Bottineau Chamber Of Commerce is located in Bottineau, ND. The organization was established in 1993. 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. Bottineau 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 12/2023, Bottineau Chamber Of Commerce generated $117.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $148.0k during the year ending 12/2023. While expenses have increased by 8.8% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION AND SUPPORT OF BOTTINEAU AREA BUSINESSES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Gustafson President | 1 | $0 | |
Riley Kleven Director | 1 | $0 | |
Laura Halvorson Secretary | 1 | $0 | |
Brett Demontigny Treasurer | 1 | $0 | |
Jewel Edwards Vice President | 1 | $0 | |
Scott Davis Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,701 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,413 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $117,125 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,739 |
| Professional fees and other payments to independent contractors | $935 |
| Occupancy, rent, utilities, and maintenance | $11,255 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,474 |
| Total expenses | $148,016 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,780 |
| Other assets | $0 |
| Total assets | $67,972 |
| Total liabilities | $924 |
| Net assets or fund balances | $67,048 |