Skip to content
Nonprofiteer
← ARDMORE CHAMBER OF COMMERCE INC

Form 990 for tax year 2024

Filed by ARDMORE CHAMBER OF COMMERCE INC.

Totals

Total revenue
$726,499
Total expenses
$741,381
Contributions and grants received
$226,572
Grants paid
$0
Program service revenue
$295,723
Investment income
$201,610
Other revenue
$2,594
Total assets, end of year
$1,015,512
Total liabilities, end of year
$2,905
Net assets or fund balances, end of year
$1,012,607
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

    $226,572

  • 2a · Program service revenue: MANAGEMENT FEE

    total $238,800 · related or exempt $238,800

  • 2b · Program service revenue: SPECIAL PROJECTS - NET

    total $56,923 · related or exempt $56,923

  • 3 · Investment income

    total $41,521 · related or exempt $41,521

  • 7a · Gross sales of assets other than inventory

    securities $160,089

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

    securities $0

  • 7c · Gain or loss

    securities $160,089

  • 7d · Net gain or loss

    total $160,089 · related or exempt $160,089

  • 8a · Fundraising events: gross income

    $27,370

  • 8b · Fundraising events: direct expenses

    $24,776

  • 8c · Net income from fundraising events

    total $2,594 · excluded $2,594

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $192,401

  • 7 · Other salaries and wages

    total $706,796

  • 8 · Pension plan contributions

    total $7,802

  • 9 · Other employee benefits

    total $50,570

  • 10 · Payroll taxes

    total $85,637

  • 11c · Fees: accounting

    total $32,557

  • 11g · Fees: other

    total -$624,526

  • 12 · Advertising and promotion

    total $2,378

  • 13 · Office expenses

    total $91,834

  • 16 · Occupancy

    total $14,000

  • 17 · Travel

    total $3,936

  • 19 · Conferences, conventions and meetings

    total $20,653

  • 22 · Depreciation, depletion and amortization

    total $3,841

  • 23 · Insurance

    total $4,898

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $44,669

  • 24b · Other expenses: ORGANIZATIONAL DIVISION

    total $40,957

  • 24c · Other expenses: TOTAL RESOURCE CAMPAIGN

    total $20,452

  • 24d · Other expenses: COMMUNITY DIVISION

    total $16,268

  • 24e · All other expenses

    total $26,258

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $545,395 · end of year $434,862

  • 2 · Savings and temporary cash investments

    beginning of year $450,000 · end of year $550,000

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

    $77,207

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

    $46,557

  • 10c · Land, buildings and equipment, net

    beginning of year $34,420 · end of year $30,650

  • 14 · Intangible assets

    beginning of year $71 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,397 · end of year $2,905

  • 27 · Net assets without donor restrictions

    beginning of year $1,027,489 · end of year $1,012,607

Mission and programs · 2024

Mission

TO ENCOURAGE, FOSTER AND STIMULATE COMMERCE, TRADE, BUSINESS FINANCE AND PROFESSIONAL INTERESTS: TO STIMULATE, ENCOURAGE AND PROMOTE COOPERATION AND EXCHANGE AMONG BUSINESSES; TO PROMOTE, ADVANCE AND STIMULATE CIVIC, BUSINESS, COMMERCIAL, INDUSTRIAL AND AGRICULTURAL INTERESTS AND QUALITY OF LIFE IN AND AROUND THE CITY OF ARDMORE, OKLAHOMA

  • TO ENCOURAGE, FOSTER AND STIMULATE COMMERCE, TRADE, BUSINESS FINANCE AND PROFESSIONAL INTERESTS; TO STIMULATE, ENCOURAGE AND PROMOTE COOPERATION AND EXCHANGE AMONG BUSINESSES; TO PROMOTE, ADVANCE AND STIMULATE CIVIC, BUSINESS, COMMERCIAL, INDUSTRIAL AND AGRICULTURAL INTERESTS AND QUALITY OF LIFE IN AND AROUND THE CITY OF ARDMORE, OKLAHOMA

  • COMMUNITY DEVELOPMENTOBJECTIVE: ENHANCE INDUSTRIAL DEVELOPMENT FOR ARDMORE, OKMEMBERSHIP DEVELOPMENTOBJECTIVE: INCREASE, MAINTAIN MEMBERSHIP, AND ENHANCE VALUE OF MEMBERSHIP FOR 624 MEMBERS

  • GOVERNMENTAL AFFAIRS DEVELOPMENTOBJECTIVE: PROVIDE MEMBERS AND COMMUNITY WITH A FORUM FOR DISCUSSION OF ISSUES AFFECTING ARDMORE, OKLAHOMA AND PROVIDE REPRESENTATION FOR BUSINESS COMMUNITY WITH LEGISLATIVE AFFAIRS.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Josh Duncan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kevin Boatright

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brian Douglas

    MEMBERSHIP SERVICES

    Total calculated
    $0
    Hours/week
    1

  • Carey Baldwin

    EDUCATION

    Total calculated
    $0
    Hours/week
    1

  • Richard Delano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sarah Fulton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tyler Hillis

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Vic Rhodes

    CHAIRMAN-ELECT

    Total calculated
    $0
    Hours/week
    1

  • Jason Roberts

    PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Warren Blackmon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ryan Langford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shannon Steele

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lauren Storts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Trey Rateliff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Claudia Kittrell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jill Daugherty

    GOV'T AFFAIRS

    Total calculated
    $0
    Hours/week
    1

  • Daela Echols

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Travis Poteet

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rob Hendry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Sandvick

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Cameron Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bill Murphy

    PRESIDENT

    Total calculated
    $192,401
    From this org
    $192,401
    From related orgs
    $0
    Other
    $0
    Hours/week
    13 + 27 related

    Schedule J breakdown matched by us

    Base
    $166,005
    Bonus
    $26,396
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $192,401

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

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

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.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202533219349320783

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.