Ashland Chamber Of Commerce Inc
- Assets
- $628.1k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Ashland, OR
- Founding
- 10/1948
- Data as of
- 06/2024
- EIN
- 93-0115140
Organization Overview
Ashland Chamber Of Commerce Inc is located in Ashland, OR. The organization was established in 1948. 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 06/2024, Ashland Chamber Of Commerce Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashland 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 06/2024, Ashland Chamber Of Commerce Inc generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $966.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF BUSINESS AND TOURISM FOR CITY OF ASHLAND
Describe the Organization's Program Activity:
Part 3 - Line 4a
FESTIVAL OF LIGHTS WINTER MARKETING DURING HOLIDAY SEASON 4TH OF JULY PARADE FIREWORKS CRAFT FOOD BOOTHS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Slattery Executive Director | Officer | 40 | $159,600 |
Greg White President | OfficerTrustee | 2 | $0 |
Dr Casey Shillam Director | OfficerTrustee | 2 | $0 |
Deena Branson Director | OfficerTrustee | 2 | $0 |
Jordan Pease Director | OfficerTrustee | 2 | $0 |
Eric Hansen Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $103,657 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $517,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $45,716 |
| Noncash contributions included in lines 1a–1f | $30,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $666,373 |
| Total Program Service Revenue | $271,118 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,019,187 |
| 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. | $159,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $203,233 |
| Pension plan accruals and contributions | $32,422 |
| Other employee benefits | $659 |
| Payroll taxes | $30,154 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,076 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $140,396 |
| Office expenses | $20,602 |
| Information technology | $37,836 |
| Royalties | $0 |
| Occupancy | $35,607 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,058 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $420 |
| Insurance | $11,098 |
| All other expenses | $77,947 |
| Total functional expenses | $966,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,795 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $331,267 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,213 |
| Prepaid expenses and deferred charges | $348 |
| Net Land, buildings, and equipment | $14,913 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,590 |
| Other assets | $0 |
| Total assets | $628,126 |
| Accounts payable and accrued expenses | $105,022 |
| 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 | $143,080 |
| Other liabilities | $61,775 |
| Total liabilities | $309,877 |
| Net assets without donor restrictions | $0 |
| 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 | $318,249 |
| Total liabilities and net assets/fund balances | $628,126 |