Johnston Chamber Of Commerce
- Assets
- $146.3k
- Revenue
- $160.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Johnston, IA
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 52-1340409
Organization Overview
Johnston Chamber Of Commerce is located in Johnston, IA. The organization was established in 2002. 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 12/2022, Johnston Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Johnston 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, Johnston Chamber Of Commerce generated $160.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $181.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CHAMBER OF COMMERCE IS TO FOCUS ON ADVANCING OUR ECONOMIC SUCCESS AND SUPPORT THE DEVELOPMENT OF THE COMMUNITY OF JOHNSTON, IOWA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE SEVERAL EVENTS THROUGHOUT THE YEAR TO BRING TOGETHER THE COMMUNITY AND SHOWCASE JOHNSTON'S BUSINESSES. IN THE SUMMER THE CHAMBER HOLDS THE ANNUAL JOHNSTON GREEN DAYS FESTIVAL, WHICH INCLUDES JAMMIN' IN JOHNSTON BUSINESS EXPO, A PARADE, FIREWORKS, A CARNIVAL, AND VARIOUS OTHER ACTIVITIES. LATER IN THE SUMMER, THE ANNUAL GOLF OUTING IS HELD AS A MEANS FOR BUSINESSES TO NETWORK WITH CLIENTS AND OTHER CHAMBER MEMBER BUSINESSES. IN MAY THE ANNUAL EDUCATOR'S APPRECIATION EVENT IS HELD TO RECOGNIZE JOHNSTON SCHOOL DISTRICT STAFF AND TEACHERS' HARD WORK. AN ANNUAL DINNER IS HELD TO HONOR THE AMBASSADOR, CITIZEN AND BUSINESS OF THE YEAR.
STRENGTHEN COMMUNICATION AMONG MEMBERS AND THE COMMUNITY THROUGH WEBSITE, PROMOTIONS AT THE GREEN DAYS EVENT, INFORMATION IN MONTHLY NEWSLETTER AND THE CREATION OF NEW CHANNELS OF COMMUNICATIONS. CONNECTING MEMBERS TO THE CHAMBER THROUGH MENTORING AND COMMUNICATING EVENTS AND ACTIVITIES.
ORGANIZES ACTIVITIES DESIGNED TO HELP OUR BUSINESS MEMBERS SUCCEED AND GROW IN THE JOHNSTON COMMUNITY. WE OFFER PROFESSIONAL DEVELOPMENT AND NETWORKING ACTIVITIES THROUGH WORKSHOPS, LUNCH AND LEARN EVENTS AND OTHER ACTIVITIES TO HELP OUR MEMBERS ACHIEVE THEIR BUSINESS GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Vickery Vice Preside | OfficerTrustee | 1 | $0 |
Allan Graham President | OfficerTrustee | 1 | $0 |
Dr Eric Herrmann Secretary | OfficerTrustee | 1 | $0 |
Sharm Sisler Treasurer | OfficerTrustee | 1 | $0 |
Paula Bierle Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $61,109 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,959 |
| Total Program Service Revenue | $48,263 |
| Investment income | $769 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $159,991 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,122 |
| Pension plan accruals and contributions | $206 |
| Other employee benefits | $0 |
| Payroll taxes | $4,870 |
| Fees for services: Management | $4,198 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,086 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16 |
| Advertising and promotion | $0 |
| Office expenses | $1,844 |
| Information technology | $2,424 |
| Royalties | $0 |
| Occupancy | $10,658 |
| Travel | $0 |
| 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 | $2,221 |
| All other expenses | $14,976 |
| Total functional expenses | $181,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,295 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $146,345 |
| 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 | $36,957 |
| Total liabilities | $36,957 |
| Net assets without donor restrictions | $0 |
| 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 | $109,388 |
| Total liabilities and net assets/fund balances | $146,345 |
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