Greater Sandpoint Chamber Of Commerce Inc
- Assets
- $141.6k
- Revenue
- $351.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Sandpoint, ID
- Founding
- 03/1979
- Data as of
- 09/2022
- EIN
- 82-0186034
Organization Overview
Greater Sandpoint Chamber Of Commerce Inc is located in Sandpoint, ID. The organization was established in 1979. 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 09/2022, Greater Sandpoint Chamber Of Commerce Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Sandpoint 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 09/2022, Greater Sandpoint Chamber Of Commerce Inc generated $351.3k 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 (4.5%) each year. All expenses for the organization totaled $335.4k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
VOLUNTARY MEMBERSHIP ORGANIZATION, SERVING OVER 400 MEMBERS, TO HELP, PROMOTE, SUPPORT, AND DEVELOP THE BUSINESS COMMUNITY IN THE GREATER SANDPOINT REGION. THE MISSION OF THE CHAMBER IS TO BE AN ADVOCATE OF BUSINESS DEVELOPMENT AND TOURISM FOR THE GREATER SANDPOINT AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOURISM: FUNDED BY GRANT REVENUE TO PROMOTE TOURISM FOR LOCAL BUSINESSES IN THE GREATER SANDPOINT AREA BY PROVIDING NATIONAL, INTERNATIONAL AND REGIONAL ADVERTISING OPPORTUNITIES.
VISITOR CENTER: FIELDED TELEPHONE CALLS AND VISITOR INQUIRIES REGARDING SANDPOINT FROM PERSONS WANTING VISITOR, RELOCATION, EMPLOYMENT AND BUSINESS RELOCATION INFORMATION. OPERATED INFORMATION CENTER TO PROMOTE TOURISM.
COMMITTEES/PROGRAMS: CHAMBER AMBASSADORS AND EVENTS COMMITTEE PROMOTE BUSINESSES AND ECONOMIC VITALITY IN THE AREA. LEADERSHIP SANDPOINT IS A PROGRAM DEDICATED TO IDENTIFYING AND TRAINING LOCAL BUSINESS LEADERS AND ENCOURAGING COMMUNITY PARTICIPATION TO SUSTAIN OUR COMMUNITIES.
OTHER FUNDRAISING ACTIVITIES: THE CHAMBER SPONSORS THREE LARGE EVENTS IN THE COMMUNITY TO PROMOTE LOCAL BUSINESSES AND TO BRING IN VISITORS TO ADD TO THE ECONOMIC VITALITY. THE EVENTS ARE SUMMER SAMPLER, SANDPOINT BEERFEST AND THE ANNUAL CHRISTMAS TREE LIGHTING THE DAY AFTER THANKSGIVING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Dunbar Secretary | OfficerTrustee | 2 | $0 |
Andy Gion Treasurer | OfficerTrustee | 2 | $0 |
Stephanie Rief Chair | OfficerTrustee | 2 | $0 |
Bob Witte Past Chair | OfficerTrustee | 2 | $0 |
Shannon Barnes Member At La | Trustee | 2 | $0 |
Deanna Harris Member At La | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $112,104 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $207,471 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,067 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $325,642 |
| Total Program Service Revenue | $15,278 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,978 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $384 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $351,290 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,373 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,855 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27 |
| Fees for services: Accounting | $7,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $195,347 |
| Office expenses | $3,676 |
| Information technology | $1,968 |
| Royalties | $0 |
| Occupancy | $17,431 |
| Travel | $293 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,006 |
| Interest | $3,279 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,154 |
| Insurance | $3,292 |
| All other expenses | $3,985 |
| Total functional expenses | $335,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,114 |
| Savings and temporary cash investments | $3,015 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $49,445 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $141,574 |
| Accounts payable and accrued expenses | $598 |
| Grants payable | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $53,438 |
| Total liabilities | $54,036 |
| Net assets without donor restrictions | $87,538 |
| 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 | $141,574 |
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