Civic Intelligence

Atlantic Chamber of Commerce

990 • Fiscal year 2020 • EIN 42-0121770

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 02, 2021

102 Chestnut StreetAtlantic, IA 50022

(712) 243-3017

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.00x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

38th percentile

-3.6%

Higher net margin than 38% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$48,333

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 19.4% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

25th percentile

-13%

Faster asset growth than 25% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

73rd percentile

-2.5%

Faster revenue growth than 73% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$61,555

Down $8,906 (-13%) from 2019

Net Assets

Down

$61,555

Down $8,906 (-13%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$249,178

Down $6,341 (-2.5%) from 2019

Expenses

Down

$258,084

Down $3,855 (-1.5%) from 2019

Net Income

Down

-$8,906

Down $2,486 (-39%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $122,092Liabilities 2010: $9,247Net Assets 2010: $112,8452010Assets 2011: $145,348Liabilities 2011: $6,706Net Assets 2011: $138,6422011Assets 2012: $107,021Liabilities 2012: $4,349Net Assets 2012: $102,6722012Assets 2013: $83,731Liabilities 2013: $2,179Net Assets 2013: $81,5522013Assets 2014: $57,409Liabilities 2014: $0Net Assets 2014: $57,4092014Assets 2015: $64,130Liabilities 2015: $0Net Assets 2015: $64,1302015Assets 2016: $68,985Liabilities 2016: $0Net Assets 2016: $68,9852016Assets 2017: $83,550Liabilities 2017: $0Net Assets 2017: $83,5502017Assets 2018: $76,882Liabilities 2018: $0Net Assets 2018: $76,8822018Assets 2019: $70,461Liabilities 2019: $0Net Assets 2019: $70,4612019Assets 2020: $61,555Liabilities 2020: $0Net Assets 2020: $61,5552020Assets 2021: $69,418Liabilities 2021: $0Net Assets 2021: $69,4182021Assets 2022: $44,895Liabilities 2022: $0Net Assets 2022: $44,8952022Assets 2023: $24,956Liabilities 2023: $0Net Assets 2023: $24,9562023Assets 2024: $28,763Liabilities 2024: $0Net Assets 2024: $28,7632024

Highlighted filing

2020

Assets$61,555
Liabilities$0
Net Assets$61,555

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $218,0212010Revenue 2011: $236,964Expenses 2011: $215,583Net Income 2011: $21,3812011Expenses 2012: $311,5742012Revenue 2013: $210,812Expenses 2013: $231,932Net Income 2013: -$21,1202013Revenue 2014: $202,360Expenses 2014: $226,503Net Income 2014: -$24,1432014Revenue 2015: $301,447Expenses 2015: $294,726Net Income 2015: $6,7212015Revenue 2016: $323,790Expenses 2016: $318,935Net Income 2016: $4,8552016Revenue 2017: $270,800Expenses 2017: $256,315Net Income 2017: $14,4852017Revenue 2018: $263,265Expenses 2018: $269,933Net Income 2018: -$6,6682018Revenue 2019: $255,519Expenses 2019: $261,939Net Income 2019: -$6,4202019Revenue 2020: $249,178Expenses 2020: $258,084Net Income 2020: -$8,9062020Revenue 2021: $242,178Expenses 2021: $234,316Net Income 2021: $7,8622021Revenue 2022: $248,537Expenses 2022: $273,168Net Income 2022: -$24,6312022Revenue 2023: $227,071Expenses 2023: $247,197Net Income 2023: -$20,1262023Revenue 2024: $291,476Expenses 2024: $287,669Net Income 2024: $3,8072024

Highlighted filing

2020

Revenue$249,178
Expenses$258,084
Net Income-$8,906
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 2, 2021
Return Version
2020v4.1
Gross Receipts
$249,178
Mission and Program Overview

Mission

To promote businesses and bolster activity within atlantic, iowa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$48,250$40,446▼ $7,804
Land, Buildings, and Equipment, Net$16,015$11,212▼ $4,803
Savings and Temporary Cash Investments$6,196$9,897▲ $3,701
Total Assets$70,461$61,555▼ $8,906
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$70,461$61,555▼ $8,906
Total Net Assets Fund Balance$70,461$61,555▼ $8,906
Total Liabilities and Net Assets / Fund Balance$70,461$61,555▼ $8,906

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,212$42,998-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bailey SmithExecutive DirectorFT$48,333$48,333

Board Members and Trustees

NameTitle
Melissa IhnenPast President
Doug GiffordPresident
Scott Bennett2nd Vice President
Mike RuddyVice President
Abby WashburnDirector
Amy CoenenDirector
Brett AltmanDirector
Brian RugeDirector
Cassie BernsDirector
Erin FreundDirector
Lori ReidDirector
Nick HarrisDirector
Tim CappelDirector
Kent HansonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$153,167
Program Service Revenue
$90,289
Investment Income
$1
Other Revenue
$5,721
All Other Contributions
$29,690
Change in Net Assets
$-8,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$169,956
Salaries, Compensation, and Employee Benefits$88,128
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$0$0$0$48,333
Other Salaries and Wages$0$0$0$28,672
Office Expenses$0$0$0$15,910
Advertising$0$0$0$15,367
Occupancy$0$0$0$12,087
Fees for Services Accounting$0$0$0$6,600
Payroll Taxes$0$0$0$4,942
Depreciation Depletion$0$0$0$4,803
Other Employee Benefits$0$0$0$4,100
Insurance$0$0$0$4,016
All Other Expenses$0$0$0$3,190
Other Expenses$0$0$0$2,299
Pension Plan Contributions$0$0$0$2,081
Conferences and Meetings$0$0$0$1,025
Total Functional Expenses$0$0$0$258,084
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
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
VariousVariousSee BelowNo$0
Governance and Compliance

Governance Checklist

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

Filer

Filer Name
Atlantic Chamber of Commerce
EIN
42-0121770
Phone
7122433017
Address
102 CHESTNUT STREET, ATLANTIC, IA 50022

Signing Officer

Name
Bailey Smith
Title
Executive Director
Phone
7122433017
Signed
2021-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bailey Smith
Formed
1941
Legal Domicile
Ia
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
600

Preparer

Firm
Rush CPA & Associates PLLC
Address
222 Chestnut Street Suite 102, Atlantic, IA 50022
Preparer
Ben Rush CPA
Phone
7122437770
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Many of the transactions the organization makes involve related parties. Many board members are local business owners who are chamber members which the organization does business with on a day-to-day basis

Pt VI, Line 6

Businesses and individuals pay memberships to be a part of the chamber of commerce and support events the organization puts on.

Pt VI, Line 7A

Board members are elected by the organization's members.

Pt VI, Line 7B

Major decisions by the board are asked for approval by the organization's members

Pt VI, Line 11B

Board members are emailed a copy of the 990 to review before filing

Pt VI, Line 15A

Board of directors authorizes

Pt VI, Line 15B

Board of directors authorizes

Pt VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available for public inspections upon request

Raw XML AppendixShowing 400 of 453 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE BUSINESSES AND BOLSTER ACTIVITY WITHIN ATLANTIC, IOWA.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt015367
IRS990/AllOtherContributionsAmt029690
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt03190
IRS990/BooksInCareOfDetail/PersonNm0BAILEY SMITH
IRS990/BooksInCareOfDetail/PhoneNum07122433017
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0102 CHESTNUT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0ATLANTIC
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050022
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt048250
IRS990/CashNonInterestBearingGrp/EOYAmt040446
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt048333
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt00
IRS990/ConferencesMeetingsGrp/TotalAmt01025
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0153167
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01
IRS990/CYOtherExpensesAmt0169956
IRS990/CYOtherRevenueAmt05721
IRS990/CYProgramServiceRevenueAmt090289
IRS990/CYRevenuesLessExpensesAmt0-8906
IRS990/CYSalariesCompEmpBnftPaidAmt088128
IRS990/CYTotalExpensesAmt0258084
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0249178
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt00
IRS990/DepreciationDepletionGrp/TotalAmt04803
IRS990/Desc0THE ATLANTIC AREA CHAMBER OF COMMERCE HELD APPOXIMATELY 20 EVENTS AND PROGRAMS TO PROMOTE BUSINESSES AND BOLSTER ACTIVITY WITHIN THE COMMUNITY. ITS LARGEST EVENT WAS ATLANTIC MARKETING PROJECT
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt011527
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt06600
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0DOUG GIFFORD
IRS990/Form990PartVIISectionAGrp/PersonNm1KENT HANSON
IRS990/Form990PartVIISectionAGrp/PersonNm2MELISSA IHNEN
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm4MIKE RUDDY
IRS990/Form990PartVIISectionAGrp/PersonNm5ERIN FREUND
IRS990/Form990PartVIISectionAGrp/PersonNm6BRETT ALTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7CASSIE BERNS
IRS990/Form990PartVIISectionAGrp/PersonNm8LORI REID
IRS990/Form990PartVIISectionAGrp/PersonNm9NICK HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm10BRIAN RUGE
IRS990/Form990PartVIISectionAGrp/PersonNm11ABBY WASHBURN
IRS990/Form990PartVIISectionAGrp/PersonNm12AMY COENEN
IRS990/Form990PartVIISectionAGrp/PersonNm13TIM CAPPEL
IRS990/Form990PartVIISectionAGrp/PersonNm14BAILEY SMITH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1448333
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt32ND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
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/TitleTxt14EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01941
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt052964
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0249178
IRS990/GrossRentsGrp/RealAmt01110
IRS990/GrossSalesOfInventoryAmt04003
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt04016
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt042998
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016015
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011212
IRS990/LandBldgEquipCostOrOtherBssAmt054210
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt070513
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE BUSINESSES AND BOLSTER ACTIVITY WITHIN ATLANTIC, IOWA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt070461
IRS990/NetAssetsOrFundBalancesEOYAmt061555
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt04003
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt04003
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01110
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt01110
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt070461
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt061555
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt012087
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt015910
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04100
IRS990/OtherExpensesGrp/Desc0PROMOTIONAL EVENTS
IRS990/OtherExpensesGrp/Desc1TRC EXPENSE
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3WEBSITE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt099229
IRS990/OtherExpensesGrp/TotalAmt12500
IRS990/OtherExpensesGrp/TotalAmt22930
IRS990/OtherExpensesGrp/TotalAmt32299
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0608
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0608
IRS990/OtherRevenueTotalAmt0608
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt028672
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt04942
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt02081
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BAILEY SMITH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/Desc0COMMUNITY PROMOTION
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt090289
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ATLANTIC AREA CHAMBER OF COMMERCE HELD APPROXIMATELY 20 EVENTS AND PROGRAMS TO PROMOTE BUSINESSES AND BOLSTER ACTIVITY WITHIN THE COMMUNITY. ITS SECOND LARGEST EVENT WAS THE DRIVE IN MOVIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010270
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ATLANTIC AREA CHAMBER OF COMMERCE HELD APPROXIMATELY 20 EVENTS AND PROGRAMS TO PROMOTE BUSINESSES AND BOLSTER ACTIVITY WITH THE COMMUNITY. ITS THIRD LARGEST EVENT WAS CHRISTMAS IN ATLANTIC.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07812
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0142286
IRS990/PYInvestmentIncomeAmt028
IRS990/PYOtherExpensesAmt0161120
IRS990/PYOtherRevenueAmt05097
IRS990/PYProgramServiceRevenueAmt0108108
IRS990/PYRevenuesLessExpensesAmt0-6420
IRS990/PYSalariesCompEmpBnftPaidAmt0100819
IRS990/PYTotalExpensesAmt0261939
IRS990/PYTotalRevenueAmt0255519
IRS990/ReconcilationRevenueExpnssAmt0-8906
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01110
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06196
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09897
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt011212
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042998
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt054210
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011212
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0VARIOUS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0VARIOUS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SEE BELOW
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0MANY OF THE TRANSACTIONS THE ORGANIZATION MAKES INVOLVE RELATED PERSONS. MANY BOARD MEMBERS ARE LOCAL BUSINESS OWNERS WHO ARE CHAMBER MEMBERS WHICH THE ORGANIZATION DOES BUSINESS WITH ON A DAY TO DAY BASIS.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV LINE 1
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANY OF THE TRANSACTIONS THE ORGANIZATION MAKES INVOLVE RELATED PARTIES. MANY BOARD MEMBERS ARE LOCAL BUSINESS OWNERS WHO ARE CHAMBER MEMBERS WHICH THE ORGANIZATION DOES BUSINESS WITH ON A DAY-TO-DAY BASIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESSES AND INDIVIDUALS PAY MEMBERSHIPS TO BE A PART OF THE CHAMBER OF COMMERCE AND SUPPORT EVENTS THE ORGANIZATION PUTS ON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE ELECTED BY THE ORGANIZATION'S MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MAJOR DECISIONS BY THE BOARD ARE ASKED FOR APPROVAL BY THE ORGANIZATION'S MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE EMAILED A COPY OF THE 990 TO REVIEW BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD OF DIRECTORS AUTHORIZES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD OF DIRECTORS AUTHORIZES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTIONS UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt070461
IRS990/TotalAssetsEOYAmt061555
IRS990/TotalAssetsGrp/BOYAmt070461
IRS990/TotalAssetsGrp/EOYAmt061555
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0153167
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0258084
IRS990/TotalGrossUBIAmt05721
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt070461
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt061555
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt029609
IRS990/TotalProgramServiceRevenueAmt090289

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$2.91$2.88$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$2.27$2.47$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$2.49$2.73$0.25
2021Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$2.42$2.34$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$2.49$2.58$0.09
2019Summary only. Only limited summary data is available for this year.$0.70$0.00$0.70$2.56$2.62$0.06
2018Summary only. Only limited summary data is available for this year.$0.77$0.00$0.77$2.63$2.70$0.07
2017Summary only. Only limited summary data is available for this year.$0.84$0.00$0.84$2.71$2.56$0.14
2016Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$3.24$3.19$0.05
2015Summary only. Only limited summary data is available for this year.$0.64$0.00$0.64$3.01$2.95$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$2.02$2.27$0.24
2013Detailed filing. Detailed filing data is available for this year.$0.84$0.02$0.82$2.11$2.32$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.04$1.03$3.12
2011Summary only. Only limited summary data is available for this year.$1.45$0.07$1.39$2.37$2.16$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.09$1.13$2.18