Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $261,860

• 1c · Fundraising events

  $5,129

• 1d · Related organizations

  $48,980

• 1f · All other contributions, gifts and grants

  $106,139

• 2a · Program service revenue: MEMBERSHIP DUES

  total $1,070,067 · related or exempt $1,070,067

• 2b · Program service revenue: EDUCATION PROGRAMS

  total $343,509 · related or exempt $343,509

• 2c · Program service revenue: NETWORKING PROGRAMS

  total $204,574 · related or exempt $204,574

• 2d · Program service revenue: ECONOMIC DEVELOPMENT

  total $55,431 · related or exempt $55,431

• 3 · Investment income

  total $15,291 · excluded $15,291

• 8a · Fundraising events: gross income

  $70,200

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

  $5,129

• 8b · Fundraising events: direct expenses

  $14,710

• 8c · Net income from fundraising events

  total $55,490 · excluded $55,490

• 11a · Other revenue: INSURANCE - HEALTH

  total $275,000 · related or exempt $164,383 · unrelated business $110,617

• 11b · Other revenue: INSURANCE - WC

  total $145,000 · related or exempt $107,000 · unrelated business $38,000

• 11c · Other revenue: CONTRACTS AND PRODUCTS

  total $37,693 · related or exempt $8,290 · unrelated business $29,403

• 11d · All other revenue

  total $1,250 · related or exempt $1,250

• 11e · Other revenue, total

  $458,943

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $478,565

• 7 · Other salaries and wages

  total $777,545

• 9 · Other employee benefits

  total $215,657

• 10 · Payroll taxes

  total $83,376

• 11a · Fees: management

  total $32,325

• 11b · Fees: legal

  total $540

• 11c · Fees: accounting

  total $23,500

• 11g · Fees: other

  total $44,664

• 12 · Advertising and promotion

  total $73,311

• 13 · Office expenses

  total $66,568

• 14 · Information technology

  total $16,928

• 16 · Occupancy

  total $82,286

• 17 · Travel

  total $35,240

• 19 · Conferences, conventions and meetings

  total $50,696

• 22 · Depreciation, depletion and amortization

  total $80,168

• 23 · Insurance

  total $15,733

• 24a · Other expenses: PROJECT EXPENSE

  total $220,513

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $57,632

• 24c · Other expenses: TELEPHONE

  total $36,206

• 24d · Other expenses: REPAIRS & MAINTENENCE

  total $12,628

• 24e · All other expenses

  total $38,424

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,190,791 · end of year $861,349

• 2 · Savings and temporary cash investments

  beginning of year $550,166 · end of year $900,501

• 4 · Accounts receivable

  beginning of year $573,259 · end of year $777,567

• 9 · Prepaid expenses and deferred charges

  beginning of year $38,902 · end of year $53,031

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

  $766,363

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

  $337,255

• 10c · Land, buildings and equipment, net

  beginning of year $481,709 · end of year $429,108

• 15 · Other assets

  beginning of year $259,542 · end of year $228,974

• 17 · Accounts payable and accrued expenses

  beginning of year $105,309 · end of year $201,118

• 19 · Deferred revenue

  beginning of year $716,969 · end of year $692,393

• 25 · Other liabilities

  beginning of year $390,178 · end of year $364,060

• 27 · Net assets without donor restrictions

  beginning of year $1,881,913 · end of year $1,992,959

The filer's explanations (Part III)

PART I, LINE 1A:

THE ORGANIZATION PAYS FOR DUES FOR THE PRESIDENT & CEO AT THE NCR CLUB. THE PRESIDENT & CEO REIMBURSES THE ORGANIZATION FOR ANY PERSONAL USE AT THE CLUB AND THE CHAMBER UTILIZES THE MEMBERSHIP FOR ORGANIZATIONAL FUNCTIONS.