Salina Chamber Of Commerce
- Assets
- $3.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 11
- Location
- Salina, KS
- Founding
- 07/1942
- Data as of
- 12/2023
- EIN
- 48-0402660
Organization Overview
Salina Chamber Of Commerce is located in Salina, KS. The organization was established in 1942. 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. As of 12/2023, Salina Chamber Of Commerce employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salina 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 12/2023, Salina Chamber Of Commerce generated $2.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 3.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE GENERAL WELFARE AND PROSPERITY OF THE SALINA AREA SO ITS CITIZENS AND ALL AREAS OF ITS BUSINESS COMMUNITY SHALL PROSPER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT: TO PROMOTE WORKFORCE DEVELOPMENT, SMALL BUSINESSES AND ENTREPRENEURIAL SUPPORT AND EXISTING BUSINESS EXPANSION AND RETENTION
VISIT SALINA: TO PROMOTE SALINA AS A DESTINATION FOR OVERNIGHT GROUPS, CONVENTIONS, EVENTS AND TOURISTS, IN ORDER TO GENERATE ECONOMIC ACTIVITY FOR LOCAL BUSINESSES THROUGH VISITOR SPENDING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Duxler President | Officer | 40 | $81,885 |
Melissa Anderson Director | Trustee | 1 | $0 |
Sam Browning Director | Trustee | 1 | $0 |
Cheryl Campbell Director | Trustee | 1 | $0 |
Mindi Davidson Director | Trustee | 1 | $0 |
Jim Fletcher Ex-Officio D | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $316,041 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $962,815 |
| All other contributions, gifts, grants, and similar amounts not included above | $263,612 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,542,468 |
| Total Program Service Revenue | $495,120 |
| Investment income | $32,566 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,000 |
| Net Gain/Loss on Asset Sales | $4,212 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,091,396 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,885 |
| Compensation of current officers, directors, key employees. | $20,717 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $547,848 |
| Pension plan accruals and contributions | $37,433 |
| Other employee benefits | $83,371 |
| Payroll taxes | $45,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,867 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,200 |
| Advertising and promotion | $684,347 |
| Office expenses | $29,572 |
| Information technology | $23,110 |
| Royalties | $0 |
| Occupancy | $33,459 |
| Travel | $18,467 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $237,614 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,675 |
| Insurance | $2,430 |
| All other expenses | $46,329 |
| Total functional expenses | $2,046,670 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,438 |
| Savings and temporary cash investments | $1,797,944 |
| Pledges and grants receivable | $3,230 |
| Accounts receivable, net | $103,959 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $86,021 |
| Net Land, buildings, and equipment | $506,495 |
| Investments—publicly traded securities | $770,871 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $127,512 |
| Total assets | $3,467,470 |
| Accounts payable and accrued expenses | $468,758 |
| Grants payable | $0 |
| Deferred revenue | $93,851 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $562,609 |
| Net assets without donor restrictions | $2,359,951 |
| Net assets with donor restrictions | $544,910 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,467,470 |