Form 990 for tax year 2024
Filed by LEMARS AREA CHAMBER OF COMMERCE INCORPORATED.
Totals
- Total revenue
- $338,727
- Total expenses
- $291,531
- Contributions and grants received
- $230,125
- Grants paid
- $0
- Program service revenue
- $174,051
- Investment income
- $973
- Other revenue
- -$66,422
- Total assets, end of year
- $234,997
- Total liabilities, end of year
- $8,502
- Net assets or fund balances, end of year
- $226,495
- Program services expenses (Part IX)
- $203,613
- Management and general expenses
- $87,918
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $203,613
Program services were 69.8% 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.
-
1c · Fundraising events
$141,205
-
1e · Government grants (contributions)
$50,616
-
1f · All other contributions, gifts and grants
$38,304
-
2a · Program service revenue: COMMUNITY DEVELOPMENT
total $174,051 · related or exempt $174,051
-
3 · Investment income
total $973 · excluded $973
-
8a · Fundraising events: gross income
$27,688
-
8a · Fundraising events: contributions included on line 1c
$141,205
-
8b · Fundraising events: direct expenses
$98,824
-
8c · Net income from fundraising events
total -$71,136 · excluded -$71,136
-
9a · Gaming: gross income
$4,714
-
9c · Net income from gaming
total $4,714 · excluded $4,714
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $105,870 · program services $105,870
-
9 · Other employee benefits
total $9,880 · program services $9,880
-
10 · Payroll taxes
total $14,203 · program services $14,203
-
12 · Advertising and promotion
total $25,318 · program services $24,758 · management and general $560
-
13 · Office expenses
total $329 · management and general $329
-
16 · Occupancy
total $1,225 · program services $1,225
-
24a · Other expenses: LEGAL/ACCOUNTING
total $38,557 · management and general $38,557
-
24b · Other expenses: FACADE GRANT EXPENSE
total $20,240 · program services $20,240
-
24c · Other expenses: SUPPLIES
total $17,071 · management and general $17,071
-
24d · Other expenses: RENT
total $11,588 · management and general $11,588
-
24e · All other expenses
total $47,250 · program services $27,437 · management and general $19,813
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $87,418 · end of year $116,229
-
2 · Savings and temporary cash investments
beginning of year $98,036 · end of year $98,036
-
3 · Pledges and grants receivable
end of year $11,200
-
4 · Accounts receivable
beginning of year $721 · end of year $6,681
-
10a · Land, buildings and equipment: cost or other basis
$62,502
-
10b · Land, buildings and equipment: accumulated depreciation
$62,502
-
15 · Other assets
beginning of year $2,851 · end of year $2,851
-
17 · Accounts payable and accrued expenses
beginning of year $3,142 · end of year $2,776
-
25 · Other liabilities
beginning of year $6,585 · end of year $5,726
-
27 · Net assets without donor restrictions
beginning of year $169,357 · end of year $216,553
-
28 · Net assets with donor restrictions
beginning of year $9,942 · end of year $9,942
Mission and programs · 2024
Mission
ALL ACTIVITIES ARE FOR THE PURPOSE OF PROMOTING AND ENHANCING THE COMMUNITY OF LE MARS, IA
-
MEMBERSHIPS, DUES AND EVENT REVENUES ARE USED TO FUND THE CHAMBER'S ACTIVITIES AND PROMOTE BUSINESS GROWTH IN LE MARS, IOWA.
Expenses $203,613 · Revenue $174,051
As filed on the 2024 return.
Listed in Part VII
-
Lori FrenchLORI FRENCH
MANAGER
- Total calculated
- $69,121
- From this org
- $69,121
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Steve AlbertSTEVE ALBERT
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Adam BaumgartnerADAM BAUMGARTNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Madi CampbellMADI CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tommy CongerTOMMY CONGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Justin DaaleJUSTIN DAALE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amy HarnackAMY HARNACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John HinesJOHN HINES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Janelle JohnsonJANELLE JOHNSON
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Clint KassCLINT KASS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Theresa KinneyTHERESA KINNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tim LabrecheTIM LABRECHE
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Zach LancasterZACH LANCASTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jill MescherJILL MESCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark NuebelMARK NUEBEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jill OltmannsJILL OLTMANNS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dj ReamDJ REAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peggy SitzmannPEGGY SITZMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike WellsMIKE WELLS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Richard ZiettlowRICHARD ZIETTLOW
VICE PRESIDE
- 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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 June 2025
- IRS schema version
- 2024v5.0
- Source object
- 202501899349301130
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