Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $29,045

• 1f · All other contributions, gifts and grants

  $40,861

• 1g · Noncash contributions included above

  $3,611

• 2a · Program service revenue: SEMINARS

  total $277,228 · related or exempt $277,228

• 2b · Program service revenue: RENTAL INCOME

  total $133,403 · related or exempt $133,403

• 3 · Investment income

  total $1,162 · excluded $1,162

• 8a · Fundraising events: gross income

  $26,941

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

  $29,045

• 8b · Fundraising events: direct expenses

  $26,941

• 11a · Other revenue: MISC INCOME

  total $1,160 · related or exempt $1,160

• 11e · Other revenue, total

  $1,160

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $6,530 · program services $6,530

• 2 · Grants to domestic individuals

  total $3,450 · program services $3,450

• 11a · Fees: management

  total $249,984 · program services $149,991 · management and general $87,494 · fundraising $12,499

• 11c · Fees: accounting

  total $19,780 · management and general $19,780

• 12 · Advertising and promotion

  total $2,907 · management and general $2,907

• 13 · Office expenses

  total $14,489 · program services $8,694 · management and general $5,071 · fundraising $724

• 16 · Occupancy

  total $90,502 · program services $90,502

• 19 · Conferences, conventions and meetings

  total $81,598 · program services $81,598

• 22 · Depreciation, depletion and amortization

  total $31,979 · program services $19,187 · management and general $11,193 · fundraising $1,599

• 23 · Insurance

  total $5,323 · program services $3,194 · management and general $1,863 · fundraising $266

• 24a · Other expenses: EVENT EXPENSES

  total $26,570 · program services $26,570

• 24b · Other expenses: MISC EXPENSES

  total $1,742 · management and general $1,742

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $56,228 · end of year $59,673

• 2 · Savings and temporary cash investments

  beginning of year $188,263 · end of year $117,879

• 4 · Accounts receivable

  beginning of year $5,167

• 7 · Other notes and loans receivable

  beginning of year $6,190 · end of year $24,200

• 9 · Prepaid expenses and deferred charges

  beginning of year $10,093 · end of year $10,137

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

  $287,821

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

  $117,915

• 10c · Land, buildings and equipment, net

  beginning of year $201,885 · end of year $169,906

• 17 · Accounts payable and accrued expenses

  beginning of year $19,773 · end of year $13,104

• 19 · Deferred revenue

  beginning of year $53,660 · end of year $43,606

• 24 · Unsecured notes and loans payable

  beginning of year $48,442 · end of year $30,437

• 25 · Other liabilities

  beginning of year $10,319 · end of year $11,011

• 27 · Net assets without donor restrictions

  beginning of year $332,412 · end of year $281,367

• 28 · Net assets with donor restrictions

  beginning of year $3,220 · end of year $2,270

The filer's explanations (Part III)

SCHEDULE J, PART III

ALL WAGES ARE PAID BY HENDERSON CHAMBER OF COMMERCE, A RELATED PARTY. COMPENSATION IS DETERMINED BY APPROVAL OF THE BOARD AND WRITTEN EMPLOYMENT CONTRACT.