Form 990 for tax year 2023
Filed by ARTESIA CHAMBER OF COMMERCE OF ARTESIA NEW MEXICO.
Totals
- Total revenue
- $2,140,759
- Total expenses
- $2,083,714
- Contributions and grants received
- $706,616
- Grants paid
- $0
- Program service revenue
- $1,415,713
- Investment income
- $2,001
- Other revenue
- $16,429
- Total assets, end of year
- $2,500,360
- Total liabilities, end of year
- $294,517
- Net assets or fund balances, end of year
- $2,205,843
- Program services expenses (Part IX)
- $2,077,029
- Management and general expenses
- $6,685
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,077,029
Program services were 99.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$87,641
-
1e · Government grants (contributions)
$618,291
-
1f · All other contributions, gifts and grants
$684
-
2a · Program service revenue: PROGRAM REVENUE
total $1,407,731 · related or exempt $1,407,731
-
2b · Program service revenue: AVTC--RENTAL
total $7,982 · related or exempt $7,982
-
3 · Investment income
total $2,001 · excluded $2,001
-
6a · Gross rents
real property $12,600
-
6c · Rental income or loss
real property $12,600
-
6d · Net rental income or loss
total $12,600 · excluded $12,600
-
11a · Other revenue: MISCELLANEOUS RECEIPTS
total $3,829 · related or exempt $3,829
-
11e · Other revenue, total
$3,829
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $231,244 · program services $231,244
-
9 · Other employee benefits
total $7,766 · program services $7,766
-
10 · Payroll taxes
total $18,265 · program services $18,265
-
11c · Fees: accounting
total $6,078 · management and general $6,078
-
12 · Advertising and promotion
total $4,734 · program services $4,734
-
13 · Office expenses
total $19,274 · program services $19,274
-
16 · Occupancy
total $119,860 · program services $119,860
-
19 · Conferences, conventions and meetings
total $886 · program services $886
-
20 · Interest
total $237 · program services $237
-
22 · Depreciation, depletion and amortization
total $16,017 · program services $16,017
-
24a · Other expenses: DIRECT PROGRAM EXPENSES
total $1,183,750 · program services $1,183,750
-
24b · Other expenses: ECONOMIC DEVELOPMENT
total $441,793 · program services $441,793
-
24c · Other expenses: ADMINISTRATION
total $13,169 · program services $13,169
-
24d · Other expenses: EDUCATION EXPENSE
total $5,720 · program services $5,720
-
24e · All other expenses
total $14,921 · program services $14,314 · management and general $607
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,509,560 · end of year $1,586,271
-
2 · Savings and temporary cash investments
beginning of year $122,653 · end of year $480,987
-
4 · Accounts receivable
beginning of year $203,239 · end of year $53,805
-
10a · Land, buildings and equipment: cost or other basis
$822,456
-
10b · Land, buildings and equipment: accumulated depreciation
$542,288
-
10c · Land, buildings and equipment, net
beginning of year $296,185 · end of year $280,168
-
15 · Other assets
end of year $99,129
-
17 · Accounts payable and accrued expenses
beginning of year $22,169 · end of year $10,717
-
19 · Deferred revenue
beginning of year $59,782 · end of year $283,800
-
31 · Retained earnings, endowment or other funds
beginning of year $2,049,686 · end of year $2,205,843
Mission and programs · 2023
Mission
TO PROMOTE AND ADVANCE THE OVERALL AND LONG-RANGE CIVIC, COMMERCIAL, INDUSTRIAL AND AGRICULTURAL INTERESTS OF THE ARTESIA TRADE TERRITORY.
-
TO PROMOTE AND ADVANCE THE OVERALL AND LONG-RANGE CIVIC, COMMERCIAL, INDUSTRIAL AND AGRICULTURAL INTERESTS OF THE ARTESIA TRADE TERRITORY.
Expenses $2,061,012
-
TO PROMOTE AND ADVANCE THE OVERALL AND LONG-RANGE CIVIC, COMMERCIAL, INDUSTRIAL AND AGRICULTURAL INTERESTS OF THE ARTESIA TRADE TERRITORY.
Expenses $16,017
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John BainJOHN BAIN
VICE PRESIDE
- Total calculated
- $0
-
David BorgesDAVID BORGES
TREASURER
- Total calculated
- $0
-
Matt BrewerMATT BREWER
BOARD MEMBER
- Total calculated
- $0
-
Diana CrouchDIANA CROUCH
BOARD MEMBER
- Total calculated
- $0
-
Diana GarrettDIANA GARRETT
2ND VICE PRE
- Total calculated
- $0
-
Travis GibbTRAVIS GIBB
BOARD MEMBER
- Total calculated
- $0
-
Ross HornerROSS HORNER
BOARD MEMBER
- Total calculated
- $0
-
Darian JaramilloDARIAN JARAMILLO
BOARD MEMBER
- Total calculated
- $0
-
Hayley KleinHAYLEY KLEIN
EXECUTIVE DI
- Total calculated
- $0
-
Tim KunkelTIM KUNKEL
BOARD MEMBER
- Total calculated
- $0
-
Chris KuykendallCHRIS KUYKENDALL
BOARD MEMBER
- Total calculated
- $0
-
Trinidad MaloneTRINIDAD MALONE
BOARD MEMBER
- Total calculated
- $0
-
Jerry MathewsJERRY MATHEWS
PRESIDENT
- Total calculated
- $0
-
Wade NelsonWADE NELSON
IMMEDIATE PA
- Total calculated
- $0
-
Kim SalgadoKIM SALGADO
BOARD MEMBER
- Total calculated
- $0
-
Tommy VegaTOMMY VEGA
BOARD MEMBER
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541359349306999
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