Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.57x
Liabilities / Revenue
73rd percentile
Higher debt load relative to revenue than 73% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 76.4% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
65th percentile
Faster revenue growth than 65% of similar nonprofits.
Balance Sheet
Assets
Down$6,492
Down $6,604 (-50%) from 2012
Net Assets
Down$2,811
Down $7,438 (-73%) from 2012
Liabilities
Up$3,681
Up $834 (+29%) from 2012
Revenue And Expenses
Revenue
Up$58,780
Up $4,933 (+9.2%) from 2012
Expenses
Down$66,218
Down $2,598 (-3.8%) from 2012
Net Income
Up-$7,438
Up $7,531 (+50%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- May 15, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $90,216
Mission and Program Overview
Mission
CHAMBER OF COMMERCE
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE RICHFIELD AREA CHAMBER OF COMMERCE WAS ABLE TO PROMOTE LOCAL AREA BUSINESS GROWTH BY SPONSORING VARIOUS COMMUNITY EVENTS AND PROVIDING AVAILABLE INFORMATION ABOUT THE AREA TO VISITORS. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LORRAINE GREGERSON | Exec Directo | FT | $44,882 | - | $44,882 |
| BUFFY BROWN | Past Preside | - | $0 | - | - |
| MICHAEL TORGERSON | President | - | $0 | - | - |
| ROXANNE WAYBRANT | President El | - | $0 | - | - |
| JAN PETERSON | Vice Preside | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Event 1 | $57,574 | $57,574 | $31,436 | $26,138 |
| Total Events | $57,574 | $57,574 | $31,436 | $26,138 |
Filing and Contact Details
Filer
- EIN
- 87-0274378
- Phone
- 4358964241
Signing Officer
- Name
- Michael Torgerson
- Title
- President
- Phone
- 4358964241
- Signed
- 2014-05-15
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Michael Torgerson CPA Cva
- Phone
- 4358965491
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 2,552 office expenses 921 travel 422 conference 2,752 board member shirts 377 bank charges 1,423 computer software 1,088 dues 833 float 1,175 website expense 180 other deductions 176 ribbon cutting 168 fines and penalty 295 non-investment depreciation 606 total 12,968”
Form 990-ez, Part II, Line 24
“Laptop computer 0 1,010 less accumulated depreciation 0 606 total 0 404”
Form 990-ez, Part II, Line 26
“Payroll taxes payable 2,847 3,681”
Raw XML Appendix130 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | BUFFY BROWN |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | MICHAEL TORGERSON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | ROXANNE WAYBRANT |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | JAN PETERSON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 4 | LORRAINE GREGERSON |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | LORRAINE GREGERSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4358964241 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 250 NORTH MAIN STE B42 |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | RICHFIELD |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | UT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 84701 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 13096 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6088 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 14000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -7438 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 793 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 13096 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6492 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 57574 |
| IRS990EZ/GrossReceiptsAmt | 0 | 90216 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 18641 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 10249 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 2811 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 10249 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 2811 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 4020 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 44882 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | BUFFY BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MICHAEL TORGERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ROXANNE WAYBRANT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JAN PETERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | LORRAINE GREGERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PAST PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT EL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | EXEC DIRECTO |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 404 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12968 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | CHAMBER OF COMMERCE |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE RICHFIELD AREA CHAMBER OF COMMERCE WAS ABLE TO PROMOTE LOCAL AREA BUSINESS GROWTH BY SPONSORING VARIOUS COMMUNITY EVENTS AND PROVIDING AVAILABLE INFORMATION ABOUT THE AREA TO VISITORS. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 48437 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 31436 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 26138 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2847 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3681 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 66218 |
| IRS990EZ/TotalRevenueAmt | 0 | 58780 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 31436 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 57574 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 57574 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 57574 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 57574 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt | 0 | CHAMBER OPERATI |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 26138 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 31436 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 31436 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 2,552 OFFICE EXPENSES 921 TRAVEL 422 CONFERENCE 2,752 BOARD MEMBER SHIRTS 377 BANK CHARGES 1,423 COMPUTER SOFTWARE 1,088 DUES 833 FLOAT 1,175 WEBSITE EXPENSE 180 OTHER DEDUCTIONS 176 RIBBON CUTTING 168 FINES AND PENALTY 295 NON-INVESTMENT DEPRECIATION 606 TOTAL 12,968 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | LAPTOP COMPUTER 0 1,010 LESS ACCUMULATED DEPRECIATION 0 606 TOTAL 0 404 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PAYROLL TAXES PAYABLE 2,847 3,681 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL TORGERSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4358964241 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | RICHFIELD AREA CHAMBER OF COMMERCE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RICH |
| ReturnHeader/Filer/EIN | 0 | 870274378 |
| ReturnHeader/Filer/PhoneNum | 0 | 4358964241 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 250 NORTH MAIN STE B42 |
| ReturnHeader/Filer/USAddress/City | 0 | RICHFIELD |
| ReturnHeader/Filer/USAddress/State | 0 | UT |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 84701 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | HINTONBURDICK PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 159 NORTH MAIN ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | RICHFIELD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | UT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 84701 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4358965491 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-05-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL TORGERSON CPA CVA |
| ReturnHeader/ReturnTs | 0 | 2014-05-15T19:38:48-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $6,492
- Liabilities
- $3,681
- Net assets
- $2,811
- Revenue
- $58,780
- Expenses
- $66,218
- Net income
- -$7,438