Chamber Of Commerce
- Assets
- $437.0k
- Revenue
- $194.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Camdenton, MO
- Founding
- 06/1981
- Data as of
- 12/2021
- EIN
- 44-0640165
Organization Overview
Chamber Of Commerce is located in Camdenton, MO. The organization was established in 1981. 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, Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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, Chamber Of Commerce generated $194.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $211.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 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
IMPROVE THE BUSINESS OUTLOOK AND QUALITY OF LIFE BY BEING A MOTIVATIONAL FORCE IN COORDINATING,LEADING AND PROMOTING BUSINESS DEVELOPMENT FOR THE CAMDENTON AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES - CHAMBER SERVICES TO MEMBERS
PRODUCT TRADE SHOW - TRADE SHOW THAT ENABLES MERCHANTS TO EXHIBIT PRODUCTS AND SERVICES TO PROMOTE INTEREST IN THE CAMDENTON AND SURRONDING AREAS.
CROSSROADS CAMDENTON - THIS PROGRAM PROMOTES AND ENCOURAGES RETAIL SHOPPING IN THE CAMDEN COUNTY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Cloke Administrator | Officer | 40 | $49,189 |
Ashley Swegle Vice President | Officer | 2 | $0 |
Keith Lucas Officer | Officer | 2 | $0 |
Jason Lutz Officer | Officer | 2 | $0 |
Mitch Schields Vice President | Officer | 2 | $0 |
Jasen Jones Officer | Officer | 2 | $0 |
Financial Statements
| 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 | $3,784 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,784 |
| Total Program Service Revenue | $167,213 |
| Investment income | $466 |
| 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 | $194,563 |
| 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 | $106,375 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,758 |
| Payroll taxes | $8,839 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,405 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,441 |
| Office expenses | $1,148 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,113 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,459 |
| Insurance | $7,514 |
| All other expenses | $32,803 |
| Total functional expenses | $211,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,436 |
| Savings and temporary cash investments | $139,055 |
| 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 | $268,547 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $437,038 |
| Accounts payable and accrued expenses | $3,306 |
| Grants payable | $0 |
| Deferred revenue | $25,046 |
| 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 | $28,352 |
| Net assets without donor restrictions | $408,686 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $437,038 |
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