Form 990 for tax year 2023
Filed by HUTCHINSON CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $1,454,754
- Total expenses
- $1,661,772
- Contributions and grants received
- $1,168,669
- Grants paid
- $0
- Program service revenue
- $46,947
- Investment income
- $28,865
- Other revenue
- $210,273
- Total assets, end of year
- $3,548,942
- Total liabilities, end of year
- $405,474
- Net assets or fund balances, end of year
- $3,143,468
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $270,837
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
$430,693
-
1e · Government grants (contributions)
$680,279
-
1f · All other contributions, gifts and grants
$57,697
-
2a · Program service revenue: Other Miscellaneous
total $30,776 · related or exempt $30,776
-
2b · Program service revenue: Bid Pool Income
total $16,171 · related or exempt $16,171
-
3 · Investment income
total $28,865 · unrelated business $28,865
-
6a · Gross rents
real property $15,252
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $15,252
-
6d · Net rental income or loss
total $15,252 · excluded $15,252
-
8a · Fundraising events: gross income
$465,858
-
8b · Fundraising events: direct expenses
$270,837
-
8c · Net income from fundraising events
total $195,021 · excluded $195,021
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $211,781
-
7 · Other salaries and wages
total $697,443
-
9 · Other employee benefits
total $144,384
-
10 · Payroll taxes
total $64,786
-
12 · Advertising and promotion
total $141,469
-
13 · Office expenses
total $67,570
-
16 · Occupancy
total $64,567
-
19 · Conferences, conventions and meetings
total $69,803
-
22 · Depreciation, depletion and amortization
total $59,377
-
23 · Insurance
total $14,473
-
24a · Other expenses: Programs
total $87,621
-
24b · Other expenses: Membership Dues
total $16,363
-
24c · Other expenses: Program Contracts
total $12,812
-
24d · Other expenses: Bad Debts
total $9,323
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,483,467 · end of year $1,492,404
-
3 · Pledges and grants receivable
beginning of year $1,163,509 · end of year $911,181
-
4 · Accounts receivable
beginning of year $13,850 · end of year $21,468
-
9 · Prepaid expenses and deferred charges
beginning of year $57,750 · end of year $59,661
-
10a · Land, buildings and equipment: cost or other basis
$1,068,362
-
10b · Land, buildings and equipment: accumulated depreciation
$511,758
-
10c · Land, buildings and equipment, net
beginning of year $558,389 · end of year $556,604
-
12 · Investments: other securities
beginning of year $190,007 · end of year $190,507
-
15 · Other assets
beginning of year $258,157 · end of year $317,117
-
17 · Accounts payable and accrued expenses
beginning of year $161,086 · end of year $238,983
-
19 · Deferred revenue
beginning of year $213,558 · end of year $166,491
-
27 · Net assets without donor restrictions
beginning of year $1,674,764 · end of year $1,401,919
-
28 · Net assets with donor restrictions
beginning of year $1,675,721 · end of year $1,741,549
Mission and programs · 2023
Mission
The Hutchinson/Reno County Chamber of Commerce is a Volunteer-Driven Organization dedicated to creating a favorable business climate fo its nearly 740 members. The organization has been building a stronger economy and better business community since its inception in 1919.
Activities or mission (Part I)
The Hutchinson/Reno County Chamber of Commerce is the catalyst for a Prosperous Business Community
-
Operation of convention and visitors bureau for Reno County
Expenses $164,365 · Revenue $306,722
-
Operation of Market Hutchinson program for the promotion of retail business for the city of Hutchinson, City of South Hutchinson and Reno County
Expenses $49,734 · Revenue $87,221
-
Promotion of Business, Economic and Industrial development for the City of Hutchinson, City of South Hutchinson and Reno County - NJCAA Tournament
Expenses $56,738 · Revenue $71,915
As filed on the 2023 return.
Listed in Part VII
-
Joe Ontjes
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Nick Baldetti
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Niki Harvey
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Rob Hanson
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Brett Henry
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Tony Hoover
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Dr Dawn Johnson
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Scott Meggers
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Fankhauser
Chair Elect
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Rule
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Bryan Schulz
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Dave Sotelo
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Dan Springer
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Pitts
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Anrea Finley
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Brooke Stover
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Janeishka Venegas
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Lori Bower
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Debra Teufel
President/CEO
- Total calculated
- $217,781
- From this org
- $217,781
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $211,781
- Bonus
- $0
- Other
- $6,000
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $217,781
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
- 1a · First-class or charter travel
Answered no
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- Part I, Line 1a
- Debra Teufel trip to Dubai with the KARL program.
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.
-
501(c)(6) · Promote Growth and Development for Reno County · KS
-
Downtown Hutchinson Revitalization Partnership
501(c)(6) · Promote Activity in the Downtown Thru Events and Relibation of Historic Bldg · KS
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433209349312768
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