Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
EIN 47-0095161 • 501(c)6 • Lincoln, NE
Profile
The nebraska chamber of commerce & industry (the chamber) is a statewide business organization established to maintain and improve the economic progress and business climate of the state of nebraska. The chamber was organized to promote, encourage and protect all aspects and elements of the private free enterprise system in nebraska, by coordinating activities and promoting cooperation between commerce and industry, government agencies, employers, employees and the public in general.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
87th percentile
Higher net margin than 87% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 7.3% of source-year revenue.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Assets
Up$3,072,978
Up $987,788 (+47%) from 2023
Liabilities
Down$1,173,835
Down $15,780 (-1.3%) from 2023
Net Assets
Up$1,899,143
Up $1,003,568 (+112%) from 2023
Revenue
Up$3,826,247
Up $1,091,647 (+40%) from 2023
Expenses
Up$2,926,260
Up $204,622 (+7.5%) from 2023
Net Income
Up$899,987
Up $887,025 (+6843%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The nebraska chamber of commerce & industry (the chamber) is a statewide business organization established to maintain and improve the economic progress and business climate of the state of nebraska. The chamber was organized to promote, encourage and protect all aspects and elements of the private free enterprise system in nebraska, by coordinating activities and promoting cooperation between commerce and industry, government agencies, employers, employees and the public in general.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $769,766 | $873,765 | ▲ $103,999 |
| Cash and Non-Interest-Bearing Accounts | $211,856 | $749,975 | ▲ $538,119 |
| Investments Other Securities | $9,956 | $519,575 | ▲ $509,619 |
| Land, Buildings, and Equipment, Net | $399,737 | $323,045 | ▼ $76,692 |
| Savings and Temporary Cash Investments | $52,974 | $60,285 | ▲ $7,311 |
| Accounts Receivable | - | $48,695 | - |
| Pledges and Grants Receivable | $86,254 | $14,700 | ▼ $71,554 |
| Prepaid Expenses and Deferred Charges | $1,340 | $11,351 | ▲ $10,011 |
| Total Assets | $2,085,190 | $3,072,978 | ▲ $987,788 |
| Other Assets Total | $553,307 | $471,587 | ▼ $81,720 |
| Liabilities | |||
| Other Liabilities | $1,140,838 | $1,121,139 | ▼ $19,699 |
| Accounts Payable and Accrued Expenses | $48,777 | $52,696 | ▲ $3,919 |
| Total Liabilities | $1,189,615 | $1,173,835 | ▼ $15,780 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $855,470 | $1,583,630 | ▲ $728,160 |
| Net Assets With Donor Restrictions | $40,105 | $315,513 | ▲ $275,408 |
| Total Net Assets Fund Balance | $895,575 | $1,899,143 | ▲ $1,003,568 |
| Total Liabilities and Net Assets / Fund Balance | $2,085,190 | $3,072,978 | ▲ $987,788 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $284,019 | $240,324 | $524,343 |
| Equipment | $39,026 | $111,180 | $150,206 |
| Other Assets Org | $4,791 | - | - |
| Other Securities | $519,575 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Bryan Slone | President | FT | $277,500 | $5,652 | $277,500 |
| James Berringer | Senior VP-ms | FT | $205,259 | - | $205,259 |
| James Berringer | Senior VP-mship/mktg | - | $205,259 | - | $205,259 |
| Michael Johnson | Chief Operat | FT | $174,464 | $5,652 | $180,116 |
| Michael Johnson | Chief Operating Off | - | $174,464 | - | $180,116 |
| Name | Title |
|---|---|
| Todd Duncan | Chairman |
| Joel Russell | Chairman El |
| Ryan Parker | Past Chairma |
| Tony Urban | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,994,546 |
| Other Expenses | $931,714 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $1,182,624 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $457,616 |
| Conferences and Meetings | - | - | - | $157,932 |
| Occupancy | - | - | - | $147,927 |
| Pension Plan Contributions | - | - | - | $132,979 |
| Other Employee Benefits | - | - | - | $115,756 |
| Payroll Taxes | - | - | - | $105,571 |
| Fees for Services Other | - | - | - | $91,780 |
| Office Expenses | - | - | - | $77,586 |
| Depreciation Depletion | - | - | - | $76,692 |
| Fees for Services Accounting | - | - | - | $64,769 |
| Insurance | - | - | - | $31,130 |
| Other Expenses | - | - | - | $23,122 |
| Travel | - | - | - | $22,225 |
| All Other Expenses | - | - | - | $20,447 |
| Fees for Services Legal | - | - | - | $10,376 |
| Interest | - | - | - | $2,943 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $869 |
| Fees for Services Management | - | - | - | $599 |
| Total Functional Expenses | $0 | $0 | $0 | $2,926,260 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Amount |
|---|---|
| Current Year Nondeductible Lobbying and Political Cost | $345,881 |
| Total Nondeductible Lobbying and Political Cost | $345,881 |
| Liability | Amount |
|---|---|
| Operating Lease Liability | $481,026 |
| Unearned Membership Dues | $188,835 |
| Office Loan | $177,537 |
| Unearned Sponsorships | $163,333 |
| Unearned Meetings | $49,500 |
| Accrued Compensation | $39,684 |
| Due to Affiliated Organizations | $15,000 |
| Payroll Taxes Payable | $3,640 |
| Retirement Contributions Payable | $2,584 |
“G. Richard russell joel russell father-son”
“Membership elects officers & directors”
“Draft provided to treasurer and president for review before filing”
“Policy is reviewed at the beginning of each board of directors and executive council meetings”
“The executive council, consisting of the elected volunteer officers of the chamber, meets annually in executive session and approves the president's compensation.”
“President recommends salaries for all other staff to executive committee and then committee approves or modifies recommended salary levels.”
“The governing documents and conflict of interest policy are distributed to new members of the governing body (board of directors) when they join the board; the interim and annual financial statements are provided to members of the governing body at each meeting, and all three items are available to the public for review upon request to the president.”
“The nebraska chamber of commerce & industry (the chamber) is a statewide business organization established to maintain and improve the economic progress and business climate of the state of nebraska. The chamber was organized to promote, encourage and protect all aspects and elements of the private free enterprise system in nebraska, by coordinating activities and promoting cooperation between commerce and industry, government agencies, employers, employees and the public in general.”
“Board member position is an unpaid, volunteer based position”
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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|---|---|---|
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 509875 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 113913 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 278796 |
| IRS990/PYInvestmentIncomeAmt | 0 | 70253 |
| IRS990/PYOtherExpensesAmt | 0 | 1004078 |
| IRS990/PYOtherRevenueAmt | 0 | 286108 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2099443 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 12962 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1717560 |
| IRS990/PYTotalExpensesAmt | 0 | 2721638 |
| IRS990/PYTotalRevenueAmt | 0 | 2734600 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 899987 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 240324 |
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| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 4791 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | OPERATING LEASE RIGHT TO USE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | ACCRUED INTEREST |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 188835 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 177537 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 163333 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 49500 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 5 | 39684 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 6 | 15000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 7 | 3640 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 8 | 2584 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | OPERATING LEASE LIABILITY |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | UNEARNED MEMBERSHIP DUES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | OFFICE LOAN |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | UNEARNED SPONSORSHIPS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | UNEARNED MEETINGS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 5 | ACCRUED COMPENSATION |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 6 | DUE TO AFFILIATED ORGANIZATIONS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 7 | PAYROLL TAXES PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 8 | RETIREMENT CONTRIBUTIONS PAYABLE |
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| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | INVESTMENT IN SUBSIDIARY |
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| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 471587 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 519575 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 1121139 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 2 | 174464 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | BRYAN SLONE |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | JAMES BERRINGER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 2 | MICHAEL JOHNSON |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | SENIOR VP-MSHIP/MKTG |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 2 | CHIEF OPERATING OFF |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 205259 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 2 | 180116 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE NEBRASKA CHAMBER OF COMMERCE & INDUSTRY (THE CHAMBER) IS A STATEWIDE BUSINESS ORGANIZATION ESTABLISHED TO MAINTAIN AND IMPROVE THE ECONOMIC PROGRESS AND BUSINESS CLIMATE OF THE STATE OF NEBRASKA. THE CHAMBER WAS ORGANIZED TO PROMOTE, ENCOURAGE AND PROTECT ALL ASPECTS AND ELEMENTS OF THE PRIVATE FREE ENTERPRISE SYSTEM IN NEBRASKA, BY COORDINATING ACTIVITIES AND PROMOTING COOPERATION BETWEEN COMMERCE AND INDUSTRY, GOVERNMENT AGENCIES, EMPLOYERS, EMPLOYEES AND THE PUBLIC IN GENERAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOARD MEMBER POSITION IS AN UNPAID, VOLUNTEER BASED POSITION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | G. RICHARD RUSSELL JOEL RUSSELL FATHER-SON |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MEMBERSHIP ELECTS OFFICERS & DIRECTORS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DRAFT PROVIDED TO TREASURER AND PRESIDENT FOR REVIEW BEFORE FILING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | POLICY IS REVIEWED AT THE BEGINNING OF EACH BOARD OF DIRECTORS AND EXECUTIVE COUNCIL MEETINGS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE EXECUTIVE COUNCIL, CONSISTING OF THE ELECTED VOLUNTEER OFFICERS OF THE CHAMBER, MEETS ANNUALLY IN EXECUTIVE SESSION AND APPROVES THE PRESIDENT'S COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | PRESIDENT RECOMMENDS SALARIES FOR ALL OTHER STAFF TO EXECUTIVE COMMITTEE AND THEN COMMITTEE APPROVES OR MODIFIES RECOMMENDED SALARY LEVELS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE DISTRIBUTED TO NEW MEMBERS OF THE GOVERNING BODY (BOARD OF DIRECTORS) WHEN THEY JOIN THE BOARD; THE INTERIM AND ANNUAL FINANCIAL STATEMENTS ARE PROVIDED TO MEMBERS OF THE GOVERNING BODY AT EACH MEETING, AND ALL THREE ITEMS ARE AVAILABLE TO THE PUBLIC FOR REVIEW UPON REQUEST TO THE PRESIDENT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 0 | NE |
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| IRS990/SignificantChangeInd | 0 | false |
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| IRS990/SubjectToProxyTaxInd | 0 | true |
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| IRS990/TotalCompGreaterThan150KInd | 0 | true |
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| IRS990/TotalGrossUBIAmt | 0 | 0 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 1173835 |
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| IRS990/TotalOtherCompensationAmt | 0 | 5652 |
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| IRS990/TotalReportableCompFromOrgAmt | 0 | 657223 |
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