Overview

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Est.

1932

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

The Spencer Chamber of Commerce, with EIN 42-0537390, is dedicated to promoting civic, economic, industrial, and agricultural development in Spencer, Iowa. With an operating budget of $414.2K and total revenue of $302.9K for the 2024 filing year, the organization aims to create jobs and enhance economic opportunities in the area. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit their website at http://spenceriowachamber.org/.

Mission Statement

Promote civic, economic, industrial, and agricultural development. The association is committed to fostering an environment which creates jobs, enhances economic opportuinities, and improves the quality of life in the area.
Revenues
$302.9K
Expenses
$414.2K
Net Income:
-$111.3K
Assets
$255.1K
Liabilities
$144.7K
Net Assets:
+$110.4K
Operating Budget
$414.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$5K
Largest grant received
$5K
R
Rod Meendering
Board Member
C
Chris Self
Board Member
D
Dawn Sassman
Board Member

Frequently Asked Questions

What is SPENCER CHAMBER OF COMMERCE’s budget?
In 2024, SPENCER CHAMBER OF COMMERCE reported an annual operating budget of around $414 thousand. More detailed financial information is available to registered users.
What causes does SPENCER CHAMBER OF COMMERCE support?
SPENCER CHAMBER OF COMMERCE supports work in Business promotion.
Where does SPENCER CHAMBER OF COMMERCE operate?
SPENCER CHAMBER OF COMMERCE is headquartered in Spencer, IA.
Who funded SPENCER CHAMBER OF COMMERCE recently?
In 2024, SPENCER CHAMBER OF COMMERCE received grants from PERRY & TERESA PEARSON FOUNDATION INC, SPENCER MAIN STREET COMPANY, and AARP. More information on this organization’s funders is available to registered users.
What is the largest grant SPENCER CHAMBER OF COMMERCE received in 2024?
The largest grant to SPENCER CHAMBER OF COMMERCE in 2024 exceeds $5,000.
What is SPENCER CHAMBER OF COMMERCE’s reliance on government grants?
SPENCER CHAMBER OF COMMERCE relied on government grants for more than 30% of their total revenue in 2024.