Greater Boise Chamber Of Commerce
- Assets
- $3.4m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 32
- Location
- Boise, ID
- Founding
- 03/1942
- Data as of
- 12/2022
- EIN
- 82-0100595
Organization Overview
Greater Boise Chamber Of Commerce is located in Boise, ID. The organization was established in 1942. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Greater Boise Chamber Of Commerce employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Boise 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, Greater Boise Chamber Of Commerce generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $5.2m during the year ending 12/2022. While expenses have increased by 7.9% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BOISE METRO CHAMBER OF COMMERCE IS THE PRINCIPAL ADVOCATE FOR THE BUSINESS COMMUNITY DEDICATED TO BUILDING PROSPERITY IN THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOISE VALLEY ECONOMIC PARTNERSHIP: ALL MEMBERS BENEFITED FROM PROGRAMS TO RETAIN EMPLOYERS IN THE MARKET AREA AND ATTRACT EMPLOYERS TO STRENGTHEN THE LOCAL ECONOMY.
MEMBERSHIP SERVICES: ALL MEMBERS BENEFITED FROM WORK THAT WAS DONE TO STRENGTHEN THE MEMBERSHIP. SERVICES INCLUDED SEMINARS AND WORKSHOPS, NETWORKING AND SALES OPPORTUNITIES AND GENERAL MEMBERSHIP INFORMATIONAL MEETINGS.
GOVERNMENT AFFAIRS: THIS AREA BENEFITED THE ENTIRE MEMBERSHIP BY REPRESENTING THEIR INTERESTS ON BUSINESS ISSUES BEFORE THE STATE LEGISLATURE AS WELL AS THE LOCAL GOVERNMENT.
BOISE CONVENTION AND VISITORS BUREAU: TO ENHANCE THE CITY OF BOISE'S ECONOMY THROUGH THE MARKETING, PROMOTION AND SELLING OF THE CITY AND REGION AS A SITE FOR CONVENTIONS, CORPORATE MEETINGS, TRADE SHOWS, LEISURE TRAVEL, CULTURAL, SPORTS AND SPECIAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Connors President & CEO | Officer | 40 | $288,856 |
Clark Krause Executive Director, Bvep | Officer | 40 | $205,340 |
Sandy Andersen Vice President, Member Ser | Officer | 40 | $130,373 |
Carrie Westergard Executive Director, Bcvb | Officer | 40 | $124,644 |
Debra Hackler CFO | Officer | 40 | $120,120 |
Jeremy Field Senior Director, Governmen | Officer | 40 | $50,328 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $261,900 |
| Related organizations | $0 |
| Government grants | $2,256,525 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,518,425 |
| Total Program Service Revenue | $2,716,909 |
| Investment income | $4,031 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$637 |
| Net Income from Fundraising Events | -$34,199 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,301,196 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $844 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,009,641 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,260,349 |
| Pension plan accruals and contributions | $41,675 |
| Other employee benefits | $102,406 |
| Payroll taxes | $151,692 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,594 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,828 |
| Advertising and promotion | $1,093,222 |
| Office expenses | $132,849 |
| Information technology | $142,538 |
| Royalties | $0 |
| Occupancy | $191,802 |
| Travel | $335,119 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,988 |
| Insurance | $21,511 |
| All other expenses | $0 |
| Total functional expenses | $5,154,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,197,491 |
| Savings and temporary cash investments | $1,922,241 |
| Pledges and grants receivable | $72,507 |
| Accounts receivable, net | $24,199 |
| 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 | $145,531 |
| Net Land, buildings, and equipment | $82,293 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,444,262 |
| Accounts payable and accrued expenses | $169,175 |
| Grants payable | $0 |
| Deferred revenue | $919,513 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,088,688 |
| Net assets without donor restrictions | $2,355,574 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,444,262 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Boise Chamber Of Commerce has recieved totaling $100,400.
| Awarding Organization | Amount |
|---|---|
St Lukes Health System Ltd Boise, ID PURPOSE: Support Boise Metro Chamber of Commerce | $100,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seattle-King County Convention And Visitors Bureau Seattle, WA | $9,612,015 | $12,509,131 |
Park City Area Chamber Of Commerce Convention & Visitors Buerau Park City, UT | $9,039,229 | $12,386,201 |
Western United States Agricultural Trade Association Vancouver, WA | $8,949,340 | $8,386,044 |
Greater Las Vegas Chamber Of Commerce Inc Las Vegas, NV | $11,964,032 | $6,654,752 |
Washington Association Of Realtors Olympia, WA | $17,163,792 | $6,357,823 |
Greater Boise Chamber Of Commerce Boise, ID | $3,444,262 | $5,301,196 |
Travel Salem Salem, OR | $3,237,636 | $5,433,877 |
Salt Lake Area Chamber Of Commerce Salt Lake City, UT | $6,300,814 | $5,364,414 |
Pacific Lumber Inspection Bureau Federal Way, WA | $3,862,387 | $4,417,361 |
Yellowstone Country Montana Inc Bozeman, MT | $39,571 | $2,349,063 |
Economic Development Authority Of Western Nevada Reno, NV | $1,155,384 | $2,792,474 |
Tri-Cities Visitor & Convention Bureau Kennewick, WA | $3,619,128 | $3,350,162 |