Civic Intelligence

Altus Chamber of Commerce

EIN 73-0125260 • 501(c)6 • Altus, OK

Profile

The altus chamber of commerce is organized for the purpose of advancing the economic, industrial, professional, cultural, educational, and civic welfare of the altus area.

301 W CommerceAltus, OK 73521

www.altuschamber.com

Siviq Scores

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

Liabilities / Assets

48th percentile

0.04x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.01x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

75th percentile

14%

Higher net margin than 75% of similar nonprofits.

501(c)6 • $500k-$1M 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

94th percentile

50%

Faster asset growth than 94% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-12%

Faster revenue growth than 14% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$364,850

Up $121,578 (+50%) from 2023

Liabilities

Down

$13,105

Down $7,177 (-35%) from 2023

Net Assets

Up

$351,745

Up $128,755 (+58%) from 2023

Revenue

Down

$891,164

Down $117,928 (-12%) from 2023

Expenses

Down

$762,409

Down $227,309 (-23%) from 2023

Net Income

Up

$128,755

Up $109,381 (+565%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2010: $64,309Liabilities 2010: $12,926Net Assets 2010: $51,3832010Assets 2011: $44,672Liabilities 2011: $8,435Net Assets 2011: $36,2372011Assets 2012: $32,415Liabilities 2012: $7,336Net Assets 2012: $25,0792012Assets 2013: $25,301Liabilities 2013: $9,023Net Assets 2013: $16,2782013Assets 2014: $27,679Liabilities 2014: $7,439Net Assets 2014: $20,2402014Assets 2015: $25,110Liabilities 2015: $13,892Net Assets 2015: $11,2182015Assets 2016: $23,591Liabilities 2016: $10,649Net Assets 2016: $12,9422016Assets 2017: $26,098Liabilities 2017: $13,677Net Assets 2017: $12,4212017Assets 2018: $41,217Liabilities 2018: $42,071Net Assets 2018: -$8542018Assets 2019: $9,339Liabilities 2019: $13,326Net Assets 2019: -$3,9872019Assets 2020: $47,100Liabilities 2020: $14,263Net Assets 2020: $32,8372020Assets 2021: $134,278Liabilities 2021: $47,983Net Assets 2021: $86,2952021Assets 2022: $196,756Liabilities 2022: $17,694Net Assets 2022: $179,0622022Assets 2023: $243,272Liabilities 2023: $20,282Net Assets 2023: $222,9902023Assets 2024: $364,850Liabilities 2024: $13,105Net Assets 2024: $351,7452024

Highlighted filing

2024

Assets$364,850
Liabilities$13,105
Net Assets$351,745

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $463,8012010Revenue 2011: $510,859Expenses 2011: $526,005Net Income 2011: -$15,1462011Expenses 2012: $501,7902012Revenue 2013: $443,984Expenses 2013: $452,785Net Income 2013: -$8,8012013Revenue 2014: $535,769Expenses 2014: $531,808Net Income 2014: $3,9612014Revenue 2015: $610,696Expenses 2015: $619,719Net Income 2015: -$9,0232015Revenue 2016: $705,474Expenses 2016: $703,745Net Income 2016: $1,7292016Revenue 2017: $651,688Expenses 2017: $652,212Net Income 2017: -$5242017Revenue 2018: $684,691Expenses 2018: $697,967Net Income 2018: -$13,2762018Revenue 2019: $686,863Expenses 2019: $689,994Net Income 2019: -$3,1312019Revenue 2020: $600,971Expenses 2020: $564,148Net Income 2020: $36,8232020Revenue 2021: $721,594Expenses 2021: $665,151Net Income 2021: $56,4432021Revenue 2022: $816,457Expenses 2022: $743,750Net Income 2022: $72,7072022Revenue 2023: $1,009,092Expenses 2023: $989,718Net Income 2023: $19,3742023Revenue 2024: $891,164Expenses 2024: $762,409Net Income 2024: $128,7552024

Highlighted filing

2024

Revenue$891,164
Expenses$762,409
Net Income$128,755

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$0.89$0.76$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.02$0.22$1.01$0.99$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.02$0.18$0.82$0.74$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.05$0.09$0.72$0.67$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.01$0.03$0.60$0.56$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.01$0.00$0.69$0.69$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.04$0.00$0.68$0.70$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.01$0.01$0.65$0.65$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.01$0.01$0.71$0.70$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.01$0.01$0.61$0.62$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.54$0.53$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.44$0.45$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.01$0.03$0.50
2011Summary only. Only limited summary data is available for this year.$0.04$0.01$0.04$0.51$0.53$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.01$0.05$0.46
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$926,972
Mission and Program Overview

Mission

The altus chamber of commerce is organized for the purpose of advancing the economic, industrial, professional, cultural, educational and civic welfare of the altus area.

The altus chamber of commerce is organized for the purpose of advancing the economic, industrial, professional, cultural, educational, and civic welfare of the altus area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$225,000-
Cash and Non-Interest-Bearing Accounts$239,403$138,052▼ $101,351
Prepaid Expenses and Deferred Charges$1,368$0▼ $1,368
Land, Buildings, and Equipment, Net$2,194$1,316▼ $878
Accounts Receivable$307$482▲ $175
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$243,272$364,850▲ $121,578
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$20,282$13,105▼ $7,177
Total Liabilities$20,282$13,105▼ $7,177
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$222,990$351,745▲ $128,755
Total Net Assets Fund Balance$222,990$351,745▲ $128,755
Total Liabilities and Net Assets / Fund Balance$243,272$364,850▲ $121,578

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$70,845$70,845
Equipment$1,316$3,468$4,784
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jenny GravesPresident & CEOFT$81,000$81,000

Board Members and Trustees

NameTitle
Allison RicheyChair Elect
Cody NelsonChairman
Amanda ReddingVice President
Blake JacksonVice President
Jimmy PoeVice President
Sidney TynerVice President
Kendall HurstTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$837,542
Program Service Revenue
$0
Investment Income
$3,685
Other Revenue
$49,937
All Other Contributions
$574,230
Change in Net Assets
$128,755
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$627,085
Salaries, Compensation, and Employee Benefits$135,324
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-$81,000-$81,000
Other Salaries and Wages-$43,356-$43,356
Fees for Services Accounting-$14,338-$14,338
Office Expenses-$10,029-$10,029
Payroll Taxes-$9,568-$9,568
Occupancy-$7,503-$7,503
Insurance-$6,424-$6,424
Advertising-$4,725-$4,725
Other Expenses$553,363$2,604-$2,604
All Other Expenses-$2,127-$2,127
Other Employee Benefits-$1,400-$1,400
Travel-$1,376-$1,376
Information Technology-$1,308-$1,308
Depreciation Depletion-$878-$878
Total Functional Expenses$553,363$209,046$0$762,409
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$81,245
Fundraising Direct Expenses$35,808
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$81,245$81,245$4,137$77,108
Total Events$81,245$81,245$35,808$45,437
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
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, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Altus Chamber of Commerce
EIN
73-0125260
Phone
5804820210
Address
301 W COMMERCE, ALTUS, OK 73521

Signing Officer

Name
Jenny Graves
Title
President & CEO
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
1941
Legal Domicile
Ok
Voting Board Members
15
Independent Board Members
15
Employees
3

Preparer

Firm
Rebecca L Warren CPA
Address
PO Box 174, Altus, OK 73522
Preparer
Rebecca L Warren CPA
Phone
5804771044
Raw XML Appendix380 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
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IRS990/OtherExpensesGrp/Desc1CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3OPEN HOUSE EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019503
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12907
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22604
IRS990/OtherExpensesGrp/ProgramServicesAmt0553363
IRS990/OtherExpensesGrp/TotalAmt0553363
IRS990/OtherExpensesGrp/TotalAmt119503
IRS990/OtherExpensesGrp/TotalAmt22907
IRS990/OtherExpensesGrp/TotalAmt32604
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0STAFF SERVICES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04500
IRS990/OtherRevenueTotalAmt04500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043356
IRS990/OtherSalariesAndWagesGrp/TotalAmt043356
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09568
IRS990/PayrollTaxesGrp/TotalAmt09568
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01368
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0903996
IRS990/PYInvestmentIncomeAmt01190
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0840955
IRS990/PYOtherRevenueAmt04500
IRS990/PYProgramServiceRevenueAmt099406
IRS990/PYRevenuesLessExpensesAmt019374
IRS990/PYSalariesCompEmpBnftPaidAmt0148763
IRS990/PYTotalExpensesAmt0989718
IRS990/PYTotalRevenueAmt01009092
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0128755
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0225000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01316
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03468
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04784
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt070845
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt070845
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01316
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt035808
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt06400
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt06400
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt016975
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt016975
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt081245
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt081245
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt081245
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt081245
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt045437
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04137
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04137
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08296
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt08296
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0243272
IRS990/TotalAssetsEOYAmt0364850
IRS990/TotalAssetsGrp/BOYAmt0243272
IRS990/TotalAssetsGrp/EOYAmt0364850
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0837542
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0209046
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0553363
IRS990/TotalFunctionalExpensesGrp/TotalAmt0762409
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020282
IRS990/TotalLiabilitiesEOYAmt013105
IRS990/TotalLiabilitiesGrp/BOYAmt020282
IRS990/TotalLiabilitiesGrp/EOYAmt013105
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0222990
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0351745
IRS990/TotalProgramServiceExpensesAmt0553363
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt081000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08185
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0891164
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0243272
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0364850
IRS990/TravelGrp/ManagementAndGeneralAmt01376
IRS990/TravelGrp/TotalAmt01376
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0301 W COMMERCE
IRS990/USAddress/CityNm0ALTUS
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd073521
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0www.altuschamber.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNY GRAVES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALTUS CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0ALTU
ReturnHeader/Filer/EIN0730125260
ReturnHeader/Filer/PhoneNum05804820210
ReturnHeader/Filer/USAddress/AddressLine1Txt0301 W COMMERCE
ReturnHeader/Filer/USAddress/CityNm0ALTUS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073521
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510480936
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rebecca L Warren CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 174
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Altus
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd073522
ReturnHeader/PreparerPersonGrp/PhoneNum05804771044
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rebecca L Warren CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-14T07:33:31-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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