Dumas Chamber Of Commerce Inc
- Assets
- $66.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dumas, AR
- Founding
- 05/1989
- Data as of
- 12/2023
- EIN
- 71-0568395
Organization Overview
Dumas Chamber Of Commerce Inc is located in Dumas, AR. The organization was established in 1989. 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. Dumas 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, Dumas Chamber Of Commerce Inc generated $45.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $46.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) 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 PRIMARY EXEMPT PURPOSE IS TO PROMOTE THE CITY, COMMUNITY, AND BUSINESSES LOCATED IN DUMAS. WE ALSO ASSIST IN BRING NEW BUSINESS TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Day Director | 40 | $26,958 | |
Annette Cowen Secretary Treasurer | 1 | $0 | |
Linda Weatherford President | 10 | $0 | |
Christina Rainey Vice-Pres | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,629 |
| Investment income | $851 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,912 |
| Other Revenue | $6,100 |
| Total Revenue | $44,992 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,906 |
| Professional fees and other payments to independent contractors | $1,525 |
| Occupancy, rent, utilities, and maintenance | $11,278 |
| Printing, publications, postage, and shipping | $490 |
| Other expenses | $2,877 |
| Total expenses | $46,876 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,069 |
| Other assets | $0 |
| Total assets | $66,845 |
| Total liabilities | $655 |
| Net assets or fund balances | $66,190 |