Nonprofit · EIN 42-0631674
KNOXVILLE CHAMBER OF COMMERCE INC
Tax-exempt · KNOXVILLE, IA 50138
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $78,569 | $99,336 | -$20,767 | $116,033 | $0 | $116,033 |
| December 31, 2024 | 990 | $76,779 | $122,181 | -$45,402 | $147,390 | $10,590 | $136,800 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM BAKER | PRESIDENT EL Trustee or director, Officer | 1 | $0 |
| MEGAN BENNETT | EXECUTIVE DI Trustee or director | 40 | $0 |
| PERRY HAGER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ASHLEY KLINE | SECRETARY Trustee or director, Officer | 1 | $0 |
| JESS RAMAEKER | BOARD MEMBER Trustee or director | 1 | $0 |
| JASON REED | BOARD MEMBER Trustee or director | 1 | $0 |
| NATHAN SAGE | PAST EXEC DI Trustee or director | 40 | $0 |
| KATIE SHAWVER | BOARD MEMBER Trustee or director | 1 | $0 |
| HEATHER USSERY | CITY MANAGER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM BAKER | BOARD MEMBER Trustee or director | 1 | $0 |
| DOUGLAS GAY | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| PERRY HAGER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ASHLEY KLINE | SECRETARY Trustee or director, Officer | 1 | $0 |
| JESS RAMAEKER | BOARD MEMBER Trustee or director | 1 | $0 |
| JASON REED | BOARD MEMBER Trustee or director | 1 | $0 |
| NATHAN SAGE | EXECUTIVE DI Trustee or director | 40 | $0 |
| KATIE SHAWVER | BOARD MEMBER Trustee or director | 1 | $0 |
| HEATHER USSERY | CITY MANAGER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM BAKER | BOARD MEMBER Trustee or director | 1 | $0 |
| DOUGLAS GAY | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| PERRY HAGER | BOARD MEMBER Trustee or director | 1 | $0 |
| ASHLEY KLINE | BOARD MEMBER Trustee or director | 1 | $0 |
| ERIKA PLEGGENKUHLE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| TRACY RUSSELL | PAST PRESIDE Trustee or director, Officer | 1 | $0 |
| NATHAN SAGE | EXECUTIVE DI Trustee or director | 40 | $0 |
| KATIE SHAWVER | BOARD MEMBER Trustee or director | 1 | $0 |
| HEATHER USSERY | CITY 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
- Website
- HTTP://KNOXVILLE-IOWA.COM
- Return prepared by
- CROGHAN RUSSELL CPA PC
Mission
TO PROMOTE THE COMMUNITY OF KNOXVILLE, IOWA AND ITS AREA BUSINESSES
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $78,569 | $99,336 | $116,033 | XML |
| 990 | December 2024 | $76,779 | $122,181 | $147,390 | IRS |
| 990 | December 2023 | $68,761 | $47,330 | $209,551 | XML |
| 990 | December 2022 | $101,618 | $79,031 | $162,795 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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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- STEPPING STONES EARLY LEARNING CENTER INC EIN 71-0929147 · last filed 990 for 2025
- KNOXVILLE PRESERVATION FOUNDATION EIN 33-3491263 · last filed 990 for 2025
- KNOXVILLE COMMUNITY HOSPITAL INC EIN 42-1087612 · last filed 990 for 2025
- KFYI KNOXVILLE FOOD YOUTH INITIATIVE EIN 82-4568315 · last filed 990 for 2025
- KNOXVILLE PANTHER SCHOLARSHIP FOUNDATION EIN 90-0520215 · last filed 990 for 2023