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Nonprofiteer
← CHAMBER OF COMMERCE OF GRINNELL

Form 990 for tax year 2023

Filed by CHAMBER OF COMMERCE OF GRINNELL.

Totals

Total revenue
$244,862
Total expenses
$235,128
Contributions and grants received
$144,326
Grants paid
$0
Program service revenue
$97,988
Investment income
$2,548
Other revenue
$0
Total assets, end of year
$308,234
Total liabilities, end of year
$221,412
Net assets or fund balances, end of year
$86,822
Program services expenses (Part IX)
$45,392
Management and general expenses
$166,033
Fundraising expenses
$23,703
Program service expenses (Part III)
$45,392

Program services were 19.3% 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.

  • 1b · Membership dues

    $144,326

  • 2a · Program service revenue: COMMUNITY EVENTS

    total $38,768 · related or exempt $38,768

  • 2b · Program service revenue: MEMBERSHIP PROGRAMS

    total $35,696 · related or exempt $35,696

  • 2c · Program service revenue: CVB EVENTS

    total $23,524 · related or exempt $23,524

  • 3 · Investment income

    total $2,548 · related or exempt $2,548

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $72,562 · program services $10,884 · management and general $50,794 · fundraising $10,884

  • 7 · Other salaries and wages

    total $68,968 · program services $10,345 · management and general $55,354 · fundraising $3,269

  • 9 · Other employee benefits

    total $11 · management and general $11

  • 10 · Payroll taxes

    total $10,980 · program services $1,647 · management and general $1,322 · fundraising $8,011

  • 11c · Fees: accounting

    total $22,525 · management and general $22,525

  • 12 · Advertising and promotion

    total $13,629 · program services $12,266 · management and general $1,363

  • 13 · Office expenses

    total $5,919 · program services $264 · management and general $5,655

  • 16 · Occupancy

    total $14,417 · management and general $13,461 · fundraising $956

  • 17 · Travel

    total $1,116 · program services $446 · management and general $558 · fundraising $112

  • 23 · Insurance

    total $4,510 · program services $2,255 · management and general $1,804 · fundraising $451

  • 24a · Other expenses: OTHER EXPENSES

    total $7,295 · program services $2,084 · management and general $5,191 · fundraising $20

  • 24b · Other expenses: STAFF DEVELOPMENT

    total $4,469 · program services $447 · management and general $4,022

  • 24c · Other expenses: BANK CARD FEES

    total $4,414 · program services $441 · management and general $3,973

  • 24d · Other expenses: COMMUNITY EVENT EXPENSES

    total $2,526 · program services $2,526

  • 24e · All other expenses

    total $1,787 · program services $1,787

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $138,719 · end of year $112,566

  • 2 · Savings and temporary cash investments

    beginning of year $147,673 · end of year $195,638

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

    $72,481

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

    $72,481

  • 15 · Other assets

    beginning of year $59 · end of year $30

  • 25 · Other liabilities

    beginning of year $209,363 · end of year $221,412

  • 31 · Retained earnings, endowment or other funds

    beginning of year $77,088 · end of year $86,822

Mission and programs · 2023

Mission

TO PROVIDE A CENTRAL RESOURCE FOR COMMUNITY INFORMATION AND TO FACILITATE GROWTH & DEVELOPMENT OF THE LOCAL ECONOMY AS WELL AS OVERSEE AND MANAGE SOCIAL NETWORKING ENDEAVORS AND COMMUNITY EVENTS.

  • ORGANIZED MANY SOCIAL NETWORKING AND BUSINESS DEVELOPMENT EVENTS. DEVELOPED MARKETING AND PROMOTIONAL MATERIALS FOR BUSINESS MEMBERS, THE LOCAL COMMUNITY AND THE REGION. MAINTAINED ELECTRONIC COMMUNICATION (I.E. WEBSITE AND SOCIAL COMMUNITY SITES) AS WELL AS PRINTED MATERIALS TO HIGHLIGHT GRINNELL AS A DESTINATION FOR BUSINESS AND TOURISTS.

    Expenses $45,392 · Revenue $97,988

As filed on the 2023 return.

Listed in Part VII

  • RACHAEL KINNICK

    EXECUTIVE DI

    Total calculated
    $72,563
    From this org
    $72,563
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • JOE BAGNOLI

    DIRECTOR

    Total calculated
    $0
  • ALICIA BLANKENFELD

    DIRECTOR

    Total calculated
    $0
  • JESSICA DILLON

    DIRECTOR

    Total calculated
    $0
  • SHANE HART

    DIRECTOR

    Total calculated
    $0
  • JENNIFER HAVENS

    DIRECTOR

    Total calculated
    $0
  • CAROL JORDAN

    DIRECTOR

    Total calculated
    $0
  • SALLY LANG

    DIRECTOR

    Total calculated
    $0
  • STEVE LANGERUD

    DIRECTOR

    Total calculated
    $0
  • JOEY PAGLIAI

    DIRECTOR

    Total calculated
    $0
  • JOEL SMITH

    DIRECTOR

    Total calculated
    $0
  • DARCY SWICK

    DIRECTOR

    Total calculated
    $0
  • LORI VOS

    DIRECTOR

    Total calculated
    $0
  • LAUREN AUGUSTIN

    PAST PRESIDE

    Total calculated
    $0
  • STEVE GANT

    PRESIDENT

    Total calculated
    $0
  • BILL MENNER

    TREASURER

    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
27 September 2024
IRS schema version
2023v5.0
Source object
202443049349302869

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