Civic Intelligence

Cache Valley Chamber of Commerce

990 • Fiscal year 2021 • EIN 87-0149425

Jan 01, 2021 to Dec 31, 2021 • Filed on May 11, 2022

PO Box 3338Logan, UT 84323

(435) 752-2161

Siviq Scores

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

Liabilities / Assets

39th percentile

0.02x

Higher debt load relative to assets than 39% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

39th percentile

0.03x

Higher debt load relative to revenue than 39% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Net Margin

50th percentile

11%

Higher net margin than 50% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

59th percentile

$73,029

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 19.0% of source-year revenue.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Asset Growth

43rd percentile

8.6%

Faster asset growth than 43% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

31%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Flat

$517,497

Flat from 2021

Net Assets

Flat

$507,004

Flat from 2021

Liabilities

Flat

$10,493

Flat from 2021

Revenue

Flat

$384,768

Flat from 2021

Expenses

Flat

$342,277

Flat from 2021

Net Income

Flat

$42,491

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $362,150Liabilities 2011: $249,723Net Assets 2011: $112,4272011Assets 2012: $344,708Liabilities 2012: $239,721Net Assets 2012: $104,9872012Assets 2013: $394,269Liabilities 2013: $312,706Net Assets 2013: $81,5632013Assets 2014: $361,657Liabilities 2014: $188,152Net Assets 2014: $173,5052014Assets 2015: $425,359Liabilities 2015: $215,673Net Assets 2015: $209,6862015Assets 2016: $436,950Liabilities 2016: $196,582Net Assets 2016: $240,3682016Assets 2017: $417,766Liabilities 2017: $160,357Net Assets 2017: $257,4092017Assets 2018: $370,660Liabilities 2018: $136,503Net Assets 2018: $234,1572018Assets 2019: $510,463Liabilities 2019: $11,768Net Assets 2019: $498,6952019Assets 2020: $476,520Liabilities 2020: $12,007Net Assets 2020: $464,5132020Assets 2021: $517,497Liabilities 2021: $10,493Net Assets 2021: $507,0042021Assets 2021: $517,497Liabilities 2021: $10,493Net Assets 2021: $507,0042021Assets 2022: $445,145Liabilities 2022: $19,735Net Assets 2022: $425,4102022Assets 2023: $520,302Liabilities 2023: $37,031Net Assets 2023: $483,2712023

Highlighted filing

2021

Assets$517,497
Liabilities$10,493
Net Assets$507,004

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $273,105Expenses 2011: $270,419Net Income 2011: $2,6862011Expenses 2012: $295,7432012Revenue 2013: $233,693Expenses 2013: $245,867Net Income 2013: -$12,1742013Revenue 2014: $271,294Expenses 2014: $224,142Net Income 2014: $47,1522014Revenue 2015: $267,333Expenses 2015: $231,543Net Income 2015: $35,7902015Revenue 2016: $276,900Expenses 2016: $245,281Net Income 2016: $31,6192016Revenue 2017: $282,705Expenses 2017: $253,775Net Income 2017: $28,9302017Revenue 2018: $264,232Expenses 2018: $287,484Net Income 2018: -$23,2522018Revenue 2019: $557,560Expenses 2019: $293,022Net Income 2019: $264,5382019Revenue 2020: $293,374Expenses 2020: $337,255Net Income 2020: -$43,8812020Revenue 2021: $384,768Expenses 2021: $342,277Net Income 2021: $42,4912021Revenue 2021: $384,768Expenses 2021: $342,277Net Income 2021: $42,4912021Revenue 2022: $289,793Expenses 2022: $371,387Net Income 2022: -$81,5942022Revenue 2023: $477,342Expenses 2023: $419,481Net Income 2023: $57,8612023

Highlighted filing

2021

Revenue$384,768
Expenses$342,277
Net Income$42,491
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 11, 2022
Return Version
2021v4.0
Gross Receipts
$384,768
Mission and Program Overview

Mission

To create a cooperative community vision by focusing on critical cache valley issues

The Cache Chamber of Commerce mission is to create a cooperative community vision by focusing on critical Cache Valley issues

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$163,183$342,964▲ $179,781
Savings and Temporary Cash Investments$28,714$89,154▲ $60,440
Cash and Non-Interest-Bearing Accounts$278,029$81,424▼ $196,605
Land, Buildings, and Equipment, Net$6,594$3,955▼ $2,639
Accounts Receivable-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$476,520$517,497▲ $40,977
Other Assets Total-$0-
Liabilities
Other Liabilities$10,712$9,011▼ $1,701
Accounts Payable and Accrued Expenses$1,295$1,482▲ $187
Total Liabilities$12,007$10,493▼ $1,514
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$464,513$507,004▲ $42,491
Total Net Assets Fund Balance$464,513$507,004▲ $42,491
Total Liabilities and Net Assets / Fund Balance$476,520$517,497▲ $40,977

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,955$5,396$9,351
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jamie AndrusPresident & CEOFT$73,029$73,029

Board Members and Trustees

NameTitle
Shirlene DavisChair Elect
Vicki FentonChairman
Michael JewellPast Chair
Brandon McBrideDirector
Bryan EricksonDirector
Chad CampbellDirector
Daren WellsDirector
David PackerDirector
David ZookDirector
Debbie RopelatoDirector
Emily MerkleyDirector
Forest FackrellDirector
Holly DainesDirector
Julie Hollist TerrillDirector
Kendra PenryDirector
LJ BoltonDirector
Rigo ChapparoDirector
Roger JonesDirector
Schelly PitcherDirector
Karina BrownSecretary
Tara WilliamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$354,987
Investment Income
$29,781
Other Revenue
$0
Change in Net Assets
$42,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$221,227
Other Expenses$121,050
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$113,510
Current Officers, Directors, Trustees, and Key Employees---$73,029
Advertising---$27,719
Other Employee Benefits---$20,340
Information Technology---$16,117
Payroll Taxes---$14,348
Fees for Services Accounting---$13,286
Occupancy---$12,120
Office Expenses---$11,927
Fees for Services Other---$4,122
Travel---$3,452
Insurance---$2,857
Depreciation Depletion---$2,639
Other Expenses---$1,592
Conferences and Meetings---$1,323
All Other Expenses---$994
Total Functional Expenses$0$0$0$342,277
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
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
Payroll Liabilities$5,550
Credit Cards$3,461
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Line 6: Explanation of Classes of Members or Shareholder

Membership consists of area business men and women government and educational representatives who are interested in economic development and networking

Form 990, Part VI, Line 11B: Form 990 Review Process

The board members are provided a copy of form 990 for review before 990 is filed

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annually board members are asked to disclose any conflicts of interest, which are then reviewed by the executive committee

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Reviewed and approved by the executive committee and then the general board of directors

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Financial Statements are available upon request

Filing and Contact Details

Filer

Filer Name
Cache Valley Chamber of Commerce
EIN
87-0149425
Phone
4357522161
Address
PO Box 3338, Logan, UT 84323

Signing Officer

Name
Jamie Andrus
Title
President
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jamie Andrus
Formed
1878
Legal Domicile
Ut
Voting Board Members
22
Independent Board Members
21
Employees
8
Volunteers
70

Preparer

Firm
Cook Martin Poulson PC
Address
632 N Main St, Logan, UT 84321
Preparer
J Kirk Eck CPA
Phone
8014674450
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chair Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01878
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0384768
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt016117
IRS990/InsuranceGrp/TotalAmt02857
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt029781
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt029781
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0163183
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0342964
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05396
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06594
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03955
IRS990/LandBldgEquipCostOrOtherBssAmt09351
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Cache Chamber of Commerce mission is to create a cooperative community vision by focusing on critical Cache Valley issues
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0464513
IRS990/NetAssetsOrFundBalancesEOYAmt0507004
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0464513
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0507004
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt012120
IRS990/OfficeExpensesGrp/TotalAmt011927
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020340
IRS990/OtherExpensesGrp/Desc0Board of Director Expense
IRS990/OtherExpensesGrp/Desc1Janitorial
IRS990/OtherExpensesGrp/Desc2Equipment Rental/Maintenance
IRS990/OtherExpensesGrp/Desc3Dues and Subscriptions
IRS990/OtherExpensesGrp/TotalAmt016748
IRS990/OtherExpensesGrp/TotalAmt13440
IRS990/OtherExpensesGrp/TotalAmt22714
IRS990/OtherExpensesGrp/TotalAmt31592
IRS990/OtherLiabilitiesGrp/BOYAmt010712
IRS990/OtherLiabilitiesGrp/EOYAmt09011
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0113510
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt014348
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Jamie Andrus
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Economic Dev & Branding
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues
IRS990/ProgramServiceRevenueGrp/Desc2Non Member Revenue
IRS990/ProgramServiceRevenueGrp/Desc3Other Revenue
IRS990/ProgramServiceRevenueGrp/Desc4Special Events
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt025364
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1232011
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2653
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt359853
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt437106
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt025364
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1232011
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2653
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt359853
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt437106
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt01330
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0111693
IRS990/PYProgramServiceRevenueAmt0292044
IRS990/PYRevenuesLessExpensesAmt0-43881
IRS990/PYSalariesCompEmpBnftPaidAmt0225562
IRS990/PYTotalExpensesAmt0337255
IRS990/PYTotalRevenueAmt0293374
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt042491
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt028714
IRS990/SavingsAndTempCashInvstGrp/EOYAmt089154
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03955
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05396
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09351
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03461
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Cards
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll Liabilities
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03955
IRS990ScheduleD/TotalLiabilityAmt09011
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Membership consists of area business men and women government and educational representatives who are interested in economic development and networking
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board members are provided a copy of form 990 for review before 990 is filed
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Annually board members are asked to disclose any conflicts of interest, which are then reviewed by the executive committee

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$5.20$0.37$4.83$4.77$4.19$0.58
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$0.20$4.25$2.90$3.71$0.82
2021Detailed filing. Detailed filing data is available for this year.$5.17$0.10$5.07$3.85$3.42$0.42
2021Summary only. Only limited summary data is available for this year.$5.17$0.10$5.07$3.85$3.42$0.42
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.77$0.12$4.65$2.93$3.37$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.10$0.12$4.99$5.58$2.93$2.65
2018Summary only. Only limited summary data is available for this year.$3.71$1.37$2.34$2.64$2.87$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.18$1.60$2.57$2.83$2.54$0.29
2016Summary only. Only limited summary data is available for this year.$4.37$1.97$2.40$2.77$2.45$0.32
2015Detailed filing. Detailed filing data is available for this year.$4.25$2.16$2.10$2.67$2.32$0.36
2014Detailed filing. Detailed filing data is available for this year.$3.62$1.88$1.74$2.71$2.24$0.47
2013Detailed filing. Detailed filing data is available for this year.$3.94$3.13$0.82$2.34$2.46$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.45$2.40$1.05$2.96
2011Summary only. Only limited summary data is available for this year.$3.62$2.50$1.12$2.73$2.70$0.03