Springville Chamber Of Commerce
- Assets
- $64.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springville, UT
- Founding
- 05/1945
- Data as of
- 12/2023
- EIN
- 87-0178682
Organization Overview
Springville Chamber Of Commerce is located in Springville, UT. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springville 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 12/2023, Springville Chamber Of Commerce generated $56.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $78.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Bott CEO | 30 | $37,440 | |
Jessica Devenish Past Preside | 2 | $0 | |
Nannette Jackson Sec/treas | 3 | $0 | |
Brian Johnson President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $41,666 |
| Investment income | $417 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,583 |
| Other Revenue | $6,496 |
| Total Revenue | $56,162 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,313 |
| Professional fees and other payments to independent contractors | $2,253 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $57 |
| Other expenses | $35,720 |
| Total expenses | $78,343 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,600 |
| Other assets | $0 |
| Total assets | $64,600 |
| Total liabilities | $0 |
| Net assets or fund balances | $64,600 |