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Nonprofiteer
← CLARINDA CHAMBER OF COMMERCE

Form 990 for tax year 2024

Filed by CLARINDA CHAMBER OF COMMERCE.

Totals

Total revenue
$229,198
Total expenses
$231,070
Contributions and grants received
$170,078
Grants paid
$0
Program service revenue
$0
Investment income
$1,105
Other revenue
$58,015
Total assets, end of year
$199,506
Total liabilities, end of year
$57,407
Net assets or fund balances, end of year
$142,099
Program services expenses (Part IX)
$231,070
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$231,070

Program services were 100.0% 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

    $84,416

  • 1f · All other contributions, gifts and grants

    $85,662

  • 3 · Investment income

    total $1,105 · excluded $1,105

  • 6a · Gross rents

    real property $17,420

  • 6b · Less rental expenses

    real property $2,380

  • 6c · Rental income or loss

    real property $15,040

  • 6d · Net rental income or loss

    total $15,040 · related or exempt $15,040

  • 8a · Fundraising events: gross income

    $63,480

  • 8b · Fundraising events: direct expenses

    $20,505

  • 8c · Net income from fundraising events

    total $42,975 · excluded $42,975

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $56,253 · program services $56,253

  • 7 · Other salaries and wages

    total $46,742 · program services $46,742

  • 8 · Pension plan contributions

    total $2,555 · program services $2,555

  • 9 · Other employee benefits

    total $19,976 · program services $19,976

  • 10 · Payroll taxes

    total $12,068 · program services $12,068

  • 11c · Fees: accounting

    total $582 · program services $582

  • 16 · Occupancy

    total $41,294 · program services $41,294

  • 24a · Other expenses: MEMBERSHIPS AND SUBCRIPTIONS

    total $1,176 · program services $1,176

  • 24b · Other expenses: COMMUNITY PROMOTION EXPENSE

    total $47,294 · program services $47,294

  • 24c · Other expenses: POSTAGE AND PRINTING

    total $3,130 · program services $3,130

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $61,077 · end of year $54,343

  • 2 · Savings and temporary cash investments

    beginning of year $24,899 · end of year $27,850

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

    $117,313

  • 10c · Land, buildings and equipment, net

    beginning of year $117,313 · end of year $117,313

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,247 · end of year $6,029

  • 25 · Other liabilities

    beginning of year $56,178 · end of year $51,378

  • 31 · Retained earnings, endowment or other funds

    beginning of year $142,864 · end of year $142,099

Mission and programs · 2024

Mission

CITY AND AREA ECONOMIC DEVELOPMENT

  • IMPROVEMENT AND BEAUTIFICATION OF DOWNTOWN AREA, TOOK STEPS TO DRAW IN NEW BUSINESSES TO THE COMMUNITY, PROMOTED THE LOCAL COMMUNITY AND BUSINESSES

    Expenses $231,070

As filed on the 2024 return.

Listed in Part VII

  • ELAINE FARWELL

    EXECUTIVE DIRECTOR

    Total calculated
    $72,491
    From this org
    $56,253
    From related orgs
    $0
    Other
    $16,238
    Hours/week
    40

  • BECKIE FINCH

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • TAYLOR STANSBURY

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • MAGGIE BROWN

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • LUKE COX

    ASSOCIATE VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

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
2024
Filed
12 May 2025
IRS schema version
2024v5.1
Source object
202531349349310918

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