Lenexa Chamber Of Commerce Inc
- Assets
- $414.2k
- Revenue
- $952.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Lenexa, KS
- Founding
- 12/1981
- Data as of
- 12/2021
- EIN
- 48-0797145
Organization Overview
Lenexa Chamber Of Commerce Inc is located in Lenexa, KS. The organization was established in 1981. 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, Lenexa Chamber Of Commerce Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lenexa Chamber Of Commerce Inc 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, Lenexa Chamber Of Commerce Inc generated $952.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $850.3k during the year ending 12/2021. 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
THE LENEXA CHAMBER OF COMMERCE DEEPLY BELIEVES IT EXISTS TO GIVE ITS BUSINESS MEMBERS CLOUT IN THE COMMUNITY, ACCESS TO KEY PEOPLE IN GOVERNMENT AND THE COMMUNITY, PROVIDE A FORUM FOR BUSINESSES TO AFFECT THE BUSINESS CLIMATE, AND TO PLAY A LEAD ROLE IN INSURING STRONG ECONOMIC GROWTH AND QUALITY OF LIFE IN LENEXA.THE LENEXA CHAMBER OF COMMERCE IS THE MOST HIGHLY RECOGNIZED CHAMBER IN THE REGION DUE TO DEMONSTRATED EXCELLENCE IN ITS ACTIVITIES. WE HAVE A REPUTATION FOR PROVIDING EXTRAORDINARY VALUE IN LEADERSHIP, SUPPORT AND SERVICES TO OUR MEMBERS AND COMMUNITY. THROUGH THE CHAMBERS AGGRESSIVE SUPPORT AND PROMOTION OF ITS MEMBERS, ECONOMIC GROWTH FOR LENEXAS BUSINESS COMMUNITY IS UNPARALLELED. THIS GROWTH FOR BUSINESSES AND THE COMMUNITY AS A RESULT OF THE PARTNERSHIPS BETWEEN THE LOCAL AND STATE GOVERNMENTS AND THE CHAMBER IS A MODEL HERALDED THROUGHOUT THE COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LENEXA CHAMBER OF COMMERCE EXISTS TO GIVE ITS BUSINESS MEMBERS INFLUENCE IN THE COMMUNITY, ACCESS TO KEY PEOPLE IN GOVERNMENT AND THE COMMUNITY, PROVIDE A FORUM FOR BUSINESSES TO AFFECT THE BUSINESS CLIMATE, AND TO PLAY A LEAD ROLE IN ENSURING STRONG ECONOMIC GROWTH AND QUALITY OF LIFE IN LENEXA.THE LENEXA CHAMBER OF COMMERCE IS A BUSINESS ORGANIZATION WITH MORE THAN 90 YEARS OF SERVICE CREATING AND PRESERVING A STRONG BUSINESS CLIMATE AND HIGH QUALITY OF LIFE IN THE AREA BY ACHIEVING THE FOLLOWING:- ADVANCE THE INTERESTS OF ITS MEMBERS BY SUPPORTING AND ENCOURAGING LOCAL, STATE AND FEDERAL LEGISLATION THAT WILL PROMOTE THE CONTINUED GROWTH OF THE LENEXA BUSINESS COMMUNITY AND PROVIDE AN EQUITABLE TAXATION SYSTEM.- IMPLEMENT PROGRAMS THAT WILL ADDRESS THE CURRENT NEEDS OF BUSINESSES WHILE CONTINUING TO PLAN FOR THE LONG-TERM VITALITY OF LENEXA.- CONTINUE BUILDING UPON KEY ALLIANCES THROUGH UNIQUE PARTNERSHIPS FORMED THROUGH THE CITY, CHAMBER MEMBERS, BUSINESSES, ORGANIZATIONS AND OTHERS.- MAINTAIN A POSITIVE PUBLIC IMAGE TO ACCOMPLISH CONTINUED COMMUNITY AND BUSINESS GROWTH AND RETENTION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blake Schreck President | Officer | 40 | $180,864 |
Ashley K Sherard Vice President | Officer | 40 | $108,948 |
Kathy Saunders Past Chair | OfficerTrustee | 0 | $0 |
Damien Butler Chairman | OfficerTrustee | 0 | $0 |
Laura Baldwin Chair-Elect | OfficerTrustee | 0 | $0 |
Josh Wollard Sec / Treas | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $272,939 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $605,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $877,939 |
| Total Program Service Revenue | $11,205 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $49,531 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $952,268 |
| 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. | $289,812 |
| Compensation of current officers, directors, key employees. | $63,758 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $274,269 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,805 |
| Payroll taxes | $41,755 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,283 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,893 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,795 |
| Travel | $15,689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,528 |
| All other expenses | $20,124 |
| Total functional expenses | $850,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,804 |
| Savings and temporary cash investments | $349,843 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $43,554 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $414,201 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $414,201 |
| Net assets with donor restrictions | $0 |
| 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 | $414,201 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lenexa Chamber Of Commerce Inc has recieved totaling $8,455.
| Awarding Organization | Amount |
|---|---|
Shawnee Mission Medical Center Inc Shawnee Mission, KS PURPOSE: GENERAL SUPPORT | $8,455 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dairy Promotion Inc Kansas City, KS | $585,537 | $75,669,129 |
National Cattlemens Beef Association Inc Centennial, CO | $34,892,254 | $54,202,215 |
United States Meat Export Federation Inc Denver, CO | $20,783,822 | $49,870,327 |
Mgma-Acmpe Englewood, CO | $54,755,762 | $36,087,217 |
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 |