33 | $0 |
Sheila Parsons Secretary/tr | OfficerTrustee | 0.33 | $0 |
Joetta Pittsley 2nd Vice Pre | OfficerTrustee | 0.33 | $0 |
Ben Coffey 1st Vice Pre | OfficerTrustee | 0.33 | $0 |
Vickie Barnes Director | Trustee | 0.25 | $0 |
Carrie Cline Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $168,241 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,336 |
| 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 | $235,577 |
| Total Program Service Revenue | $129,063 |
| Investment income | $168 |
| 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 | $364,808 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $165,622 |
| Pension plan accruals and contributions | $5,108 |
| Other employee benefits | $8,175 |
| Payroll taxes | $12,450 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,715 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,672 |
| Advertising and promotion | $10,378 |
| Office expenses | $11,377 |
| Information technology | $9,249 |
| Royalties | $0 |
| Occupancy | $10,266 |
| Travel | $1,459 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,236 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $402 |
| Insurance | $2,937 |
| All other expenses | $0 |
| Total functional expenses | $327,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,020 |
| Savings and temporary cash investments | $172,754 |
| 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 | $0 |
| Net Land, buildings, and equipment | $14,838 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $332,612 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $40,720 |
| 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 | $43 |
| Total liabilities | $40,763 |
| 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 | $291,849 |
| Total liabilities and net assets/fund balances | $332,612 |
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