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Nonprofiteer
← DUBUQUE AREA CHAMBER OF COMMERCE

Form 990 for tax year 2023

Filed by DUBUQUE AREA CHAMBER OF COMMERCE.

Totals

Total revenue
$1,555,835
Total expenses
$1,570,040
Contributions and grants received
$119,700
Grants paid
$0
Program service revenue
$1,355,020
Investment income
$23,256
Other revenue
$57,859
Total assets, end of year
$1,218,334
Total liabilities, end of year
$324,454
Net assets or fund balances, end of year
$893,880
Program services expenses (Part IX)
$1,416,353
Management and general expenses
$153,687
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 90.2% 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.

  • 1e · Government grants (contributions)

    $119,700

  • 2a · Program service revenue: AIR SERVICE REVENUE

    total $500,000 · related or exempt $500,000

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $346,137 · related or exempt $346,137

  • 2c · Program service revenue: SPONSORSHIPS

    total $332,720 · related or exempt $332,720

  • 2d · Program service revenue: OTHER PROGRAM REVENUE

    total $93,788 · related or exempt $93,788

  • 2e · Program service revenue: PUBLICATIONS AND MARKETING

    total $40,000 · related or exempt $40,000

  • 2f · All other program service revenue

    total $42,375 · related or exempt $42,375

  • 3 · Investment income

    total $23,256 · excluded $23,256

  • 6a · Gross rents

    real property $57,580

  • 6b · Less rental expenses

    real property $16,644

  • 6c · Rental income or loss

    real property $40,936

  • 6d · Net rental income or loss

    total $40,936 · excluded $40,936

  • 11a · Other revenue: MISCELLANEOUS

    total $16,923 · related or exempt $16,923

  • 11e · Other revenue, total

    $16,923

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $222,760 · program services $137,058 · management and general $85,702

  • 7 · Other salaries and wages

    total $244,225 · program services $234,084 · management and general $10,141

  • 8 · Pension plan contributions

    total $12,642 · program services $11,541 · management and general $1,101

  • 9 · Other employee benefits

    total $23,583 · program services $21,136 · management and general $2,447

  • 10 · Payroll taxes

    total $32,066 · program services $25,732 · management and general $6,334

  • 11c · Fees: accounting

    total $15,300 · program services $12,278 · management and general $3,022

  • 11g · Fees: other

    total $43,714 · program services $35,080 · management and general $8,634

  • 12 · Advertising and promotion

    total $31,755 · program services $31,755

  • 13 · Office expenses

    total $17,903 · program services $15,095 · management and general $2,808

  • 14 · Information technology

    total $21,185 · program services $20,549 · management and general $636

  • 16 · Occupancy

    total $46,598 · program services $34,106 · management and general $12,492

  • 17 · Travel

    total $5,442 · program services $4,367 · management and general $1,075

  • 19 · Conferences, conventions and meetings

    total $11,917 · program services $9,563 · management and general $2,354

  • 22 · Depreciation, depletion and amortization

    total $39,105 · program services $31,381 · management and general $7,724

  • 23 · Insurance

    total $14,797 · program services $11,874 · management and general $2,923

  • 24a · Other expenses: AIR SERVICE

    total $500,000 · program services $500,000

  • 24b · Other expenses: MEMBER PROGRAMS

    total $166,232 · program services $166,232

  • 24c · Other expenses: SPECIAL EVENTS

    total $38,774 · program services $38,774

  • 24d · Other expenses: MEMBERSHIP AFFAIRS

    total $30,591 · program services $30,591

  • 24e · All other expenses

    total $51,451 · program services $45,157 · management and general $6,294

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $300 · end of year $300

  • 2 · Savings and temporary cash investments

    beginning of year $659,203 · end of year $650,877

  • 4 · Accounts receivable

    beginning of year $40,073 · end of year $44,875

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,486 · end of year $18,621

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

    $1,349,392

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

    $861,180

  • 10c · Land, buildings and equipment, net

    beginning of year $519,329 · end of year $488,212

  • 15 · Other assets

    beginning of year $20,996 · end of year $15,449

  • 17 · Accounts payable and accrued expenses

    beginning of year $77,137 · end of year $93,662

  • 19 · Deferred revenue

    beginning of year $249,169 · end of year $215,343

  • 25 · Other liabilities

    beginning of year $20,996 · end of year $15,449

  • 27 · Net assets without donor restrictions

    beginning of year $908,085 · end of year $893,880

Mission and programs · 2023

Mission

TO SERVE, PROMOTE AND PROTECT OUR MEMBERS AND THE GREATER GOOD OF THE BUSINESS COMMUNITY MAKING DUBUQUE THE BEST PLACE TO LIVE, WORK, PLAY AND DO BUSINESS.

  • THE CHAMBER SERVES ITS MEMBERS BY STRENGTHENING THE REGIONAL ECONOMY, REPRESENTING BUSINESS INTERESTS TO GOVERNMENT, LEADERSHIP DEVELOPMENT, AND PROMOTING DUBUQUE, IOWA AS A GREAT CHOICE FOR BUSINESS, CAREER, AND QUALITY OF LIFE. DURING THE YEAR ENDED JUNE 30,2024 THE ORGANIZATION HAD OVER 5,000 MEMBERS AND SUBSCRIBERS REPRESENTING OVER 52,000 JOBS IN THE COMMUNITY. THE ORGANIZATION HOSTED OVER 400 PROGRAMS, EVENTS, AND ACTIVITIES IN WHICH OVER 14,000 PEOPLE ATTENDED.

As filed on the 2023 return.

Listed in Part VII

  • ALANDA GREGORY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SCOTT DESOUSA LEFT 624

    IMMEDIATE PA

    Total calculated
    $0
    Hours/week
    0

  • KAY TAKES

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • TYSON LEYENDECKER LEFT 624

    TREASURER

    Total calculated
    $0
    Hours/week
    0

  • DREW TOWNSEND

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LEO HICKIE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TARA DUGGAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KEVIN EHRLICH LEFT 624

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • MIKE FITZPATRICK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MIKE FORTMAN

    IMMEDIATE PA

    Total calculated
    $0
    Hours/week
    1

  • BEN GRAHAM LEFT 624

    FIRST VICE C

    Total calculated
    $0
    Hours/week
    0

  • NICOLE HUTCHISON LEFT 624

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • NICOLE SUTTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER HAVENS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BRIAN RAKESTRAW

    1ST VICE CHA

    Total calculated
    $0
    Hours/week
    1

  • KATIE THOMAS

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • WENDY RUNDE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • STEVE DAVIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVID SANDMAN LEFT 624

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • TONYA TRUMM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHAD WOLBERS

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • KIM WOLFF LEFT 624

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • JACK MESCHER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ALEJANDRO FERNANDEZ

    2ND VICE CHA

    Total calculated
    $0
    Hours/week
    1

  • BECKY CONLON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BRAD CAVANAGH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHERYL SYKE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVE DAVIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • HARLEY POTHOFF

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JASON MOELLER LEFT 624

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • JOE HEARN LEFT 624

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • LISA WITTMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LYNN BREITHAUPT LEFT 624

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • TARYN KAFER LEFT 624

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • TODD DALSING

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TOM PFIFFNER LEFT 624

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • MOLLY GROVER

    PRESIDENT &

    Total calculated
    $171,322
    From this org
    $152,855
    From related orgs
    $0
    Other
    $18,467
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,855
    Bonus
    not reported
    Other
    not reported
    Deferred
    $18,467
    Nontaxable benefits
    not reported
    Filer's total
    $171,322

  • KURT KIEFFER

    VP OF FINANC

    Total calculated
    $51,438
    From this org
    $47,000
    From related orgs
    $0
    Other
    $4,438
    Hours/week
    40

  • RICK LORENZEN LEFT 323

    FORMER VP OF

    Total calculated
    $9,603
    From this org
    $9,175
    From related orgs
    $0
    Other
    $428
    Hours/week
    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. 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

  • 3 · Compensation committee

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
2023
Filed
30 October 2024
IRS schema version
2023v5.0
Source object
202423059349300037

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