Fairbury Chamber Of Commerce
- Assets
- $79.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairbury, NE
- Founding
- 07/1943
- Data as of
- 12/2022
- EIN
- 47-0153788
Organization Overview
Fairbury Chamber Of Commerce is located in Fairbury, NE. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairbury 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 12/2022, Fairbury Chamber Of Commerce generated $70.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $67.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Newton Board Member | 1 | $0 | |
Connor Livingston Board Member | 1 | $0 | |
April Stone Board Member | 1 | $0 | |
Morgan Sand Board Member | 1 | $0 | |
Reegan Stapaules Board Member | 1 | $0 | |
Justin Stelling Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,275 |
| Membership dues | $29,410 |
| Investment income | $598 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,283 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,502 |
| Professional fees and other payments to independent contractors | $585 |
| Occupancy, rent, utilities, and maintenance | $2,346 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,243 |
| Total expenses | $67,676 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,228 |
| Other assets | $0 |
| Total assets | $79,228 |
| Total liabilities | $535 |
| Net assets or fund balances | $78,693 |