Glendive Chamber Of Commerce & Agriculture
- Assets
- $317.7k
- Revenue
- $253.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Glendive, MT
- Founding
- 10/1948
- Data as of
- 12/2021
- EIN
- 81-0140205
Organization Overview
Glendive Chamber Of Commerce & Agriculture is located in Glendive, MT. The organization was established in 1948. 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, Glendive Chamber Of Commerce & Agriculture employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glendive Chamber Of Commerce & Agriculture 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, Glendive Chamber Of Commerce & Agriculture generated $253.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $189.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
THE GLENDIVE AREA CHAMBER OF COMMERCE & AGRICULTURE IS DEDICATED TO PROMOTING BUSINESS, TOURISM, QUALITY OF LIFE AND ECONOMIC DEVELOPMENT THROUGH LOCAL BUSINESS ALLIANCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTED MEMBERS AND COMMUNITY EVENTS MONTHLY WITH CHAMBER CHATTER. PROMOTED THE AREA BY HOSTING HOSTING THE CHAMBER BANQUET, MAKOSHIKA BASKETBALL TOURNAMENT, COMMUNITY BBQ, SPRING FLING TRADE SHOW, AND AGRICULTURAL APPRECIATION BANQUET. SUPPORTED NUMEROUS NON-PROFIT ORGANIZATIONS WITH THEIR EVENTS TO INCLUDE THE MISS MONTANA PROGRAM.
CAVIAR HARVEST PROGRAM PROVIDES AN INFLUX OF BUSINESS TO THE GLENDIVE AREA AND PROVIDES GRANTS FOR COMMUNITY DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katelynne Eslick First Vice President | Officer | 1 | $0 |
Dara Deines Secretary | Officer | 1 | $0 |
Denny Malone President | Officer | 1 | $0 |
Christie Bury 2nd Vice President | Officer | 1 | $0 |
Kara Schultz Director | Trustee | 1 | $0 |
Teresa Olson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $26,450 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,950 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,747 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,147 |
| Total Program Service Revenue | $190,270 |
| Investment income | $19 |
| 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 | $253,782 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,500 |
| 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 | $28,734 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,195 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,642 |
| Office expenses | $2,793 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,470 |
| Travel | $57 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,954 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,471 |
| Insurance | $2,104 |
| All other expenses | $545 |
| Total functional expenses | $189,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,860 |
| Savings and temporary cash investments | $78,323 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,500 |
| 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 | $150 |
| Net Land, buildings, and equipment | $93,823 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $317,656 |
| Accounts payable and accrued expenses | $2,030 |
| Grants payable | $12,750 |
| Deferred revenue | $0 |
| 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 | $33,457 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $48,237 |
| Net assets without donor restrictions | $0 |
| 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 | $269,419 |
| Total liabilities and net assets/fund balances | $317,656 |
Grants Awarded
Over the last fiscal year, Glendive Chamber Of Commerce & Agriculture has awarded $43,368 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
EVELYN CAMERON HERITAGE INC PURPOSE: BATHROOM ADDITION | $7,500 |
TOWN OF MEDICINE LAKE PURPOSE: SAVE THE MEDICINE LAKE POOL | $6,500 |
WESTBY DEVELOPMENT CORP PURPOSE: WESTBY PARK PLAYGROUND IMPROVEMENT | $3,899 |
DAWSON COUNTY FAIRGROUNDS PURPOSE: SOUND SYSTEM | $3,000 |
GLENDIVE LEGION BASEBALL PURPOSE: EQUIPMENT AND BACKSTOP | $2,500 |
CIRCLE SCHOOLS PURPOSE: FOOTBALL FIELD RENOVATION | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Sioux Falls Chamber Of Commerce Sioux Falls, SD | $10,050,793 | $7,933,347 |
American Simmental Association Bozeman, MT | $18,730,338 | $6,575,498 |
Wyoming Chambers Health Benefit Association Gillette, WY | $3,153,493 | $5,111,173 |
Lignite Energy Council Bismarck, ND | $4,866,875 | $4,452,905 |
National Association Of Tower Erectors Watertown, SD | $8,490,002 | $4,294,406 |
Cheyenne Leads Cheyenne, WY | $28,201,578 | $5,161,104 |
The Chamber Fargo Moorhead West Fargo Fargo, ND | $4,165,478 | $3,579,587 |
North Dakota Petroleum Council Inc Bismarck, ND | $7,053,440 | $4,010,483 |
Visit Rapid City Rapid City, SD | $2,991,953 | $3,408,774 |
Billings Chamber Of Commerce Billings, MT | $1,283,550 | $2,461,660 |
Sun Valley Marketing Alliance Inc Ketchum, ID | $1,577,529 | $2,909,558 |
Minot Chamber Of Commerce Minot, ND | $9,669,464 | $3,024,271 |