Beloit Area Chamber Of Commerce
- Assets
- $68.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beloit, KS
- Founding
- 04/1944
- Data as of
- 12/2021
- EIN
- 48-0136787
Organization Overview
Beloit Area Chamber Of Commerce is located in Beloit, KS. The organization was established in 1944. 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. Beloit 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, Beloit Area Chamber Of Commerce generated $47.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $48.6k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
VARIOUS ACTITIVITES TO PROMOTE CITY OF BELOIT, KS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Rabe Executive Director | 40 | $28,005 | |
Cole Thomas Board Member | 1 | $0 | |
Gretchin Staples Vice President | 1 | $0 | |
Jessalee Kelley President | 1 | $0 | |
Danielle Jeardoe Treasurer | 1 | $0 | |
Andrew Grabon Past President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,056 |
| Total Program Service Revenue | $0 |
| Membership dues | $38,616 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,470 |
| Other Revenue | $0 |
| Total Revenue | $47,154 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,005 |
| Professional fees and other payments to independent contractors | $4,328 |
| Occupancy, rent, utilities, and maintenance | $5,791 |
| Printing, publications, postage, and shipping | $1,349 |
| Other expenses | $9,108 |
| Total expenses | $48,581 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,057 |
| Other assets | $0 |
| Total assets | $68,057 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,057 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beloit Area Chamber Of Commerce has recieved totaling $8,150.
| Awarding Organization | Amount |
|---|---|
Greater Salina Community Foundation Salina, KS PURPOSE: Special Project | $8,150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Electrical Distributors St Louis, MO | $12,015,051 | $10,580,917 |
Nutech Ventures Lincoln, NE | $5,844,401 | $7,636,320 |
Renewable Fuels Association Ellisville, MO | $2,944,429 | $6,762,820 |
Wholesale And Specialty Insurance Association Kansas City, MO | $18,822,965 | $8,866,065 |
Financial Planning Association Denver, CO | $6,740,399 | $8,225,248 |
The Greater Colorado Springs Chamber And Edc Colorado Springs, CO | $2,246,029 | $6,426,509 |
Missouri Chamber Of Commerce And Industry Jefferson City, MO | $6,822,003 | $6,275,338 |
Growth Organization Of Topeka- Shawnee County Inc Topeka, KS | $18,345,904 | $5,398,082 |
Greater Topeka Partnership Inc Topeka, KS | $3,857,457 | $5,043,792 |
Kansas City Area Development Council Kansas City, MO | $4,057,652 | $5,415,241 |
Oklahoma One-Call System Inc Oklahoma City, OK | $12,064,277 | $6,779,424 |
New Better Business Bureau Inc Omaha, NE | $8,883,722 | $5,104,852 |