Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $13,325

• 2a · Program service revenue: MEMBERSHIP DUES

  total $734,025 · related or exempt $734,025

• 2b · Program service revenue: AFFINITY PROGRAMS

  total $82,875 · related or exempt $82,875

• 2c · Program service revenue: MEMBER EVENTS AND SERV

  total $61,196 · related or exempt $61,196

• 2d · Program service revenue: ECONOMIC DEVELOPMENT A

  total $32,065 · related or exempt $32,065

• 2e · Program service revenue: ADVERTISING PUBLICATIO

  total $2,865 · unrelated business $2,865

• 3 · Investment income

  total $3,779 · excluded $3,779

• 11a · Other revenue: MEMBER SERVICES

  total $48,237 · related or exempt $48,237

• 11b · Other revenue: PARTNERSHIP REIMBURSEM

  total $41,475 · related or exempt $41,475

• 11e · Other revenue, total

  $89,712

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $258,773

• 7 · Other salaries and wages

  total $449,680

• 8 · Pension plan contributions

  total $15,141

• 9 · Other employee benefits

  total $48,360

• 10 · Payroll taxes

  total $45,713

• 11b · Fees: legal

  total $5,000

• 11c · Fees: accounting

  total $3,400

• 11g · Fees: other

  total $22,283

• 13 · Office expenses

  total $21,825

• 14 · Information technology

  total $5,470

• 16 · Occupancy

  total $25,495

• 19 · Conferences, conventions and meetings

  total $71,889

• 20 · Interest

  total $10,457

• 22 · Depreciation, depletion and amortization

  total $17,689

• 23 · Insurance

  total $10,198

• 24a · Other expenses: COMMUNITY DEVELOPMENT

  total $48,228

• 24b · Other expenses: COMMUNICATIONS

  total $43,771

• 24c · Other expenses: ECONOMIC DEVELOPMENT

  total $25,459

• 24d · Other expenses: AFFINITY PROGRAM EXPENS

  total $19,956

• 24e · All other expenses

  total $21,904

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $73,038 · end of year $43,935

• 2 · Savings and temporary cash investments

  beginning of year $89,989 · end of year $31,896

• 4 · Accounts receivable

  beginning of year $106,760 · end of year $60,273

• 6 · Loans and receivables from disqualified persons

  end of year $497

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

  $516,353

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

  $285,212

• 10c · Land, buildings and equipment, net

  beginning of year $235,366 · end of year $231,141

• 11 · Investments: publicly traded securities

  beginning of year $188,954 · end of year $156,800

• 15 · Other assets

  beginning of year $97,365 · end of year $102,160

• 17 · Accounts payable and accrued expenses

  beginning of year $20,628 · end of year $21,530

• 19 · Deferred revenue

  beginning of year $86,461 · end of year $100,766

• 23 · Secured mortgages and notes payable

  beginning of year $244,259 · end of year $234,466

• 25 · Other liabilities

  beginning of year $171,250 · end of year $171,250

• 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 $268,874 · end of year $98,690

The filer's explanations (Part III)

PART I, LINE 3

THE BOARD'S EXECUTIVE COMMITTEE HAS USED INFORMATION GATHERED FROM LOCAL CHAMBERS' PUBLIC 990S AND FROM A SURVEY OF SIMILAR-SIZED MEMBERS OF THE ASSOCIATION OF CHAMBER OF COMMERCE EXECUTIVES.

PART I, LINE 4B

AARON NELSON - $10,000