Form 990 for tax year 2024
Filed by CROSSROADS REGIONAL CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $483,060
- Total expenses
- $520,088
- Contributions and grants received
- $241,228
- Grants paid
- $0
- Program service revenue
- $71,377
- Investment income
- $5,451
- Other revenue
- $165,004
- Total assets, end of year
- $680,978
- Total liabilities, end of year
- $299,394
- Net assets or fund balances, end of year
- $381,584
- Program services expenses (Part IX)
- $500,203
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 96.2% 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.
-
1b · Membership dues
$234,228
-
1e · Government grants (contributions)
$7,000
-
2a · Program service revenue: MEMBERSHIP RETENTION
total $44,103 · related or exempt $44,103
-
2b · Program service revenue: MEMBERSHIP SERVICES
total $25,741 · related or exempt $25,741
-
2c · Program service revenue: PROGRAM INCOME OTHER
total $3,256 · related or exempt $3,256
-
2d · Program service revenue: PROGRAM INCOME OTHER -
total -$1,723 · related or exempt -$1,723
-
3 · Investment income
total $5,451 · excluded $5,451
-
8a · Fundraising events: gross income
$323,635
-
8b · Fundraising events: direct expenses
$158,631
-
8c · Net income from fundraising events
total $165,004 · excluded $165,004
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $261,964 · program services $261,964
-
9 · Other employee benefits
total $30,369 · program services $30,369
-
10 · Payroll taxes
total $20,170 · program services $20,170
-
11c · Fees: accounting
total $7,360 · program services $7,360
-
12 · Advertising and promotion
total $675 · program services $675
-
13 · Office expenses
total $31,222 · program services $31,222
-
14 · Information technology
total $11,650 · program services $11,650
-
16 · Occupancy
total $35,727 · program services $35,727
-
17 · Travel
total $9,262 · program services $9,262
-
19 · Conferences, conventions and meetings
total $3,715 · program services $3,715
-
20 · Interest
total $20,003 · program services $20,003
-
22 · Depreciation, depletion and amortization
total $19,885
-
23 · Insurance
total $8,973 · program services $8,973
-
24a · Other expenses: MEMBERSHIP RETENTION
total $34,402 · program services $34,402
-
24b · Other expenses: BUSINESS EXPENSES
total $24,711 · program services $24,711
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $83,596 · end of year $44,023
-
2 · Savings and temporary cash investments
beginning of year $82,552 · end of year $85,922
-
7 · Other notes and loans receivable
beginning of year $795 · end of year $795
-
10a · Land, buildings and equipment: cost or other basis
$726,559
-
10b · Land, buildings and equipment: accumulated depreciation
$176,321
-
10c · Land, buildings and equipment, net
beginning of year $570,508 · end of year $550,238
-
23 · Secured mortgages and notes payable
beginning of year $307,383 · end of year $293,659
-
25 · Other liabilities
beginning of year $11,081 · end of year $5,735
-
27 · Net assets without donor restrictions
beginning of year $418,987 · end of year $381,584
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
TO WORK FOR THE BETTERMENT OF NORTHWEST INDIANA BUSINESSES AND COMMUNITIES BY PROMOTING ECONOMIC DEVELOPMENT, QUALITY BUSINESS PRACTICES, AND A VOICE IN PUBLIC POLICY AND CIVIC PRIDE.
Activities or mission (Part I)
TO WORK FOR THE BETTERMENT OF NORTHWEST INDIANA BUSINESSES AND COMMUNITIESBY PROMOTING ECONOMIC DEVELOPMENT, QUALITY BUSINESS PRACTICES, AND A VOICEIN PUBLIC POLICY AND CIVIC PRIDE.
-
THE CROSSROADS REGIONAL CHAMBER OF COMMERCE SERVES THE BUSINESS COMMUNITY BY PROVIDING A MEANS TO PROMOTE BUSINESSES LOCATED IN AND AROUND NORTHWEST INDIANA.
-
N/A
-
N/A
As filed on the 2024 return.
Listed in Part VII
-
John JordanJOHN JORDAN
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Katie HolderbyKATIE HOLDERBY
CHAIRMAN ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Bethany CroseBETHANY CROSE
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Patty StovallPATTY STOVALL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer DoffinJENNIFER DOFFIN
IMMEDIATE PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Andrew KyresANDREW KYRES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Christine ForemanCHRISTINE FOREMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
David HunterDAVID HUNTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Georgia Manous-GesslerGEORGIA MANOUS-GESSLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
James HortsmanJAMES HORTSMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Kelly AnoeKELLY ANOE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Kelly DooleyKELLY DOOLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Marnita TaylorMARNITA TAYLOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Matt ScheuerMATT SCHEUER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Rick CalinskiRICK CALINSKI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Rick PeltierRICK PELTIER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Ryan PetersonRYAN PETERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Shawn M PettitSHAWN M PETTIT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Sherry SinkSHERRY SINK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Dr Todd TerrillDR TODD TERRILL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Deann PatenaDEANN PATENA
PRESIDENT/CEO
- Total calculated
- $101,230
- From this org
- $98,282
- From related orgs
- $0
- Other
- $2,948
- Hours/week
- 40
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 24 April 2025
- IRS schema version
- 2024v5.1
- Source object
- 202541219349301419
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