Colfax Chamber Of Commerce Inc is located in Colfax, WA. The organization was established in 1949. 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. Colfax 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 12/2023, Colfax Chamber Of Commerce Inc generated $20.6k 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 (16.9%) each year. All expenses for the organization totaled $46.6k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE CITY OF COLFAX WASHINGTON
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Young President | 0 | $0 | |
Jennifer Mccully Vice President | 0 | $0 | |
Rachel Schad Executive Dir. | 0 | $0 | |
Hannah Kuhl Treasurer | 0 | $0 | |
Alyssa Mullins Chairman | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,419 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $62 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,586 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,163 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,263 |
| Printing, publications, postage, and shipping | $1,972 |
| Other expenses | $29,184 |
| Total expenses | $46,582 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,527 |
| Other assets | $0 |
| Total assets | $95,624 |
| Total liabilities | $611 |
| Net assets or fund balances | $95,013 |