Civic Intelligence

Greater Fairbanks Chamber of Commerce

EIN 92-0006532 • 501(c)6 • Fairbanks, AK

Profile

The Greater Fairbanks Chamber of Commerce is the leading voice advocating for the community by supporting business prosperity in the Interior.

100 Cushman St 102Fairbanks, AK 99701

www.fairbankschamber.org

Siviq Scores

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

Liabilities / Assets

34th percentile

0.05x

Higher debt load relative to assets than 34% of similar nonprofits.

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

Liabilities / Revenue

38th percentile

0.08x

Higher debt load relative to revenue than 38% of similar nonprofits.

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

Net Margin

45th percentile

2.9%

Higher net margin than 45% of similar nonprofits.

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

Top Officer Pay

37th percentile

$87,587

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

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

Asset Growth

48th percentile

4.8%

Faster asset growth than 48% of similar nonprofits.

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

Revenue Growth

61st percentile

9.6%

Faster revenue growth than 61% of similar nonprofits.

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

Assets

Up

$1,437,253

Up $66,204 (+4.8%) from 2023

Liabilities

Up

$78,926

Up $3,114 (+4.1%) from 2023

Net Assets

Up

$1,358,327

Up $63,090 (+4.9%) from 2023

Revenue

Up

$929,629

Up $81,545 (+9.6%) from 2023

Expenses

Up

$902,829

Up $61,676 (+7.3%) from 2023

Net Income

Up

$26,800

Up $19,869 (+287%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $704,178Liabilities 2011: $126,761Net Assets 2011: $577,4172011Assets 2012: $807,092Liabilities 2012: $131,408Net Assets 2012: $675,6842012Assets 2013: $813,894Liabilities 2013: $92,337Net Assets 2013: $721,5572013Assets 2014: $846,635Liabilities 2014: $64,904Net Assets 2014: $781,7312014Assets 2015: $903,730Liabilities 2015: $77,597Net Assets 2015: $826,1332015Assets 2016: $923,509Liabilities 2016: $72,469Net Assets 2016: $851,0402016Assets 2017: $1,040,408Liabilities 2017: $87,488Net Assets 2017: $952,9202017Assets 2018: $1,044,367Liabilities 2018: $61,655Net Assets 2018: $982,7122018Assets 2019: $1,135,183Liabilities 2019: $70,799Net Assets 2019: $1,064,3842019Assets 2020: $1,289,346Liabilities 2020: $83,257Net Assets 2020: $1,206,0892020Assets 2021: $1,408,688Liabilities 2021: $29,377Net Assets 2021: $1,379,3112021Assets 2022: $1,292,710Liabilities 2022: $66,273Net Assets 2022: $1,226,4372022Assets 2023: $1,371,049Liabilities 2023: $75,812Net Assets 2023: $1,295,2372023Assets 2024: $1,437,253Liabilities 2024: $78,926Net Assets 2024: $1,358,3272024

Highlighted filing

2024

Assets$1,437,253
Liabilities$78,926
Net Assets$1,358,327

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $682,431Expenses 2011: $632,554Net Income 2011: $49,8772011Revenue 2012: $786,448Expenses 2012: $703,592Net Income 2012: $82,8562012Revenue 2013: $710,428Expenses 2013: $684,376Net Income 2013: $26,0522013Revenue 2014: $814,657Expenses 2014: $744,757Net Income 2014: $69,9002014Revenue 2015: $811,045Expenses 2015: $718,706Net Income 2015: $92,3392015Revenue 2016: $722,575Expenses 2016: $724,505Net Income 2016: -$1,9302016Revenue 2017: $743,769Expenses 2017: $687,102Net Income 2017: $56,6672017Revenue 2018: $826,379Expenses 2018: $748,944Net Income 2018: $77,4352018Revenue 2019: $772,954Expenses 2019: $761,824Net Income 2019: $11,1302019Revenue 2020: $692,610Expenses 2020: $601,426Net Income 2020: $91,1842020Revenue 2021: $835,538Expenses 2021: $671,090Net Income 2021: $164,4482021Revenue 2022: $788,061Expenses 2022: $782,912Net Income 2022: $5,1492022Revenue 2023: $848,084Expenses 2023: $841,153Net Income 2023: $6,9312023Revenue 2024: $929,629Expenses 2024: $902,829Net Income 2024: $26,8002024

Highlighted filing

2024

Revenue$929,629
Expenses$902,829
Net Income$26,800

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.08$1.36$0.93$0.90$0.03
2023Summary only. Only limited summary data is available for this year.$1.37$0.08$1.30$0.85$0.84$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.07$1.23$0.79$0.78$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.03$1.38$0.84$0.67$0.16
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.08$1.21$0.69$0.60$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.07$1.06$0.77$0.76$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.06$0.98$0.83$0.75$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.09$0.95$0.74$0.69$0.06
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.07$0.85$0.72$0.72$0.00
2015Summary only. Only limited summary data is available for this year.$0.90$0.08$0.83$0.81$0.72$0.09
2014Summary only. Only limited summary data is available for this year.$0.85$0.06$0.78$0.81$0.74$0.07
2013Summary only. Only limited summary data is available for this year.$0.81$0.09$0.72$0.71$0.68$0.03
2012Summary only. Only limited summary data is available for this year.$0.81$0.13$0.68$0.79$0.70$0.08
2011Summary only. Only limited summary data is available for this year.$0.70$0.13$0.58$0.68$0.63$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 19, 2025
Return Version
2024v5.1
Gross Receipts
$968,907
Mission and Program Overview

Mission

The Greater Fairbanks Chamber of Commerce represents members by advocating for a healthy economic environment and by building partnerships that promote the greater Fairbanks area as an attractive place for business and community.

The Greater Fairbanks Chamber of Commerce is the leading voice advocating for the community by supporting business prosperity in the Interior.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$895,005$968,801▲ $73,796
Savings and Temporary Cash Investments$382,769$368,789▼ $13,980
Cash and Non-Interest-Bearing Accounts$30,803$30,633▼ $170
Land, Buildings, and Equipment, Net$32,384$29,823▼ $2,561
Accounts Receivable$20,218$27,379▲ $7,161
Prepaid Expenses and Deferred Charges$9,870$11,828▲ $1,958
Total Assets$1,371,049$1,437,253▲ $66,204
Liabilities
Deferred Revenue$40,254$53,645▲ $13,391
Accounts Payable and Accrued Expenses$34,660$24,383▼ $10,277
Other Liabilities$898$898→ $0
Total Liabilities$75,812$78,926▲ $3,114
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,295,237$1,358,327▲ $63,090
Total Net Assets Fund Balance$1,295,237$1,358,327▲ $63,090
Total Liabilities and Net Assets / Fund Balance$1,371,049$1,437,253▲ $66,204

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,823$40,891$70,714
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeremy JohnsonPast CEOFT$87,587$87,587
Donald BurgessCEOFT$64,400$64,400

Board Members and Trustees

NameTitle
Kelly WardBoard Chair
Angie TallantChair Elect
Patrick CotterPast Chair
Aaron PletnikoffDirector
Andrew RossowDirector
Brenna ShaakeDirector
Curtis WalmsleyDirector
David Van Den BergDirector
Elena SudduthDirector
Isaiah MangumDirector
Jimi CashDirector
Jomo StewartDirector
Juliet ShepherdDirector
Ken HallDirector
Les NicholsDirector
Marc HarmonDirector
Rebecca DeanDirector
Ron JohnsonDirector
Sara SmithDirector
Scott MccreaDirector
Tanya KaquatoshDirector
Jim CulleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$494,325
Program Service Revenue
$298,870
Investment Income
$38,526
Other Revenue
$97,908
Change in Net Assets
$26,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$500,872
Other Expenses$401,957
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$273,396
Current Officers, Directors, Trustees, and Key Employees---$151,987
All Other Expenses---$100,489
Occupancy---$50,462
Information Technology---$38,374
Payroll Taxes---$35,073
Other Employee Benefits---$34,694
Fees for Services Accounting---$29,526
Other Expenses---$21,792
Pension Plan Contributions---$5,722
Insurance---$4,802
Advertising---$3,537
Depreciation Depletion---$2,560
Travel---$1,408
Fees for Services Legal---$298
Total Functional Expenses$0$0$0$902,829
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$103,811
Fundraising Direct Expenses$39,278
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Duck Race Raffle$99,415$99,415$18,780$80,635
Chamber Pot Raffles$4,396$4,396-$4,396
Total Events$103,811$103,811$39,278$64,533
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Education Fund$898
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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 A, line 1A

Nine of the chambers board members are non-voting members, who contribute in an advisory capacity.

Form 990, Part VI, Section A, line 6

Any licensed business, professional organization, non-profit organization, government entity, or individual person having a common interest in the purpose of the Chamber, is elibible for membership.

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

A nominating and elections committee, consisting of Chamber members, develops a list of nominees for the Chamber's Board of Directors. The list is presented to the Chamber's Board of Directors for approval. Thereafter, each member of the Chamber, in good standing, is eligible to particate in the electon of the board members.

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

A draft copy of the Form 990 is reviewed by the Finance Committee, and then submitted to and reviewed by the Board of Directors for final approval.

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

The organization reviews and discusses any potential conflicts of interest at regular meetings.

Form 990, Part VI, Section B, line 15

The executive committee oversees and makes a recommendation for the executive director's salary, and the board approves. Wages of other employees are approved during the annual budget process.

Form 990, Part VI, Section C, line 19

Documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Greater Fairbanks Chamber of Commerce
EIN
92-0006532
Phone
9074521105
Address
100 CUSHMAN ST 102, FAIRBANKS, AK 99701

Signing Officer

Name
Donald Burgess
Title
CEO
Phone
9074521105
Signed
2025-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Burgess
Formed
1952
Legal Domicile
Ak
Voting Board Members
22
Independent Board Members
22
Employees
12
Volunteers
29

Preparer

Firm
RJG A Professional Corporation
Address
1100 West Barnette Suite 102, Fairbanks, AK 99701
Preparer
Debra J Gross
Phone
9074524156
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

Advocacy activities 19,620. Membership expense 19,001. Credit card fees 13,477. Juneau fly-in and reception 9,635. Telephone & fax 7,479. Operation standing together 7,430. Annual membership meeting 5,679. Tcc urban/rural reception 4,788. Board of directors 3,802. Family friendly workplace 3,144. Supplies 3,076. Postage 1,502. Community event sponsorships 665. Printing 529. Website expense 319. Training 222. Seminar expenses 121.

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Raw XML AppendixShowing 400 of 527 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/Desc0MEMBERSHIP SERVICES: The Chamber serves as an advocate for local business, advocating for the best environment for business by promoting economic strength and growth for Interior Alaska while developing a networking hub to use and share knowledge. Networking opportunities include: weekly membership luncheons with guest speaker presentations of issues of importance to businesses and the community, Business After Hours events, the Chamber's annual Operation Standing Together event, and the Chamber's weekly e-newsletter. The Chamber also provides enhanced marketing and visibility for its members, as well as leadership training for members seeking to expand their existing leadership skills.
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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
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IRS990/ProgSrvcAccomActy3Grp/Desc0RECOGNITION: The Chamber honors excellence in the community in volunteerism, education and business leadership. Additionally, the Chamber's annual Military Appreciation Banquet honors military personnel from Interior Alaska who have been honored for their excellence, leadership, and commitment in service to our armed forces. Civilians in the community host military couples and single soldiers/airmen for an evening of dinner and an awards ceremony.
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