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Nonprofiteer
← ANCHORAGE CHAMBER OF COMMERCE INC

Form 990 for tax year 2023

Filed by ANCHORAGE CHAMBER OF COMMERCE INC.

Totals

Total revenue
$1,036,712
Total expenses
$1,107,563
Contributions and grants received
$666,767
Grants paid
$0
Program service revenue
$327,585
Investment income
$36,930
Other revenue
$5,430
Total assets, end of year
$1,431,316
Total liabilities, end of year
$819,565
Net assets or fund balances, end of year
$611,751
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.

  • 1b · Membership dues

    $347,598

  • 1f · All other contributions, gifts and grants

    $319,169

  • 2a · Program service revenue: COMMITTEE EVENTS

    total $178,615 · related or exempt $178,615

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $148,970 · related or exempt $148,970

  • 3 · Investment income

    total $30,927 · excluded $30,927

  • 7a · Gross sales of assets other than inventory

    securities $173,958

  • 7b · Less cost or other basis and sales expenses

    securities $167,955

  • 7c · Gain or loss

    securities $6,003

  • 7d · Net gain or loss

    total $6,003 · excluded $6,003

  • 11a · Other revenue: SERVICES

    total $5,430 · related or exempt $5,430

  • 11e · Other revenue, total

    $5,430

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $134,536

  • 7 · Other salaries and wages

    total $242,215

  • 8 · Pension plan contributions

    total $4,059

  • 9 · Other employee benefits

    total $41,100

  • 10 · Payroll taxes

    total $31,687

  • 11c · Fees: accounting

    total $32,056

  • 11f · Fees: investment management

    total $12,994

  • 11g · Fees: other

    total $51,322

  • 12 · Advertising and promotion

    total $2,412

  • 13 · Office expenses

    total $56,527

  • 14 · Information technology

    total $25,162

  • 16 · Occupancy

    total $76,713

  • 19 · Conferences, conventions and meetings

    total $360,566

  • 22 · Depreciation, depletion and amortization

    total $12,005

  • 23 · Insurance

    total $11,312

  • 24a · Other expenses: BOARD/PRESIDENT EXPENSE

    total $12,897

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $179,650 · end of year $76,396

  • 2 · Savings and temporary cash investments

    beginning of year $37,251 · end of year $40,432

  • 4 · Accounts receivable

    beginning of year $0 · end of year $30

  • 9 · Prepaid expenses and deferred charges

    beginning of year $36,200 · end of year $38,594

  • 10a · Land, buildings and equipment: cost or other basis

    $196,151

  • 10b · Land, buildings and equipment: accumulated depreciation

    $194,398

  • 10c · Land, buildings and equipment, net

    beginning of year $5,631 · end of year $1,753

  • 11 · Investments: publicly traded securities

    beginning of year $793,572 · end of year $862,535

  • 15 · Other assets

    beginning of year $2,569 · end of year $411,576

  • 17 · Accounts payable and accrued expenses

    beginning of year $26,956 · end of year $33,160

  • 19 · Deferred revenue

    beginning of year $411,597 · end of year $374,426

  • 25 · Other liabilities

    beginning of year $2,686 · end of year $411,979

  • 27 · Net assets without donor restrictions

    beginning of year $613,634 · end of year $611,751

Mission and programs · 2023

Mission

TO ADVANCE A SUCCESSFUL BUSINESS CLIMATE BY ATTENDING TO THE CIVIC, ECONOMIC AND CULTURAL BETTERMENT OF OUR COMMUNITY. WE ACHIEVE THIS THROUGH THREE CHANNELS: ADVOCACY, CONNECTIVITY, AND EDUCATION.

  • EVENTS: A CORNERSTONE OF OUR PROGRAMS, EVENTS CONNECT MEMBERS WITH RELEVANT EDUCATIONAL UPDATES. "MAKE IT MONDAY" LUNCHEONS ARE HELD WEEKLY OFFERING DIVERSE, INFORMATIVE PRESENTATIONS. THE CITY'S NO.1 WEEKLY LUNCHEON WITH OVER 45 ANNUALLY AND AVERAGING 80 REGISTRATIONS PER SESSION, ARE REGARDED AS A PILLAR OF THE BUSINESS COMMUNITY. "CHAMBER ACADEMY" EDUCATIONAL WORKSHOPS OFFER QUARTERLY MEMBERSHIP AND COMMUNITY EXPERT-DRIVEN CONTENT. CURATED FOR BUSINESS OWNERS, ENTREPRENEURS, AND YOUNG PROFESSIONALS, ACTIVE ENGAGEMENT AND OPEN DISCUSSION IS ENOURAGED DURING CHAMBER ACADEMY TO CREATE MEANINGFUL AND RELEVANT BUSINESS IMPACTS.

  • MEMBERSHIP SERVICES: MEMBERS ARE THE HOW AND THE WHY OF OUR MISSION. THE BENEFITS OF MEMBERSHIP ARE VAST AND INCLUDE; ADVOCACY - MEMBER UPDATES OF STATE, REGIONAL, AND LOCAL ISSUES AND DIRECT IMPACTS TO POLICY AND LEGISLATION; CONNECTIVITY - NETWORKING EVENTS, REFERRALS, ADVERTISING, SPOTLIGHTS, AND CREDIBILITY; EDUCATION - PROFESSIONALLY RELEVANT CONTENT-DRIVEN EVENTS COVERING A VARIETY OF TOPICS OFFERED MULTIPLE TIMES WEEKLY. MEMBERSHIP BENEFITS ARE REALIZED PASSIVELY THROUGH ADVOCACY, ECONOMIC IMPACT AND ADVERTISING, AS WELL AS THROUGH ACTIVE ENGAGEMENT.

  • Withheld by Nonprofiteer: this text may name a private individual.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • DAN NEWMAN

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • DANICIA SHIRYAYEV

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • BARBARA AMY

    SECRETARY-TREASURER

    Total calculated
    $0
    Hours/week
    5

  • SHERON PATRICK

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • NEIL GUNN

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RYANN SWALLING

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVID HANNON

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • NANCY JOHNSON

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JIN CHEN

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GARY SCOTT

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LAURA DEAN

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DIANNE BLUMER

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TANA SKYE NEVADA

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • EMILY STEWART

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LEAH BOLTZ

    ELECTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SARAH SKEEL

    APPOINTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ED HENDRICKSON

    APPOINTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ETHAN TYLER

    APPOINTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • GWEN WELCH

    APPOINTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CAROLINE SCHULTZ

    APPOINTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER OPSUT

    APPOINTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • VIC ANGOCO

    APPOINTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LISA BOOTH

    APPOINTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SEAN JORDAN

    APPOINTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KATIE MALLARD

    APPOINTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHELLE MADDOX

    APPOINTED MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KATHLEEN MCARDLE

    PRESIDENT - CURRENT

    Total calculated
    $31,250
    From this org
    $31,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

  • BRUCE BUSTAMANTE

    PRESIDENT - RESIGNED SEPTEMBER

    Total calculated
    $134,012
    From this org
    $119,415
    From related orgs
    $0
    Other
    $14,597
    Hours/week
    50

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
19 April 2025
IRS schema version
2023v6.0
Source object
202541269349302789

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