Form 990 for tax year 2024
Filed by CHAMBER OF COMMERCE OF ST JOSEPH COUNTY.
Totals
- Total revenue
- $8,677,505
- Total expenses
- $8,493,728
- Contributions and grants received
- $1,270,780
- Grants paid
- $0
- Program service revenue
- $7,028,000
- Investment income
- $214,066
- Other revenue
- $164,659
- Total assets, end of year
- $4,132,210
- Total liabilities, end of year
- $1,637,647
- Net assets or fund balances, end of year
- $2,494,563
- Program services expenses (Part IX)
- $7,834,375
- Management and general expenses
- $659,353
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $7,834,375
Program services were 92.2% 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
$838,298
-
1f · All other contributions, gifts and grants
$432,482
-
2a · Program service revenue: HOTEL/MOTEL TAX REVENUE
total $7,028,000 · related or exempt $7,028,000
-
3 · Investment income
total $214,066 · related or exempt $214,066
-
8a · Fundraising events: gross income
$433,621
-
8b · Fundraising events: direct expenses
$379,127
-
8c · Net income from fundraising events
total $54,494
-
11a · Other revenue: CONTRIBUTIONS AND PLEDGES
total $70,165 · related or exempt $70,165
-
11b · Other revenue: ADMINISTRATIVE FEES
total $40,000 · related or exempt $40,000
-
11e · Other revenue, total
$110,165
Functional expenses
Part IX, the statement of functional expenses.
-
6 · Compensation of disqualified persons
total $223,442 · management and general $223,442
-
7 · Other salaries and wages
total $1,092,430 · program services $945,959 · management and general $146,471
-
8 · Pension plan contributions
total $80,812 · program services $56,621 · management and general $24,191
-
9 · Other employee benefits
total $176,769 · program services $144,453 · management and general $32,316
-
10 · Payroll taxes
total $80,314 · program services $75,529 · management and general $4,785
-
11g · Fees: other
total $226,382 · program services $137,066 · management and general $89,316
-
12 · Advertising and promotion
total $6,008,440 · program services $6,003,146 · management and general $5,294
-
13 · Office expenses
total $52,429 · program services $45,339 · management and general $7,090
-
16 · Occupancy
total $215,340 · program services $166,889 · management and general $48,451
-
17 · Travel
total $59,934 · program services $55,015 · management and general $4,919
-
22 · Depreciation, depletion and amortization
total $20,310 · program services $12,707 · management and general $7,603
-
23 · Insurance
total $16,816 · program services $13,318 · management and general $3,498
-
24a · Other expenses: DUES & SUBSCRIPTIONS
total $107,099 · program services $80,724 · management and general $26,375
-
24b · Other expenses: COMPUTER SUPPORT
total $55,768 · program services $41,493 · management and general $14,275
-
24c · Other expenses: BAD DEBTS
total $38,078 · program services $29,043 · management and general $9,035
-
24d · Other expenses: REPAIRS AND MAINTENANCE
total $12,631 · program services $10,259 · management and general $2,372
-
24e · All other expenses
total $26,734 · program services $16,814 · management and general $9,920
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,750,319 · end of year $2,999,588
-
4 · Accounts receivable
beginning of year $109,805 · end of year $118,229
-
9 · Prepaid expenses and deferred charges
beginning of year $12,000 · end of year $12,000
-
10a · Land, buildings and equipment: cost or other basis
$208,277
-
10b · Land, buildings and equipment: accumulated depreciation
$121,396
-
10c · Land, buildings and equipment, net
beginning of year $75,849 · end of year $86,881
-
15 · Other assets
beginning of year $1,006,537 · end of year $915,512
-
17 · Accounts payable and accrued expenses
beginning of year $124,519 · end of year $179,198
-
19 · Deferred revenue
beginning of year $512,668 · end of year $542,937
-
25 · Other liabilities
beginning of year $1,006,537 · end of year $915,512
-
27 · Net assets without donor restrictions
beginning of year $2,310,786 · end of year $2,494,563
Mission and programs · 2024
Mission
THE CHAMBER OF COMMERCE OF ST. JOSEPH COUNTY, INC. WAS FOUNDED IN 1909 AS A PRIVATE, NOT-FOR-PROFIT MEMBER ASSOCIATION TO SERVE ITS MEMBER BUSINESSES AND ADVANCE COMMUNITY PROSPERITY. THE CHAMBER IS DEDICATED TO ITS MEMBERS' GROWTH AND PROSPERITY. THE CHAMBER IS THE PRIMARY ADVOCATE FOR AREA BUSINESS AND IS COMMITTED TO HELPING MEMBERS COMPETE BY PROVIDING LEADERSHIP, ADVOCACY AND SERVICES.
-
THE CONVENTION AND VISITORS BUREAU PROGRAM IS FOCUSED UPON ATTRACTING MEETINGS, CONVENTIONS, SPORTS, AND OTHER LEISURE ACTIVITIES AND VISITORS TO STIMULATE ECONOMIC GROWTH IN ST. JOSEPH COUNTY, INDIANA.
Expenses $7,193,642 · Revenue $7,028,000
-
THE MEMBER SERVICES PROGRAM PROVIDES SERVICES TO ITS MEMBER BUSINESSES AND ADVANCE COMMUNITY PROSPERITY. THE CHAMBER IS DEDICATED TO ITS MEMBERS' GROWTH AND PROSPERITY.
Expenses $599,163 · Revenue $838,298
-
ECONOMIC DEVELOPMENT SERVES AS THE LEAD ECONOMIC DEVELOPMENT ORGANIZATION FOR ST. JOSEPH COUNTY, INDIANA, FOCUSING ON BUSINESS ATTRACTION, START UP, GROWTH AND RETENTION ACTIVITIES.
Expenses $41,570
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
JEFFREY REA
CEO
- Total calculated
- $198,274
- From this org
- $198,274
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $198,274
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $198,274
-
SCOTT BREWER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
KYLE CHAMBERLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
DEBIE COBLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
THERESA CRUTHIRD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MIKE DAIGLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SUSAN ELROD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
CHRIS FIELDING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MATT HELMKAMP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JANET HORVATH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
CHRIS KARAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ANDREW KOSTIELNEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
TED LERMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
RYAN MATTHYS
FINANCE CHAI
- Total calculated
- $0
- Hours/week
- 2
-
MARK MINNE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
BHUMIKA NORRIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JASON OSTERHAGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
AJ PATEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
TIM SEXTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JOHN SMARRELLA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
LARRY TRACY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SHELLI WORKMAN
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 2
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 February 2025
- IRS schema version
- 2024v5.0
- Source object
- 202510439349300826
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