POTEAU CHAMBER OF COMMERCE: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- POTEAU CHAMBER OF COMMERCE (EIN 73-0534052)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202323199349312882
- Schema version
- 2022v5.0
- 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 | 2023-11-15T10:37:19-08:00 | ReturnTs |
| Tax Period End | 2022-12-31 | 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 | 2022-01-01 | 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 | 2023-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KAREN | PersonFirstNm |
| Person Last | WAGES | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| 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 | PreparerPersonNm |
| PTIN | P02226728 | PTIN |
| Phone | 9186478215 | PhoneNum |
| Preparation | 2023-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | 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 | $455,961 | 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 | $79,338 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $145,680 | PYContributionsGrantsAmt |
| CY Contributions Grants | $376,623 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $29,881 | CYProgramServiceRevenueAmt |
| PY Investment Income | $239 | PYInvestmentIncomeAmt |
| CY Investment Income | $170 | CYInvestmentIncomeAmt |
| PY Other Revenue | $102,178 | PYOtherRevenueAmt |
| CY Other Revenue | $49,287 | CYOtherRevenueAmt |
| PY Total Revenue | $248,097 | PYTotalRevenueAmt |
| CY Total Revenue | $455,961 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $250 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $126,375 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $147,304 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $247,096 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $68,336 | PYOtherExpensesAmt |
| CY Other Expenses | $347,141 | CYOtherExpensesAmt |
| PY Total Expenses | $194,711 | PYTotalExpensesAmt |
| CY Total Expenses | $494,695 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $53,386 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$38,734 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $251,852 | TotalAssetsBOYAmt |
| Total Assets EOY | $326,018 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,623 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | -$1,296 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $243,229 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $327,314 | 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 | $20,003 | ExpenseAmt |
| Revenue | $22,115 | 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 | $13,786 | ExpenseAmt |
| Revenue | $7,766 | RevenueAmt |
| Desc | THE POTEAU CHAMBER HAS A ECONOMIC DEVELOPEMENT PROGRAM WHERE IT TRAINS PROFESSIONALS IN THE COMMUNITY AND GIVES THEM A BROAD EDUCATION OF OF LOCAL ECONOMIC ACTIVITY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $33,789 | 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 (18 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) | $57,106 | $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) | |||
| LAURA | ||||||||
| TAYLOR | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| TYLER | ||||||||
| AKINSON | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| DAVID | ||||||||
| DEATON | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| AMY | ||||||||
| LOMON | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| JARROD | ||||||||
| RIDENOUR | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| KREG | ||||||||
| HANEY | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| DUSTIN | ||||||||
| GREEN | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| DARENDA | ||||||||
| JOSEPH | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| JENNIFER | ||||||||
| SOMMERS | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| ASHBY | ||||||||
| WATSON | 3.00 | $0 | $0 | $0 | Yes (X) | |||
| CHRIS | ||||||||
| WARD | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| THOMAS | ||||||||
| CUNNINGHAM | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| MICHAEL | ||||||||
| CULWELL | 3.00 | $0 | $0 | $0 | Yes (X) | |||
| PEGGY | ||||||||
| ADAMS | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $57,106 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Membership Dues | $60,745 | MembershipDuesAmt |
| Fundraising | $260,430 | FundraisingAmt |
| All Other Contributions | $55,448 | AllOtherContributionsAmt |
| Total Contributions | $376,623 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Chamber Membership Directory | 813410 | $22,115 | $22,115 | $0 |
| ECONOMIC DEVELOPMENT | 926110 | $7,766 | $7,766 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $29,881 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $170 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $170 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $31,000 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $31,000 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,000 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $31,000 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $260,430 | 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 | $374 | $0 | $374 | $0 |
| CHRISTMAS PARADE | 926110 | $28 | $0 | $28 | $0 |
| REIMBURSEMENTS | 926110 | $3,069 | $0 | $3,069 | $0 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,816 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $14,816 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $18,287 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $455,961 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $79,338 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,106 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $57,106 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,159 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $63,159 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,625 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $2,625 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,609 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $14,609 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,805 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $9,805 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,306 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $5,306 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,500 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $2,500 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $325 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $325 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,218 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $3,218 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,372 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $24,372 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,340 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $11,340 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,713 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,713 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FUND RAISER EVENT EXPENSE | $237,134 | $0 | $0 | $237,134 |
| ECONOMIC DEVELOPMENT | $13,640 | $13,640 | $0 | $0 |
| LICENSES AND PERMITS | $146 | $146 | $0 | $0 |
| MAINTENANCE | $17,482 | $0 | $17,482 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,965 | TotalAmt |
| Program Services | $20,003 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $9,962 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $494,695 | TotalAmt |
| Program Services | $33,789 | ProgramServicesAmt |
| Management And General | $213,560 | ManagementAndGeneralAmt |
| Fundraising | $247,096 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,277 | BOYAmt |
| EOY | $116,199 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,973 | BOYAmt |
| EOY | $105,368 | 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 | $51,410 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,727 | BOYAmt |
| EOY | $103,576 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,852 | BOYAmt |
| EOY | $326,018 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,623 | BOYAmt |
| EOY | -$1,296 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,623 | BOYAmt |
| EOY | -$1,296 | 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 | $243,229 | BOYAmt |
| EOY | $327,314 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,229 | BOYAmt |
| EOY | $327,314 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,852 | BOYAmt |
| EOY | $326,018 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$38,734 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | $122,819 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| 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 | $25,759 | DepreciationAmt |
| Book Value | $51,519 | 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 | $20,934 | DepreciationAmt |
| Book Value | $16,857 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $103,576 | TotalBookValueLandBuildingsAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BALLOON FEST | Event1Nm |
| Gross Receipts Event1 | $111,626 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $111,626 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $140,196 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $111,626 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $111,626 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $140,196 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $140,196 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$28,570 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 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. |
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