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Nonprofit · EIN 42-0631674

KNOXVILLE CHAMBER OF COMMERCE INC

Tax-exempt · KNOXVILLE, IA 50138

Financials

$69K$47K2023$77K$122K2024$79K$99K2025
Revenue Expenses · by fiscal year end
Financials of KNOXVILLE CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$78,569$99,336-$20,767$116,033$0$116,033
December 31, 2024990$76,779$122,181-$45,402$147,390$10,590$136,800
December 31, 2023990$68,761$47,330$21,431$209,551$27,349$182,202
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$29,715
Membership dues
$29,715
Program service revenue
$47,623
Investment income
$1,231
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,600
Occupancy
$9,581
Depreciation
$596
Program services (functional)
$50,138
Management and general (functional)
$49,198

Balance sheet and other

Total assets, start of year
$147,390
Total assets, end of year
$116,033
Total liabilities, end of year
$0
Net assets, end of year
$116,033
Land, buildings and equipment
$2,742
Net assets without donor restrictions
$116,033
Gross receipts
$78,569
Employees
0
Volunteers
20
Year formed
1955
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
JIM BAKERPRESIDENT EL
Trustee or director, Officer
1$0
MEGAN BENNETTEXECUTIVE DI
Trustee or director
40$0
PERRY HAGERPRESIDENT
Trustee or director, Officer
1$0
ASHLEY KLINESECRETARY
Trustee or director, Officer
1$0
JESS RAMAEKERBOARD MEMBER
Trustee or director
1$0
JASON REEDBOARD MEMBER
Trustee or director
1$0
NATHAN SAGEPAST EXEC DI
Trustee or director
40$0
KATIE SHAWVERBOARD MEMBER
Trustee or director
1$0
HEATHER USSERYCITY MANAGER
Trustee or director
1$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
JIM BAKERBOARD MEMBER
Trustee or director
1$0
DOUGLAS GAYBOARD MEMBER
Trustee or director, Officer
1$0
PERRY HAGERPRESIDENT
Trustee or director, Officer
1$0
ASHLEY KLINESECRETARY
Trustee or director, Officer
1$0
JESS RAMAEKERBOARD MEMBER
Trustee or director
1$0
JASON REEDBOARD MEMBER
Trustee or director
1$0
NATHAN SAGEEXECUTIVE DI
Trustee or director
40$0
KATIE SHAWVERBOARD MEMBER
Trustee or director
1$0
HEATHER USSERYCITY MANAGER
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JIM BAKERBOARD MEMBER
Trustee or director
1$0
DOUGLAS GAYBOARD MEMBER
Trustee or director, Officer
1$0
PERRY HAGERBOARD MEMBER
Trustee or director
1$0
ASHLEY KLINEBOARD MEMBER
Trustee or director
1$0
ERIKA PLEGGENKUHLEPRESIDENT
Trustee or director, Officer
1$0
TRACY RUSSELLPAST PRESIDE
Trustee or director, Officer
1$0
NATHAN SAGEEXECUTIVE DI
Trustee or director
40$0
KATIE SHAWVERBOARD MEMBER
Trustee or director
1$0
HEATHER USSERYCITY MANAGER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
107 E MAIN ST, KNOXVILLE, IA 50138-2525
Principal officer (990 for 2025)
JIM BAKER, 107 E MAIN, KNOXVILLE, IA 50138
Signed the 990
MEGAN BENNETT, EXECUTIVE DIRECTOR
Phone
(641) 828-7555
Return prepared by
CROGHAN RUSSELL CPA PC

Mission

TO PROMOTE THE COMMUNITY OF KNOXVILLE, IOWA AND ITS AREA BUSINESSES

990 for the year ended December 31, 2025

Program accomplishments

  • PROMOTIONAL ACTIVITIES-ORGANIZES VARIOUS EVENTS IN KNOXVILLE AREA TO ATTRACT SHOPPERS AND NEW BUSINESS TO COMMUNITY; ASSIST LOCAL MERCHANTS TO IMPROVE VISIBILITY OF THEIR BUSINESSES;
    Expenses $50,138

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-0631674
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$116,033
Income (IRS master file)
$78,569

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$78,569$99,336$116,033XML
990December 2024$76,779$122,181$147,390IRS
990December 2023$68,761$47,330$209,551XML
990December 2022$101,618$79,031$162,795IRS
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 42-0631674).

Questions about KNOXVILLE CHAMBER OF COMMERCE INC

What is the EIN of KNOXVILLE CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of KNOXVILLE CHAMBER OF COMMERCE INC is 42-0631674.
Is KNOXVILLE CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1972.
Are donations to KNOXVILLE CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KNOXVILLE CHAMBER OF COMMERCE INC 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 KNOXVILLE CHAMBER OF COMMERCE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KNOXVILLE CHAMBER OF COMMERCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of KNOXVILLE CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2025 names JIM BAKER.
Who are the officers and directors of KNOXVILLE CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does KNOXVILLE CHAMBER OF COMMERCE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $78,569, expenses of $99,336 and total assets of $116,033 at year end.

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