Civic Intelligence

Benton Chamber of Commerce

990 • Fiscal year 2016 • EIN 71-0247250

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

607 N MarketBenton, AR 72015

(501) 315-8272

Siviq Scores

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

Liabilities / Assets

51st percentile

0.01x

Higher debt load relative to assets than 51% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

52nd percentile

0.01x

Higher debt load relative to revenue than 52% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

47th percentile

1.5%

Higher net margin than 47% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

96th percentile

$100,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 21.5% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

42nd percentile

-0.9%

Faster asset growth than 42% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

78th percentile

18%

Faster revenue growth than 78% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$458,285

Down $4,007 (-0.9%) from 2015

Net Assets

Up

$455,731

Up $7,100 (+1.6%) from 2015

Liabilities

Down

$2,554

Down $11,107 (-81%) from 2015

Revenue

Up

$465,501

Up $70,961 (+18%) from 2015

Expenses

Up

$458,401

Up $33,653 (+7.9%) from 2015

Net Income

Up

$7,100

Up $37,308 (+124%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $364,603Liabilities 2010: $54,183Net Assets 2010: $310,4202010Assets 2011: $370,629Liabilities 2011: $41,985Net Assets 2011: $328,6442011Assets 2012: $407,966Liabilities 2012: $41,389Net Assets 2012: $366,5772012Assets 2013: $476,347Liabilities 2013: $36,575Net Assets 2013: $439,7722013Assets 2014: $513,362Liabilities 2014: $34,523Net Assets 2014: $478,8392014Assets 2015: $462,292Liabilities 2015: $13,661Net Assets 2015: $448,6312015Assets 2016: $458,285Liabilities 2016: $2,554Net Assets 2016: $455,7312016Assets 2017: $448,291Liabilities 2017: $9,404Net Assets 2017: $438,8872017Assets 2018: $422,878Liabilities 2018: $632Net Assets 2018: $422,2462018Assets 2019: $486,103Liabilities 2019: $669Net Assets 2019: $485,4342019Assets 2020: $465,889Liabilities 2020: $725Net Assets 2020: $465,1642020Assets 2021: $625,152Liabilities 2021: $0Net Assets 2021: $625,1522021Assets 2022: $622,951Liabilities 2022: $0Net Assets 2022: $622,9512022Assets 2023: $639,824Liabilities 2023: $767Net Assets 2023: $639,0572023Assets 2024: $664,787Liabilities 2024: $0Net Assets 2024: $664,7872024

Highlighted filing

2016

Assets$458,285
Liabilities$2,554
Net Assets$455,731

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $177,867Expenses 2010: $169,698Net Income 2010: $8,1692010Revenue 2011: $184,157Expenses 2011: $165,933Net Income 2011: $18,2242011Revenue 2012: $226,973Expenses 2012: $189,040Net Income 2012: $37,9332012Revenue 2013: $325,219Expenses 2013: $252,024Net Income 2013: $73,1952013Revenue 2014: $380,438Expenses 2014: $341,371Net Income 2014: $39,0672014Revenue 2015: $394,540Expenses 2015: $424,748Net Income 2015: -$30,2082015Revenue 2016: $465,501Expenses 2016: $458,401Net Income 2016: $7,1002016Revenue 2017: $487,622Expenses 2017: $504,466Net Income 2017: -$16,8442017Revenue 2018: $508,799Expenses 2018: $525,440Net Income 2018: -$16,6412018Revenue 2019: $595,844Expenses 2019: $532,656Net Income 2019: $63,1882019Revenue 2020: $481,404Expenses 2020: $501,674Net Income 2020: -$20,2702020Revenue 2021: $671,667Expenses 2021: $511,679Net Income 2021: $159,9882021Revenue 2022: $574,625Expenses 2022: $576,826Net Income 2022: -$2,2012022Revenue 2023: $618,970Expenses 2023: $602,864Net Income 2023: $16,1062023Revenue 2024: $656,802Expenses 2024: $631,072Net Income 2024: $25,7302024

Highlighted filing

2016

Revenue$465,501
Expenses$458,401
Net Income$7,100
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$465,501
Mission and Program Overview

Mission

The chamber's mission is to

The chamber's mission is to promote economic development in the Benton area and its surrounding areas by hosting special events, providing education to its members, and supporting the efforts of the local schools and local government.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$448,631$455,731▲ $7,100
Land, Buildings, and Equipment, Net$357,013$361,373▲ $4,360
Cash and Non-Interest-Bearing Accounts$91,150$93,769▲ $2,619
Accounts Receivable$14,129--
Prepaid Expenses and Deferred Charges-$3,143-
Total Assets$462,292$458,285▼ $4,007
Liabilities
Unsecured Notes Loans Payable$10,193--
Accounts Payable and Accrued Expenses$3,468$2,554▼ $914
Total Liabilities$13,661$2,554▼ $11,107
Net Assets / Fund Balance
Total Net Assets Fund Balance$448,631$455,731▲ $7,100
Total Liabilities and Net Assets / Fund Balance$462,292$458,285▼ $4,007

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$304,733--
Equipment$56,640--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gary JamesExecutive DirectorFT$100,000$100,000
Jerry BeatyExecutive AssistantFT$49,408$49,408

Board Members and Trustees

NameTitle
Lori TerrellPast President
Paul WhitePresident
Leigha JonesVice President
Brent JonesDirector
Cheryl CookDirector
Chris RollinsDirector
Clint FulksDirector
Dee EverettDirector
Jordan WoolbrightDirector
Justin MccauleyDirector
Leeanne ClemonsDirector
Lisa PresnallDirector
Lita GattisDirector
Nick GannDirector
Steve BrownDirector
Terry ShulerDirector
Jeff RichardsonSecretary
Rick BellingerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$465,485
Program Service Revenue
$0
Investment Income
$16
Other Revenue
$0
All Other Contributions
$232,442
Change in Net Assets
$7,100
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$381,033
Other Expenses$72,338
Grants and Similar Amounts Paid$5,030
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$199,020
Current Officers, Directors, Trustees, and Key Employees---$149,408
Payroll Taxes---$25,535
Office Expenses---$12,782
Occupancy---$10,660
Information Technology---$7,778
Pension Plan Contributions---$7,070
Advertising---$7,012
Travel---$6,851
Insurance---$5,914
Grants to Domestic Individuals---$5,000
Conferences and Meetings---$3,745
Fees for Services Accounting---$3,528
Fees for Services Management---$2,446
Other Expenses---$1,803
Interest---$910
Grants to Domestic Orgs---$30
Total Functional Expenses$0$0$0$458,401
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Shopping Expo$63,934$63,934$28,565$35,369
Business Expo$26,037$26,037$13,981$12,056
Total Events$240,482$240,482$150,743$89,739
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

Filer Name
Benton Chamber of Commerce
EIN
71-0247250
Phone
5013158272
Address
607 N MARKET, BENTON, AR 72015

Signing Officer

Name
Gary James
Title
Executive Director
Phone
5013158272
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary James
Formed
1951
Legal Domicile
Ar
Voting Board Members
18
Independent Board Members
18
Employees
7
Volunteers
75

Preparer

Firm
Jordan C Woolbright CPA Pa
Address
202 E CROSS STREET, BENTON, AR 72015-3825
Preparer
Jordan Woolbright
Phone
5013156812
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Local businesses may join the Chamber by paying annual dues.

Pt VI, Line 7A

Any member business in good standing with the Chamber is able to vote in the election of the Chamber's board members.

Pt VI, Line 11B

The Form 990 is reviewed by the Executive Director and the Treasurer prior to its filing.

Pt VI, Line 15A

The compensation of all employees and contractors is determined by the Executive Committee.

Pt VI, Line 15B

The compensation of all employees and contractors is determined by the Executive Committee.

Pt VI, Line 19

Any public documents of the Chamber are made available to the public upon request in person at the Chamber's offices.

Pt XII, Line 1

For accounting and reporting purposes, the cash method of accounting is much easier for the organization to maintain.

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IRS990/OtherExpensesGrp/Desc1Dues & Publications
IRS990/OtherExpensesGrp/Desc2Miscellaneous Other
IRS990/OtherExpensesGrp/Desc3Postage
IRS990/OtherExpensesGrp/TotalAmt02061
IRS990/OtherExpensesGrp/TotalAmt15127
IRS990/OtherExpensesGrp/TotalAmt21721
IRS990/OtherExpensesGrp/TotalAmt31803
IRS990/OtherSalariesAndWagesGrp/TotalAmt0199020
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt025535
IRS990/PensionPlanContributionsGrp/TotalAmt07070
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03143
IRS990/PrincipalOfficerNm0GARY JAMES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt010000
IRS990/PYContributionsGrantsAmt0394522
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02460
IRS990/PYInvestmentIncomeAmt018
IRS990/PYOtherExpensesAmt073237
IRS990/PYRevenuesLessExpensesAmt0-30208
IRS990/PYSalariesCompEmpBnftPaidAmt0339051
IRS990/PYTotalExpensesAmt0424748
IRS990/PYTotalRevenueAmt0394540
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt07100
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0304733
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0304733
IRS990ScheduleD/EquipmentGrp/BookValueAmt056640
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt056640
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0361373
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0150743
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SHOPPING EXPO
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BUSINESS EXPO
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt063934
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt026037
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0150511
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0240482
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt063934
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt026037
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0150511
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0240482
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt089739
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0108197
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0150743
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt028565
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt013981
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Local businesses may join the Chamber by paying annual dues.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Any member business in good standing with the Chamber is able to vote in the election of the Chamber's board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is reviewed by the Executive Director and the Treasurer prior to its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The compensation of all employees and contractors is determined by the Executive Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The compensation of all employees and contractors is determined by the Executive Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Any public documents of the Chamber are made available to the public upon request in person at the Chamber's offices.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6For accounting and reporting purposes, the cash method of accounting is much easier for the organization to maintain.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XII, Line 1
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0462292
IRS990/TotalAssetsEOYAmt0458285
IRS990/TotalAssetsGrp/BOYAmt0462292
IRS990/TotalAssetsGrp/EOYAmt0458285
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0465485
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/TotalAmt0458401
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013661
IRS990/TotalLiabilitiesEOYAmt02554
IRS990/TotalLiabilitiesGrp/BOYAmt013661
IRS990/TotalLiabilitiesGrp/EOYAmt02554
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0448631
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0455731
IRS990/TotalReportableCompFromOrgAmt0149408
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0465501
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0462292
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0458285
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt06851
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt010193
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0607 N MARKET
IRS990/USAddress/CityNm0BENTON
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072015
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0www.bentonchamber.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY JAMES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05013158272
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BENTON CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0BENT
ReturnHeader/Filer/EIN0710247250
ReturnHeader/Filer/PhoneNum05013158272
ReturnHeader/Filer/USAddress/AddressLine1Txt0607 N MARKET
ReturnHeader/Filer/USAddress/CityNm0BENTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072015
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C011887C9CD987EC250B25553C6F51A8A07888D3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09B4215E016C452086E93B508EE7C6B46C345B18F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.116.208.105
ReturnHeader/FilingSecurityInformation/IPDt02017-06-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm014:48:01
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JORDAN C WOOLBRIGHT CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0202 E CROSS STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BENTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0720153825
ReturnHeader/PreparerPersonGrp/PhoneNum05013156812
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JORDAN WOOLBRIGHT
ReturnHeader/ReturnTs02017-06-06T14:48:01-07:00
ReturnHeader/ReturnTypeCd0990

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.$6.65$0.00$6.65$6.57$6.31$0.26
2023Detailed filing. Detailed filing data is available for this year.$6.40$0.01$6.39$6.19$6.03$0.16
2022Detailed filing. Detailed filing data is available for this year.$6.23$0.00$6.23$5.75$5.77$0.02
2021Detailed filing. Detailed filing data is available for this year.$6.25$0.00$6.25$6.72$5.12$1.60
2020Detailed filing. Detailed filing data is available for this year.$4.66$0.01$4.65$4.81$5.02$0.20
2019Detailed filing. Detailed filing data is available for this year.$4.86$0.01$4.85$5.96$5.33$0.63
2018Detailed filing. Detailed filing data is available for this year.$4.23$0.01$4.22$5.09$5.25$0.17
2017Detailed filing. Detailed filing data is available for this year.$4.48$0.09$4.39$4.88$5.04$0.17
2016Detailed filing. Detailed filing data is available for this year.$4.58$0.03$4.56$4.66$4.58$0.07
2015Detailed filing. Detailed filing data is available for this year.$4.62$0.14$4.49$3.95$4.25$0.30
2014Summary only. Only limited summary data is available for this year.$5.13$0.35$4.79$3.80$3.41$0.39
2013Summary only. Only limited summary data is available for this year.$4.76$0.37$4.40$3.25$2.52$0.73
2012Summary only. Only limited summary data is available for this year.$4.08$0.41$3.67$2.27$1.89$0.38
2011Summary only. Only limited summary data is available for this year.$3.71$0.42$3.29$1.84$1.66$0.18
2010Summary only. Only limited summary data is available for this year.$3.65$0.54$3.10$1.78$1.70$0.08
Peer Organizations

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