Parsons Chamber Of Commerce is located in Parsons, KS. The organization was established in 1945. 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. Parsons 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, Parsons Chamber Of Commerce generated $91.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $85.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) 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
CHAMBER OF COMMERCE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Callie Carpenter Board Member | 1 | $0 | |
Jennifer Eichinger Treasurer | 1 | $0 | |
Scott Ozier Board Member | 1 | $0 | |
Lori Ray Board Member | 1 | $0 | |
Jessica Helt Board Member | 1 | $0 | |
Jason Sharp Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,908 |
| Total Program Service Revenue | $42,960 |
| Membership dues | $0 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,831 |
| Total Revenue | $91,737 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,192 |
| Professional fees and other payments to independent contractors | $2,873 |
| Occupancy, rent, utilities, and maintenance | $3,803 |
| Printing, publications, postage, and shipping | $1,667 |
| Other expenses | $28,938 |
| Total expenses | $85,473 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,232 |
| Other assets | $0 |
| Total assets | $144,217 |
| Total liabilities | $24,605 |
| Net assets or fund balances | $119,612 |