Fredonia Chamber Of Commerce Inc
- Assets
- $23.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fredonia, KS
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 48-0910869
Organization Overview
Fredonia Chamber Of Commerce Inc is located in Fredonia, KS. The organization was established in 2001. 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. Fredonia 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 12/2023, Fredonia Chamber Of Commerce Inc generated $47.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $62.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) 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
2023
Describe the Organization's Program Activity:
Part 3
THE CHAMBER OF COMMERCE WAS ESTABLISHED TO PROMOTE LOCAL BUSINESS. THIS HAS BEEN ACHIEVED FOR THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Green President | 1 | $0 | |
Sandra Dunn Treasurer | 1 | $0 | |
Courtney Ball President Elect | 1 | $0 | |
Kimber Stithem Past President | 1 | $0 | |
Allen Miller Director | 1 | $0 | |
Kelsy Payne Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,347 |
| Total Program Service Revenue | $21,206 |
| Membership dues | $23,332 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,914 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,201 |
| Professional fees and other payments to independent contractors | $100 |
| Occupancy, rent, utilities, and maintenance | $6,514 |
| Printing, publications, postage, and shipping | $549 |
| Other expenses | $19,386 |
| Total expenses | $62,750 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,327 |
| Other assets | $0 |
| Total assets | $23,327 |
| Total liabilities | $10,707 |
| Net assets or fund balances | $12,620 |