Civic Intelligence

Red River Chamber of Commerce

990 • Fiscal year 2017 • EIN 85-0207373

Jan 01, 2017 to Dec 31, 2017 • Filed on May 17, 2018

PO Box 870Red River, NM 87558

(575) 754-2366

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.17x

Higher debt load relative to assets than 79% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

67th percentile

0.03x

Higher debt load relative to revenue than 67% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

47th percentile

1.6%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

75th percentile

15%

Faster revenue growth than 75% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$45,103

Up $4,949 (+12%) from 2016

Net Assets

Up

$37,258

Up $5,411 (+17%) from 2016

Liabilities

Down

$7,845

Down $462 (-5.6%) from 2016

Revenue

Up

$242,412

Up $32,192 (+15%) from 2016

Expenses

Up

$238,476

Up $5,226 (+2.2%) from 2016

Net Income

Up

$3,936

Up $26,966 (+117%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$100K$0-$100KAssets 2011: $39,973Liabilities 2011: $3,042Net Assets 2011: $36,9312011Assets 2012: $45,725Liabilities 2012: $2,719Net Assets 2012: $43,0062012Assets 2013: $57,519Liabilities 2013: $14,790Net Assets 2013: $42,7292013Assets 2014: $54,695Liabilities 2014: $6,871Net Assets 2014: $47,8242014Assets 2015: $63,567Liabilities 2015: $8,690Net Assets 2015: $54,8772015Assets 2016: $40,154Liabilities 2016: $8,307Net Assets 2016: $31,8472016Assets 2017: $45,103Liabilities 2017: $7,845Net Assets 2017: $37,2582017Assets 2018: $20,415Liabilities 2018: $14,543Net Assets 2018: $5,8722018Assets 2019: $20,661Liabilities 2019: $16,795Net Assets 2019: $3,8662019Assets 2020: $104,775Liabilities 2020: $0Net Assets 2020: $104,7752020Assets 2021: $104,775Liabilities 2021: $104,800Net Assets 2021: -$252021Assets 2022: $131,944Liabilities 2022: $119,781Net Assets 2022: $12,1632022Assets 2023: $126,131Liabilities 2023: $167,606Net Assets 2023: -$41,4752023

Highlighted filing

2017

Assets$45,103
Liabilities$7,845
Net Assets$37,258

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $233,556Expenses 2011: $244,169Net Income 2011: -$10,6132011Revenue 2012: $226,073Expenses 2012: $219,948Net Income 2012: $6,1252012Revenue 2013: $292,547Expenses 2013: $292,824Net Income 2013: -$2772013Revenue 2014: $254,000Expenses 2014: $248,905Net Income 2014: $5,0952014Revenue 2015: $220,241Expenses 2015: $213,187Net Income 2015: $7,0542015Revenue 2016: $210,220Expenses 2016: $233,250Net Income 2016: -$23,0302016Revenue 2017: $242,412Expenses 2017: $238,476Net Income 2017: $3,9362017Revenue 2018: $245,377Expenses 2018: $276,763Net Income 2018: -$31,3862018Revenue 2019: $220,821Expenses 2019: $215,683Net Income 2019: $5,1382019Revenue 2020: $109,552Expenses 2020: $93,738Net Income 2020: $15,8142020Revenue 2021: $94,115Expenses 2021: $98,453Net Income 2021: -$4,3382021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $250,380Expenses 2023: $285,935Net Income 2023: -$35,5552023

Highlighted filing

2017

Revenue$242,412
Expenses$238,476
Net Income$3,936
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 17, 2018
Return Version
2017v2.2
Gross Receipts
$242,412
Mission and Program Overview

Mission

To promote red river in order to enhance the business interests for our member businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$31,847$37,258▲ $5,411
Cash and Non-Interest-Bearing Accounts$35,185$24,981▼ $10,204
Savings and Temporary Cash Investments-$15,705-
Land, Buildings, and Equipment, Net$5,193$3,380▼ $1,813
Accounts Receivable-$1,037-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$40,154$45,103▲ $4,949
Other Assets Total$-224--
Liabilities
Other Liabilities$5,382$5,477▲ $95
Accounts Payable and Accrued Expenses$1,900$1,343▼ $557
Deferred Revenue$1,025$1,025→ $0
Total Liabilities$8,307$7,845▼ $462
Net Assets / Fund Balance
Total Net Assets Fund Balance$31,847$37,258▲ $5,411
Total Liabilities and Net Assets / Fund Balance$40,154$45,103▲ $4,949

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$105$42,783$42,888
Equipment$3,275$28,274$31,549
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron WeathersPresident
Carolyn BanosVice President
Chelsesa ChurchDirector
Courtney HendersonDirector
Elizabeth RodrigsDirector
Jessica CrossDirector
Sharon CalhounDirector
Sherry FoleySecretary
Susan HogrefeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$608
Program Service Revenue
$241,788
Investment Income
$16
Other Revenue
$0
All Other Contributions
$608
Change in Net Assets
$3,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,416
Salaries, Compensation, and Employee Benefits$90,060
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$83,256
Payroll Taxes---$6,804
Occupancy---$6,600
Advertising---$4,483
Information Technology---$3,593
Insurance---$3,352
All Other Expenses---$3,211
Depreciation Depletion---$1,813
Other Expenses---$1,780
Office Expenses---$1,681
Fees for Services Accounting---$1,460
Total Functional Expenses$0$0$0$238,476
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Event Sponsor Deposits$3,775
Gc Program$1,030
Credit Card Liabilities$672
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members who pay dues.

Form 990, Part VI, Section A, Line 7A

The members elect members of the governing body, which is the board of directors.

Form 990, Part VI, Section A, Line 7B

Major decisions of the board of directors are subject to approval by the general membership, such as changes to by-laws or other governing documents.

Form 990, Part VI, Section B, Line 11B

The president/vice president will review form 990 before filing.

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

Any question of conflict is reviewed by the board at either a regular meeting or a special meeting, if considered necessary.

Form 990, Part VI, Section B, Line 15

All employee compensation is decided by the board.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available to the public at the chamber office upon request.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Ron weathers - po box 149, red river, nm 87558. Carolyn banos - po box 723, red river, nm 87558. Susan hogrefe - po box 51, red river, nm 87558. Jessica cross - po box 787, red river, nm 87558. Sharon calhoun - po box 870, red river, nm 87558. Sherry foley - po box 789, red river, nm 87558. Courtney henderson - po box 870, red river, nm 87558. Chelsesa church - po box 870, red river, nm 87558.

Filing and Contact Details

Filer

Filer Name
Red River Chamber of Commerce
EIN
85-0207373
Phone
5757542366
Address
PO BOX 870, RED RIVER, NM 87558

Signing Officer

Name
Susan Hogrefe
Title
Vice President
Phone
5757542366
Signed
2018-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Hogrefe
Formed
1980
Legal Domicile
Nm
Voting Board Members
9
Independent Board Members
9
Employees
7
Volunteers
35

Preparer

Firm
Rio Grande CPA Pc
Address
705 A PASEO DEL PUEBLO SUR, TAOS, NM 87571
Preparer
Sierra Duran CPA
Phone
5752243189
Raw XML Appendix376 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/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/ProgSrvcAccomActy3Grp/Desc0OKTOBERFEST IS A THREE DAY EVENT THAT ATTRACTED OVER 6,500 PARTICIPANTS. THIS EVENT HAS MUSIC, ART VENDORS, FOOD AND CONTESTS AND HAS ACTIVITIES FOR ADULTS AND CHILDREN. THE EVENT IS A GREAT BENEFIT TO CHAMBER MEMBERS AS IT ATTRACTS MANY PEOPLE TO RED RIVER AT A TIME WHEN TOURISM IS NORMALLY LOW.
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt039473
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt031847
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt037258
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015705
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03275
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028274
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031549
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0105
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042783
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042888
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0672
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13775
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21030
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EVENT SPONSOR DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2GC PROGRAM
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03380
IRS990ScheduleD/TotalLiabilityAmt05477
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS WHO PAY DUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT MEMBERS OF THE GOVERNING BODY, WHICH IS THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MAJOR DECISIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO APPROVAL BY THE GENERAL MEMBERSHIP, SUCH AS CHANGES TO BY-LAWS OR OTHER GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT/VICE PRESIDENT WILL REVIEW FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANY QUESTION OF CONFLICT IS REVIEWED BY THE BOARD AT EITHER A REGULAR MEETING OR A SPECIAL MEETING, IF CONSIDERED NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL EMPLOYEE COMPENSATION IS DECIDED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE CHAMBER OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7RON WEATHERS - PO BOX 149, RED RIVER, NM 87558. CAROLYN BANOS - PO BOX 723, RED RIVER, NM 87558. SUSAN HOGREFE - PO BOX 51, RED RIVER, NM 87558. JESSICA CROSS - PO BOX 787, RED RIVER, NM 87558. SHARON CALHOUN - PO BOX 870, RED RIVER, NM 87558. SHERRY FOLEY - PO BOX 789, RED RIVER, NM 87558. COURTNEY HENDERSON - PO BOX 870, RED RIVER, NM 87558. CHELSESA CHURCH - PO BOX 870, RED RIVER, NM 87558.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt040154
IRS990/TotalAssetsEOYAmt045103
IRS990/TotalAssetsGrp/BOYAmt040154
IRS990/TotalAssetsGrp/EOYAmt045103
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0608
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/TotalAmt0238476
IRS990/TotalGrossUBIAmt016
IRS990/TotalLiabilitiesBOYAmt08307
IRS990/TotalLiabilitiesEOYAmt07845
IRS990/TotalLiabilitiesGrp/BOYAmt08307
IRS990/TotalLiabilitiesGrp/EOYAmt07845
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt031847
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt037258
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt047135
IRS990/TotalOtherProgSrvcRevenueAmt0114772
IRS990/TotalProgramServiceExpensesAmt0110815
IRS990/TotalProgramServiceRevenueAmt0241788
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0241788
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0242412
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt016
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt040154
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt045103
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 870
IRS990/USAddress/CityNm0RED RIVER
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087558
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.REDRIVERNEWMEX.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN HOGREFE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05757542366
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RED RIVER CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0REDR
ReturnHeader/Filer/EIN0850207373
ReturnHeader/Filer/PhoneNum05757542366
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 870
ReturnHeader/Filer/USAddress/CityNm0RED RIVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087558
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05A490DD952FD7881FDAEFE00EC39D035BC763665
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.242.225.30
ReturnHeader/FilingSecurityInformation/IPDt02018-05-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MD
ReturnHeader/FilingSecurityInformation/IPTm015:17:43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812395642
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RIO GRANDE CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0705 A PASEO DEL PUEBLO SUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TAOS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087571
ReturnHeader/PreparerPersonGrp/PhoneNum05752243189
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SIERRA DURAN CPA
ReturnHeader/ReturnTs02018-06-05T12:51:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.26$1.68$0.41$2.50$2.86$0.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$1.20$0.12$0.00$0.00$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$1.05$0.00$0.94$0.98$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.00$1.05$1.10$0.94$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.17$0.04$2.21$2.16$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.15$0.06$2.45$2.77$0.31
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.08$0.37$2.42$2.38$0.04
2016Summary only. Only limited summary data is available for this year.$0.40$0.08$0.32$2.10$2.33$0.23
2015Summary only. Only limited summary data is available for this year.$0.64$0.09$0.55$2.20$2.13$0.07
2014Summary only. Only limited summary data is available for this year.$0.55$0.07$0.48$2.54$2.49$0.05
2013Summary only. Only limited summary data is available for this year.$0.58$0.15$0.43$2.93$2.93$0.00
2012Summary only. Only limited summary data is available for this year.$0.46$0.03$0.43$2.26$2.20$0.06
2011Summary only. Only limited summary data is available for this year.$0.40$0.03$0.37$2.34$2.44$0.11