Form 990 for tax year 2022
Filed by GREATER BLOOMINGTON CHAMBER OF COMMERCE.
Totals
- Total revenue
- $913,154
- Total expenses
- $831,563
- Contributions and grants received
- $130,464
- Grants paid
- $0
- Program service revenue
- $758,576
- Investment income
- $3,402
- Other revenue
- $20,712
- Total assets, end of year
- $615,187
- Total liabilities, end of year
- $666,356
- Net assets or fund balances, end of year
- -$51,169
- 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.
-
1e · Government grants (contributions)
$113,230
-
1f · All other contributions, gifts and grants
$17,234
-
1g · Noncash contributions included above
$17,234
-
2a · Program service revenue: MEMBERSHIP DUES & ASSE
total $369,507 · related or exempt $369,507
-
2b · Program service revenue: MEMBER DEVELOPMENT & M
total $154,980 · related or exempt $154,980
-
2c · Program service revenue: PUBLIC POLICY EVENTS
total $107,156 · related or exempt $107,156
-
2d · Program service revenue: FRANKLIN INITIATIVE
total $76,996 · related or exempt $76,996
-
2e · Program service revenue: WOMEN EXCEL BLOOMINGTO
total $30,390 · related or exempt $30,390
-
2f · All other program service revenue
total $19,547 · related or exempt $13,580 · unrelated business $5,967
-
3 · Investment income
total $3,402 · excluded $3,402
-
8a · Fundraising events: gross income
$33,570
-
8b · Fundraising events: direct expenses
$18,044
-
8c · Net income from fundraising events
total $15,526 · excluded $15,526
-
11a · Other revenue: MISCELLANEOUS INCOME
total $5,186 · excluded $5,186
-
11e · Other revenue, total
$5,186
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $108,120
-
7 · Other salaries and wages
total $318,495
-
8 · Pension plan contributions
total $6,919
-
9 · Other employee benefits
total $30,907
-
10 · Payroll taxes
total $33,962
-
11c · Fees: accounting
total $45,337
-
11f · Fees: investment management
total $1,415
-
11g · Fees: other
total $7,324
-
12 · Advertising and promotion
total $5,459
-
13 · Office expenses
total $35,898
-
14 · Information technology
total $2,455
-
16 · Occupancy
total $40,911
-
17 · Travel
total $1,187
-
19 · Conferences, conventions and meetings
total $35,217
-
20 · Interest
total $4,054
-
22 · Depreciation, depletion and amortization
total $7,978
-
23 · Insurance
total $5,335
-
24a · Other expenses: ACTIVITIES EXPENSES
total $93,091
-
24b · Other expenses: STAFF EXPENSES
total $35,328
-
24c · Other expenses: DUES & SUBSCRIPTIONS
total $12,171
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $152,784 · end of year $145,027
-
2 · Savings and temporary cash investments
beginning of year $24,954 · end of year $26,779
-
4 · Accounts receivable
beginning of year $50,037 · end of year $134,204
-
9 · Prepaid expenses and deferred charges
beginning of year $7,008 · end of year $20,416
-
10a · Land, buildings and equipment: cost or other basis
$137,127
-
10b · Land, buildings and equipment: accumulated depreciation
$116,483
-
10c · Land, buildings and equipment, net
beginning of year $28,622 · end of year $20,644
-
11 · Investments: publicly traded securities
beginning of year $141,714 · end of year $149,925
-
15 · Other assets
beginning of year $0 · end of year $118,192
-
17 · Accounts payable and accrued expenses
beginning of year $44,098 · end of year $51,656
-
19 · Deferred revenue
beginning of year $348,025 · end of year $341,940
-
25 · Other liabilities
beginning of year $149,900 · end of year $272,760
-
27 · Net assets without donor restrictions
beginning of year -$158,793 · end of year -$73,089
-
28 · Net assets with donor restrictions
beginning of year $21,889 · end of year $21,920
Mission and programs · 2022
Mission
THE GREATER BLOOMINGTON CHAMBER OF COMMERCE PROVIDES LEADERSHIP THROUGH MEMBER ENGAGEMENT, BUSINESS ADVOCACY AND CIVIC PARTNERSHIPS TO STRENGTHEN OUR COMMUNITY AND BUSINESS ENVIRONMENT.
Activities or mission (Part I)
ADVANCE THE COMMUNITY GENERAL WELFARE AND PROSPERITY.
-
THE GREATER BLOOMINGTON CHAMBER OF COMMERCE DELIVERED VALUE TO OUR MEMBERS ORGANIZATIONS AND COMMUNITY THROUGH A WIDE RANGE OF HIGH-IMPACT EVENTS, MEMBER PROGRAMMING, AND COORDINATED ADVOCACY INITIATIVES THAT ADVANCE THE QUALITY OF LIFE IN THE GREATER BLOOMINGTON AREA.
As filed on the 2022 return.
Listed in Part VII
-
Eric SpoonmoreERIC SPOONMORE
PRESIDENT & CEO
- Total calculated
- $105,014
- From this org
- $101,279
- From related orgs
- $0
- Other
- $3,735
- Hours/week
- 40 + 1 related
-
Amy Somers KoppAMY SOMERS KOPP
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Cindy KinnarneyCINDY KINNARNEY
PAST BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Don WeilerDON WEILER
FIRST VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Brian ShockneyBRIAN SHOCKNEY
SECOND VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Scott ShishmanSCOTT SHISHMAN
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ron WalkerRON WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Trudy WeddleTRUDY WEDDLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan PetersonDAN PETERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David FergusonDAVID FERGUSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Grant EcholsGRANT ECHOLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leslie AbshierLESLIE ABSHIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kirk WhiteKIRK WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Galen CassadyGALEN CASSADY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pat EastPAT EAST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Virginia GithiriVIRGINIA GITHIRI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jr RickerJR RICKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alyssa WoolardALYSSA WOOLARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike RichardsonMIKE RICHARDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
-
GREATER BLOOMINGTON CHAMBER OF COMMERCE FOUNDATION INC
501(C)(3) · EDUCATIONAL AND OTHER CHARITABLE ACTIVITIES · IN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430529349301033
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