Mena-Polk County Area Chamber Of Commerce Inc is located in Mena, AR. The organization was established in 1992. 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. Mena-Polk County Area 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, Mena-Polk County Area Chamber Of Commerce Inc generated $109.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $136.9k during the year ending 12/2023. While expenses have increased by 12.0% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OPERATED & SUPPORTED VARIOUS ACTIVITIES DURING 2023 WHICH WERE BENEFICIAL FOR PROMOTING THE AREA & LOCAL BUSINESSES INCLUDING ROD RUN, MUSIC ON MAIN, & OTHER COMMUNITY EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amisha Mosley Vice President | 1 | $0 | |
Jessica Smith Secretary | 1 | $0 | |
Allie Hobson Co-Treasurer | 3 | $0 | |
David Maxwell President | 1 | $0 | |
John Larucci Board Member | 1 | $0 | |
Meagan Davis Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $200 |
| Total Program Service Revenue | $55,587 |
| Membership dues | $52,897 |
| Investment income | $704 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $526 |
| Other Revenue | $0 |
| Total Revenue | $109,914 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,749 |
| Professional fees and other payments to independent contractors | $3,082 |
| Occupancy, rent, utilities, and maintenance | $2,400 |
| Printing, publications, postage, and shipping | $735 |
| Other expenses | $72,949 |
| Total expenses | $136,915 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,019 |
| Other assets | $0 |
| Total assets | $58,319 |
| Total liabilities | $1,013 |
| Net assets or fund balances | $57,306 |