Polson Chamber Of Commerce
- Assets
- $173.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Polson, MT
- Founding
- 11/1987
- Data as of
- 12/2022
- EIN
- 81-0183987
Organization Overview
Polson Chamber Of Commerce is located in Polson, MT. The organization was established in 1987. 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. Polson 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, Polson Chamber Of Commerce generated $80.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $54.3k during the year ending 12/2022. 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 Program Activity:
Part 3
COST OF MAINTAINING CHAMBER OFFICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Lynn Lapotka Director | 1 | $0 | |
Joslyn Shackelford Director | 1 | $0 | |
Launa Benson Director | 1 | $0 | |
Carmen Burke Director | 5 | $0 | |
Laura Burland Treasurer | 2 | $0 | |
Louis Cross President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,945 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $174 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,221 |
| Other Revenue | $0 |
| Total Revenue | $80,340 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,572 |
| Professional fees and other payments to independent contractors | $290 |
| Occupancy, rent, utilities, and maintenance | $11,258 |
| Printing, publications, postage, and shipping | $1,100 |
| Other expenses | $22,075 |
| Total expenses | $54,295 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,548 |
| Other assets | $0 |
| Total assets | $172,968 |
| Total liabilities | $5,298 |
| Net assets or fund balances | $167,670 |