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Nonprofiteer
← STEPHENVILLE CHAMBER OF COMMERCE INC

Form 990 for tax year 2024

Filed by STEPHENVILLE CHAMBER OF COMMERCE INC.

Totals

Total revenue
$357,293
Total expenses
$349,848
Contributions and grants received
$221,280
Grants paid
$0
Program service revenue
$56,903
Investment income
$121
Other revenue
$78,989
Total assets, end of year
$504,541
Total liabilities, end of year
$159,876
Net assets or fund balances, end of year
$344,665
Program services expenses (Part IX)
$218,590
Management and general expenses
$81,829
Fundraising expenses
$49,429
Program service expenses (Part III)
$218,590

Program services were 62.5% 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.

  • 1b · Membership dues

    $169,030

  • 1f · All other contributions, gifts and grants

    $52,250

  • 2a · Program service revenue: PROGRAM EVENTS/ACTIVITIES

    total $51,350 · related or exempt $51,350

  • 2b · Program service revenue: AMBASSADOR PROGRAM

    total $5,553 · related or exempt $5,553

  • 3 · Investment income

    total $121 · excluded $121

  • 8a · Fundraising events: gross income

    $90,976

  • 8b · Fundraising events: direct expenses

    $24,077

  • 8c · Net income from fundraising events

    total $66,899 · excluded $66,899

  • 11a · Other revenue: WORKFORCE REIMBURSEMENT

    total $12,090 · related or exempt $12,090

  • 11e · Other revenue, total

    $12,090

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $91,626 · program services $54,976 · management and general $18,325 · fundraising $18,325

  • 7 · Other salaries and wages

    total $95,715 · program services $57,429 · management and general $19,143 · fundraising $19,143

  • 8 · Pension plan contributions

    total $8,877 · program services $5,327 · management and general $1,775 · fundraising $1,775

  • 10 · Payroll taxes

    total $14,924 · program services $8,954 · management and general $2,985 · fundraising $2,985

  • 11c · Fees: accounting

    total $2,450 · management and general $2,450

  • 12 · Advertising and promotion

    total $5,012 · program services $4,511 · fundraising $501

  • 13 · Office expenses

    total $4,952 · program services $2,972 · management and general $990 · fundraising $990

  • 14 · Information technology

    total $19,080 · program services $11,448 · management and general $3,816 · fundraising $3,816

  • 16 · Occupancy

    total $15,229 · management and general $15,229

  • 19 · Conferences, conventions and meetings

    total $5,774 · program services $4,620 · management and general $577 · fundraising $577

  • 22 · Depreciation, depletion and amortization

    total $15,089 · program services $13,589 · management and general $1,250 · fundraising $250

  • 23 · Insurance

    total $8,189 · management and general $8,189

  • 24a · Other expenses: PROGRAM EVENTS/ACTIVITIES

    total $17,328 · program services $17,328

  • 24b · Other expenses: SEMINARS/SPECIAL EVENTS

    total $16,855 · program services $16,855

  • 24c · Other expenses: MIXERS & NETWORKING

    total $5,497 · program services $5,497

  • 24d · Other expenses: AMBASSADOR PROGRAM

    total $5,453 · program services $5,453

  • 24e · All other expenses

    total $17,798 · program services $9,631 · management and general $7,100 · fundraising $1,067

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $166,418 · end of year $98,215

  • 2 · Savings and temporary cash investments

    end of year $100,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,000 · end of year $2,495

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

    $402,817

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

    $155,243

  • 10c · Land, buildings and equipment, net

    beginning of year $262,663 · end of year $247,574

  • 15 · Other assets

    beginning of year $56,257 · end of year $56,257

  • 17 · Accounts payable and accrued expenses

    beginning of year $31 · end of year $105

  • 19 · Deferred revenue

    beginning of year $23,800 · end of year $41,725

  • 23 · Secured mortgages and notes payable

    beginning of year $125,287 · end of year $118,046

  • 27 · Net assets without donor restrictions

    beginning of year $274,933 · end of year $285,844

  • 28 · Net assets with donor restrictions

    beginning of year $62,287 · end of year $58,821

Mission and programs · 2024

Mission

SUPPORT AND PROMOTE STEPHENVILLE IN A UNIFIED EFFORT TO ENHANCE GROWTH AND IMPROVE THE QUALITY OF LIFE BY IMPLEMENTING PROGRAMS IN THE AREAS OF COMMUNITY DEVELOPMENT AND ECONOMIC DEVELOPMENT.

  • ENCOURAGE BUSINESS AND COMMUNITY DEVELOPMENT IN THE CITY OF STEPHENVILLE.

    Expenses $218,590 · Revenue $56,903

As filed on the 2024 return.

Listed in Part VII

  • July Danley

    PRES/CEO

    Total calculated
    $91,626
    From this org
    $91,626
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Trent Swearengin

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Jeff Weyers

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    2

  • Dan Harris

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Gary Sult

    FINANCE CHAI

    Total calculated
    $0
    Hours/week
    2

  • Curt Plaxco

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Lacy Barton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sheila Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John Traweek

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Andrew Huf

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Boots Elliott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Nanette Evans

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dan Harris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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
2024
Filed
11 November 2025
IRS schema version
2024v5.0
Source object
202503169349308035

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