POTEAU CHAMBER OF COMMERCE: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- POTEAU CHAMBER OF COMMERCE (EIN 73-0534052)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202443189349303089
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T08:08:11-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 731440538 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLSWANN & COMPANY CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 603 N BROADWAY ST | AddressLine1Txt |
| City | POTEAU | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74953 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 730534052 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POTEAU CHAMBER OF COMMERCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POTE | BusinessNameControlTxt |
| Phone | 9186479178 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 S BROADWAY ST | AddressLine1Txt |
| City | POTEAU | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74953 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KAREN WAGES | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 9186479178 | PhoneNum |
| Signature | 2024-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nickolas E Wann CPA | PreparerPersonNm |
| PTIN | P02226728 | PTIN |
| Phone | 9186478215 | PhoneNum |
| Preparation | 2024-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KAREN WAGES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 S BROADWAY ST | AddressLine1Txt |
| City | POTEAU | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74953 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $435,068 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1912 | FormationYr |
| Legal Domicile State | OK | LegalDomicileStateCd |
| Activity Or Mission | CHAMBER OF COMMERCE IS A BUSINESS ORGANIZATION TO PROMOTE ECONOMIC DEVELOPMENT OF THE COMMUNITY AND ITS MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $17,382 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $376,623 | PYContributionsGrantsAmt |
| CY Contributions Grants | $282,982 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $29,881 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $67,593 | CYProgramServiceRevenueAmt |
| PY Investment Income | $170 | PYInvestmentIncomeAmt |
| CY Investment Income | $256 | CYInvestmentIncomeAmt |
| PY Other Revenue | $49,287 | PYOtherRevenueAmt |
| CY Other Revenue | $65,154 | CYOtherRevenueAmt |
| PY Total Revenue | $455,961 | PYTotalRevenueAmt |
| CY Total Revenue | $415,985 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $250 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $147,304 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $140,383 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $406,000 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $347,141 | PYOtherExpensesAmt |
| CY Other Expenses | $344,386 | CYOtherExpensesAmt |
| PY Total Expenses | $494,695 | PYTotalExpensesAmt |
| CY Total Expenses | $484,769 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$38,734 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$68,784 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $326,018 | TotalAssetsBOYAmt |
| Total Assets EOY | $274,378 | TotalAssetsEOYAmt |
| Total Liabilities BOY | -$1,296 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,506 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $327,314 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $260,872 | NetAssetsOrFundBalancesEOYAmt |
| Mission | CHAMBER OF COMMERCE IS A BUSINESS ORGANIZATION TO PROMOTE ECONOMIC DEVELOPMENT OF THE COMMUNITY AND ITS MEMBERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $31,069 | ExpenseAmt |
| Revenue | $26,661 | RevenueAmt |
| Desc | THE POTEAU CHAMBER DIRECTORY MEMBERSHIP PROVIDE ADVERTISING FOR LOCAL BUSINESSES IN THE COMMUNITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $47,700 | ExpenseAmt |
| Revenue | $40,932 | RevenueAmt |
| Desc | The Chamber has an economic development program that teaches young professionals about the local economy and how they can have an impact as the seek out business opertunities in the local economy. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $78,769 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POTEAU CHAMBER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9186479178 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 S BROADWAY ST | AddressLine1Txt |
| City | POTEAU | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74953 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|---|
| KAREN | ||||||||
| WAGES | 40.00 | Yes (X) | Yes (X) | $66,042 | $0 | $0 | ||
| Jennifer | ||||||||
| BELT | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| HOLLY | ||||||||
| BORMANN | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| TRACY | ||||||||
| GERLACH | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| AMADOR | ||||||||
| MARTINEZ | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| MELISSA | ||||||||
| STONE | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| DAVID | ||||||||
| DEATON | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| SAME | ||||||||
| STACY | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| LINDSEY | ||||||||
| COOPER | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| KREG | ||||||||
| HANEY | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| AMY | ||||||||
| HALL | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| SCOTT | ||||||||
| KEMPENICH | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| ALICIA | ||||||||
| MINKS | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| TYLER | ||||||||
| ATKINSON | 3.00 | $0 | $0 | $0 | Yes (X) | |||
| THOMAS | ||||||||
| CUNNINGHAM | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| MICHAEL | ||||||||
| CULWELL | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| PEGGY | ||||||||
| ADAMS | 3.00 | $0 | $0 | $0 | Yes (X) | |||
| ASHBY | ||||||||
| WATSON | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| AMY | ||||||||
| LEMON | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $66,042 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Membership Dues | $41,262 | MembershipDuesAmt |
| Fundraising | $238,070 | FundraisingAmt |
| All Other Contributions | $3,650 | AllOtherContributionsAmt |
| Total Contributions | $282,982 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Chamber Membership Directory | 813410 | $26,661 | $0 | $0 |
| ECONOMIC DEVELOPMENT | 926110 | $40,932 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $67,593 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $256 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $30,000 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $19,083 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $10,917 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,917 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,917 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $238,070 | ContriRptFundraisingEventAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| CREDIT CARD FEES | 926110 | $115 | $115 | $0 | $0 |
| CHRISTMAS PARADE | 926110 | $228 | $228 | $0 | $0 |
| REIMBURSEMENTS | 926110 | $6,512 | $6,512 | $0 | $0 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,382 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $47,382 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $17,382 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $54,237 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $415,985 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $133,003 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $17,382 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,042 | TotalAmt |
| Program Services | $10,731 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $55,311 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,174 | TotalAmt |
| Program Services | $7,340 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $37,834 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,762 | TotalAmt |
| Program Services | $286 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $1,476 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,493 | TotalAmt |
| Program Services | $3,005 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $15,488 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,912 | TotalAmt |
| Program Services | $1,448 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $7,464 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,336 | TotalAmt |
| Program Services | $1,679 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $8,657 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $800 | TotalAmt |
| Program Services | $130 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $670 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,565 | TotalAmt |
| Program Services | $4,154 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $21,411 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,735 | TotalAmt |
| Program Services | $1,094 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $5,641 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27 | TotalAmt |
| Program Services | $4 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $23 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,566 | TotalAmt |
| Program Services | $3,017 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $15,549 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59 | TotalAmt |
| Program Services | $10 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $49 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,065 | TotalAmt |
| Program Services | $1,148 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $5,917 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,233 | TotalAmt |
| Program Services | $1,825 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $9,408 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $264,000 | TotalAmt |
| Program Services | $42,898 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $221,102 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $484,769 | TotalAmt |
| Program Services | $78,769 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $406,000 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,199 | BOYAmt |
| EOY | $92,304 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,368 | BOYAmt |
| EOY | $84,688 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $875 | BOYAmt |
| EOY | $875 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $154,986 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $58,475 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,576 | BOYAmt |
| EOY | $96,511 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,018 | BOYAmt |
| EOY | $274,378 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,296 | BOYAmt |
| EOY | $13,506 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,296 | BOYAmt |
| EOY | $13,506 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $327,314 | BOYAmt |
| EOY | $260,872 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $327,314 | BOYAmt |
| EOY | $260,872 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,018 | BOYAmt |
| EOY | $274,378 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$68,784 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | $2,342 | PriorPeriodAdjustmentsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $35,200 | InvestmentCostOrOtherBasisAmt |
| Book Value | $35,200 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $77,278 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $28,569 | DepreciationAmt |
| Book Value | $48,709 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $4,717 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $4,717 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $37,791 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $25,189 | DepreciationAmt |
| Book Value | $12,602 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $96,511 | TotalBookValueLandBuildingsAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BALLOON FEST | Event1Nm |
| Gross Receipts Event1 | $111,881 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $111,881 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $118,294 | OtherDirectExpensesEvent1Amt |
| Event2 | Jeff Shockley Memorial GT | Event2Nm |
| Gross Receipts Event2 | $15,218 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $15,218 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $17,725 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $127,099 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $127,099 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $136,019 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $136,019 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$8,920 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 6 | The Chamber is made up of individual and business members who pay membership dues, volunteer to help with any projects they wish , and who elect the Board of Directors through an annual vote. |
| Pt VI, Line 7a | The membership is notified annully of the election for Board of Directors, and all members in good standing have opportunity to vote in the election. |
| Pt VI, Line 7b | The Board of directors meets regularly according to the Open Meeting Laws of Oklahoma. All members are welcome to attend and voice their opinions on any discussions or decisions made. |
| Pt VI, Line 11b | The tax return will be presented to the governing body for review and will be signed by the executive director before filing. |
| Pt VI, Line 15a | Employee compensation is reviewed by the executive director after verifying that the compensation is reasonable. |
| Pt VI, Line 15b | Compensation for all employees, upon recommendation by the executive Director , is reviewed by both the executive/ personnel committee and then by the board of directors. |
| Pt XII, Line 1 | THE ORGANIZATION HAS SWITCHED TO THE MODIFIED CASH BASIS OF ACCOUNTING FOR FEDERAL INCOME TAX PURPOSES. NO IRS FORM 3115 IS REQUIRED PER NOTICE 96-30; 1996-1 C.B. 378. |
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