Form 990 for tax year 2022
Filed by RENO SPARKS CHAMBER OF COMMERCE.
Totals
- Total revenue
- $1,011,271
- Total expenses
- $798,928
- Contributions and grants received
- $82,617
- Grants paid
- $6,500
- Program service revenue
- $928,654
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,647,248
- Total liabilities, end of year
- $103,119
- Net assets or fund balances, end of year
- $1,544,129
- 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.
-
1e · Government grants (contributions)
$27,650
-
1f · All other contributions, gifts and grants
$54,967
-
2a · Program service revenue: Membership Dues
total $564,649 · related or exempt $564,649
-
2b · Program service revenue: Partnerships
total $182,417 · related or exempt $182,417
-
2c · Program service revenue: Leadership Program
total $78,502 · related or exempt $78,502
-
2d · Program service revenue: Chamber Program Events
total $59,395 · related or exempt $59,395
-
2e · Program service revenue: Alliance
total $33,940 · related or exempt $33,940
-
2f · All other program service revenue
total $9,751 · related or exempt $9,751
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $6,500
-
5 · Compensation of officers, directors and key employees
total $198,955
-
7 · Other salaries and wages
total $208,978
-
8 · Pension plan contributions
total $7,004
-
9 · Other employee benefits
total $17,327
-
10 · Payroll taxes
total $33,205
-
11c · Fees: accounting
total $49,022
-
11d · Fees: lobbying
total $55,000
-
11g · Fees: other
total $2,328
-
12 · Advertising and promotion
total $858
-
13 · Office expenses
total $31,704
-
14 · Information technology
total $13,380
-
16 · Occupancy
total $57,907
-
17 · Travel
total $2,921
-
19 · Conferences, conventions and meetings
total $58,188
-
22 · Depreciation, depletion and amortization
total $3,105
-
23 · Insurance
total $2,597
-
24a · Other expenses: Program Expenses
total $26,868
-
24b · Other expenses: Dues & Memberships
total $14,954
-
24c · Other expenses: Certificates of Origin
total $4,280
-
24d · Other expenses: Member Value Program
total $3,747
-
24e · All other expenses
total $100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,094,196 · end of year $1,282,081
-
2 · Savings and temporary cash investments
beginning of year $349,203 · end of year $350,846
-
4 · Accounts receivable
beginning of year $0 · end of year $1,180
-
9 · Prepaid expenses and deferred charges
beginning of year $6,595 · end of year $5,035
-
10a · Land, buildings and equipment: cost or other basis
$107,464
-
10b · Land, buildings and equipment: accumulated depreciation
$99,358
-
10c · Land, buildings and equipment, net
beginning of year $11,211 · end of year $8,106
-
17 · Accounts payable and accrued expenses
beginning of year $28,798 · end of year $22,215
-
18 · Grants payable
beginning of year $22,467 · end of year $0
-
19 · Deferred revenue
beginning of year $73,900 · end of year $80,904
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $1,336,040 · end of year $1,544,129
Mission and programs · 2022
Mission
We advocate, we inform, and we connect.
-
Chamber-sponsored events held for the benefit of members include our "Business after Hours and "Coffee & Commerce" events each month which provide networking opportunities for our members during the morning and after work. These popular events enable attendees to announce themselves and their business operations/organizations, exchange information, and enjoy morning or evening drinks and refreshments. These events are free and open to all members.
-
"Leadership Program" accepts up to 30 representatives from applicants to participate in an 8-month program that introduces attendees to critical issues and opportunities in our community. Topics include education and workforce development, public health and social services, government, criminal justice and law enforcement, arts culture and tourism, marketing and the media, and economic development and infrastructure. The class travels to many locations including the State Capital, the Legislative Building and former Stewart Indian School in Carson City.
-
"Alliance" is an annual meeting that demonstrates the full collaboration between Reno + Sparks Chamber of Commerce, the Reno-Tahoe Airport Authority, Economic Development Authority of Northern Nevada, and the Reno-Sparks Convention & Visitors Authority. Guests receive timely and vital information regarding policies, programs, and developments that affect the regional economy and our members.
-
We offer education opportunities to our members through our free "Chamber EDU" series which provides our members with education and training on several topics including business and financial planning, marketing for brand awareness, a legislative recap, and real estate. We also send out a weekly "Chamber Briefing" that contains timely information regarding upcoming Chamber events and programs, news from our Chamber Partners and members, and northern Nevada business updates. It is sent to over 3,000 email addresses every Tuesday morning.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ann Silver
CEO
- Total calculated
- $198,956
- From this org
- $185,510
- From related orgs
- $0
- Other
- $13,446
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,471
- Bonus
- $24,039
- Other
- $6,000
- Deferred
- $5,626
- Nontaxable benefits
- $7,820
- Filer's total
- $198,956
-
Connor Naisbitt
Director of Operations
- Total calculated
- $113,154
- From this org
- $104,236
- From related orgs
- $0
- Other
- $8,918
- Hours/week
- 40
-
Melissa Davies
Chair
- Total calculated
- $0
- Hours/week
- 2.5
-
Dave Sinclair
Chair Elect
- Total calculated
- $0
- Hours/week
- 2.5
-
Kurt Mische
Past Chair
- Total calculated
- $0
- Hours/week
- 1
-
Mike Hix
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Brent Farr
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Brian Cassidy
Director (Left Dec-22)
- Total calculated
- $0
- Hours/week
- 0.3
-
Charles Harris
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Cheraz Ecker
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Daren Griffin
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Greg Mosier
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Jesus Gutierrez
Director (Left Dec-22)
- Total calculated
- $0
- Hours/week
- 0.3
-
Kamal Jemmoua
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Meredith Williams
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Ryan Bellows
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Suzanne Hendery
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Tony Marini
Director (From Sep-22)
- Total calculated
- $0
- Hours/week
- 0.3
-
Tyler Lantrip
Director (From Mar-22)
- Total calculated
- $0
- Hours/week
- 0.3
-
Vinny Lucido
Director (From Mar-22)
- Total calculated
- $0
- Hours/week
- 0.3
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
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313179349311966
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