Lyons Chamber Of Commerce is located in Lyons, KS. The organization was established in 1941. 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. Lyons 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 12/2016, Lyons Chamber Of Commerce generated $48.2k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $56.8k during the year ending 12/2016. 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
2016
Describe the Organization's Program Activity:
Part 3
PROMOTE LOCAL BUSINESSES AND FOSTER COMMUNITY SPIRIT BY CONDUCTING VARIOUS EVENTS AND ACTIVITIES THAT HIGHLIGHT AND PROMOTE SERVICES AND PRODUCTS AVAILABLE LOCALLY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ty Buchanan President | 3 | $0 | |
Luke Fall Vice President | 1 | $0 | |
Katie Marcum Secretary/treasurer | 2 | $0 | |
Staci Fulbright Director | 3 | $0 | |
Katie Herrman Director | 1 | $0 | |
Bj Baskerville Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $574 |
| Total Program Service Revenue | $25,641 |
| Membership dues | $19,971 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,977 |
| Total Revenue | $48,164 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,636 |
| Professional fees and other payments to independent contractors | $765 |
| Occupancy, rent, utilities, and maintenance | $1,170 |
| Printing, publications, postage, and shipping | $497 |
| Other expenses | $31,769 |
| Total expenses | $56,837 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,903 |
| Other assets | $0 |
| Total assets | $23,315 |
| Total liabilities | $981 |
| Net assets or fund balances | $22,334 |