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← CHAMBER OF COMMERCE FOUNDATION INC

Form 990 for tax year 2025

Filed by CHAMBER OF COMMERCE FOUNDATION INC.

Totals

Total revenue
$517,554
Total expenses
$114,168
Contributions and grants received
$95,384
Grants paid
$0
Program service revenue
$0
Investment income
$12,648
Other revenue
$409,522
Total assets, end of year
$8,057,051
Total liabilities, end of year
$2,305,752
Net assets or fund balances, end of year
$5,751,299
Program services expenses (Part IX)
$105,113
Management and general expenses
$8,413
Fundraising expenses
$642
Program service expenses (Part III)
$105,113

Program services were 92.1% 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

    $58,394

  • 1f · All other contributions, gifts and grants

    $36,990

  • 3 · Investment income

    total $12,648 · excluded $12,648

  • 6a · Gross rents

    real property $618,064

  • 6b · Less rental expenses

    real property $193,656

  • 6c · Rental income or loss

    real property $424,408

  • 6d · Net rental income or loss

    total $424,408 · excluded $424,408

  • 8a · Fundraising events: gross income

    $63,277

  • 8a · Fundraising events: contributions included on line 1c

    $58,394

  • 8b · Fundraising events: direct expenses

    $95,494

  • 8c · Net income from fundraising events

    total -$32,217 · excluded -$32,217

  • 11a · Other revenue: MISC INCOME

    total $17,331 · excluded $17,331

  • 11e · Other revenue, total

    $17,331

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $7,437 · management and general $7,437

  • 12 · Advertising and promotion

    total $4,460 · program services $4,460

  • 16 · Occupancy

    total $1,187 · program services $1,187

  • 22 · Depreciation, depletion and amortization

    total $13,059 · program services $13,059

  • 24a · Other expenses: DIRECT PROGRAM COSTS

    total $47,106 · program services $47,106

  • 24b · Other expenses: LEADERSHIP COSTS

    total $27,573 · program services $27,573

  • 24c · Other expenses: OTHER EXPENSES

    total $12,820 · program services $11,202 · management and general $976 · fundraising $642

  • 24d · Other expenses: DIRECT PROGRAM COSTS EDUC

    total $526 · program services $526

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $462,104 · end of year $454,141

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

    $693,552

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

    $285,015

  • 10c · Land, buildings and equipment, net

    beginning of year $421,596 · end of year $408,537

  • 11 · Investments: publicly traded securities

    beginning of year $324,469 · end of year $324,469

  • 12 · Investments: other securities

    beginning of year $13,955 · end of year $13,955

  • 15 · Other assets

    beginning of year $6,855,949 · end of year $6,855,949

  • 23 · Secured mortgages and notes payable

    beginning of year $2,730,160 · end of year $2,305,752

  • 27 · Net assets without donor restrictions

    beginning of year $5,347,913 · end of year $5,751,299

Mission and programs · 2025

Mission

THE CHAMBER OF COMMERCE FOUNDATION IMPROVES THE LIVES OF CITIZENS LIVING IN THE ARDMORE AREA BY IMPROVING EDUCATION, BEAUTIFYING THE CITY AND SUPPORTING LOCAL CHARITABLE ORGANIZATIONS

Activities or mission (Part I)

THE CHAMBER OF COMMERCE FOUNDATION IMPROVES THE LIVES OF CITIZENS LIVING IN THE ARDMORE AREA BY IMPROVING EDUCATION, BEAUTIFYING THE CITY AND SUPPORTING LOCAL CHARITABLE ORGANIZATIONS.

  • FOUNDATION GENERAL-BEAUTIFICATION, CULTURAL AND ASSISTING LOCAL COMMUNITY GROUPS TO CONTRIBUTE TO THEIR COMMUNITY BY ADMINISTERING VARIOUS SMALL PROGRAMS

    Expenses $62,768

  • EDUCATION-EDUCATION INITIATIVES, PIE PARTNERS IN EDUCATION, OKLAHOMA SCHOLARS TO PROMOTE EXCELLENCE IN EDUCATION

    Expenses $1,713 · Revenue $13,695

  • LEADERSHIP-TO EDUCATE AND PROMOTE COMMUNITY LEADERS AND ENCOURAGE PARTICIPATION IN LEADERSHIP ROLES AND TO PROVIDE NETWORKING OPPORTUNITIES FOR ARDMORE'S YOUNG PROFESSIONALS

    Expenses $27,573 · Revenue $26,100

  • PROMOTE SMALL NON-PROFITS

    Expenses $13,059

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mita Bates

    CHAIRMAN ELE

    Total calculated
    $0

  • Blake Bush

    TRUSTEE

    Total calculated
    $0

  • Clayton Lodes

    CHAIR

    Total calculated
    $0

  • Vic Rhodes

    TRUSTEE

    Total calculated
    $0

  • Al Schneider

    TRUSTEE

    Total calculated
    $0

  • Beth Welch

    TREASURER

    Total calculated
    $0

  • Bill Murphy

    SECRETARY

    Total calculated
    $0

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
2025
Filed
17 August 2026
IRS schema version
2025v4.0
Source object
202612399349301306

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