Civic Intelligence

Broussard Chamber of Commerce

990 • Fiscal year 2021 • EIN 06-1759949

Jan 01, 2021 to Dec 31, 2021 • Filed on May 11, 2022

Organization ProfileN/A
108 Broad View DriveBroussard, LA 70518

(337) 837-6001

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.09x

Higher debt load relative to assets than 70% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

72nd percentile

0.10x

Higher debt load relative to revenue than 72% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

64th percentile

16%

Higher net margin than 64% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

91st percentile

$70,546

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

66th percentile

18%

Faster asset growth than 66% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

64th percentile

17%

Faster revenue growth than 64% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$456,582

Up $68,471 (+18%) from 2020

Net Assets

Up

$416,320

Up $64,096 (+18%) from 2020

Liabilities

Up

$40,262

Up $4,375 (+12%) from 2020

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin64th percentile

Revenue

Up

$391,629

Up $56,003 (+17%) from 2020

Expenses

Up

$327,533

Up $68,951 (+27%) from 2020

Net Income

Down

$64,096

Down $12,948 (-17%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2014: $1Liabilities 2014: $02014Assets 2015: $61,651Liabilities 2015: -$2502015Assets 2016: $71,876Liabilities 2016: $16,038Net Assets 2016: $55,8382016Assets 2017: $106,827Liabilities 2017: $12,806Net Assets 2017: $94,0212017Assets 2018: $177,014Liabilities 2018: $19,937Net Assets 2018: $157,0772018Assets 2019: $306,342Liabilities 2019: $31,162Net Assets 2019: $275,1802019Assets 2020: $388,111Liabilities 2020: $35,887Net Assets 2020: $352,2242020Assets 2021: $456,582Liabilities 2021: $40,262Net Assets 2021: $416,3202021Assets 2022: $387,187Liabilities 2022: $37,337Net Assets 2022: $349,8502022Assets 2023: $384,737Liabilities 2023: $55,271Net Assets 2023: $329,4662023Assets 2024: $385,048Liabilities 2024: $34,161Net Assets 2024: $350,8872024

Highlighted filing

2021

Assets$456,582
Liabilities$40,262
Net Assets$416,320
Open 2021 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2014: $64,778Expenses 2014: $53,577Net Income 2014: $11,2012014Revenue 2015: $121,110Expenses 2015: $92,400Net Income 2015: $28,7102015Revenue 2016: $141,794Expenses 2016: $147,857Net Income 2016: -$6,0632016Revenue 2017: $274,248Expenses 2017: $236,065Net Income 2017: $38,1832017Revenue 2018: $427,877Expenses 2018: $364,821Net Income 2018: $63,0562018Revenue 2019: $617,865Expenses 2019: $499,762Net Income 2019: $118,1032019Revenue 2020: $335,626Expenses 2020: $258,582Net Income 2020: $77,0442020Revenue 2021: $391,629Expenses 2021: $327,533Net Income 2021: $64,0962021Revenue 2022: $480,269Expenses 2022: $546,739Net Income 2022: -$66,4702022Revenue 2023: $486,382Expenses 2023: $508,452Net Income 2023: -$22,0702023Revenue 2024: $466,085Expenses 2024: $444,664Net Income 2024: $21,4212024

Highlighted filing

2021

Revenue$391,629
Expenses$327,533
Net Income$64,096
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 11, 2022
Return Version
2021v4.0
Gross Receipts
$391,629
Mission and Program Overview

Mission

The broussard chamber of commerce is an organization built on the premise that a strong community rests on the shoulder of a thriving commercial sector. With a mission to "assist in the development and growth of businesses within the community by promoting networking and community service" our chamber has been active in the growth of local commercial development since 2007.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$388,111$456,582▲ $68,471
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$388,111$456,582▲ $68,471
Other Assets Total-$0-
Liabilities
Other Liabilities$35,887$40,262▲ $4,375
Total Liabilities$35,887$40,262▲ $4,375
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$352,224$416,320▲ $64,096
Total Net Assets Fund Balance$352,224$416,320▲ $64,096
Total Liabilities and Net Assets / Fund Balance$388,111$456,582▲ $68,471
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Stacy RomeroCEOFT$70,546$70,546

Board Members and Trustees

NameTitle
Jody SoileauChairman
Mandi PoolerCo Chairman
Nicole LandryPast President
Alex DanosDirector
Ben BuecheDirector
Dawna WaterburyDirector
Erik GuilloryDirector
Jerry LynnDirector
Johnnie BabineauxDirector
Kathy TateDirector
Mary McculloughDirector
Natasha BryanDirector
SUZANNE D'AMBROSIODirector
Mallory HutchinsonSecretary
Terrence RichardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$331,253
Program Service Revenue
$59,536
Investment Income
$840
Other Revenue
$0
All Other Contributions
$309,378
Change in Net Assets
$64,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$185,433
Salaries, Compensation, and Employee Benefits$142,100
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$70,546--$70,546
Other Salaries and Wages$57,993--$57,993
Payroll Taxes$13,561--$13,561
Conferences and Meetings$9,986--$9,986
All Other Expenses$6,817--$6,817
Fees for Services Other$5,349--$5,349
Other Expenses$5,250--$5,250
Information Technology$4,417--$4,417
Advertising$2,660--$2,660
Insurance$2,447--$2,447
Fees for Services Accounting$730--$730
Total Functional Expenses$327,533$0$0$327,533
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Dues Revenue$40,262
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Broussard Chamber of Commerce
EIN
06-1759949
Phone
3378376001
Address
108 Broad View Drive, Broussard, LA 70518

Signing Officer

Name
Stacy Romero
Title
President
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
La
Voting Board Members
16
Independent Board Members
0
Employees
3

Preparer

Firm
Kolder Slaven & Company LLC
Address
183 S BEADLE RD, LAFAYETTE, LA 70508
Preparer
C Burton Kolder CPA
Phone
3372324141
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/USAddress/AddressLine1Txt0108 Broad View Drive
IRS990/USAddress/CityNm0Broussard
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070518
IRS990/VotingMembersGoverningBodyCnt016
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IRS990/WebsiteAddressTxt0N/A
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STACY ROMERO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Broussard Chamber of Commerce
ReturnHeader/Filer/BusinessNameControlTxt0BROU
ReturnHeader/Filer/EIN0061759949
ReturnHeader/Filer/PhoneNum03378376001
ReturnHeader/Filer/USAddress/AddressLine1Txt0108 Broad View Drive
ReturnHeader/Filer/USAddress/CityNm0Broussard
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070518
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721369868
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kolder Slaven & Company LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0183 S BEADLE RD

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$456,582
Liabilities
$40,262
Net assets
$416,320
Revenue
$391,629
Expenses
$327,533
Net income
$64,096
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.85$0.34$3.51$4.66$4.45$0.21
2023Detailed filing. Detailed filing data is available for this year.$3.85$0.55$3.29$4.86$5.08$0.22
2022Detailed filing. Detailed filing data is available for this year.$3.87$0.37$3.50$4.80$5.47$0.66
2021Detailed filing. Detailed filing data is available for this year.$4.57$0.40$4.16$3.92$3.28$0.64
2020Detailed filing. Detailed filing data is available for this year.$3.88$0.36$3.52$3.36$2.59$0.77
2019Detailed filing. Detailed filing data is available for this year.$3.06$0.31$2.75$6.18$5.00$1.18
2018Detailed filing. Detailed filing data is available for this year.$1.77$0.20$1.57$4.28$3.65$0.63
2017Detailed filing. Detailed filing data is available for this year.$1.07$0.13$0.94$2.74$2.36$0.38
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.16$0.56$1.42$1.48$0.06
2015Summary only. Only limited summary data is available for this year.$0.62$0.00$1.21$0.92$0.29
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.65$0.54$0.11