Civic Intelligence

Kokomohoward Co Chamber of Commerce

EIN 35-0836678 • 501(c)6 • Kokomo, IN

Profile

For existing businesses who are looking to expand their business and increase their profitability, the chamber of commerce programs are designed to provide value-added business information and education, business to business networking opportunities, and advocacy for business-friendly policy. These resources can be used as tools for local businesses to leverage assets and grow.

700 E Firmin St 200Kokomo, IN 46902

www.greaterkokomo.com/CHAMBER-OF-COMMERCE

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

98th percentile

$133,440

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 39.1% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

15th percentile

-47%

Faster asset growth than 15% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

5.0%

Faster revenue growth than 60% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$174,870

Down $135,736 (-44%) from 2022

Liabilities

Down

$0

Down $149 (-100%) from 2022

Net Assets

Down

$174,870

Down $135,587 (-44%) from 2022

Revenue

Up

$341,354

Up $56,978 (+20%) from 2022

Expenses

Up

$301,273

Up $31,421 (+12%) from 2022

Net Income

Up

$40,081

Up $25,557 (+176%) from 2022

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $439,451Liabilities 2010: $191,743Net Assets 2010: $247,7082010Assets 2011: $490,050Liabilities 2011: $322,211Net Assets 2011: $167,8392011Assets 2012: $574,598Liabilities 2012: $454,209Net Assets 2012: $120,3892012Assets 2013: $458,098Liabilities 2013: $395,120Net Assets 2013: $62,9782013Assets 2014: $179,026Liabilities 2014: $1,946Net Assets 2014: $177,0802014Assets 2016: $258,718Liabilities 2016: $2,370Net Assets 2016: $256,3482016Assets 2017: $264,832Liabilities 2017: $1,190Net Assets 2017: $263,6422017Assets 2019: $225,665Liabilities 2019: $507Net Assets 2019: $225,1582019Assets 2021: $295,028Liabilities 2021: $95Net Assets 2021: $294,9332021Assets 2022: $310,606Liabilities 2022: $149Net Assets 2022: $310,4572022Assets 2024: $174,870Liabilities 2024: $0Net Assets 2024: $174,8702024

Highlighted filing

2024

Assets$174,870
Liabilities$0
Net Assets$174,870

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $255,2502010Expenses 2011: $280,8632011Expenses 2012: $217,8082012Revenue 2013: $196,307Expenses 2013: $253,718Net Income 2013: -$57,4112013Revenue 2014: $248,423Expenses 2014: $134,321Net Income 2014: $114,1022014Revenue 2016: $227,542Expenses 2016: $204,795Net Income 2016: $22,7472016Revenue 2017: $210,997Expenses 2017: $203,703Net Income 2017: $7,2942017Revenue 2019: $257,741Expenses 2019: $277,676Net Income 2019: -$19,9352019Revenue 2021: $269,472Expenses 2021: $196,768Net Income 2021: $72,7042021Revenue 2022: $284,376Expenses 2022: $269,852Net Income 2022: $14,5242022Revenue 2024: $341,354Expenses 2024: $301,273Net Income 2024: $40,0812024

Highlighted filing

2024

Revenue$341,354
Expenses$301,273
Net Income$40,081

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$366,654
Mission and Program Overview

Mission

For existing businesses who are looking to expand their business and increase their profitability, the chamber of commerce programs are designed to provide value-added business information and education, business to business networking opportunities, and advocacy for business-friendly policy. These resources can be used as tools for local businesses to leverage assets and grow.

To improve the business environment in our area with programs and services that stimulate economic growth and enhance our quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$327,383$143,646▼ $183,737
Cash and Non-Interest-Bearing Accounts$-728$26,417▲ $27,145
Land, Buildings, and Equipment, Net$2,558$4,807▲ $2,249
Total Assets$329,213$174,870▼ $154,343
Liabilities
Accounts Payable and Accrued Expenses$478--
Total Liabilities$478$0▼ $478
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$328,735$174,870▼ $153,865
Total Net Assets Fund Balance$328,735$174,870▼ $153,865
Total Liabilities and Net Assets / Fund Balance$329,213$174,870▼ $154,343

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,807$22,663$27,470
Compensation and Service Providers

Employees

NameTitleOtherTotal
Lori DukesCEO & President$133,440$133,440

Board Members and Trustees

NameTitle
Cary MawbeyChair
Amanda LewtonDirector
Amy PateDirector
Blake RollinsDirector
Christina VaughnDirector
Derek McmichaelDirector
Don DamronDirector
Ethan HeicherDirector
Jack DoddDirector
Jeff GriffinDirector
Jeremy KeatingDirector
John CardwellDirector
John RobertsDirector
Josh CoxDirector
Kirk DanielsDirector
Krystal RubleDirector
Lori WarrenDirector
Mark CanadaDirector
Mark DuboisDirector
Scot OrtmanDirector
Susan PerryDirector
Tony StewartDirector
Tyler MooreDirector
Paul WymanSecretary
Robb BlumeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$38,069
Program Service Revenue
$299,717
Investment Income
$3
Other Revenue
$3,565
Change in Net Assets
$40,081

Audited Revenue Reconciliation

Revenue per Audited Statements
$341,354
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$70,300
Total Revenue per Audited Statements
$411,654
Total Revenue per Form 990
$341,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$223,360
Other Expenses$77,913
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$190,182
Office Expenses---$19,666
Payroll Taxes---$15,532
Other Employee Benefits---$14,239
Fees for Services Accounting---$8,000
Advertising---$5,831
Pension Plan Contributions---$3,407
Travel---$2,324
Fees for Services Other---$2,183
Conferences and Meetings---$1,369
Other Expenses---$157
Total Functional Expenses$0$0$0$301,273

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$371,573
Expenses per Audited Statements$301,273
Total Expenses per Form 990$301,273
Expenses Not Reported on Form 990$70,300
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$28,090
Fundraising Direct Expenses$25,300
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$33,603$14,938$1,842$13,096
Annual Meeting$32,556$13,152$3,173$9,979
Total Events$66,159$28,090$25,300$2,790
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Businesses wishing to be members of the chamber of commerce pay membership fees.

Form 990, Part VI, Section B, Line 11B

The president and finance officer of the board review the 990 before it is filed.

Form 990, Part VI, Section B, Line 15A

The compensation package for the president is determined from a salary and benefit range report prepared by a professional employment company. Compensation is determined and paid by related organization.

Form 990, Part VI, Section C, Line 19

Copies of the governing documents, the conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Kokomohoward Co Chamber of Commerce
EIN
35-0836678
Phone
7654575301
Address
700 E FIRMIN ST 200, KOKOMO, IN 46902

Signing Officer

Name
Lori Dukes
Title
President
Phone
7654575301
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lori Dukes
Formed
1914
Legal Domicile
In
Voting Board Members
25
Independent Board Members
25
Employees
0
Volunteers
150

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 SW ADAMS STREET SUITE 1000, PEORIA, IL 61602
Preparer
Andrew Smith CPA
Phone
3096714500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Intercompany transfer -193,178.

FORM 990, PART XI, LINE 2C:

A committee oversees the audit of the financial statements and the process for this has not changed since the prior year's tax return was filed.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 25,300.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 25,300.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt25131100
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt24CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt25CEO & PRESIDENT
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IRS990/FSAuditedInd01
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IRS990/GrantsToOrganizationsInd00
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0FOR EXISTING BUSINESSES WHO ARE LOOKING TO EXPAND THEIR BUSINESS AND INCREASE THEIR PROFITABILITY, THE CHAMBER OF COMMERCE PROGRAMS ARE DESIGNED TO PROVIDE VALUE-ADDED BUSINESS INFORMATION AND EDUCATION, BUSINESS TO BUSINESS NETWORKING OPPORTUNITIES, AND ADVOCACY FOR BUSINESS-FRIENDLY POLICY. THESE RESOURCES CAN BE USED AS TOOLS FOR LOCAL BUSINESSES TO LEVERAGE ASSETS AND GROW.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NondeductibleContriDisclInd01
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/Desc3OTHER TAXES
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027470
IRS990ScheduleD/ExpensesNotReportedAmt070300
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