Chamber Of Commerce Inc is located in Abilene, KS. The organization was established in 1929. 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. 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 12/2020, Chamber Of Commerce Inc generated $53.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $58.2k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PROMOTION OF AREA BUSINESS, SUPPORT THE RETAIL BUSINESS CLIMATE IN ABILENE AND COORDINATION OF VARIOUS EFFORTS FOR THE GENERAL AREA AND YOUTH IMPROVEMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuck Scott Ex Officio | 2 | $0 | |
Janelle Rogers Secretary | 2 | $0 | |
Travis Sawyer Past Chair | 0 | $0 | |
Cassy Wilson Director | 2 | $0 | |
Darwin Alderson Treasurer | 2 | $0 | |
Diana Miller Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $15,008 |
| Membership dues | $37,658 |
| Investment income | $1,062 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,728 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,848 |
| Professional fees and other payments to independent contractors | $835 |
| Occupancy, rent, utilities, and maintenance | $4,524 |
| Printing, publications, postage, and shipping | $413 |
| Other expenses | $15,566 |
| Total expenses | $58,186 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |