Mountain Home Chamber Foundation Inc is located in Mountain Home, AR. The organization was established in 1990. 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. Mountain Home Chamber Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 02/2020, Mountain Home Chamber Foundation Inc generated $62.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $83.6k during the year ending 02/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PROMOTED AND ASSISTED PUBLIC SCHOOL SYSTEMS IN AND AROUND BAXTER COUNTY, AR. WORKED TO ADVANCE PUBLIC EDUCATIONAL PROGRAMS RELATING TO LOCAL AND COMMUNITY PROBLEMS. PUT ON A FIREWORKS SHOW TO PROMOTE THE COMMUNITY. ASSISTED IN THE ECONOMIC DEVELOPMENT OF THE LOCAL COMMUNITY. HELD THE ANNUAL RED WHITE AND BLUE FIREWORKS SHOW AND FESTIVAL.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Ballard President | 0 | $0 | |
Jackie Morrison Treasurer | 0 | $0 | |
Roger Morgan Vice Preside | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,331 |
| Total Program Service Revenue | $15,761 |
| Membership dues | $0 |
| Investment income | $966 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,058 |
| Statement of Expenses | |
|---|---|
| Total expenses | $83,631 |
| Balance Sheet | |
|---|---|
| Total assets | $51,502 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,502 |