Form 990 for tax year 2024
Filed by MONROE CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $1,056,674
- Total expenses
- $1,053,538
- Contributions and grants received
- $30,500
- Grants paid
- $0
- Program service revenue
- $879,227
- Investment income
- $14,741
- Other revenue
- $132,206
- Total assets, end of year
- $742,909
- Total liabilities, end of year
- $514,098
- Net assets or fund balances, end of year
- $228,811
- Program services expenses (Part IX)
- $570,687
- Management and general expenses
- $403,873
- Fundraising expenses
- $78,978
- Program service expenses (Part III)
- $570,687
Program services were 54.2% 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
$30,500
-
2a · Program service revenue: ADMINISTRATIVE DIVISION
total $123,998 · related or exempt $123,998
-
2b · Program service revenue: COMMUNICATIONS DIVISION
total $115,885 · related or exempt $115,885
-
2c · Program service revenue: GOVERNMENT RELATIONS
total $187,187 · related or exempt $187,187
-
2d · Program service revenue: MEMBERSHIP DUES
total $309,446 · related or exempt $309,446
-
2e · Program service revenue: WORKFORCE DEVELOPMENT
total $92,482 · related or exempt $92,482
-
2f · All other program service revenue
total $50,229 · related or exempt $50,229
-
3 · Investment income
total $14,741 · excluded $14,741
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$184,952
-
8b · Fundraising events: direct expenses
$52,746
-
8c · Net income from fundraising events
total $132,206 · excluded $132,206
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $124,500 · program services $80,925 · management and general $31,125 · fundraising $12,450
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $231,040 · program services $142,853 · management and general $42,756 · fundraising $45,431
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $92,123 · program services $57,983 · management and general $19,143 · fundraising $14,997
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $23,730 · management and general $23,730
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $185,991 · program services $69,207 · management and general $116,784
-
13 · Office expenses
total $19,824 · management and general $19,824
-
14 · Information technology
total $300 · management and general $300
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $737 · program services $737
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $202,933 · program services $160,736 · management and general $42,197
-
20 · Interest
total $27,553 · management and general $27,553
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $23,720 · management and general $23,720
-
23 · Insurance
total $7,563 · management and general $7,563
-
24a · Other expenses: NONCASH TRADES
total $41,850 · program services $30,300 · management and general $5,450 · fundraising $6,100
-
24b · Other expenses: MISCELLANEOUS
total $37,935 · program services $16,279 · management and general $21,656
-
24c · Other expenses: BANK CHARGES
total $11,824 · management and general $11,824
-
24d · Other expenses: Printing and Publications
total $10,087 · program services $6,667 · management and general $3,420
-
24e · All other expenses
total $11,828 · program services $5,000 · management and general $6,828
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $414,319 · end of year $483,047
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $64,924 · end of year $79,461
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $29,500 · end of year $7,990
-
10a · Land, buildings and equipment: cost or other basis
$82,919
-
10b · Land, buildings and equipment: accumulated depreciation
$81,507
-
10c · Land, buildings and equipment, net
beginning of year $2,824 · end of year $1,412
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $193,307 · end of year $170,999
-
17 · Accounts payable and accrued expenses
beginning of year $6,923 · end of year $6,684
-
19 · Deferred revenue
beginning of year $103,145 · end of year $155,862
-
25 · Other liabilities
beginning of year $369,131 · end of year $351,552
-
27 · Net assets without donor restrictions
beginning of year $225,675 · end of year $228,811
Mission and programs · 2024
Mission
TO ADVANCE AND PROTECT THE GENERAL WELFARE AND PROSPERITY OF OUACHITA PARISH AND THE SURROUNDING AREAS SO THAT THE BUSINESS COMMUNITY AND ITS CITIZENS SHALL PROSPER. ALL APPROPRIATE AND NECESSARY MEANS OF PROMOTION SHALL BE PROVIDED AND PARTICULAR ATTENTION SHALL BE GIVEN TO THE ECONOMIC, FINANCIAL, COMMERICAL, AGRICULTURAL, INDUSTRIAL, GOVERNMENTAL, EDUCATIONAL AND CIVIC ACTIVITIES OF THE REGION.
-
GOVERNMENT RELATIONS/AFFAIRS DIVISION - FOCUSED ON STATE, LOCAL AND FEDERAL GOVERNMENT INITIATIVES. THE CHAMBER HAD TWO REGISTERED STATE LOBBYIST ON STAFF. THESE INDIVIDUALS WERE IN BATON ROUGE DURING LEGISLATIVE SESSIONS AS NEEDED. THEY ALSO CONDUCTED AN ANNUAL NORTHERN EXPOSURE ADVOCACY TRIP TO THE STATE CAPITAL. ON THE LOCAL POINT, THE CHAMBER HAD AN AGREEMENT WITH THE CITY OF MONROE TO REPRESENT THE CITY IN THE AREAS OF ECONOMIC DEVELOPMENT, STATE AND FEDERAL ADVOCACY AND TRANSPORTATION AND INFASTRUCTURE. THE CHAMBER ALSO CONDUCTED ONE TRIP TO WASHINGTON, D.C. TO MEET WITH HOUSE AND SENATE MEMBERS AS WELL AS VARIOUS FEDERAL AGENCIES TO PROMOTE ISSUES OF CONCERN FOR OUR AREA.
Expenses $253,917
-
MEMBERSHIP SERVICES DIVISION - BENEFITED MEMBERS OF THE CHAMBER BY PROVIDING VALUABLE INFORMATION THROUGH A WEEKLY NEWSLETTER AND A SEMI-ANNUAL NEWS MAGAZINE. THE CHAMBER ALSO PROVIDED LITERATURE TO ACQUAINT NEWCOMERS WITH OUACHITA PARISH. THE CHAMBER ALSO PROVIDED INFORMATION FOR MEMBERS AND NEWCOMERS ON THE ORGANIZATION'S WEBSITE.
Expenses $161,146
-
WORKFORCE DEVELOPMENT DIVISION - SUPPORTED EDUCATIONAL AND WORKFORCE TRAINING NEEDS THROUGHOUT THE REGION SERVED BY THE CHAMBER. SOME OF THE PROGRAMS SPONSORED BY THE DIVISION ARE ACCENT ON EXCELLENCE BREAKFAST AND THE REGIONAL CAREER FAIR.
Expenses $155,624
As filed on the 2024 return.
Listed in Part VII
-
Roy HeatherlyROY HEATHERLY
President & CEO
- Total calculated
- $124,500
- From this org
- $124,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Mark Kent Anderson JrMARK KENT ANDERSON JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Ike ByrdIKE BYRD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Christina DavisCHRISTINA DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Taylor CagleTAYLOR CAGLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Josh EtheridgeJOSH ETHERIDGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Ethan HuntETHAN HUNT
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Nathan HallNATHAN HALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jay MulhernJAY MULHERN
IMM. PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Kirsten GladenKIRSTEN GLADEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Alberta GreenALBERTA GREEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Aimee KaneAIMEE KANE
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 0
-
Chris HolyfieldCHRIS HOLYFIELD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Ron BerryDR RON BERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jasmyne McConnellJASMYNE MCCONNELL
MEMBERSHIP VP
- Total calculated
- $0
- Hours/week
- 0
-
Kelsea McCraryKELSEA MCCRARY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Alana CooperALANA COOPER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
James MilesJAMES MILES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jeremy HarrellJEREMY HARRELL
Chairman
- Total calculated
- $0
- Hours/week
- 0
-
Matthew DickersonMATTHEW DICKERSON
WORKFORCE VP
- Total calculated
- $0
- Hours/week
- 0
-
Dana MullinsDANA MULLINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Mark SiskMARK SISK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Patience TalleyPATIENCE TALLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Paul HutchesonPAUL HUTCHESON
GOVERNMENT VP
- Total calculated
- $0
- Hours/week
- 0
-
Courtnie BeachCOURTNIE BEACH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Matt WhiteMATT WHITE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jeff LaudenheimerJEFF LAUDENHEIMER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Amanda EdgeAMANDA EDGE
GOVT-NONPROF VP
- Total calculated
- $0
- Hours/week
- 0
-
Leann BondLEANN BOND
HEALTH VP
- Total calculated
- $0
- Hours/week
- 0
-
Mark RandolphMARK RANDOLPH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Ivan HendricksIVAN HENDRICKS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Shelva ThomasSHELVA THOMAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Colby WalkerCOLBY WALKER
COMM MGMT VP
- Total calculated
- $0
- Hours/week
- 0
-
Alisha WoodsALISHA WOODS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Leah DouganLEAH DOUGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Brad BellBRAD BELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Mickey McCartyMICKEY MCCARTY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Lamont WindomLAMONT WINDOM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Angela Crumpton-LawrenceANGELA CRUMPTON-LAWRENCE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Janet DurdenJANET DURDEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Josh CarrollJOSH CARROLL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 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.
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.
-
501c3 · TRAINING · LA · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543079349302339
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