Chamber Of Commerce is located in Broken Bow, NE. The organization was established in 1954. 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. 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, Chamber Of Commerce generated $129.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $107.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
ASSISTED IN PROMOTING COMMUNITY EVENTS AND MEMBER BUSINESSES THROUGH VARIOUS MEANS OF ADVERTISING AND OTHER PROMOTIONAL EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Cyboron President | 0 | $0 | |
Sid Fessler Vice Preside | 0 | $0 | |
Stephanie Grafel Executive Di | 0 | $0 | |
Nancee Coufal Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,488 |
| Total Program Service Revenue | $41,727 |
| Membership dues | $0 |
| Investment income | $181 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,856 |
| Total Revenue | $129,252 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,686 |
| Professional fees and other payments to independent contractors | $1,795 |
| Occupancy, rent, utilities, and maintenance | $11,634 |
| Printing, publications, postage, and shipping | $677 |
| Other expenses | $31,492 |
| Total expenses | $107,284 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,212 |
| Other assets | $0 |
| Total assets | $175,212 |
| Total liabilities | $4,707 |
| Net assets or fund balances | $170,505 |