Spearfish Chamber Of Commerce

Organization Overview

Spearfish Chamber Of Commerce is located in Spearfish, SD. The organization was established in 1943. 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, Spearfish Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spearfish 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, Spearfish Chamber Of Commerce generated $238.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $238.7k during the year ending 12/2021. While expenses have increased by 0.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE A POSITIVE BUSINESS CLIMATE AND TO PROVIDE LEADERSHIP IN THE PROMOTION AND MANAGED GROWTH OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANSWERED REQUESTS BY PHONE 1-800 SERVICE; REQUESTS FOR INFORMATION ON THE COMMUNITY FOR BUSINESS AND FAMILY (500/WEEK), RELOCATION (170) AND VISITOR INFORMATION. ANSWERED REQUESTS RECEIVED THROUGH MAIL, EMAIL AND/OR WEB SITE FOR INFORMATION ON THE SPEARFISH COMMUNITY INCLUDING RELOCATION AND TOURISM INFORMATION. PROVIDED IN-ROOM GUIDE (750) FOR LOCAL LODGING FACILITIES. DISTRIBUTED NEWSLETTER BY MAIL (8,160) AND ELECTRONICALLY (130,000) TO MEMBERS PROVIDING COMMUNITY AND MEMBER ACTIVITIES, SALES TAX GENERATED FOR COMMUNITY, BUILDING AND BUSINESS RELATED ACTIVIIES. THE SPEARFISH AREA CHAMBER HAD WALK-IN VISITORS TO WHOM INFORMATION WAS DISPENSED VIA BROCHURES, ETC. THE CHAMBER ALSO DISTRIBUTED BUSINESS DIRECTORIES, PROVIDED BUSINESS TRAINING, HIGH SCHOOL CAREER DAY, PROMOTED SHOP LOCAL CAMPAIGN, HOSTED CANDIDATE FORUMS AND LEGISLATIVE BRIEFING SESSIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Melissa Barth
Executive Dir.
$56,403
Chris Davis
Past President
$0
John Talcott
Vice President
$0
Mike Tripp
President
$0
Greg Hollibaugh
Treasurer
$0
Cami Dohman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$121,604
Fundraising events$0
Related organizations$0
Government grants $3,150
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$124,754
Total Program Service Revenue$93,266
Investment income $2,642
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $17,787
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $238,449

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Spearfish Chamber Of Commerce has recieved totaling $7,500.

Awarding OrganizationAmount
Black Hills Area Community Foundation

Rapid City, SD

PURPOSE: COMMUNITY WELFARE

$7,500
View Grant Recipient Profile

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