Civic Intelligence

Greater Newport Chamber of Commerce

EIN 93-0350614 • 501(c)6 • Newport, OR

Profile

To promote the civic, commercial, agricultural, tourist, marine and industrial welfare of the city of newport, oregon and surrounding communities and economic area.

555 SW Coast HighwayNewport, OR 97365

newportchamber.org

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.24x

Higher debt load relative to assets than 63% of similar nonprofits.

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

Liabilities / Revenue

44th percentile

0.13x

Higher debt load relative to revenue than 44% of similar nonprofits.

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

Net Margin

41st percentile

1.7%

Higher net margin than 41% of similar nonprofits.

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

Top Officer Pay

33rd percentile

$54,797

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

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

Asset Growth

74th percentile

14%

Faster asset growth than 74% of similar nonprofits.

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

Revenue Growth

85th percentile

27%

Faster revenue growth than 85% of similar nonprofits.

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

Assets

Up

$550,618

Up $69,022 (+14%) from 2023

Liabilities

Up

$129,718

Up $50,467 (+64%) from 2023

Net Assets

Up

$420,900

Up $18,555 (+4.6%) from 2023

Revenue

Up

$1,029,054

Up $221,486 (+27%) from 2023

Expenses

Up

$1,011,282

Up $284,634 (+39%) from 2023

Net Income

Down

$17,772

Down $63,148 (-78%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $251,797Liabilities 2011: $15,059Net Assets 2011: $236,7382011Assets 2012: $231,891Liabilities 2012: $10,836Net Assets 2012: $221,0552012Assets 2013: $255,078Liabilities 2013: $51,067Net Assets 2013: $204,0112013Assets 2014: $201,579Liabilities 2014: $14,300Net Assets 2014: $187,2792014Assets 2015: $180,075Liabilities 2015: $8,143Net Assets 2015: $171,9322015Assets 2016: $175,454Liabilities 2016: $0Net Assets 2016: $175,4542016Assets 2017: $162,461Liabilities 2017: $0Net Assets 2017: $162,4612017Assets 2018: $230,600Liabilities 2018: $69,939Net Assets 2018: $160,6612018Assets 2019: $388,519Liabilities 2019: $73,641Net Assets 2019: $314,8782019Assets 2020: $367,478Liabilities 2020: $64,117Net Assets 2020: $303,3612020Assets 2021: $437,255Liabilities 2021: $58,292Net Assets 2021: $378,9632021Assets 2022: $401,766Liabilities 2022: $82,528Net Assets 2022: $319,2382022Assets 2023: $481,596Liabilities 2023: $79,251Net Assets 2023: $402,3452023Assets 2024: $550,618Liabilities 2024: $129,718Net Assets 2024: $420,9002024

Highlighted filing

2024

Assets$550,618
Liabilities$129,718
Net Assets$420,900

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $474,237Expenses 2011: $489,844Net Income 2011: -$15,6072011Revenue 2012: $522,491Expenses 2012: $538,174Net Income 2012: -$15,6832012Revenue 2013: $554,421Expenses 2013: $571,465Net Income 2013: -$17,0442013Revenue 2014: $631,118Expenses 2014: $662,994Net Income 2014: -$31,8762014Revenue 2015: $644,032Expenses 2015: $659,622Net Income 2015: -$15,5902015Revenue 2016: $699,101Expenses 2016: $692,525Net Income 2016: $6,5762016Revenue 2017: $678,734Expenses 2017: $698,471Net Income 2017: -$19,7372017Revenue 2018: $675,521Expenses 2018: $607,995Net Income 2018: $67,5262018Revenue 2019: $594,841Expenses 2019: $442,115Net Income 2019: $152,7262019Revenue 2020: $377,342Expenses 2020: $383,945Net Income 2020: -$6,6032020Revenue 2021: $403,091Expenses 2021: $334,335Net Income 2021: $68,7562021Revenue 2022: $427,989Expenses 2022: $488,971Net Income 2022: -$60,9822022Revenue 2023: $807,568Expenses 2023: $726,648Net Income 2023: $80,9202023Revenue 2024: $1,029,054Expenses 2024: $1,011,282Net Income 2024: $17,7722024

Highlighted filing

2024

Revenue$1,029,054
Expenses$1,011,282
Net Income$17,772

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.13$0.42$1.03$1.01$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.48$0.08$0.40$0.81$0.73$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.40$0.08$0.32$0.43$0.49$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.44$0.06$0.38$0.40$0.33$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.37$0.06$0.30$0.38$0.38$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.07$0.31$0.59$0.44$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.07$0.16$0.68$0.61$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.68$0.70$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.70$0.69$0.01
2015Summary only. Only limited summary data is available for this year.$0.18$0.01$0.17$0.64$0.66$0.02
2014Summary only. Only limited summary data is available for this year.$0.20$0.01$0.19$0.63$0.66$0.03
2013Summary only. Only limited summary data is available for this year.$0.26$0.05$0.20$0.55$0.57$0.02
2012Summary only. Only limited summary data is available for this year.$0.23$0.01$0.22$0.52$0.54$0.02
2011Summary only. Only limited summary data is available for this year.$0.25$0.02$0.24$0.47$0.49$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 10, 2025
Return Version
2023v6.0
Gross Receipts
$1,507,532
Mission and Program Overview

Mission

To promote the civic, commercial, agricultural, tourist, marine and industrial welfare of the city of newport, oregon and surrounding communities and economic area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$305,912$223,120▼ $82,792
Land, Buildings, and Equipment, Net$29,558$170,096▲ $140,538
Savings and Temporary Cash Investments$98,494$101,427▲ $2,933
Prepaid Expenses and Deferred Charges$5,591$25,941▲ $20,350
Investments in Publicly Traded Securities$22,752$23,535▲ $783
Accounts Receivable$19,289$6,499▼ $12,790
Total Assets$481,596$550,618▲ $69,022
Liabilities
Deferred Revenue$45,010$74,848▲ $29,838
Accounts Payable and Accrued Expenses$34,241$54,870▲ $20,629
Total Liabilities$79,251$129,718▲ $50,467
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$402,345$420,900▲ $18,555
Total Net Assets Fund Balance$402,345$420,900▲ $18,555
Total Liabilities and Net Assets / Fund Balance$481,596$550,618▲ $69,022

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$148,725$32,848$181,573
Leasehold Improvements$21,371$33,041$54,412
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Wayne PattersonExecutive DiFT$54,797$54,797

Board Members and Trustees

NameTitle
Melony HeimPresident
Dana OrrDirector
Donna MccreaDirector
Jessica SteenkolkDirector
Laura KimberlyDirector
Lisa KellenburgerDirector
Patti EislerDirector
Paula BloemendaalDirector
Rebecah LutzDirector
Shelly ThompsonDirector
Paul Schuytema1st Vice Pre
Al FitzpatrickPast Pres at
Kenneth BishopPast Preside
Mark MirandaSecretary
Steve LovasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$821,524
Program Service Revenue
$35,862
Investment Income
$2,933
Other Revenue
$168,735
All Other Contributions
$14,000
Change in Net Assets
$17,772

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,029,054
Revenue Not Reported on Form 990
$27,279
Total Revenue per Audited Statements
$1,056,333
Total Revenue per Form 990
$1,029,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$652,838
Salaries, Compensation, and Employee Benefits$358,444
Total Fundraising Expense$140,852
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$335,231--$335,231
Other Salaries and Wages$125,154$26,736$81,149$233,039
All Other Expenses$49,586$14,034$15,893$79,513
Current Officers, Directors, Trustees, and Key Employees$27,399$16,439$10,959$54,797
Other Employee Benefits$21,926$6,205$13,237$41,368
Occupancy$21,975$13,377$367$35,719
Payroll Taxes$12,937$3,662$7,811$24,410
Fees for Services Accounting-$19,314-$19,314
Other Expenses$13,928$40,631$5,221$19,149
Insurance$10,825$3,093$1,610$15,528
Office Expenses$4,871$4,051$1,349$10,271
Conferences and Meetings$8,275--$8,275
Travel$6,185$1,073-$7,258
Fees for Services Other$4,612$802$1,711$7,125
Depreciation Depletion$4,797$999-$5,796
Pension Plan Contributions$2,560$725$1,545$4,830
Total Functional Expenses$719,289$151,141$140,852$1,011,282

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,037,778
Expenses per Audited Statements$1,011,282
Total Expenses per Form 990$1,011,282
Expenses Not Reported on Form 990$26,496
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$647,213
Fundraising Direct Expenses$478,478
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Seafood & Wine$622,518$622,518$102,181$520,337
Spring Event$18,676$18,676$11,227$7,449
Total Events$646,763$646,763$478,428$168,335
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

MEMBERS

Form 990, Page 6, Part VI, Line 7A

MEMBERS

Form 990, Page 6, Part VI, Line 7B

MEMBERS

Form 990, Page 6, Part VI, Line 11B

The executive director reviews the form 990 after it is received from the outside accountant. The treasurer and executive committee are notified that it has been filed and is available for their review.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest is discussed at regular board meetings. Directors are responsible for reporting violations on the honor system.

Form 990, Page 6, Part VI, Line 15A

The executive director and the finance committee prepare the annual budget including employee compensation. The executive director's salary is determined by the executive committee based on the recommendations of the treasurer and the finance committee.

Form 990, Page 6, Part VI, Line 15B

SEE ABOVE

Form 990, Page 6, Part VI, Line 19

Governing documents, policies and financial statements are made available to members only upon written request. A fee is charged. Form 990s can be found at guidestar.org.

Filing and Contact Details

Filer

Filer Name
Greater Newport Chamber of Commerce
EIN
93-0350614
Phone
5412658801
Address
555 SW COAST HIGHWAY, NEWPORT, OR 97365

Signing Officer

Name
Wayne Patterson
Title
Executive Director
Phone
5412658801
Signed
2025-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melony Heim
Formed
1948
Legal Domicile
Or
Voting Board Members
15
Independent Board Members
15
Employees
9
Volunteers
312

Preparer

Firm
Grimstad & Associates
Address
PO BOX 1930, NEWPORT, OR 97365
Preparer
Signe Grimstad
Phone
5412655411
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4B

Tourism promotes the city of newport and the surrounding community as a tourist destination by providing informational resources to area visitors on where to eat, where to stay, what to do, sights to see, maps, scheduled events, a regularly updated website and social media, and a visitor center, all in an effort to give enjoyment, entertainment, and reasons for visitors to return to the newport area. This program is funded primarily through a grant from the city of newport consisting of room tax receipts designated for reinvestment, and operates under the direction of the city manager and city council in coordination with the destination newport committee to compliment the city's advertising program. The oregon tourism commission provided funds to gncc to promote tourism to out-of-state and international audiences to visit the newport area of oregon. Regional alignment funds are also used to promote tourism to those living beyond oregon, as well as developing in-state tourism products and tourism businesses. Regional resource funds are used for gncc to develop a regional tourism strategy that outlines priority initiatives and reflects potential future activities in such areas as regional branding and marketing, increasing international visitors, improving or expanding product and business development, and improving visitor experiences in the region.

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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0TOURISM PROMOTES THE CITY OF NEWPORT AND THE SURROUNDING COMMUNITY AS A TOURIST DESTINATION BY PROVIDING INFORMATIONAL RESOURCES TO AREA VISITORS ON WHERE TO EAT, WHERE TO STAY, WHAT TO DO, SIGHTS TO SEE, MAPS, SCHEDULED EVENTS, A REGULARLY UPDATED WEBSITE AND SOCIAL MEDIA, AND A VISITOR CENTER, ALL IN AN EFFORT TO GIVE ENJOYMENT, ENTERTAINMENT, AND REASONS FOR VISITORS TO RETURN TO THE NEWPORT AREA. THIS PROGRAM IS FUNDED PRIMARILY THROUGH A GRANT FROM THE CITY OF NEWPORT CONSISTING OF ROOM TAX RECEIPTS DESIGNATED FOR REINVESTMENT, AND OPERATES UNDER THE DIRECTION OF THE CITY MANAGER AND CITY COUNCIL IN COORDINATION WITH THE DESTINATION NEWPORT COMMITTEE TO COMPLIMENT THE CITY'S ADVERTISING PROGRAM. THE OREGON TOURISM COMMISSION PROVIDED FUNDS TO GNCC TO PROMOTE TOURISM TO OUT-OF-STATE AND INTERNATIONAL AUDIENCES TO VISIT THE NEWPORT AREA OF OREGON. REGIONAL ALIGNMENT FUNDS ARE ALSO USED TO PROMOTE TOURISM TO THOSE LIVING BEYOND OREGON, AS WELL AS DEVELOPING IN-STATE TOURISM PRODUCTS AND TOURISM BUSINESSES. REGIONAL RESOURCE FUNDS ARE USED FOR GNCC TO DEVELOP A REGIONAL TOURISM STRATEGY THAT OUTLINES PRIORITY INITIATIVES AND REFLECTS POTENTIAL FUTURE ACTIVITIES IN SUCH AREAS AS REGIONAL BRANDING AND MARKETING, INCREASING INTERNATIONAL VISITORS, IMPROVING OR EXPANDING PRODUCT AND BUSINESS DEVELOPMENT, AND IMPROVING VISITOR EXPERIENCES IN THE REGION.
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