Civic Intelligence

Severance Chamber of Commerce

EIN 84-1953794 • 501(c)6 • Severance, CO

Profile

Our mission is to support the growth of businesses in severance through advocacy, visibility, access to leaders, economic development, connectivity, and business education.

PO Box 21Severance, CO 80546

severancechamber.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

75th percentile

15%

Higher net margin than 75% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

80th percentile

19%

Faster asset growth than 80% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-57%

Faster revenue growth than 9% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$8,368

Up $1,308 (+19%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$8,368

Up $1,308 (+19%) from 2023

Operations
Liabilities / Revenue50th percentileNet Margin75th percentile

Revenue

Down

$8,808

Down $11,616 (-57%) from 2023

Expenses

Down

$7,500

Down $14,073 (-65%) from 2023

Net Income

Up

$1,308

Up $2,457 (+214%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

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

$20K$15K$10K$5.0K$0Assets 2020: $17,259Liabilities 2020: $6002020Assets 2021: $17,758Net Assets 2021: $17,7582021Assets 2022: $8,813Net Assets 2022: $8,8132022Assets 2023: $7,060Liabilities 2023: $0Net Assets 2023: $7,0602023Assets 2024: $8,368Liabilities 2024: $0Net Assets 2024: $8,3682024

Highlighted filing

2024

Assets$8,368
Liabilities$0
Net Assets$8,368
Open 2024 Filing

Operations Trend

Revenue Growth9th percentile

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

$30K$20K$10K$0-$10KRevenue 2020: $16,929Expenses 2020: $5,287Net Income 2020: $11,6422020Revenue 2021: $6,325Expenses 2021: $5,226Net Income 2021: $1,0992021Revenue 2022: $8,217Expenses 2022: $17,161Net Income 2022: -$8,9442022Revenue 2023: $20,424Expenses 2023: $21,573Net Income 2023: -$1,1492023Revenue 2024: $8,808Expenses 2024: $7,500Net Income 2024: $1,3082024

Highlighted filing

2024

Revenue$8,808
Expenses$7,500
Net Income$1,308
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,368
Liabilities
$0
Net assets
$8,368
Revenue
$8,808
Expenses
$7,500
Net income
$1,308
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.37$0.00$8.37$8.81$7.50$1.31
2023Detailed filing. Detailed filing data is available for this year.$7.06$0.00$7.06$20.4$21.6$1.15
2022Detailed filing. Detailed filing data is available for this year.$8.81$8.81$8.22$17.2$8.94
2021Detailed filing. Detailed filing data is available for this year.$17.8$17.8$6.33$5.23$1.10
2020Summary only. Only limited summary data is available for this year.$17.3$0.60$16.9$5.29$11.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 18, 2025
Return Version
2024v5.1
Gross Receipts
$8,808
Mission and Program Overview

Mission

Our mission is to support the growth of businesses in severance through advocacy, visibility, access to leaders, economic development, connectivity, and business education.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
HALLOWEEN EVENT AT TOWN, MEMBER RIBBON CUTTING AS NEW MEMBERS JOIN AND TUESDAY NIGHT BUSINESS AFTER HOURS NETWORKING-$0
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELIZABETH ATKINSPresident-$0--
JUSTIN SPAETHTreasurer-$0--
HILDA DANIELSBoard Member-$0--
NATHAN SIMPSONAmbassador-$0--
JOSH ABBYAmbassador-$0--
Filing and Contact Details

Filer

Filer Name
Severance Chamber of Commerce Inc
EIN
84-1953794
In Care Of
% JUSTIN SPAETH
Phone
9704022025
Address
PO BOX 21, SEVERANCE, CO 80546

Signing Officer

Name
Justin Spaeth
Title
Treasurer
Phone
9703965222
Signed
2025-06-18
Discuss with paid preparer
Yes

Preparer

Firm
Tim Chavies & Assoc Inc Cpas
Address
1707 61ST AVE - STE 101, GREELEY, CO 80634
Preparer
Chad K Chavies CPA
Phone
9703562284
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountbank charges 300govt fees 25merchant fees 171office supplies 5,674event expense 45insurance 810”

General explanation attachment

“Primary exempt purpose:our mission is to support the growth of businesses in severance, colorado through advocacy, visibility, acccess to leaders, economic development, connectivity, and business education.”

Raw XML Appendix117 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ELIZABETH ATKINS
IRS990EZ/BooksInCareOfDetail/PhoneNum09704022025
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 21
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SEVERANCE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd080546
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07060
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08368
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01308
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0403
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07060
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08368
IRS990EZ/GrossReceiptsAmt08808
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt07
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt08801
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NameChangeInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07060
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08368
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07060
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08368
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ELIZABETH ATKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JUSTIN SPAETH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HILDA DANIELS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3NATHAN SIMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOSH ABBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3AMBASSADOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4AMBASSADOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt07025
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/PrintingPublicationsPostageAmt072
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HALLOWEEN EVENT AT TOWN, MEMBER RIBBON CUTTING AS NEW MEMBERS JOIN AND TUESDAY NIGHT BUSINESS AFTER HOURS NETWORKING
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt07500
IRS990EZ/TotalRevenueAmt08808
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTBANK CHARGES 300GOVT FEES 25MERCHANT FEES 171OFFICE SUPPLIES 5,674EVENT EXPENSE 45INSURANCE 810
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIMARY EXEMPT PURPOSE:OUR MISSION IS TO SUPPORT THE GROWTH OF BUSINESSES IN SEVERANCE, COLORADO THROUGH ADVOCACY, VISIBILITY, ACCCESS TO LEADERS, ECONOMIC DEVELOPMENT, CONNECTIVITY, AND BUSINESS EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1General explanation attachment
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTIN SPAETH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09703965222
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEVERANCE CHAMBER OF COMMERCE INC
ReturnHeader/Filer/BusinessNameControlTxt0SEVE
ReturnHeader/Filer/EIN0841953794
ReturnHeader/Filer/InCareOfNm0% JUSTIN SPAETH
ReturnHeader/Filer/PhoneNum09704022025
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 21
ReturnHeader/Filer/USAddress/CityNm0SEVERANCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080546
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0840715544
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TIM CHAVIES & ASSOC INC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01707 61ST AVE - STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREELEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080634
ReturnHeader/PreparerPersonGrp/PhoneNum09703562284
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHAD K CHAVIES CPA
ReturnHeader/ReturnTs02025-06-23T18:31:31-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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