Elma Chamber Of Commerce is located in Elma, WA. The organization was established in 1944. 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. Elma 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 12/2022, Elma Chamber Of Commerce generated $91.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $89.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 8 years. 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
DEDICATED TO WORKING TOGETHER TO CREATE A SOUND ECOMOMIC BASE FOR LOCAL BUSINESSES THAT WILL ENHANCE AND GROW THE COMMUNITY OF ELMA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Junelle Beauregard Secretary | 0 | $0 | |
Dr Sonnya Wilkins Director | 0 | $0 | |
Lacey Kingery Treasurer | 0 | $0 | |
Dee Depoe Director | 0 | $0 | |
Rick Jensen Vice President | 0 | $0 | |
Bernadette Bower Past President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,682 |
| Total Program Service Revenue | $45,075 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,322 |
| Total Revenue | $91,079 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,515 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,051 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,586 |
| Total expenses | $89,152 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,157 |
| Other assets | $0 |
| Total assets | $51,157 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,157 |