Bremerton Chamber Of Commerce
- Assets
- $305.3k
- Revenue
- $285.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Bremerton, WA
- Founding
- 12/1939
- Data as of
- 12/2021
- EIN
- 91-0153620
Organization Overview
Bremerton Chamber Of Commerce is located in Bremerton, WA. The organization was established in 1939. 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 12/2021, Bremerton Chamber Of Commerce employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bremerton 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 12/2021, Bremerton Chamber Of Commerce generated $285.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $159.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BREMERTON AREA CHAMBER OF COMMERCE PROMOTES MEMBER BUSINESSES AND PROVIDES LEADERSHIP TO ENHANCE A POSITIVE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE BUWSINESS, CIVIC, CULTURAL, EDUCATIONAL, ARMED FORCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Arthur Director | Trustee | 1 | $0 |
Tom Brobst Director | Trustee | 1 | $0 |
Tiffany Desaveur Treasurer | Trustee | 1 | $0 |
David Emmons Incumbent Pr | OfficerTrustee | 1 | $0 |
Katrina Fulkerson Director | Trustee | 1 | $0 |
Tiana Klieinhoff Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $151,831 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,854 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,685 |
| Total Program Service Revenue | $0 |
| Investment income | $514 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $17,319 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $285,193 |
| 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 | $40,953 |
| Other salaries and wages | $40,543 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,649 |
| Payroll taxes | $8,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,059 |
| Office expenses | $50 |
| Information technology | $9,742 |
| Royalties | $0 |
| Occupancy | $28,935 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,550 |
| Interest | $1,850 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,049 |
| Insurance | $2,780 |
| All other expenses | $124 |
| Total functional expenses | $159,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,200 |
| Savings and temporary cash investments | $51,430 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $103,822 |
| 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 | $41,256 |
| Investments—publicly traded securities | $2,053 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,575 |
| Total assets | $305,336 |
| Accounts payable and accrued expenses | $13,348 |
| 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 | $0 |
| Total liabilities | $13,348 |
| Net assets without donor restrictions | $291,988 |
| 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 | $305,336 |