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 12/2021, Salina Chamber Of Commerce employed 9 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 12/2021, Salina Chamber Of Commerce generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. 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
2021
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Brown President/ce | Officer | 40 | $85,197 |
Jeff Maes Chair | OfficerTrustee | 2 | $0 |
Dr Alysia Starkey Vice Chairma | OfficerTrustee | 2 | $0 |
Loren Young Treasurer | OfficerTrustee | 2 | $0 |
Travis Young Chair-Elect | OfficerTrustee | 2 | $0 |
David Disberger Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $306,336 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,021,260 |
All other contributions, gifts, grants, and similar amounts not included above | $71,287 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,398,883 |
Total Program Service Revenue | $229,378 |
Investment income | $6,781 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $7,200 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,662,750 |
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. | $85,197 |
Compensation of current officers, directors, key employees. | $20,447 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $451,541 |
Pension plan accruals and contributions | $31,474 |
Other employee benefits | $94,184 |
Payroll taxes | $38,171 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,489 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $28,152 |
Advertising and promotion | $398,779 |
Office expenses | $9,515 |
Information technology | $18,289 |
Royalties | $0 |
Occupancy | $27,890 |
Travel | $15,801 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $111,926 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $33,967 |
Insurance | $7,210 |
All other expenses | $19,620 |
Total functional expenses | $1,436,473 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $76,311 |
Savings and temporary cash investments | $1,770,864 |
Pledges and grants receivable | $435,118 |
Accounts receivable, net | $14,376 |
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 | $50,093 |
Net Land, buildings, and equipment | $505,031 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $121,525 |
Total assets | $2,973,318 |
Accounts payable and accrued expenses | $367,265 |
Grants payable | $0 |
Deferred revenue | $40,139 |
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 | $407,404 |
Net assets without donor restrictions | $1,666,801 |
Net assets with donor restrictions | $899,113 |
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 | $2,973,318 |
Over the last fiscal year, we have identified 1 grants that Salina Chamber Of Commerce has recieved totaling $32,194.
Awarding Organization | Amount |
---|---|
Greater Salina Community Foundation Salina, KS PURPOSE: Special Project | $32,194 |
Organization Name | Assets | Revenue |
---|---|---|
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Mountain States Employers Council Inc Denver, CO | $41,916,661 | $36,504,782 |
Vail Valley Foundation Inc Avon, CO | $22,993,237 | $18,789,291 |
National Biodiesel Board Jefferson City, MO | $12,011,947 | $15,134,555 |
Scrum Alliance Inc Westminster, CO | $46,979,666 | $21,000,085 |
Investment Management Consultants Assn Inc Greenwood Village, CO | $30,192,603 | $13,414,601 |
International Association Of Certified Home Inspectors Boulder, CO | $7,671,295 | $15,005,233 |
International Association For The Study Of Lung Cancer Denver, CO | $23,299,078 | $13,685,313 |
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 |