Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 42-0178820

CHEROKEE CHAMBER OF COMMERCE

Tax-exempt · CHEROKEE, IA 51012

Financials

$84K$110K2023$90K$115K2024
Revenue Expenses · by fiscal year end
Financials of CHEROKEE CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$89,962$115,040-$25,078$173,744$1,970$171,774
December 31, 2023990$83,786$110,078-$26,292$199,203$2,351$196,852
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$56,975
Investment income
$4,682
Net income from fundraising events
$28,305
Other revenue
$28,305

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$60,668
Salaries, compensation and benefits (total)
$65,393
Professional fundraising fees
$0
Accounting fees
$10,137
Occupancy
$435
Travel
$156
Depreciation
$870
Management and general (functional)
$115,040

Balance sheet and other

Total assets, start of year
$199,203
Total assets, end of year
$173,744
Total liabilities, end of year
$1,970
Net assets, end of year
$171,774
Land, buildings and equipment
$2,177
Gross receipts
$171,429
Employees
2
Volunteers
100
Year formed
1923
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TIMOTHY HOFFMANPRESIDENT
Officer
–$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
TIMOTHY HOFFMANPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
201 W MAIN ST, CHEROKEE, IA 51012-1851
Principal officer (990 for 2024)
TIMOTHY HOFFMAN, CHEROKEE STATE BANK, CHEROKEE, IA 51012
Signed the 990
TIMOTHY HOFFMAN, PRESIDENT
Phone
(712) 225-6414
Return prepared by
BURKHARDT & DAWSON CPAS

Mission

PROMOTE POSITIVE GROWTH FOR THE ENHANCEMENT OF THE COMMUNITY

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTE POSITIVE GROWTH FOR THE ENHANCEMENT OF THE COMMUNITY

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-EZ for CHEROKEE CHAMBER OF COMMERCE

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
42-0178820
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1958
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$173,744
Income (IRS master file)
$171,429

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$89,962$115,040$173,744XML
990December 2023$83,786$110,078$199,203XML
990December 2022$110,640$195,387$225,122IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0178820).

Questions about CHEROKEE CHAMBER OF COMMERCE

What is the EIN of CHEROKEE CHAMBER OF COMMERCE?
The employer identification number (EIN) of CHEROKEE CHAMBER OF COMMERCE is 42-0178820.
Is CHEROKEE CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1958.
Are donations to CHEROKEE CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHEROKEE CHAMBER OF COMMERCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHEROKEE CHAMBER OF COMMERCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHEROKEE CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHEROKEE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names TIMOTHY HOFFMAN.
Who are the officers and directors of CHEROKEE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does CHEROKEE CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $89,962, expenses of $115,040 and total assets of $173,744 at year end.

Other nonprofits in CHEROKEE

All nonprofits in CHEROKEE · Iowa