Civic Intelligence

Steamboat Springs Chamber Resort Associa

EIN 84-0394242 • 501(c)6 • Steamboat Springs, CO

View Organization Page

Profile

To support, encourage and sustain a vibrant, healthy economy in steamboat springs and surrounding areas. To act as a spokesperson for the business and professional community, to support all existing industries and welcome and nurture

PO Box 774408Steamboat Springs, CO 80477

www.steamboat-chamber.com

Siviq Scores

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

Liabilities / Assets

50th percentile

0.14x

Higher debt load relative to assets than 50% of similar nonprofits.

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

Liabilities / Revenue

45th percentile

0.13x

Higher debt load relative to revenue than 45% of similar nonprofits.

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

Net Margin

52nd percentile

5.2%

Higher net margin than 52% of similar nonprofits.

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

Top Officer Pay

44th percentile

$118,150

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

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

Asset Growth

63rd percentile

9.6%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

57th percentile

8.0%

Faster revenue growth than 57% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$1,168,382

Up $102,253 (+9.6%) from 2023

Liabilities

Up

$167,927

Up $36,181 (+27%) from 2023

Net Assets

Up

$1,000,455

Up $66,072 (+7.1%) from 2023

Operations
Liabilities / Revenue45th percentileNet Margin52nd percentile

Revenue

Up

$1,269,462

Up $93,517 (+8.0%) from 2023

Expenses

Up

$1,203,390

Up $41,106 (+3.5%) from 2023

Net Income

Up

$66,072

Up $52,411 (+384%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

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

$1.5M$1.0M$500K$0Assets 2011: $973,525Liabilities 2011: $528,636Net Assets 2011: $444,8892011Assets 2012: $918,276Liabilities 2012: $396,500Net Assets 2012: $521,7762012Assets 2013: $857,558Liabilities 2013: $319,146Net Assets 2013: $538,4122013Assets 2014: $736,711Liabilities 2014: $305,982Net Assets 2014: $430,7292014Assets 2015: $758,218Liabilities 2015: $272,069Net Assets 2015: $486,1492015Assets 2016: $1,038,235Liabilities 2016: $545,611Net Assets 2016: $492,6242016Assets 2017: $1,100,358Liabilities 2017: $524,891Net Assets 2017: $575,4672017Assets 2018: $1,154,404Liabilities 2018: $509,768Net Assets 2018: $644,6362018Assets 2019: $1,114,552Liabilities 2019: $461,834Net Assets 2019: $652,7182019Assets 2020: $1,130,290Liabilities 2020: $359,878Net Assets 2020: $770,4122020Assets 2021: $1,219,063Liabilities 2021: $316,568Net Assets 2021: $902,4952021Assets 2022: $1,055,131Liabilities 2022: $134,409Net Assets 2022: $920,7222022Assets 2023: $1,066,129Liabilities 2023: $131,746Net Assets 2023: $934,3832023Assets 2024: $1,168,382Liabilities 2024: $167,927Net Assets 2024: $1,000,4552024

Highlighted filing

2024

Assets$1,168,382
Liabilities$167,927
Net Assets$1,000,455
Open 2024 Filing

Operations Trend

Revenue Growth57th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,189,338Expenses 2011: $1,247,105Net Income 2011: -$57,7672011Revenue 2012: $1,332,105Expenses 2012: $1,252,218Net Income 2012: $79,8872012Revenue 2013: $1,337,041Expenses 2013: $1,320,405Net Income 2013: $16,6362013Revenue 2014: $1,297,463Expenses 2014: $1,405,146Net Income 2014: -$107,6832014Revenue 2015: $1,411,380Expenses 2015: $1,355,960Net Income 2015: $55,4202015Revenue 2016: $1,495,082Expenses 2016: $1,488,607Net Income 2016: $6,4752016Revenue 2017: $1,587,348Expenses 2017: $1,504,505Net Income 2017: $82,8432017Revenue 2018: $1,606,632Expenses 2018: $1,556,015Net Income 2018: $50,6172018Revenue 2019: $1,686,456Expenses 2019: $1,678,374Net Income 2019: $8,0822019Revenue 2020: $1,441,956Expenses 2020: $1,324,262Net Income 2020: $117,6942020Revenue 2021: $1,684,300Expenses 2021: $1,552,217Net Income 2021: $132,0832021Revenue 2022: $1,538,418Expenses 2022: $1,520,191Net Income 2022: $18,2272022Revenue 2023: $1,175,945Expenses 2023: $1,162,284Net Income 2023: $13,6612023Revenue 2024: $1,269,462Expenses 2024: $1,203,390Net Income 2024: $66,0722024

Highlighted filing

2024

Revenue$1,269,462
Expenses$1,203,390
Net Income$66,072
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,168,382
Liabilities
$167,927
Net assets
$1,000,455
Revenue
$1,269,462
Expenses
$1,203,390
Net income
$66,072
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.17$1.00$1.27$1.20$0.07
2023Summary only. Only limited summary data is available for this year.$1.07$0.13$0.93$1.18$1.16$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.13$0.92$1.54$1.52$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.32$0.90$1.68$1.55$0.13
2020Summary only. Only limited summary data is available for this year.$1.13$0.36$0.77$1.44$1.32$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.46$0.65$1.69$1.68$0.01
2018Summary only. Only limited summary data is available for this year.$1.15$0.51$0.64$1.61$1.56$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.52$0.58$1.59$1.50$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.55$0.49$1.50$1.49$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.27$0.49$1.41$1.36$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.31$0.43$1.30$1.41$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.86$0.32$0.54$1.34$1.32$0.02
2012Summary only. Only limited summary data is available for this year.$0.92$0.40$0.52$1.33$1.25$0.08
2011Summary only. Only limited summary data is available for this year.$0.97$0.53$0.44$1.19$1.25$0.06
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$1,692,672
Mission and Program Overview

Mission

To support, encourage and sustain a vibrant, healthy economy in Steamboat Springs and surrounding areas,To act as a spokesperson for the business and professional community,To support all existing industries and welcome and nurture new industries,To preserve our environment and workforce as integral components of our economic well-being.

Mission: We are the catalyst for business growth. We are the convener of leaders and influencers. We champion for a thriving community. TO SUPPORT, ENCOURAGE AND SUSTAIN A VIBRANT, HEALTHY ECONOMY IN STEAMBOAT SPRINGS AND SURROUNDING AREAS,TO ACT AS A SPOKESPERSON AND ADVOCATE FOR THE BUSINESS AND PROFESSIONAL COMMUNITY,TO SUPPORT ALL EXISTING INDUSTRIES AND WELCOME AND NURTURE NEW INDUSTRIES,TO PRESERVE OUR ENVIRONMENT AND WORKFORCE AS INTEGRAL COMPONENTS OF OUR ECONOMIC WELL-BEING.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$833,337$669,523▼ $163,814
Land, Buildings, and Equipment, Net$329,196$312,101▼ $17,095
Accounts Receivable$11,658$32,459▲ $20,801
Prepaid Expenses and Deferred Charges$4,999$910▼ $4,089
Savings and Temporary Cash Investments-$0-
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$1,219,063$1,055,131▼ $163,932
Other Assets Total$39,873$40,138▲ $265
Liabilities
Accounts Payable and Accrued Expenses$73,347$59,783▼ $13,564
Other Liabilities$38,018$38,018→ $0
Deferred Revenue$205,203$36,608▼ $168,595
Total Liabilities$316,568$134,409▼ $182,159
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$902,495$920,722▲ $18,227
Total Net Assets Fund Balance$902,495$920,722▲ $18,227
Total Liabilities and Net Assets / Fund Balance$1,219,063$1,055,131▼ $163,932

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$106,195$366,001$472,196
Land$200,000-$200,000
Leasehold Improvements-$77,636$77,636
Equipment$5,906$15,398$21,304
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kara StollerCEOFT$127,000$127,000

Board Members and Trustees

NameTitle
Geoff PetisPast President
Ted CareyPresident
Adam WilsonDirector
Adonna AllenDirector
Andy WallaceDirector
Betse GrassbyDirector
Dan PirralloDirector
Katie BrownDirector
Liza ScudderDirector
Loryn DukeDirector
Luke BrosterhousDirector
Madison KeeffeDirector
Mark WalkerDirector
Michael MarchandDirector
Michele MeyerDirector
Rex BriceDirector
Scott MarrDirector
Urich SalzgeberDirector
Kathy ElliottExec Committee
Soniya FidlerExec Committee
Sarah FoxVP/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$440,427
Program Service Revenue
$950,079
Investment Income
$1,531
Other Revenue
$146,381
All Other Contributions
$90,000
Change in Net Assets
$18,227

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,538,418
Revenue Not Reported on Form 990
$154,254
Total Revenue per Audited Statements
$1,692,672
Total Revenue per Form 990
$1,538,418
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$775,365
Salaries, Compensation, and Employee Benefits$732,826
Grants and Similar Amounts Paid$12,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$498,610
Advertising---$344,687
Current Officers, Directors, Trustees, and Key Employees---$127,000
All Other Expenses---$94,190
Payroll Taxes---$48,770
Other Employee Benefits---$39,872
Other Expenses---$31,376
Office Expenses---$30,625
Occupancy---$25,636
Depreciation Depletion---$20,095
Pension Plan Contributions---$18,574
Grants to Domestic Individuals---$12,000
Total Functional Expenses$0$0$0$1,520,191

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,674,445
Expenses per Audited Statements$1,520,191
Total Expenses per Form 990$1,520,191
Expenses Not Reported on Form 990$154,254
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$137,377
Fundraising Gross Income$137,377
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Marathon$181,170$128,559$128,559$0
Cowboy Roundup$14,013$8,818$8,818$0
Total Events$195,183$137,377$137,377-
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
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
Cash Held as Agent$38,018
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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

“The SSCRA finance committee reviews the yearly audit which is used for tax completion. The audit materials as well as the final 990 are available for review by executive committee.”

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

“The organization obtains multiple bids when possible on products and services. The Board asks that any voting member with a conflict of interest on any policy to present this conflict to the Board.”

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

“The Finance Committee reviews the total account line items for wages and benefits. The Executive Committee reviews the CEOs benefits and salary on an annual basis.”

Form 990, Part VI, Section C, Line 18

“UPON REQUEST”

Form 990, Part VI, Section C, Line 19

“Upon request.”

Filing and Contact Details

Filer

Filer Name
Steamboat Springs Chamber
EIN
84-0394242
Phone
9708757007
Address
PO BOX 774408, STEAMBOAT SPRINGS, CO 80477

Signing Officer

Name
Sarah Leonard
Title
CEO
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Formed
1907
Legal Domicile
Co
Voting Board Members
21
Independent Board Members
21
Employees
15
Volunteers
200

Preparer

Firm
Emerald Mountain Tax & Consulting
Address
330 South Lincoln Ave Ste 101, STEAMBOAT SPRINGS, CO 80487
Preparer
Allison Kusy
Phone
9708791787
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Special events expenses $137377 rental expenses $16877”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Special events expenses $137377 rental expenses $16877”

Raw XML AppendixShowing 400 of 540 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.

Path#Value
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IRS990/AccountsReceivableGrp/BOYAmt011658
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IRS990/BooksInCareOfDetail/PhoneNum09708757007
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IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt020095
IRS990/Desc0THE STEAMBOAT SPRINGS CHAMBER SUPPORTS BUSINESS GROWTH AND WORKS TO KEEP STEAMBOAT SPRINGS A GREAT PLACE TO LIVE AND WORK. THE STEAMBOAT SPRINGS CHAMBER advocate for pro-business policy and initiatives that support economic development. MEMBERSHIP EFFORTS SUPPORTED BUSINESS GROWTH BY CREATING NEW BUSINESS EDUCATION OPPORTUNITIES, CONNECTING MEMBERS WITH NEEDED RESOURCES, AND ENSURING USE OF MEMBERSHIP BENEFITS. DESTINATION Stewardship Efforts were focused on striking a balance between quality of life for residents and creating excellent visitor experiences. Our Kindness Floats the Boat messaging targeted visitors who were already in Steamboat and encouraged visitors to travel mindfully. The message was delivered through social, targeted ads, website and communicated to visitors through our Visitors Center and at various events throughout the community.
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IRS990/FeesForServicesProfFundraising/TotalAmt00
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IRS990/MissionDesc0Mission: We are the catalyst for business growth. We are the convener of leaders and influencers. We champion for a thriving community. TO SUPPORT, ENCOURAGE AND SUSTAIN A VIBRANT, HEALTHY ECONOMY IN STEAMBOAT SPRINGS AND SURROUNDING AREAS,TO ACT AS A SPOKESPERSON AND ADVOCATE FOR THE BUSINESS AND PROFESSIONAL COMMUNITY,TO SUPPORT ALL EXISTING INDUSTRIES AND WELCOME AND NURTURE NEW INDUSTRIES,TO PRESERVE OUR ENVIRONMENT AND WORKFORCE AS INTEGRAL COMPONENTS OF OUR ECONOMIC WELL-BEING.
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