Form 990 for tax year 2023
Filed by JOPLIN AREA CHAMBER OF COMMERCE FOUNDATION.
Totals
- Total revenue
- $857,617
- Total expenses
- $1,322,709
- Contributions and grants received
- $203,262
- Grants paid
- $0
- Program service revenue
- $590,135
- Investment income
- $0
- Other revenue
- $64,220
- Total assets, end of year
- $4,558,064
- Total liabilities, end of year
- $154,109
- Net assets or fund balances, end of year
- $4,403,955
- Program services expenses (Part IX)
- $1,321,919
- Management and general expenses
- $540
- Fundraising expenses
- $250
- Program service expenses (Part III)
- $1,321,919
Program services were 99.9% 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.
-
1e · Government grants (contributions)
$54,332
-
1f · All other contributions, gifts and grants
$148,930
-
2a · Program service revenue: ATTIC LEASE
total $242,202 · related or exempt $242,202
-
2b · Program service revenue: PROGRAM
total $224,396 · related or exempt $224,396
-
2c · Program service revenue: NIC LEASE
total $82,437 · related or exempt $82,437
-
2d · Program service revenue: LEADERSHIP
total $41,100 · related or exempt $41,100
-
11a · Other revenue: OTHER INCOME
total $64,220 · related or exempt $64,220
-
11e · Other revenue, total
$64,220
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $52,868 · program services $52,868
-
11a · Fees: management
total $7,950 · program services $7,950
-
11b · Fees: legal
total $5,054 · program services $5,054
-
11c · Fees: accounting
total $5,530 · program services $5,530
-
12 · Advertising and promotion
total $8,281 · program services $8,281
-
13 · Office expenses
total $2,003 · program services $2,003
-
16 · Occupancy
total $237,916 · program services $237,916
-
19 · Conferences, conventions and meetings
total $677 · program services $677
-
22 · Depreciation, depletion and amortization
total $443,158 · program services $443,158
-
23 · Insurance
total $79,368 · program services $79,368
-
24a · Other expenses: PROGRAM SUPPLIES
total $172,059 · program services $172,059
-
24b · Other expenses: ADMINISTRATIVE EXPENSES
total $129,000 · program services $128,210 · management and general $540 · fundraising $250
-
24c · Other expenses: ADMINISTRATIVE EXPENSE
total $75,000 · program services $75,000
-
24d · Other expenses: OTHER OPERATING EXPENSES
total $41,040 · program services $41,040
-
24e · All other expenses
total $62,805 · program services $62,805
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $52,330 · end of year $22,503
-
4 · Accounts receivable
beginning of year $56,760 · end of year $77,931
-
9 · Prepaid expenses and deferred charges
beginning of year $5,964 · end of year $7,381
-
10a · Land, buildings and equipment: cost or other basis
$8,139,239
-
10b · Land, buildings and equipment: accumulated depreciation
$3,777,041
-
10c · Land, buildings and equipment, net
beginning of year $4,797,358 · end of year $4,362,198
-
15 · Other assets
beginning of year $37,635 · end of year $88,051
-
17 · Accounts payable and accrued expenses
beginning of year $22,219 · end of year $125,837
-
19 · Deferred revenue
beginning of year $51,181 · end of year $19,351
-
25 · Other liabilities
beginning of year $7,600 · end of year $8,921
-
27 · Net assets without donor restrictions
beginning of year $4,792,023 · end of year $4,340,440
-
28 · Net assets with donor restrictions
beginning of year $77,024 · end of year $63,515
Mission and programs · 2023
Mission
FOUNDED TO FURTHER CHARITABLE, SCIENTIFIC,LITERACY, CIVIC, ATHLETIC, PATRIOTIC, CULTURAL, SOCIAL AND EDUCATIONAL PURPOSES.
-
EDUCATION AND LEADERSHIP PROGRAMS LEADERSHIP JOPLIN IS A PROGRAM DEVELOPED BY THE FOUNDATION AND SPONSORED BY COMMUNITY BUSINESSES TO IDENTIFY, CULTIVATE AND MOTIVATE FUTURE COMMUNITY LEADERS. THE PROGRAM PROVIDES A FOUNDATION FOR PARTICIPANTS TO EXPAND THEIR CURRENT LEADERSHIP ROLES IN THE COMMUNITY.
Expenses $35,613
-
JOSEPH NEWMAN INNOVATION CENTER (NIC) ORIGINALLY THIS PROGRAM WAS DESIGNED AS A SMALL BUSINESS INCUBATION OPERATION WITH BUILDING SPACE RENTED TO TENANTS BY THE SQUARE FOOT. TODAY, THE PROGRAM HAS EVOLVED TO A BUNDLE OF SERVICES AND AMENITIES TO PROVIDE AN INDIVIDUAL OR START-UP BUSINESS THE OPPORTUNITY TO DEVELOP, COLLABORATE, AND GROW IN AN ENVIRONMENT TO LEARN, INSPIRE, AND PROSPER.
Expenses $225,709
-
ADVANCED TRAINING AND TECHNOLOGY CENTER (ATTC) THIS PROGRAM IS A JOINT PROJECT OF THE FOUNDATION,AND CROWDER COLLEGE IN NEOSHO, MISSOURI. THE RENOVATED WAREHOUSE BUILDING PROVIDES EQUIPMENT USED TO TRAIN A WORKFORCE IN ADVANCED WELDING, ADVANCED MANUFACTURING, AND INFORMATION TECHNOLOGY. TO COMPLEMENT THE SMALL BUSINESS INCUBATION OPERATION IN THE NIC, THE ATTC PROVIDES OFFICE SPACE AND OUTREACH TO BUSINESSES CURRENTLY IN STARTUP MODE, WITH THE GOAL OF CREATING JOBS.
Expenses $734,067
-
ONE JOPLIN FUND AND OTHER CHAMBER PROGRAMS ONE JOPLIN FUND IS A STAND-ALONE ENTITY WITH THE MISSOURI SECRETARY OF STATE, BUT THE FOUNDATION IS THE FISCAL SPONSOR AND REPORTS ALL OF THE FINANCIAL INFORMATION. ONE JOPLIN FACILITATES COLLABORATION AND COMMUNICATION AMONG AREA ORGANIZATIONS TO IDENTIFY AND MEET COMMUNITY NEEDS IN POVERTY, HUMAN SERVICES, HEALTH, AND LITERACY. THE CHAMBER FACILITATES MANY OTHER PROGRAMS FOR THE BENEFIT OF THE COMMUNITY.
Expenses $326,530
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Melodee Colbert-KeanMELODEE COLBERT-KEAN
DIRECTOR
- Total calculated
- $0
-
Dean Van GalenDEAN VAN GALEN
DIRECTOR
- Total calculated
- $0
-
Dustin StormDUSTIN STORM
DIRECTOR
- Total calculated
- $0
-
Christina WilliamsCHRISTINA WILLIAMS
DIRECTOR
- Total calculated
- $0
-
Steve GraddySTEVE GRADDY
TREASURER
- Total calculated
- $0
-
Travis StephensTRAVIS STEPHENS
CHAMBER PRES
- 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
- 2023
- Filed
- 17 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540489349301269
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