Civic Intelligence

Hampton Area Chamber of Commerce

EIN 42-0672031 • 501(c)6 • Hampton, IA

Profile

Our mission is to work together to support and encourage growth in the downtown district of Hampton and Franklin County.

5 1st St SWHampton, IA 50441

www.hamptoniowa.org

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

50th percentile

0.00x

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

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

Net Margin

30th percentile

-11%

Higher net margin than 30% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

20th percentile

-27%

Faster asset growth than 20% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

46th percentile

-0.6%

Faster revenue growth than 46% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Up

$90,021

Up $14,201 (+19%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$90,021

Up $14,201 (+19%) from 2023

Revenue

Down

$164,123

Down $224,646 (-58%) from 2023

Expenses

Down

$181,752

Down $309,905 (-63%) from 2023

Net Income

Up

-$17,629

Up $85,259 (+83%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $62,932Liabilities 2011: $0Net Assets 2011: $62,9322011Assets 2012: $61,521Liabilities 2012: $0Net Assets 2012: $61,5212012Assets 2013: $68,611Liabilities 2013: $0Net Assets 2013: $68,6112013Assets 2014: $84,474Liabilities 2014: $0Net Assets 2014: $84,4742014Assets 2015: $94,989Liabilities 2015: $0Net Assets 2015: $94,9892015Assets 2016: $89,400Liabilities 2016: $0Net Assets 2016: $89,4002016Assets 2017: $101,903Liabilities 2017: $0Net Assets 2017: $101,9032017Assets 2018: $110,631Liabilities 2018: $0Net Assets 2018: $110,6312018Assets 2019: $97,993Liabilities 2019: $0Net Assets 2019: $97,9932019Assets 2020: $117,990Liabilities 2020: $0Net Assets 2020: $117,9902020Assets 2021: $182,567Liabilities 2021: $0Net Assets 2021: $182,5672021Assets 2022: $167,652Liabilities 2022: $0Net Assets 2022: $167,6522022Assets 2023: $75,820Liabilities 2023: $0Net Assets 2023: $75,8202023Assets 2024: $90,021Liabilities 2024: $0Net Assets 2024: $90,0212024

Highlighted filing

2024

Assets$90,021
Liabilities$0
Net Assets$90,021

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $143,147Expenses 2011: $147,211Net Income 2011: -$4,0642011Revenue 2012: $170,298Expenses 2012: $171,710Net Income 2012: -$1,4122012Revenue 2013: $159,893Expenses 2013: $152,802Net Income 2013: $7,0912013Revenue 2014: $173,606Expenses 2014: $157,743Net Income 2014: $15,8632014Revenue 2015: $216,471Expenses 2015: $205,946Net Income 2015: $10,5252015Revenue 2016: $210,161Expenses 2016: $215,750Net Income 2016: -$5,5892016Revenue 2017: $217,080Expenses 2017: $204,577Net Income 2017: $12,5032017Revenue 2018: $157,171Expenses 2018: $183,090Net Income 2018: -$25,9192018Revenue 2019: $179,227Expenses 2019: $191,865Net Income 2019: -$12,6382019Revenue 2020: $182,046Expenses 2020: $162,049Net Income 2020: $19,9972020Revenue 2021: $221,092Expenses 2021: $159,270Net Income 2021: $61,8222021Revenue 2022: $166,222Expenses 2022: $181,137Net Income 2022: -$14,9152022Revenue 2023: $388,769Expenses 2023: $491,657Net Income 2023: -$102,8882023Revenue 2024: $164,123Expenses 2024: $181,752Net Income 2024: -$17,6292024

Highlighted filing

2024

Revenue$164,123
Expenses$181,752
Net Income-$17,629

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$1.64$1.82$0.18
2023Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$3.89$4.92$1.03
2022Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$1.66$1.81$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$2.21$1.59$0.62
2020Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$1.82$1.62$0.20
2019Summary only. Only limited summary data is available for this year.$0.98$0.00$0.98$1.79$1.92$0.13
2018Summary only. Only limited summary data is available for this year.$1.11$0.00$1.11$1.57$1.83$0.26
2017Summary only. Only limited summary data is available for this year.$1.02$0.00$1.02$2.17$2.05$0.13
2016Summary only. Only limited summary data is available for this year.$0.89$0.00$0.89$2.10$2.16$0.06
2015Summary only. Only limited summary data is available for this year.$0.95$0.00$0.95$2.16$2.06$0.11
2014Summary only. Only limited summary data is available for this year.$0.84$0.00$0.84$1.74$1.58$0.16
2013Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$1.60$1.53$0.07
2012Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$1.70$1.72$0.01
2011Summary only. Only limited summary data is available for this year.$0.63$0.00$0.63$1.43$1.47$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$174,025
Mission and Program Overview

Mission

Our mission is to work together to support and encourage growth in the downtown districts of Hampton and Franklin County.

Our mission is to unify downtown Hampton with the greater Franklin County area by working together supporting and encouraging growth in the downtown district and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$75,820$90,021▲ $14,201
Cash and Non-Interest-Bearing Accounts$48,706$60,681▲ $11,975
Savings and Temporary Cash Investments$19,281$21,507▲ $2,226
Land, Buildings, and Equipment, Net$7,833$7,833→ $0
Total Assets$75,820$90,021▲ $14,201
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$75,820$90,021▲ $14,201
Total Liabilities and Net Assets / Fund Balance$75,820$90,021▲ $14,201

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,833-$7,833
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dale SchirmerPresident
Terry CarrVice President
Ashley FrancisDirector
Catherine CrooksDirector
Jerre GrefeDirector
Kent MollenbeckDirector
Kyle WhalenDirector
Rebekah AultDirector
Taylor KolbDirector
Bill HittleExecutive Director
Eric ReichertsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$141,564
Program Service Revenue
$9,259
Investment Income
$2,802
Other Revenue
$10,498
All Other Contributions
$61,840
Change in Net Assets
$-17,629
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$75,623
Other Expenses$63,867
Grants and Similar Amounts Paid$42,262
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$39,142--$39,142
Grants to Domestic Individuals$37,262--$37,262
Other Salaries and Wages$31,215--$31,215
Occupancy$16,641--$16,641
All Other Expenses$12,322--$12,322
Office Expenses$9,007--$9,007
Information Technology$5,635--$5,635
Payroll Taxes$5,266--$5,266
Grants to Domestic Orgs$5,000--$5,000
Advertising$3,780--$3,780
Insurance$3,723--$3,723
Fees for Services Accounting$2,450--$2,450
Travel$1,483--$1,483
Conferences and Meetings$1,331--$1,331
Other Expenses$1,029--$1,029
Total Functional Expenses$181,752$0$0$181,752
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$20,400
Gaming Direct Expenses$9,902
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The Organizations membership participates annually in the election of the Board of Directors.

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

The Organization has no formal process to review Form 990 either before or after filing. The officers and directors regularly review financial activity reports as prepared by the Executive Director. Form 990 may be inspected during normal business hours by any officer, director or member.

Form 990, Part VI, Section B, Line 12 A-C

A conflict of interest policy is written and required to be signed annually by new and existing officers, directors, and employees. The policy requires reporting potential conflicts of interest. The forms are reviewed annually or whenever necessary by the Board of Directors.

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

The Executive Directors compensation is reviewed and offered annually by the Board of Directors.

Form 990, Part VI, Section C, Line 19

The Organizations governing documents, conflict of interest statements, and financial information are available for review by request from any officer, director or member during normal business hours.

Filing and Contact Details

Filer

Filer Name
Hampton Area Chamber of Commerce
EIN
42-0672031
Phone
6414565668
Address
5 1ST ST SW, HAMPTON, IA 50441
Doing Business As
Greater Franklin County Chamber of Commerce

Signing Officer

Name
Elisa Van Wert
Title
Executive Director
Phone
6414565668
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elisa Van Wert
Formed
1950
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Rachelle K Thompson CPA PLLC
Address
112 2nd Ave NW, Hampton, IA 50441
Preparer
Rachelle K Thompson
Phone
6414569185
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 Peace Plaza development

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IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ELISA VAN WERT
IRS990/PriorPeriodAdjustmentsAmt031830
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Promotional Events
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09259
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09259
IRS990/ProgSrvcAccomActy2Grp/Desc0Retail promotion
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0117245
IRS990/ProgSrvcAccomActy2Grp/GrantAmt015204
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0110914
IRS990/ProgSrvcAccomActy3Grp/Desc0Occupancy
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt022452
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt010412
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0362354
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt051619
IRS990/PYInvestmentIncomeAmt0583
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0347186
IRS990/PYOtherRevenueAmt015413
IRS990/PYProgramServiceRevenueAmt010419
IRS990/PYRevenuesLessExpensesAmt0-102888
IRS990/PYSalariesCompEmpBnftPaidAmt092852
IRS990/PYTotalExpensesAmt0491657
IRS990/PYTotalRevenueAmt0388769
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-17629
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt046962
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt075820
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt090021
IRS990/SavingsAndTempCashInvstGrp/BOYAmt019281
IRS990/SavingsAndTempCashInvstGrp/EOYAmt021507
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/ScheduleBRequiredInd0false
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt07833
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07833
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07833
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt09500
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt09500
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt011202
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt021700
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt021700
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt010498
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt01702
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt01702
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct00.60000
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicensedStatesCd0IA
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksName/BusinessNameLine1Txt0Rachelle K Thompson CPA PLLC
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0112 2nd Avenue NW
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0Hampton
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0IA
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd050441
IRS990ScheduleG/StatesWhereGamingConductedCd0IA
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 0, Grants and allocations 0, Revenue 0 Peace Plaza development
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organizations membership participates annually in the election of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization has no formal process to review Form 990 either before or after filing. The officers and directors regularly review financial activity reports as prepared by the Executive Director. Form 990 may be inspected during normal business hours by any officer, director or member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A conflict of interest policy is written and required to be signed annually by new and existing officers, directors, and employees. The policy requires reporting potential conflicts of interest. The forms are reviewed annually or whenever necessary by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Executive Directors compensation is reviewed and offered annually by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organizations governing documents, conflict of interest statements, and financial information are available for review by request from any officer, director or member during normal business hours.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12 a-c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15a 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt075820
IRS990/TotalAssetsEOYAmt090021
IRS990/TotalAssetsGrp/BOYAmt075820
IRS990/TotalAssetsGrp/EOYAmt090021
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0141564
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0181752
IRS990/TotalFunctionalExpensesGrp/TotalAmt0181752
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt075820
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt090021
IRS990/TotalProgramServiceExpensesAmt0181752
IRS990/TotalProgramServiceRevenueAmt09259
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt019757
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0164123
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt075820
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt090021
IRS990/TravelGrp/ProgramServicesAmt01483
IRS990/TravelGrp/TotalAmt01483
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05 1ST ST SW
IRS990/USAddress/CityNm0HAMPTON
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050441
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.HAMPTONIOWA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELISA VAN WERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06414565668
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAMPTON AREA CHAMBER OF COMMERCE

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