Civic Intelligence

Greater Hot Springs Chamber

EIN 71-0089940 • 501(c)6 • Hot Springs, AR

Profile

Community and membership services

PO Box 6090Hot Springs, AR 71902
Siviq Scores

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

Liabilities / Assets

41st percentile

0.10x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

32nd percentile

0.06x

Higher debt load relative to revenue than 32% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

29th percentile

-1.6%

Higher net margin than 29% of similar nonprofits.

501(c)6 • $1M-$5M 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

25th percentile

-2.6%

Faster asset growth than 25% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-9.8%

Faster revenue growth than 13% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$590,007

Down $15,631 (-2.6%) from 2023

Liabilities

Up

$56,689

Up $616 (+1.1%) from 2023

Net Assets

Down

$533,318

Down $16,247 (-3.0%) from 2023

Revenue

Down

$1,001,691

Down $108,467 (-9.8%) from 2023

Expenses

Up

$1,017,939

Up $10,091 (+1.0%) from 2023

Net Income

Down

-$16,248

Down $118,558 (-116%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $535,584Liabilities 2011: $279,489Net Assets 2011: $256,0952011Assets 2012: $477,141Liabilities 2012: $211,934Net Assets 2012: $265,2072012Assets 2013: $426,017Liabilities 2013: $186,944Net Assets 2013: $239,0732013Assets 2014: $416,852Liabilities 2014: $129,463Net Assets 2014: $287,3892014Assets 2015: $547,321Liabilities 2015: $215,742Net Assets 2015: $331,5792015Assets 2016: $553,067Liabilities 2016: $204,196Net Assets 2016: $348,8712016Assets 2017: $549,587Liabilities 2017: $207,153Net Assets 2017: $342,4342017Assets 2018: $523,056Liabilities 2018: $148,758Net Assets 2018: $374,2982018Assets 2019: $367,884Liabilities 2019: $17,143Net Assets 2019: $350,7412019Assets 2020: $382,592Liabilities 2020: $22,899Net Assets 2020: $359,6932020Assets 2021: $542,036Liabilities 2021: $38,756Net Assets 2021: $503,2802021Assets 2022: $487,400Liabilities 2022: $40,145Net Assets 2022: $447,2552022Assets 2023: $605,638Liabilities 2023: $56,073Net Assets 2023: $549,5652023Assets 2024: $590,007Liabilities 2024: $56,689Net Assets 2024: $533,3182024

Highlighted filing

2024

Assets$590,007
Liabilities$56,689
Net Assets$533,318

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $889,728Expenses 2011: $970,655Net Income 2011: -$80,9272011Revenue 2012: $894,925Expenses 2012: $885,813Net Income 2012: $9,1122012Revenue 2013: $761,469Expenses 2013: $787,603Net Income 2013: -$26,1342013Revenue 2014: $796,210Expenses 2014: $747,894Net Income 2014: $48,3162014Revenue 2015: $812,548Expenses 2015: $768,358Net Income 2015: $44,1902015Revenue 2016: $747,801Expenses 2016: $730,509Net Income 2016: $17,2922016Revenue 2017: $750,347Expenses 2017: $756,784Net Income 2017: -$6,4372017Revenue 2018: $717,274Expenses 2018: $685,410Net Income 2018: $31,8642018Revenue 2019: $734,563Expenses 2019: $758,120Net Income 2019: -$23,5572019Revenue 2020: $750,164Expenses 2020: $741,212Net Income 2020: $8,9522020Revenue 2021: $918,490Expenses 2021: $774,903Net Income 2021: $143,5872021Revenue 2022: $805,527Expenses 2022: $861,552Net Income 2022: -$56,0252022Revenue 2023: $1,110,158Expenses 2023: $1,007,848Net Income 2023: $102,3102023Revenue 2024: $1,001,691Expenses 2024: $1,017,939Net Income 2024: -$16,2482024

Highlighted filing

2024

Revenue$1,001,691
Expenses$1,017,939
Net Income-$16,248

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.06$0.53$1.00$1.02$0.02
2023Summary only. Only limited summary data is available for this year.$0.61$0.06$0.55$1.11$1.01$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.04$0.45$0.81$0.86$0.06
2021Summary only. Only limited summary data is available for this year.$0.54$0.04$0.50$0.92$0.77$0.14
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.02$0.36$0.75$0.74$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.02$0.35$0.73$0.76$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.15$0.37$0.72$0.69$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.21$0.34$0.75$0.76$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.20$0.35$0.75$0.73$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.22$0.33$0.81$0.77$0.04
2014Summary only. Only limited summary data is available for this year.$0.42$0.13$0.29$0.80$0.75$0.05
2013Summary only. Only limited summary data is available for this year.$0.43$0.19$0.24$0.76$0.79$0.03
2012Summary only. Only limited summary data is available for this year.$0.48$0.21$0.27$0.89$0.89$0.01
2011Summary only. Only limited summary data is available for this year.$0.54$0.28$0.26$0.89$0.97$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$1,137,639
Mission and Program Overview

Mission

Community and membership services

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$380,863$366,474▼ $14,389
Cash and Non-Interest-Bearing Accounts$50,648$59,857▲ $9,209
Savings and Temporary Cash Investments$50,500$57,500▲ $7,000
Accounts Receivable$52,636$52,335▼ $301
Investments Other Securities$35,700$35,700→ $0
Prepaid Expenses and Deferred Charges$34,079$16,929▼ $17,150
Total Assets$605,638$590,007▼ $15,631
Other Assets Total$1,212$1,212→ $0
Liabilities
Deferred Revenue$3,792$28,497▲ $24,705
Accounts Payable and Accrued Expenses$52,281$28,192▼ $24,089
Total Liabilities$56,073$56,689▲ $616
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$549,565$533,318▼ $16,247
Total Net Assets Fund Balance$549,565$533,318▼ $16,247
Total Liabilities and Net Assets / Fund Balance$605,638$590,007▼ $15,631

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$-196,108$671,240$475,132
Buildings$387,867-$387,867
Other Land Buildings$97,564-$97,564
Equipment$77,151-$77,151
Other Securities$35,700--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gary TroutmanPresidentFT$178,680$178,680

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$133,650
Program Service Revenue
$878,949
Investment Income
$0
Other Revenue
$-10,908
Change in Net Assets
$-16,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$825,081
Other Expenses$192,858
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$381,039$75,345-$456,384
Current Officers, Directors, Trustees, and Key Employees-$178,680-$178,680
Other Employee Benefits$84,768$56,512-$141,280
Payroll Taxes$29,242$19,495-$48,737
Occupancy-$47,350-$47,350
Depreciation Depletion$28,693--$28,693
Office Expenses-$17,310-$17,310
Fees for Services Accounting-$16,112-$16,112
Advertising$13,819--$13,819
Other Expenses$3,857$5,200-$5,200
Travel-$3,628-$3,628
Information Technology-$3,493-$3,493
All Other Expenses$903$602-$1,505
Insurance-$1,450-$1,450
Total Functional Expenses$542,321$475,618$0$1,017,939
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$135,948
Fundraising Gross Income$101,701
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ice on Ice$60,155$32,855$40,023$-7,168
Annual Banquet$86,550$31,900$47,719$-15,819
Total Events$235,351$101,701$135,948$-34,247
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
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
Yes
Other officer compensation reviewed
Yes
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 15A

All executive compensation dictated by executive committee of board of dir ectors.

Form 990, Page 6, Part VI, Line 15B

All executive compensation dictated by executive committee of board of dir ectors.

Form 990, Page 6, Part VI, Line 19

Copies of the documentation are provided upon request at organization's of fice.

Filing and Contact Details

Filer

Filer Name
Greater Hot Springs Chamber
EIN
71-0089940
Phone
5013211700
Address
PO BOX 6090, HOT SPRINGS, AR 71902

Signing Officer

Name
Gary Troutman
Title
President
Phone
5013211700
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Troutman
Voting Board Members
42
Independent Board Members
42
Employees
9

Preparer

Firm
Ellis & Moore LLC
Address
1720 HIGDON FERRY RD STE 101, HOT SPRINGS, AR 71913-7212
Preparer
John Pratt
Phone
5016245788
Supplemental Narrative

Additional Explanations

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

I. Programs and events: business after hours-a popular monthly networking event which provides members the opportunity to network and develop new business contacts. Business expo-a yearly exposition designed to provide local businesses the opportunity to expose their products and services to the community. Small business seminars-seminars are conducted throughout the year to provide management assistance, useful business information and business contacts. Committee and tax force participation-on an annual basis, members are asked to indicate their area of volunteer interest, and as needs arise, members are notified and asked to participate in projects. Ii. Publications: the chamber produces a number of publications for members and is constantly working to improve the chamber's website to benefit the members. The e- newsletters and membership directory are sent to all members. All other publications are available upon request. Iii. Services: the chamber is unique in the services it provides its members and the business community such as the following: market and demographic research services target market trips - encourage business/industry relocation reply to requests for relocation/retirement information advocate for local businesses and area for legislation improve local transportation system encourage involvement of members in chamber activities business networking opportunities host special events to bring tourists to the area

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

I. Programs and events: business after hours-a popular monthly networking event which provides members the opportunity to network and develop new business contacts. Business expo-a yearly exposition designed to provide local businesses the opportunity to expose their products and services to the community. Small business seminars-seminars are conducted throughout the year to provide management assistance, useful business information and business contacts. Committee and tax force participation-on an annual basis, members are asked to indicate their area of volunteer interest, and as needs arise, members are notified and asked to participate in projects. Ii. Publications: the chamber produces a number of publications for members and is constantly working to improve the chamber's website to benefit the members. The e- newsletters and membership directory are sent to all members. All other publications are available upon request. Iii. Services: the chamber is unique in the services it provides its members and the business community such as the following: market and demographic research services target market trips - encourage business/industry relocation reply to requests for relocation/retirement information advocate for local businesses and area for legislation improve local transportation system encourage involvement of members in chamber activities business networking opportunities host special events to bring tourists to the area

Form 990, Part XI, Line 9

Book / tax depreciation difference 1

Raw XML AppendixShowing 400 of 630 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.

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