Holdrege Chamber Of Commerce Inc
- Assets
- $172.1k
- Revenue
- $212.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Holdrege, NE
- Founding
- 12/1946
- Data as of
- 12/2021
- EIN
- 47-0191675
Organization Overview
Holdrege Chamber Of Commerce Inc is located in Holdrege, 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, Holdrege Chamber Of Commerce Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holdrege Chamber Of Commerce Inc 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, Holdrege Chamber Of Commerce Inc generated $212.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $232.5k during the year ending 12/2021. While expenses have increased by 7.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND DEVELOP OUR COMMUNITY THROUGH PARTNERSHIPS WITH BUSINESSES, INDIVIDUALS, AND ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWEDISH DAYS AND RIBFEST - PROMOTION OF THE ANCESTORY OF OUR COMMUNITY THROUGH SPECIAL LOCAL EVENTS; VISITOR GUIDES, HOLIDY EVENTS ALL USED TO PROMOTE OUR LOCAL COMMUNITY OPPORTUNITIES AND INCREASE SHOPPING TRAFFIC AS WELL AS BUSINESS EXPANSION.
HOLDREGE FOR THE HOLIDAYS - PROMOTIONAL HOLIDAY SPONSORSHIPS.
MARKETING - PROMOTIONAL ASSISTANCE FOR MEMBERS AND THE COMMUNITY.
OTHER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Adam Treasurer | OfficerTrustee | 1 | $0 |
Greg Barnes Past Preside | OfficerTrustee | 1 | $0 |
Tana Fye President-El | OfficerTrustee | $0 | |
Karen Aldama Director | Trustee | 1 | $0 |
Stacia Fertig Director | Trustee | 1 | $0 |
Allison Fritsche Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $68,813 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $36,305 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,010 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,128 |
| Total Program Service Revenue | $84,153 |
| Investment income | $7,918 |
| 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 | $212,670 |
| 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 | $70,167 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,589 |
| Fees for services: Accounting | $5,784 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,415 |
| Office expenses | $5,261 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $226 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,363 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,306 |
| Insurance | $3,796 |
| All other expenses | $32,846 |
| Total functional expenses | $232,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,172 |
| Savings and temporary cash investments | $40,842 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $730 |
| 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 | $101,401 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $172,145 |
| Accounts payable and accrued expenses | $311 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $17,960 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,271 |
| Net assets without donor restrictions | $153,874 |
| 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 | $172,145 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Holdrege Chamber Of Commerce Inc has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Phelps County Community Foundation Inc Holdrege, NE PURPOSE: OPERATIONS | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dairy Promotion Inc Kansas City, KS | $585,537 | $75,669,129 |
National Cattlemens Beef Association Inc Centennial, CO | $34,892,254 | $54,202,215 |
United States Meat Export Federation Inc Denver, CO | $20,783,822 | $49,870,327 |
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Mgma-Acmpe Englewood, CO | $54,755,762 | $36,087,217 |
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Mountain States Employers Council Inc Denver, CO | $41,916,661 | $36,504,782 |
Vail Valley Foundation Inc Avon, CO | $22,993,237 | $18,789,291 |
National Biodiesel Board Jefferson City, MO | $12,011,947 | $15,134,555 |
Scrum Alliance Inc Westminster, CO | $46,979,666 | $21,000,085 |
Investment Management Consultants Assn Inc Greenwood Village, CO | $30,192,603 | $13,414,601 |
International Association Of Certified Home Inspectors Boulder, CO | $7,671,295 | $15,005,233 |