Ballard Chamber Of Commerce And Tourism Llc is located in Lacenter, KY. 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. Ballard Chamber Of Commerce And Tourism Llc 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, Ballard Chamber Of Commerce And Tourism Llc generated $29.4k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $29.0k 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
TO PROMOTE BUSINESSES IN BALLARD COUNTY, KENTUCKY AND TO SUPPORT GROWTH IN OUR COMMUNITY THROUGH OUR SCHOOLS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Hobbs Adm Ofc Mgr | 20 | $7,200 | |
Hannah Chretien Director | 20 | $6,800 | |
Lindsey Bowles Executive Dir. | 20 | $500 | |
Peggy Meriedeth President | 0 | $0 | |
Rodney Hill Vice President | 0 | $0 | |
Cole Arnel Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,501 |
| Total Program Service Revenue | $18,834 |
| Membership dues | $0 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,381 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,984 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,780 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,202 |
| Total expenses | $28,966 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,266 |
| Other assets | $0 |
| Total assets | $37,736 |
| Total liabilities | $18,878 |
| Net assets or fund balances | $18,858 |