Form 990 for tax year 2022
Filed by ARDMORE CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $505,661
- Total expenses
- $568,276
- Contributions and grants received
- $248,565
- Grants paid
- $0
- Program service revenue
- $245,786
- Investment income
- $12,224
- Other revenue
- -$914
- Total assets, end of year
- $1,150,764
- Total liabilities, end of year
- $3,547
- Net assets or fund balances, end of year
- $1,147,217
- 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
$248,565
-
2a · Program service revenue: MANAGEMENT FEE
total $201,600 · related or exempt $201,600
-
2b · Program service revenue: SPECIAL PROJECTS - NET
total $23,186 · related or exempt $23,186
-
2c · Program service revenue: FESTIVAL OF LIGHTS
total $21,000 · related or exempt $21,000
-
3 · Investment income
total $12,224 · excluded $12,224
-
8a · Fundraising events: gross income
$14,585
-
8b · Fundraising events: direct expenses
$15,499
-
8c · Net income from fundraising events
total -$914 · excluded -$914
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $158,972
-
7 · Other salaries and wages
total $550,453
-
8 · Pension plan contributions
total $6,184
-
9 · Other employee benefits
total $49,042
-
10 · Payroll taxes
total $52,396
-
11c · Fees: accounting
total $49,125
-
11g · Fees: other
total -$513,541
-
13 · Office expenses
total $93,804
-
16 · Occupancy
total $12,000
-
17 · Travel
total $2,007
-
19 · Conferences, conventions and meetings
total $15,776
-
22 · Depreciation, depletion and amortization
total $3,677
-
23 · Insurance
total $3,624
-
24a · Other expenses: CONTRACT LABOR
total $38,610
-
24b · Other expenses: TOTAL RESOURCE CAMPAIGN
total $13,404
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $9,859
-
24d · Other expenses: COMMUNITY DIVISION
total $7,566
-
24e · All other expenses
total $15,318
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $707,393 · end of year $634,608
-
2 · Savings and temporary cash investments
beginning of year $500,000 · end of year $500,000
-
10a · Land, buildings and equipment: cost or other basis
$54,808
-
10b · Land, buildings and equipment: accumulated depreciation
$40,210
-
10c · Land, buildings and equipment, net
beginning of year $1,281 · end of year $14,598
-
14 · Intangible assets
beginning of year $3,258 · end of year $1,558
-
25 · Other liabilities
beginning of year $2,100 · end of year $3,547
-
27 · Net assets without donor restrictions
beginning of year $1,209,832 · end of year $1,147,217
Mission and programs · 2022
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 649 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 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
JOE HILL
GOVERNMENTAL AFFAIRS
- Total calculated
- $0
- Hours/week
- 1
-
JUSTIN LANDGRAF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
WILL TRISCIANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DIANNE WEST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CAREY BALDWIN
EDUCATION
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD DELANO
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
LES BROWN
PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
CHET VINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARCUS CUNNINGHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JEFF MOEN
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
-
KEVIN BOATRIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RYAN HOLLENBECK
CHAIRMAN ELECT
- Total calculated
- $0
- Hours/week
- 1
-
SARAH FULTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CODY STEELE
MEMBERSHIP SERVICES
- Total calculated
- $0
- Hours/week
- 1
-
JASON ROBERTS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
TYLER HILLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
VIC RHODES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SUSAN LONGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROB HENDRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BILL MURPHY
PRESIDENT
- Total calculated
- $167,045
- From this org
- $158,972
- From related orgs
- $0
- Other
- $8,073
- Hours/week
- 13 + 27 related
Schedule J breakdown matched by us
- Base
- $153,547
- Bonus
- $5,425
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $8,073
- Filer's total
- $167,045
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.
-
CHAMBER OF COMMERCE FOUNDATION INC
501(C)(3) · COMMUNITY EVENTS · OK
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 23 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312429349300711
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