Civic Intelligence

Greeley Chamber of Commerce

EIN 84-0216900 • 501(c)6 • Greeley, CO

Profile

Stimulate the Greeley business economy.

902 7th AvenueGreeley, CO 80631

www.greeleychamber.com

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

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

Liabilities / Revenue

24th percentile

0.02x

Higher debt load relative to revenue than 24% of similar nonprofits.

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

Net Margin

2nd percentile

-51%

Higher net margin than 2% of similar nonprofits.

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

Top Officer Pay

51st percentile

$140,000

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 23.6% of source-year revenue.

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

Asset Growth

7th percentile

-22%

Faster asset growth than 7% of similar nonprofits.

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

Revenue Growth

4th percentile

-36%

Faster revenue growth than 4% of similar nonprofits.

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

Assets

Down

$1,139,283

Down $322,742 (-22%) from 2023

Liabilities

Down

$11,274

Down $21,133 (-65%) from 2023

Net Assets

Down

$1,128,009

Down $301,609 (-21%) from 2023

Revenue

Down

$592,472

Down $339,027 (-36%) from 2023

Expenses

Up

$894,081

Up $5,231 (+0.6%) from 2023

Net Income

Down

-$301,609

Down $344,258 (-807%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $354,530Liabilities 2010: $29,488Net Assets 2010: $325,0422010Assets 2011: $377,697Liabilities 2011: $23,858Net Assets 2011: $353,8392011Assets 2012: $392,975Liabilities 2012: $38,191Net Assets 2012: $354,7842012Assets 2013: $462,917Liabilities 2013: $55,591Net Assets 2013: $407,3262013Assets 2014: $501,997Liabilities 2014: $53,257Net Assets 2014: $448,7402014Assets 2015: $559,943Liabilities 2015: $62,882Net Assets 2015: $497,0612015Assets 2016: $640,935Liabilities 2016: $87,994Net Assets 2016: $552,9412016Assets 2017: $776,726Liabilities 2017: $95,137Net Assets 2017: $681,5892017Assets 2018: $873,093Liabilities 2018: $115,008Net Assets 2018: $758,0852018Assets 2019: $846,913Liabilities 2019: $116,832Net Assets 2019: $730,0812019Assets 2020: $1,189,858Liabilities 2020: $188,054Net Assets 2020: $1,001,8042020Assets 2021: $1,281,937Liabilities 2021: $132,929Net Assets 2021: $1,149,0082021Assets 2022: $1,444,894Liabilities 2022: $31,346Net Assets 2022: $1,413,5482022Assets 2023: $1,462,025Liabilities 2023: $32,407Net Assets 2023: $1,429,6182023Assets 2024: $1,139,283Liabilities 2024: $11,274Net Assets 2024: $1,128,0092024

Highlighted filing

2024

Assets$1,139,283
Liabilities$11,274
Net Assets$1,128,009

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $511,4402010Revenue 2011: $550,916Expenses 2011: $522,118Net Income 2011: $28,7982011Revenue 2012: $528,628Expenses 2012: $527,683Net Income 2012: $9452012Revenue 2013: $585,729Expenses 2013: $533,187Net Income 2013: $52,5422013Revenue 2014: $627,641Expenses 2014: $586,227Net Income 2014: $41,4142014Revenue 2015: $690,480Expenses 2015: $642,159Net Income 2015: $48,3212015Revenue 2016: $696,896Expenses 2016: $641,016Net Income 2016: $55,8802016Revenue 2017: $727,766Expenses 2017: $599,118Net Income 2017: $128,6482017Revenue 2018: $871,309Expenses 2018: $794,813Net Income 2018: $76,4962018Revenue 2019: $767,517Expenses 2019: $795,521Net Income 2019: -$28,0042019Revenue 2020: $798,726Expenses 2020: $527,003Net Income 2020: $271,7232020Revenue 2021: $732,846Expenses 2021: $585,642Net Income 2021: $147,2042021Revenue 2022: $967,259Expenses 2022: $676,098Net Income 2022: $291,1612022Revenue 2023: $931,499Expenses 2023: $888,850Net Income 2023: $42,6492023Revenue 2024: $592,472Expenses 2024: $894,081Net Income 2024: -$301,6092024

Highlighted filing

2024

Revenue$592,472
Expenses$894,081
Net Income-$301,609

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$0.59$0.89$0.30
2023Detailed filing. Detailed filing data is available for this year.$1.46$0.03$1.43$0.93$0.89$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.44$0.03$1.41$0.97$0.68$0.29
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.13$1.15$0.73$0.59$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.19$1.00$0.80$0.53$0.27
2019Detailed filing. Detailed filing data is available for this year.$0.85$0.12$0.73$0.77$0.80$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.12$0.76$0.87$0.79$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.78$0.10$0.68$0.73$0.60$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.09$0.55$0.70$0.64$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.06$0.50$0.69$0.64$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.05$0.45$0.63$0.59$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.46$0.06$0.41$0.59$0.53$0.05
2012Summary only. Only limited summary data is available for this year.$0.39$0.04$0.35$0.53$0.53$0.00
2011Summary only. Only limited summary data is available for this year.$0.38$0.02$0.35$0.55$0.52$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.03$0.33$0.51
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 3, 2025
Return Version
2024v5.2
Gross Receipts
$743,110
Mission and Program Overview

Mission

Stimulate the greeley business economy

Stimulate the Greeley business economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,429,618$1,128,009▼ $301,609
Cash and Non-Interest-Bearing Accounts$415,718$585,563▲ $169,845
Savings and Temporary Cash Investments$767,743$430,248▼ $337,495
Other Notes and Loans Receivable, Net$120,653$0▼ $120,653
Land, Buildings, and Equipment, Net$90,215$84,006▼ $6,209
Accounts Receivable$67,515$39,285▼ $28,230
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,462,025$1,139,283▼ $322,742
Other Assets Total$181$181→ $0
Liabilities
Other Liabilities$10,932$7,314▼ $3,618
Accounts Payable and Accrued Expenses$18,529$3,960▼ $14,569
Deferred Revenue$2,946--
Total Liabilities$32,407$11,274▼ $21,133
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,429,618$1,128,009▼ $301,609
Total Liabilities and Net Assets / Fund Balance$1,462,025$1,139,283▼ $322,742

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$81,292$136,761$218,053
Equipment$2,714$64,313$67,027
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jaime L HenningPresidentFT$140,000$140,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$415,588
Investment Income
$19,241
Other Revenue
$157,643
Change in Net Assets
$-301,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$565,191
Other Expenses$328,890
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$425,191
Current Officers, Directors, Trustees, and Key Employees---$140,000
Fees for Service Investment Mgmnt Fees---$92,207
Occupancy---$27,322
Conferences and Meetings---$24,633
Advertising---$14,598
Fees for Services Management---$13,028
Depreciation Depletion---$6,209
Office Expenses---$1,605
Other Expenses---$206
Total Functional Expenses$0$0$0$894,081
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$231,137
Fundraising Direct Expenses$150,638
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Events$158,178$158,178$91,016$67,162
Other$72,959$72,959$59,622$13,337
Total Events$231,137$231,137$150,638$80,499
Political and Lobbying Activity
Political campaign activity
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$12,793
Current Year Nondeductible Lobbying and Political Cost$8,047
Political Expenditures$8,047
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$7,314
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Part VI, Section B, Line 11B

Return is prepared and presented to the board for its approval. The return will then be filed.

Form 990, Part VI, Section B, Line 12C

Board members may participate in discussions but are asked to recuse themselves in any vote in which there is a conflict of interest.

Form 990, Part VI, Section B, Line 15A

The salary of the President is set by members of the Board using comparable data from other similar organizations including the Western Association of Chamber Executives.

Form 990, Part VI, Section C, Line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Greeley Chamber of Commerce
EIN
84-0216900
Phone
9703523566
Address
902 7th Avenue, Greeley, CO 80631

Signing Officer

Name
Jaime L Henning
Title
President
Signed
2025-10-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jaime L Henning
Formed
1919
Legal Domicile
Co
Voting Board Members
25
Independent Board Members
27
Employees
7

Preparer

Firm
JP Tax Solutions LLC
Address
4627 W 20th St Rd Ste B, Greeley, CO 80634
Preparer
Joey K Penfold
Phone
9704022170
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