Fremont Area Chamber Of Commerce

Organization Overview

Fremont Area Chamber Of Commerce is located in Fremont, NE. The organization was established in 1946. 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, Fremont Area Chamber Of Commerce employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fremont 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, Fremont Area Chamber Of Commerce generated $380.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $330.0k during the year ending 12/2021. 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

THE FREMONT AREA CHAMBER OF COMMERCE WORKS TO PROMOTE A FAVORABLE BUSINESS CLIMATE FOR ITS MEMBERSHIP AND PROVIDE LEADERSHIP TO IMPROVE THE ECONOMY AND QUALITY OF LIFE IN THE FREMONT AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CHAMBER IS ORGANIZED INTO FIVE SEPERATE COUNCILS TO ACHIEVE THEIR GOALS THROUGH PROGRAMS AND EVENTS THAT ARE IN THE BEST INTEREST OF ITS MEMBERSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
Tara Lea
Secretary
$107,741
Kana Dam
Vice Chairman
$0
Kent Speicher
Treasurer
$0
Brad Dahl
Past Chair
$0
Nick Vrba
Chairman Elect
$0
Chris Walz
Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$254,932
Fundraising events$0
Related organizations$0
Government grants $48,761
All other contributions, gifts, grants, and similar amounts not included above$4,960
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$308,653
Total Program Service Revenue$71,041
Investment income $795
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 $380,489

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