Civic Intelligence

Chamber of Commerce Norman

EIN 73-0374880 • 501(c)6 • Norman, OK

Profile

Promote business and civic interests and general welfare of Norman and Cleveland County, OK

424 W Main StreetNorman, OK 73069

normanchamber.com

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.16x

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

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

Liabilities / Revenue

49th percentile

0.16x

Higher debt load relative to revenue than 49% of similar nonprofits.

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

Net Margin

31st percentile

-0.9%

Higher net margin than 31% 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

55th percentile

7.3%

Faster asset growth than 55% of similar nonprofits.

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

Revenue Growth

24th percentile

-1.8%

Faster revenue growth than 24% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$1,004,042

Up $68,640 (+7.3%) from 2023

Liabilities

Up

$158,764

Up $77,463 (+95%) from 2023

Net Assets

Down

$845,278

Down $8,823 (-1.0%) from 2023

Operations
Liabilities / Revenue49th percentileNet Margin31st percentile

Revenue

Down

$988,680

Down $18,145 (-1.8%) from 2023

Expenses

Down

$997,501

Down $52,196 (-5.0%) from 2023

Net Income

Up

-$8,821

Up $34,051 (+79%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth55th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $667,267Liabilities 2011: $130,176Net Assets 2011: $537,0912011Assets 2012: $649,615Liabilities 2012: $86,745Net Assets 2012: $562,8702012Assets 2013: $572,627Liabilities 2013: $112,783Net Assets 2013: $459,8442013Assets 2014: $598,886Liabilities 2014: $73,391Net Assets 2014: $525,4952014Assets 2015: $671,782Liabilities 2015: $95,526Net Assets 2015: $576,2562015Assets 2016: $636,584Liabilities 2016: $36,397Net Assets 2016: $600,1872016Assets 2017: $674,329Liabilities 2017: $46,302Net Assets 2017: $628,0272017Assets 2018: $691,842Liabilities 2018: $58,768Net Assets 2018: $633,0742018Assets 2019: $670,853Liabilities 2019: $50,879Net Assets 2019: $619,9742019Assets 2020: $645,482Liabilities 2020: $41,584Net Assets 2020: $603,8982020Assets 2021: $1,166,853Liabilities 2021: $72,790Net Assets 2021: $1,094,0632021Assets 2022: $966,741Liabilities 2022: $69,769Net Assets 2022: $896,9722022Assets 2023: $935,402Liabilities 2023: $81,301Net Assets 2023: $854,1012023Assets 2024: $1,004,042Liabilities 2024: $158,764Net Assets 2024: $845,2782024

Highlighted filing

2024

Assets$1,004,042
Liabilities$158,764
Net Assets$845,278
Open 2024 Filing

Operations Trend

Revenue Growth24th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $961,737Expenses 2011: $861,918Net Income 2011: $99,8192011Revenue 2012: $896,536Expenses 2012: $841,839Net Income 2012: $54,6972012Revenue 2013: $935,672Expenses 2013: $1,045,336Net Income 2013: -$109,6642013Revenue 2014: $695,976Expenses 2014: $634,869Net Income 2014: $61,1072014Revenue 2015: $1,123,862Expenses 2015: $1,073,101Net Income 2015: $50,7612015Revenue 2016: $961,314Expenses 2016: $970,463Net Income 2016: -$9,1492016Revenue 2017: $1,001,139Expenses 2017: $973,299Net Income 2017: $27,8402017Revenue 2018: $968,308Expenses 2018: $963,261Net Income 2018: $5,0472018Revenue 2019: $1,051,406Expenses 2019: $1,064,514Net Income 2019: -$13,1082019Revenue 2020: $996,186Expenses 2020: $1,012,744Net Income 2020: -$16,5582020Revenue 2021: $1,520,849Expenses 2021: $1,030,684Net Income 2021: $490,1652021Revenue 2022: $1,018,588Expenses 2022: $1,215,678Net Income 2022: -$197,0902022Revenue 2023: $1,006,825Expenses 2023: $1,049,697Net Income 2023: -$42,8722023Revenue 2024: $988,680Expenses 2024: $997,501Net Income 2024: -$8,8212024

Highlighted filing

2024

Revenue$988,680
Expenses$997,501
Net Income-$8,821
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,004,042
Liabilities
$158,764
Net assets
$845,278
Revenue
$988,680
Expenses
$997,501
Net income
-$8,821
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.16$0.85$0.99$1.00$0.01
2023Summary only. Only limited summary data is available for this year.$0.94$0.08$0.85$1.01$1.05$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.07$0.90$1.02$1.22$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.07$1.09$1.52$1.03$0.49
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.04$0.60$1.00$1.01$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.05$0.62$1.05$1.06$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.06$0.63$0.97$0.96$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.05$0.63$1.00$0.97$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.04$0.60$0.96$0.97$0.01
2015Summary only. Only limited summary data is available for this year.$0.67$0.10$0.58$1.12$1.07$0.05
2014Summary only. Only limited summary data is available for this year.$0.60$0.07$0.53$0.70$0.63$0.06
2013Summary only. Only limited summary data is available for this year.$0.57$0.11$0.46$0.94$1.05$0.11
2012Summary only. Only limited summary data is available for this year.$0.65$0.09$0.56$0.90$0.84$0.05
2011Summary only. Only limited summary data is available for this year.$0.67$0.13$0.54$0.96$0.86$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 18, 2025
Return Version
2024v5.2
Gross Receipts
$988,680
Mission and Program Overview

Mission

Promote business and civic interests and general welfare of Norman and Cleveland County, OK

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$656,900$690,509▲ $33,609
Accounts Receivable$48,010$183,991▲ $135,981
Cash and Non-Interest-Bearing Accounts$204,320$108,495▼ $95,825
Land, Buildings, and Equipment, Net$22,235$19,365▼ $2,870
Prepaid Expenses and Deferred Charges$3,937$1,682▼ $2,255
Total Assets$935,402$1,004,042▲ $68,640
Liabilities
Deferred Revenue$30,740$136,750▲ $106,010
Other Liabilities$13,989$18,659▲ $4,670
Accounts Payable and Accrued Expenses$36,572$3,355▼ $33,217
Total Liabilities$81,301$158,764▲ $77,463
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$819,776$809,752▼ $10,024
Net Assets With Donor Restrictions$34,325$35,526▲ $1,201
Total Net Assets Fund Balance$854,101$845,278▼ $8,823
Total Liabilities and Net Assets / Fund Balance$935,402$1,004,042▲ $68,640

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$19,365$22,198-
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Lucien BridgesBoard Chair
Scott HofmanChair elect
David NimmoPast board chair
Laura MoxleyVice Chair of Business
Jim WadeVice ChairGovernment Affairs
Kimberlee AdamsVice Chairleadership development
Amish ZaverBoard Member
Andrea DillardBoard Member
Ashley JacksonBoard Member
Brandon HopperBoard Member
Cortney ParkerBoard Member
Daniel RemingtonBoard Member
Eddie BlankenshipBoard Member
Farooq KarimBoard Member
Gary GageBoard Member
Kelly LasharBoard Member
Kevin HopperBoard Member
Lydell WilliamsBoard Member
Mark LedbetterBoard Member
Mark YearyBoard Member
Matt RobinsonBoard Member
Melissa HoustonBoard member
Meredith DunnBoard member
Nancy CogginsBoard Member
Robyn CastleberryBoard Member
Rocky WilliamsBoard Member
Roger AllenBoard Member
Scott MeierBoard Member
Tom CooperBoard Member
Tyler McManamanBoard Member
Vacancy Marla FreemanBoard Member
Vacancy Trent WellsBoard Member
Lisa DionisioSecretaryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$574,255
Program Service Revenue
$329,403
Investment Income
$33,765
Other Revenue
$51,257
All Other Contributions
$46,306
Change in Net Assets
$-8,821
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$599,062
Other Expenses$398,439
Total Fundraising Expense$127,966
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$260,714$288,979$49,369$599,062
Occupancy$2,561$46,885$205$49,651
Other Expenses$197,112$25,933$26,519$25,933
Fees for Services Accounting-$13,975-$13,975
Interest-$10,568-$10,568
Office Expenses$6,393$1,598-$7,991
Advertising$6,686--$6,686
Insurance-$5,262-$5,262
Depreciation Depletion-$2,869-$2,869
Total Functional Expenses$473,466$396,069$127,966$997,501
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
Auction----
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cafeteria Plan Payable$8,791
Payroll Taxes Payable$7,104
SIMPLE IRA Payable$2,660
United Way Payable$104
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 governing body review Part VI line 11

“The 990 was reviewed by the Executive Committee of the Board prior to filing.”

CEO executive director top management comp Part VI line 15A

“The CEOs compensation is reviewed and approved by the Board annually.”

Governing documents etc available to public Part VI line 19

“Governing documents, etc. are available to the public upon request at the Chambers office.”

Filing and Contact Details

Filer

Filer Name
Chamber of Commerce Norman
EIN
73-0374880
In Care Of
% Melissa Peterson
Phone
4053217260
Address
424 W Main Street, Norman, OK 73069

Signing Officer

Name
Melissa Peterson
Title
Senior VP of Operations
Phone
4053217260
Signed
2025-11-18
Discuss with paid preparer
Yes

Organization Details

Formed
1933
Legal Domicile
Ok
Voting Board Members
33
Independent Board Members
33
Employees
7
Volunteers
30

Preparer

Firm
dwg inc
Address
1912 N Drexel Blvd, Oklahoma City, OK 73107
Preparer
David W Gandall Cfe CPA
Phone
4059490189
Supplemental Narrative

Additional Explanations

Amended return information

“update the board member list”

Explanation of other changes in net assets or fund balances Part XI line 9

“Rounding”

Raw XML AppendixShowing 400 of 581 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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