Moscow Chamber Of Commerce Inc
- Assets
- $132.3k
- Revenue
- $437.7k
- Investments
- $0.0
- Employees
- 8
- Location
- Moscow, ID
- Founding
- 05/1945
- Data as of
- 06/2022
- EIN
- 82-0146285
Organization Overview
Moscow Chamber Of Commerce Inc is located in Moscow, ID. The organization was established in 1945. 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 06/2022, Moscow Chamber Of Commerce Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moscow 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 06/2022, Moscow Chamber Of Commerce Inc generated $437.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $398.9k during the year ending 06/2022. While expenses have increased by 8.1% per year over the past 7 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 MOSCOW CHAMBER OF COMMERCE'S MISSION IS TO STRENGTHEN, PROMOTE, AND LEAD THE BUSINESS AND ECONOMIC COMMUNITY AND SUPPORT THE FREE ENTERPRISE SYSTEM WHILE PRESERVING AND ENHANCING THE QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MOSCOW CHAMBER OF COMMERCE'S MISSION IS TO STRENGTHEN, PROMOTE, AND LEAD THE BUSINESS AND ECONOMIC COMMUNITY AND SUPPORT THE FREE ENTERPRISE SYSTEM WHILE PRESERVING AND ENHANCING THE QUALITY OF LIFE. THE CHAMBER OF COMMERCE IS THE ORGANIZATION NEEDED IN THE MOSCOW, IDAHO COMMUNITY THAT IS NEEDED FOR PROMOTION, INFORMATION, EDUCATION, AND NETWORKING.PROMOTIONTHE MOSCOW CHAMBER OF COMMERCE WORKS FOR REFERRALS OF MEMBER BUSINESSES TO PEOPLE NEEDING GOODS AND SERVICES IN THE MOSCOW AREA THROUGH TELEPHONE CONTACT WITH STAFF, E-MAIL, ONLINE, AND THE MEMBER BUSINESS DIRECTORY.EVENTS AND BUSINESS PROMOTIONS THROUGH ECONOMICAL ADVERTISING IN THE CHAMBER BUSINESS JOURNAL, VISITOR GUIDES, AND RELOCATION KITS.INFORMATIONCURRENT ISSUES OF INTEREST TO THE COMMUNITY TACKLED BY THE MONTHLY BUSINESS FORUMS.A UNIQUE TWO-DAY INTERACTIVE EDUCATIONAL EXPERIENCE THROUGH THE ANNUAL LEGISLATIVE TOUR, WHICH BRINGS MEMBERS TO BOISE DURING THE LEGISLATIVE SEASON TO MEET WITH CHIEF ELECTED OFFICIALS, AGENCY STAFF, AND LEGISLATORS.TOURISM AND GROUP EVENTS IN THE CHAMBER AND SATELLITE VISITOR INFORMATION SITES.FREQUENT INFORMATIVE COMMUNICATIONS AND THE MONTHLY CHAMBER BUSINESS JOURNAL.NETWORKINGOPPORTUNITIES TO MAKE CONTACTS THROUGH CHAMBER FUNCTIONS SUCH AS BUSINESS FORUMS, BUSINESS AFTER HOURS, THE ANNUAL CHAMBER AUCTION, AND OTHER EVENTS.INTRODUCTION TO THE COMMUNITY THROUGH A NEW MEMBER FEATURE ARTICLE IN THE NEWSLETTER AND ABILITY TO EXPAND CONTACTS AND CLIENTS THROUGH DISPLAY OF COMPANY BROCHURES AND BUSINESS CARDS IN THE CHAMBER VISITOR CENTER.INTERACTION WITH NEIGHBORING COMMUNITIES IN NORTH IDAHO AND EASTERN WASHINGTON THROUGH ALLIANCES WITH CHAMBER AND ECONOMIC DEVELOPMENT GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samantha Martinet Executive Secretary | 40 | $68,916 | |
Traci Hacker Director | Officer | 2 | $0 |
Erin Tomlin Director | Officer | 1 | $0 |
Melinda Schab President | Officer | 1 | $0 |
Cherri Gentry Secretary | Officer | 1 | $0 |
Stefan Yauchzee Vice President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $166,006 |
| 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 | $166,006 |
| Total Program Service Revenue | $271,658 |
| Investment income | $0 |
| 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 | $437,664 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $60,000 |
| Compensation of current officers, directors, key employees. | $9,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $69,157 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,578 |
| Payroll taxes | $10,956 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,522 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,705 |
| Office expenses | $11,368 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $3,083 |
| 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 | $0 |
| Insurance | $7,734 |
| All other expenses | $7,829 |
| Total functional expenses | $398,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,138 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $52,634 |
| Accounts receivable, net | $2,527 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $132,299 |
| Accounts payable and accrued expenses | $643 |
| Grants payable | $0 |
| Deferred revenue | $57,061 |
| 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 | $4,068 |
| Total liabilities | $61,772 |
| Net assets without donor restrictions | $70,527 |
| 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 | $132,299 |
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