Form 990 for tax year 2025
Filed by TWIN FALLS AREA CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $790,877
- Total expenses
- $769,213
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $519,796
- Investment income
- $1,511
- Other revenue
- $269,570
- Total assets, end of year
- $1,476,874
- Total liabilities, end of year
- $172,354
- Net assets or fund balances, end of year
- $1,304,520
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $571,503
Program services were 0.0% 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.
-
2a · Program service revenue: MEMBERSHIP INCOME
total $389,007 · related or exempt $389,007
-
2b · Program service revenue: PROGRAM AND EVENT
total $67,320 · related or exempt $67,320
-
2c · Program service revenue: SPONSORSHIP
total $63,469 · related or exempt $63,469
-
3 · Investment income
total $1,511 · related or exempt $1,511
-
10a · Gross sales of inventory
$488,120
-
10b · Cost of goods sold
$224,327
-
10c · Net income from sales of inventory
total $263,793 · related or exempt $263,793
-
11a · Other revenue: OTHER
total $5,777 · related or exempt $5,777
-
11e · Other revenue, total
$5,777
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $243,874
-
7 · Other salaries and wages
total $129,985
-
9 · Other employee benefits
total $42,480
-
10 · Payroll taxes
total $33,148
-
12 · Advertising and promotion
total $12,598
-
13 · Office expenses
total $55,686
-
14 · Information technology
total $20,850
-
16 · Occupancy
total $20,933
-
17 · Travel
total $9,018
-
19 · Conferences, conventions and meetings
total $65,583
-
20 · Interest
total $3,824
-
22 · Depreciation, depletion and amortization
total $8,366
-
23 · Insurance
total $3,947
-
24a · Other expenses: BANK & LOAN FEES
total $18,094
-
24b · Other expenses: SUPPLIES
total $33,135
-
24c · Other expenses: SALES TAX
total $23,661
-
24d · Other expenses: FACILITIES
total $44,031
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $102,291 · end of year $136,016
-
4 · Accounts receivable
beginning of year $81,291 · end of year $95,721
-
8 · Inventories for sale or use
beginning of year $80,523 · end of year $83,782
-
10a · Land, buildings and equipment: cost or other basis
$1,867,358
-
10b · Land, buildings and equipment: accumulated depreciation
$706,003
-
10c · Land, buildings and equipment, net
beginning of year $1,169,691 · end of year $1,161,355
-
17 · Accounts payable and accrued expenses
beginning of year $27,146 · end of year $35,623
-
23 · Secured mortgages and notes payable
beginning of year $140,599 · end of year $136,731
-
31 · Retained earnings, endowment or other funds
beginning of year $1,266,051 · end of year $1,304,520
Mission and programs · 2025
Mission
TO PROMOTE BUSINESS AND TOURISM IN THE LOCAL COMMUNITY AND SURROUNDING AREA
Activities or mission (Part I)
THE MISSION OF THE CHAMBER IS TO SUPPORT AND PROTECT THE INTERESTS OF TWIN FALL AREA BUSINESSES
-
TWIN FALLS TODAY LUNCHEONS AND BUSINESS AFTER HOURS AND MEMBERSHIP SERVICES TO PROMOTE BUSINESS GROWTH AND TOURISM INTHE AREA
Expenses $542,303 · Revenue $421,419
-
ADULT LEADERSHIP PROGRAM
Expenses $20,646 · Revenue $28,515
-
STUDENT LEADERSHIP PROGRAM
Expenses $8,554 · Revenue $7,200
As filed on the 2025 return.
Listed in Part VII
-
Kyle TarbetKYLE TARBET
CEO
- Total calculated
- $108,100
- From this org
- $108,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Kathleen HiteKATHLEEN HITE
OPERATIONS MANAGER
- Total calculated
- $72,333
- From this org
- $72,333
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Megan FleshmanMEGAN FLESHMAN
PROGRAMS & EVENTS COORDINAT
- Total calculated
- $63,441
- From this org
- $63,441
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 2025
- Filed
- 9 June 2026
- IRS schema version
- 2025v4.0
- Source object
- 202641609349300639
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