Form 990 for tax year 2022
Filed by IOWA CITY AREA CHAMBER OF COMMERCE.
Totals
- Total revenue
- $824,638
- Total expenses
- $838,107
- Contributions and grants received
- $28,914
- Grants paid
- $0
- Program service revenue
- $787,735
- Investment income
- $7,989
- Other revenue
- $0
- Total assets, end of year
- $911,939
- Total liabilities, end of year
- $679,558
- Net assets or fund balances, end of year
- $232,381
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
1f · All other contributions, gifts and grants
$28,914
-
1g · Noncash contributions included above
$20,220
-
2a · Program service revenue: DUES
total $543,394 · related or exempt $543,394
-
2b · Program service revenue: SPONSORSHIP REVENUE
total $147,725 · related or exempt $147,725
-
2c · Program service revenue: SPECIAL PROJECTS / EVE
total $96,616 · related or exempt $96,616
-
3 · Investment income
total $7,989 · excluded $7,989
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $116,126
-
7 · Other salaries and wages
total $334,113
-
8 · Pension plan contributions
total $12,877
-
9 · Other employee benefits
total $45,981
-
10 · Payroll taxes
total $37,589
-
11c · Fees: accounting
total $18,696
-
11g · Fees: other
total $6,910
-
12 · Advertising and promotion
total $41,784
-
13 · Office expenses
total $17,316
-
16 · Occupancy
total $44,015
-
20 · Interest
total $6
-
22 · Depreciation, depletion and amortization
total $10,702
-
23 · Insurance
total $6,492
-
24a · Other expenses: SPECIAL PROJECTS AND EV
total $127,562
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $17,331
-
24c · Other expenses: MERGER EXPENSES
total $334
-
24d · Other expenses: 2021 FORM 990-T TAX
total $168
-
24e · All other expenses
total $105
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $152,781
-
2 · Savings and temporary cash investments
beginning of year $538,581 · end of year $399,065
-
4 · Accounts receivable
beginning of year $286,323 · end of year $318,507
-
9 · Prepaid expenses and deferred charges
beginning of year $19,494 · end of year $18,531
-
10a · Land, buildings and equipment: cost or other basis
$83,133
-
10b · Land, buildings and equipment: accumulated depreciation
$60,078
-
10c · Land, buildings and equipment, net
beginning of year $33,038 · end of year $23,055
-
17 · Accounts payable and accrued expenses
beginning of year $25,455 · end of year $43,452
-
19 · Deferred revenue
beginning of year $606,131 · end of year $636,106
-
27 · Net assets without donor restrictions
beginning of year $245,850 · end of year $232,381
Mission and programs · 2022
Mission
THE IOWA CITY AREA CHAMBER OF COMMERCE ACTIVELY FOSTERS A BETTER BUSINESS ENVIRONMENT THROUGH COMMUNITY AND ECONOMIC DEVELOPMENT, MEMBER SERVICES AND PUBLIC POLICY ADVOCACY. WE CAN HELP YOU MAKE MONEY, SAVE TIME, BUILD COMMUNITY AND STAY INFORMED.
Activities or mission (Part I)
THE IOWA CITY AREA CHAMBER OF COMMERCE ACTIVELY FOSTERS A BETTER BUSINESS ENVIRONMENT.
-
ADVOCACY: WE ARE THE LOCAL VOICE OF BUSINESSES IN JOHNSON COUNTY. WEWORK ON BEHALF OF OUR MEMBERS TO ADDRESS ISSUES AT LOCAL, STATE ANDFEDERAL LEVELS. OUR LEGISLATIVE PRIORITIES FOCUS OUR EFFORTS EACH YEAR.MEET ELECTED OFFICIALS AND CANDIDATES AT MEMBER EXCLUSIVE FORUMS &RECEPTIONS. LET YOUR CHAMBER STAFF WORK ON YOUR BEHALF ONBUSINESS-FRIENDLY LOCAL AND STATE LEGISLATION. EXPAND YOUR KNOWLEDGE OFLOCAL ISSUES BY ATTENDING LOCAL GOVERNMENT AFFAIRS COMMITTEE MEETINGS.JOIN US AT THE CAPITOL TO MEET INFLUENTIAL POLICY MAKERS AND SHARE YOURPERSPECTIVE.
-
CONNECTIONS: THE BEST WAY TO STAY CONNECTED TO THE CHAMBER IS TO FOLLOWOUR COMMUNICATIONS. THESE WILL ALERT YOU TO NETWORKING EVENTS,LEADERSHIP OPPORTUNITIES, LEGISLATIVE NEWS AND MUCH MORE! UPDATEMEMBERS ON YOUR BUSINESS OVER LUNCH AT ROUNDTABLES. EXPAND YOURCONTACTS AT MONTHLY BUSINESS PMS. BUILD YOUR BUSINESS THROUGH CHAMBERONLINE AND FRONT DESK REFERRALS. LET YOUR CHAMBER STAFF CONNECT YOU TORESOURCES WITH JUST A PHONE CALL.
-
EDUCATION: THE CHAMBER HELPS PREPARE FUTURE EMPLOYEES BY ADVOCATING FOREDUCATION FUNDING AND LEADING COMMUNITY INITIATIVES THAT ADDRESSSPECIFIC EDUCATION ISSUES. OUR EDUCATION FOCUSED EVENTS LIKE EXCELLENCEIN EDUCATION AWARDS CEREMONY HONORS EXTRAORDINARY ACHIEVEMENTS EACHSPRING AND THE NEW TEACHER LUNCHEON WELCOMES NEW TEACHERS TO OUR AREAEVERY FALL. EXPERT EDGE SEMINARS PROVIDE HANDS-ON BUSINESS TIPS ONCRITICAL TOPICS. GAIN INSIGHT INTO ISSUES, OPPORTUNITIES, STRENGTHS ANDCHALLENGES IN OUR COMMUNITY THROUGH THE COMMUNITY LEADERSHIP PROGRAM.LEARN MORE ABOUT ISSUES AFFECTING YOUR BUSINESS AT LEGISLATIVE EVENTS.
As filed on the 2022 return.
Listed in Part VII
-
Vince EllisonVINCE ELLISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nick WestergaardNICK WESTERGAARD
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Adam KeuneADAM KEUNE
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Robin ThermeROBIN THERME
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Paula RogersPAULA ROGERS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jim LeboeufJIM LEBOEUF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brenda LamarcheBRENDA LAMARCHE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan WestRYAN WEST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carolyn WallaceCAROLYN WALLACE
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Susan MooreSUSAN MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
V Fixmer-OraizV FIXMER-ORAIZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chad SimmonsCHAD SIMMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennie WunderlichJENNIE WUNDERLICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathy CourtneyKATHY COURTNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kate MorelandKATE MORELAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim CaskoKIM CASKO
FORMER PRESIDENT & CEO
- Total calculated
- $132,196
- From this org
- $102,126
- From related orgs
- $0
- Other
- $30,070
- Hours/week
- 15
Schedule J breakdown matched by us
- Base
- $102,126
- Bonus
- $0
- Other
- $0
- Deferred
- $14,000
- Nontaxable benefits
- $16,070
- Filer's total
- $132,196
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 30 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341569349300244
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