Greater Bentonville Area Chamber Of Commerce
- Assets
- $1.1m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 14
- Location
- Bentonville, AR
- Founding
- 06/1974
- Data as of
- 12/2021
- EIN
- 71-0013935
Organization Overview
Greater Bentonville Area Chamber Of Commerce is located in Bentonville, AR. The organization was established in 1974. 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, Greater Bentonville Area Chamber Of Commerce employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Bentonville Area 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, Greater Bentonville Area Chamber Of Commerce generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 4.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LEADERSHIP & BUSINESS DEVELOPMENT SERVICES TO THE BUSINESS COMMUNITY IN BENTONVILLE AND THE GREATER AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAMBER PROGRAMS CONDUCTED DURING 2021. MEMBER AND COMMUNITY ENGAGEMENT 1.6,638 REGISTERED ATTENDEES OF 35 KEY EVENTS 2. 166 NEW MEMBERS 3. 1,114 TOTAL MEMBERS 4. MORE THAN 2.5 MILLION SOCIAL MEDIA IMPRESSIONS 5. AVERAGE MONTHLY SOCIAL MEDIA AUDIENCE OF MORE THAN 20,000 6. DIRECT DIGITAL CONTACT WITH MORE THAN 5,000 UNIQUE INBOXES 7. AVERAGE MEMBERSHIP NPS OF 9.3 8. 85% MEMBERSHIP RETENTION RATE SIGNATURE EVENT STATS NWA BUSINESSWOMEN'S CONFERENCE 130.86K - TOTAL EVENT APP ENGAGEMENT 900 TOTAL ATTENDEES 85% OF THE VENDORS WERE WOMEN OR PERSONS OF COLOR OWNED. THAT'S ABOUT 58K OUT OF 73K OF OUR EXPENSES. NWA TECH SUMMIT 474.25K - TOTAL EVENT APP ENGAGEMENT MORE THAN 1,000 TOTAL ATTENDEES 168 SPEAKERS, WOMEN OR PERSONS OF COLOR NPS OF 9.0 BENTONVILLE ECONOMIC DEVELOPMENT STATS YTD 346 COMPANIES CONTACTED 29 COMPANIES LANDED 11 SITE CONSULTANTS CONTACTED 71 REMOTE WORKERS CONTACTED 212 ENTREPRENEURS ENGAGED 11 CAPITAL SOURCES ENGAGED 311 PARTNERS ENGAGED 128 BRES PERFORMED 346 DISCOVERY MEETINGS 3,500 QUALIFIED PROSPECT EMAILS COLLECTED
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Graham Cobb CEO | 40 | $179,369 | |
Bill Akins Chair | Officer | $0 | |
Kourtney Barrett Past Chair | Officer | $0 | |
Monica Kumar Incoming Cha | Officer | $0 | |
Bea Apple Director | Trustee | $0 | |
John Cowgar Secretary Tr | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $127,917 |
| 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 | $127,917 |
| Total Program Service Revenue | $1,330,621 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,458,538 |
| 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 | $745,794 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $49,830 |
| Payroll taxes | $55,314 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,013 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $104,227 |
| Advertising and promotion | $10,934 |
| Office expenses | $60,149 |
| Information technology | $6,367 |
| Royalties | $0 |
| Occupancy | $67,946 |
| Travel | $13,216 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,296 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,063 |
| Insurance | $7,964 |
| All other expenses | $3,958 |
| Total functional expenses | $1,306,346 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $836,156 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $178,927 |
| 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 | $14,309 |
| Net Land, buildings, and equipment | $49,412 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,078,804 |
| Accounts payable and accrued expenses | $21,164 |
| Grants payable | $0 |
| Deferred revenue | $228,583 |
| 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 | $249,747 |
| Net assets without donor restrictions | $829,057 |
| 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 | $1,078,804 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
National Biodiesel Board Jefferson City, MO | $12,011,947 | $15,134,555 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Nashville Downtown Partnership Inc Nashville, TN | $5,610,530 | $12,726,748 |
National Cotton Council Of America Cordova, TN | $27,244,437 | $12,698,051 |
Radio Music License Committee Brentwood, TN | $1,028,521 | $6,574,625 |