Form 990 for tax year 2024
Filed by COUNCIL BLUFFS CHAMBER OF COMMERCE.
Totals
- Total revenue
- $594,386
- Total expenses
- $735,365
- Contributions and grants received
- $275,059
- Grants paid
- $0
- Program service revenue
- $293,684
- Investment income
- $11,243
- Other revenue
- $14,400
- Total assets, end of year
- $704,404
- Total liabilities, end of year
- $492,289
- Net assets or fund balances, end of year
- $212,115
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
1f · All other contributions, gifts and grants
$275,059
-
2a · Program service revenue: Membership Dues
total $204,863 · related or exempt $204,863
-
2b · Program service revenue: Training and Programs
total $88,821 · related or exempt $88,821
-
3 · Investment income
total $11,243 · excluded $11,243
-
6a · Gross rents
real property $56,859
-
6b · Less rental expenses
real property $56,859
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: Management Fees
total $14,400 · related or exempt $14,400
-
11e · Other revenue, total
$14,400
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $86,671
-
7 · Other salaries and wages
total $211,926
-
9 · Other employee benefits
total $17,763
-
10 · Payroll taxes
total $23,044
-
11b · Fees: legal
total $12,000
-
11c · Fees: accounting
total $42,590
-
11g · Fees: other
total $9,696
-
12 · Advertising and promotion
total $3,772
-
13 · Office expenses
total $66,441
-
14 · Information technology
total $10,975
-
16 · Occupancy
total $90,683
-
17 · Travel
total $6,207
-
19 · Conferences, conventions and meetings
total $934
-
20 · Interest
total $175
-
22 · Depreciation, depletion and amortization
total $8,058
-
23 · Insurance
total $7,024
-
24a · Other expenses: Loss on Asset
total $310 · program services $310
-
24b · Other expenses: Training and Programs
total $137,096 · program services $137,096
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $405,367 · end of year $20,336
-
2 · Savings and temporary cash investments
end of year $272,984
-
4 · Accounts receivable
beginning of year $300,247 · end of year $99,497
-
9 · Prepaid expenses and deferred charges
beginning of year $721 · end of year $18,980
-
10a · Land, buildings and equipment: cost or other basis
$92,760
-
10b · Land, buildings and equipment: accumulated depreciation
$88,215
-
10c · Land, buildings and equipment, net
beginning of year $11,922 · end of year $4,545
-
15 · Other assets
beginning of year $336,878 · end of year $288,062
-
17 · Accounts payable and accrued expenses
beginning of year $20,217 · end of year $57,832
-
19 · Deferred revenue
beginning of year $346,415 · end of year $141,835
-
25 · Other liabilities
beginning of year $335,409 · end of year $292,622
-
27 · Net assets without donor restrictions
beginning of year $353,094 · end of year $212,115
Mission and programs · 2024
Mission
Strengthen businesses and build partnerships that promote economic growth and community development.
-
The Chamber of Commerces primary mission is to foster business and economic growth for the city of Council Bluffs. It provides seminars, training, and other resources to its members in an effort to create sustained growth. The success of the chamber and its inherent value is evidenced by the continuation of its strong membership base.
As filed on the 2024 return.
Listed in Part VII
-
Chris Laferla
CEO
- Total calculated
- $229,501
- From this org
- $131,823
- From related orgs
- $76,216
- Other
- $21,462
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,823 + $76,216 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $12,143 + $9,319 related
- Filer's total
- $143,966 + $85,535 related
-
Jamie Cox
Director
- Total calculated
- $0
- Hours/week
- 1
-
Scott Hartman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dave Wise
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jessica Vanderpool
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brent Hoesing
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Dresher
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kelli OBrien
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dave Burd
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robyn Epliey
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Jones
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dan Kinney
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joanie Poore
Director
- Total calculated
- $0
- Hours/week
- 1
-
Evan Summy
Director
- Total calculated
- $0
- Hours/week
- 1
-
George Barton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Thomas Roberts
Director
- Total calculated
- $0
- Hours/week
- 1
-
Vickie Murillo
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jim Myers
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gary Hogan
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Zimmerman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Amy Carolus
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kerrie Snyder
Director
- Total calculated
- $0
- Hours/week
- 1
-
Amy McDermott
Director
- Total calculated
- $0
- Hours/week
- 1
-
Shane Hoss
Director
- Total calculated
- $0
- Hours/week
- 1
-
Hannah Smith
Director
- Total calculated
- $0
- Hours/week
- 1
-
Wyatt Greenwood
Director
- Total calculated
- $0
- Hours/week
- 1
-
Nikki Rauth
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Fletcher
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Mark Hanwright
Chairman
- Total calculated
- $0
- Hours/week
- 1
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Related organization compensation method (Part I, line 3)
- The CEOs salary is determined by the board for the Chamber of Commerce. A portion of the wages are reimbursed by the related organization determined by the board.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CB Chamber of Commerce Foundation
501c3 · Support for the Council Bluffs Chamber of Commerce · IA
-
Pottawattamie County Development
501c3 · Community Development · IA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 September 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523019349300922
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