Civic Intelligence

Oakland Regional Chamber of Commerc

EIN 20-2157707 • 501(c)6 • Oakland, TN

Profile

The oakland chamber is a nonprofit action agency, designed to support and enhance the economic environment and qulaity of life in our community. It is organized for the purpose of promoting and advancing the buisness, professional, cultural and civic welfare fo the community.

PO Box 413Oakland, TN 38060

www.oaklandtnchamber.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

0.90x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

1.26x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

36th percentile

-6.8%

Higher net margin than 36% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

41st percentile

-6.6%

Faster asset growth than 41% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

52nd percentile

0.5%

Faster revenue growth than 52% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$147,814

Down $10,393 (-6.6%) from 2018

Liabilities

Down

$132,523

Down $3,251 (-2.4%) from 2018

Net Assets

Down

$15,291

Down $7,142 (-32%) from 2018

Operations
Liabilities / Revenue98th percentileNet Margin36th percentile

Revenue

Up

$105,317

Up $529 (+0.5%) from 2018

Expenses

Down

$112,459

Down $11,016 (-8.9%) from 2018

Net Income

Up

-$7,142

Up $11,545 (+62%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $76,175Liabilities 2011: $0Net Assets 2011: $76,1752011Assets 2012: $158,802Liabilities 2012: $1,100Net Assets 2012: $157,7022012Assets 2013: $140,460Liabilities 2013: $22,746Net Assets 2013: $117,7142013Assets 2014: $92,291Liabilities 2014: $11,943Net Assets 2014: $80,3482014Assets 2015: $240,725Liabilities 2015: $154,232Net Assets 2015: $86,4932015Assets 2016: $189,873Liabilities 2016: $148,247Net Assets 2016: $41,6262016Assets 2017: $180,547Liabilities 2017: $139,427Net Assets 2017: $41,1202017Assets 2018: $158,207Liabilities 2018: $135,774Net Assets 2018: $22,4332018Assets 2019: $147,814Liabilities 2019: $132,523Net Assets 2019: $15,2912019

Highlighted filing

2019

Assets$147,814
Liabilities$132,523
Net Assets$15,291
Open 2019 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KExpenses 2011: $35,0802011Expenses 2012: $71,7772012Revenue 2013: $107,815Expenses 2013: $137,117Net Income 2013: -$29,3022013Revenue 2014: $133,520Expenses 2014: $141,679Net Income 2014: -$8,1592014Revenue 2015: $115,377Expenses 2015: $116,504Net Income 2015: -$1,1272015Revenue 2016: $177,032Expenses 2016: $182,576Net Income 2016: -$5,5442016Revenue 2017: $177,815Expenses 2017: $178,321Net Income 2017: -$5062017Revenue 2018: $104,788Expenses 2018: $123,475Net Income 2018: -$18,6872018Revenue 2019: $105,317Expenses 2019: $112,459Net Income 2019: -$7,1422019

Highlighted filing

2019

Revenue$105,317
Expenses$112,459
Net Income-$7,142
Open 2019 Filing

Filings

Most recent year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$147,814
Liabilities
$132,523
Net assets
$15,291
Revenue
$105,317
Expenses
$112,459
Net income
-$7,142
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$1.48$1.33$0.15$1.05$1.12$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.58$1.36$0.22$1.05$1.23$0.19
2017Detailed filing. Detailed filing data is available for this year.$1.81$1.39$0.41$1.78$1.78$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.90$1.48$0.42$1.77$1.83$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.41$1.54$0.86$1.15$1.17$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.92$0.12$0.80$1.34$1.42$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.40$0.23$1.18$1.08$1.37$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.01$1.58$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$0.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 7, 2022
Return Version
2019v5.0
Gross Receipts
$105,317
Mission and Program Overview

Mission

The Oakland Chamber is a nonprofit action agency, designed to support and enhance the economic environment and quality of life in our community. It is organized for the purpose of promoting and advancing the business, professional, cultural, and civic welfare of the community.

The oakland chamber is a nonprofit action agency, designed to support and enhance the economic environment and qulaity of life in our community. It is organized for the purpose of promoting and advancing the buisness, professional, cultural and civic welfare fo the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$151,542$147,563▼ $3,979
Cash and Non-Interest-Bearing Accounts$6,665$251▼ $6,414
Total Assets$158,207$147,814▼ $10,393
Liabilities
Mortgage Notes Payable Secured by Investment Property$134,689$131,445▼ $3,244
Accounts Payable and Accrued Expenses$1,085$1,078▼ $7
Total Liabilities$135,774$132,523▼ $3,251
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,234$9,092▼ $7,142
Net Assets With Donor Restrictions$6,199$6,199→ $0
Total Net Assets Fund Balance$22,433$15,291▼ $7,142
Total Liabilities and Net Assets / Fund Balance$158,207$147,814▼ $10,393

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$122,563$20,195$142,758
Land$25,000-$25,000
Equipment-$763$763
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Amber Beard BeanDirector
Barbara CanadyDirector
Chas SelfDirector
Dave OwensDirector
Donnie OwenDirector
Josh HolleyDirector
Melissa DevallDirector
Tina NealDirector
Linda LarkinOfficer
Kaitlyn PeperoneSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$36,630
Program Service Revenue
$68,681
Investment Income
$6
Other Revenue
$0
Change in Net Assets
$-7,142
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$60,079
Salaries, Compensation, and Employee Benefits$52,380
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$23,304$23,304-$46,608
All Other Expenses$6,177$3,876-$10,053
Occupancy-$6,111-$6,111
Fees for Services Accounting-$5,350-$5,350
Interest-$4,942-$4,942
Depreciation Depletion$763$3,979-$4,742
Office Expenses-$4,500-$4,500
Payroll Taxes$1,786$1,786-$3,572
Other Expenses$3,092--$3,092
Other Employee Benefits$1,100$1,100-$2,200
Advertising$2,113--$2,113
Insurance-$2,067-$2,067
Total Functional Expenses$55,444$57,015$0$112,459
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
In-house lobbying only
No
Subject to proxy tax
Yes
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Oakland Regional Chamber of Commerc
EIN
20-2157707
Phone
9014660286
Address
PO BOX 413, OAKLAND, TN 38060

Signing Officer

Name
Linda Larkin
Title
Officer
Phone
9014962352
Signed
2022-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pattie Krepela
Formed
2004
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
15

Preparer

Firm
Culver Pllc
Address
7041 HIGHWAY 64, OAKLAND, TN 38060-3209
Preparer
Jeremy Matthews CPA
Phone
9014669797
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The oakland chamber is a nonprofit action agency, designed to support and enhance the economic environment and qulaity of life in our community. It is organized for the purpose of promoting and advancing the buisness, professional, cultural and civic welfare fo the community.”

Form 990, Page 2, Part III, Line 4D

“Membership general activities”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OAKLAND CHAMBER IS A NONPROFIT ACTION AGENCY, DESIGNED TO SUPPORT AND ENHANCE THE ECONOMIC ENVIRONMENT AND QULAITY OF LIFE IN OUR COMMUNITY. IT IS ORGANIZED FOR THE PURPOSE OF PROMOTING AND ADVANCING THE BUISNESS, PROFESSIONAL, CULTURAL AND CIVIC WELFARE FO THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP GENERAL ACTIVITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA LARKIN
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ReturnHeader/BusinessOfficerGrp/PhoneNum09014962352
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OAKLAND REGIONAL CHAMBER OF COMMERC
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CULVER PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07041 HIGHWAY 64
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAKLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0380603209
ReturnHeader/PreparerPersonGrp/PhoneNum09014669797
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY MATTHEWS CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-03-09T12:09:30-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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