Webster Area Chamber of Commerce

EIN: 460284276

Webster, SD

Total Revenue
$179,099
Total Expenses
$62,572
Total Assets
$148,006
Net Assets
$148,006
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
SD
Phone
6053454668
Tax Period
2024-01-01 to 2024-12-31

Webster Area Chamber of Commerce, founded in 1957, is a small nonprofit that reported $179K in total revenue in fiscal year 2024. The organization ran a surplus of $117K, a strong 65% operating margin.

Mission

Promotion of the businesses in Webster, SD.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $136,183
Program Service Revenue $32,450
Investment Income $398
Other Revenue $10,068
TOTAL REVENUE $179,099

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,760
Fundraising Expenses $0
Program Expenses $38,008
Other Expenses $55,812
TOTAL EXPENSES $62,572

Year-over-Year Comparison

2024 2023 Change
Revenue $179,099 N/A N/A
Expenses $62,572 N/A N/A
Net Income $116,527 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kelsey Kading Director 2.00
Director
$0 $0 $0
Amy Fischer Director 2.00
Director
$0 $0 $0
Lindsey Koenig Director 2.00
Director
$0 $0 $0
Kelly Brandlee Director 2.00
Director
$0 $0 $0
Bailey Meyer Director 2.00
Director
$0 $0 $0
Alisha LaCourse Vice President 2.00
Officer
$0 $0 $0
Tammy Eidahl Secretary 2.00
Officer
$0 $0 $0
Lindsey Olson Treasurer 2.00
Officer
$0 $0 $0
Katy Marx President 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $179,099 $62,572 $148,006 $116,527
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