Marshall County Chamber Of Commerce is located in Madill, OK. Marshall County 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, Marshall County Chamber Of Commerce generated $51.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $54.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY ACTIVITIES
Describe the Organization's Program Activity:
Part 3
MEMBERSHIP DUES, BANQUET, LIVESTOCK SHOW, SILENT AUCTION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Herndon President | 2 | $0 | |
Kalynne Johnson Director-Board Member-Employee | 20 | $0 | |
Kim Reid Treasurer | 1 | $0 | |
Donny Raley Board Member | 1 | $0 | |
Crystal Osteen Board Member | 1 | $0 | |
Chad Taylor Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $25,823 |
| Investment income | $108 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,641 |
| Other Revenue | $11,811 |
| Total Revenue | $51,383 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,210 |
| Professional fees and other payments to independent contractors | $2,310 |
| Occupancy, rent, utilities, and maintenance | $7,631 |
| Printing, publications, postage, and shipping | $1,966 |
| Other expenses | $24,131 |
| Total expenses | $54,248 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,201 |
| Other assets | $0 |
| Total assets | $199,146 |
| Total liabilities | $0 |
| Net assets or fund balances | $199,146 |