Nonprofit · EIN 42-0645370
DECORAH AREA CHAMBER OF COMMERCE
Tax-exempt · DECORAH, IA 52101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $425,118 | $404,521 | $20,597 | $501,478 | $270,005 | $231,473 |
| December 31, 2023 | 990 | $463,688 | $424,246 | $39,442 | $489,019 | $278,143 | $210,876 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $140,033
- of which government grants
- $130,848
- Program service revenue
- $150,524
- Investment income
- $5,235
- Net rental income
- $6,216
- Net income from fundraising events
- $47,554
- Other revenue
- $129,326
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $99,527
- Other salaries and wages
- $34,744
- Salaries, compensation and benefits (total)
- $143,802
- Professional fundraising fees
- $0
- Accounting fees
- $4,393
- Occupancy
- $7,879
- Depreciation
- $8,122
- Program services (functional)
- $115,264
- Management and general (functional)
- $286,862
- Fundraising (functional)
- $2,395
Balance sheet and other
- Total assets, start of year
- $489,019
- Total assets, end of year
- $501,478
- Total liabilities, end of year
- $270,005
- Net assets, end of year
- $231,473
- Land, buildings and equipment
- $162,306
- Net assets without donor restrictions
- $149,031
- Net assets with donor restrictions
- $82,442
- Gross receipts
- $465,101
- Employees
- 6
- Volunteers
- 75
- Year formed
- 1947
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSICA RILLING | EXECUTIVE DI Officer | 40 | $63,000 |
| AMANDA STREEPER | DIRECTOR OPE Officer | 40 | $36,527 |
| KIM BONNET | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT CLAY | DIRECTOR Trustee or director | 1 | $0 |
| BLAKE COURTNEY | DIRECTOR Trustee or director | 1 | $0 |
| TIM CRONIN | DIRECTOR Trustee or director | 1 | $0 |
| ERIN POWERS DALY | DIRECTOR Trustee or director | 1 | $0 |
| CINDY GOODNER | DIRECTOR Trustee or director | 1 | $0 |
| JANA EVELSIZER OLSON | DIRECTOR Trustee or director | 1 | $0 |
| KIRSTEN OLSON | DIRECTOR Trustee or director | 1 | $0 |
| AL SHINDELAR | DIRECTOR Trustee or director | 1 | $0 |
| STEVE SLESSOR | DIRECTOR Trustee or director | 1 | $0 |
| DIANE KRENTZ | VICE PRESIDE Officer | 1 | $0 |
| LISA LANTZ | PRESIDENT Officer | 1 | $0 |
| RUSSELL SCHOUWEILER | TREASURER Officer | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARA THOMAS | PAST PRESIDE Officer | – | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSICA RILLING | EXECUTIVE DI Officer | 40 | $63,000 |
| AMANDA STREEPER | DIRECTOR OPE Officer | 40 | $44,584 |
| KIM BONNET | DIRECTOR Trustee or director | 1 | $0 |
| LAURIE BULMAN | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT CLAY | DIRECTOR Trustee or director | 1 | $0 |
| BLAKE COURTNEY | DIRECTOR Trustee or director | 1 | $0 |
| TIM CRONIN | DIRECTOR Trustee or director | 1 | $0 |
| BEN KROUSE GAGNE | DIRECTOR Trustee or director | 1 | $0 |
| DIANE KRENTZ | DIRECTOR Trustee or director | 1 | $0 |
| LISA LANTZ | DIRECTOR Trustee or director | 1 | $0 |
| NICOLE LEMKE | DIRECTOR Trustee or director | 1 | $0 |
| JANA EVELSIZER OLSON | DIRECTOR Trustee or director | 1 | $0 |
| KIRSTEN OLSON | DIRECTOR Trustee or director | 1 | $0 |
| AL SHINDELAR | DIRECTOR Trustee or director | 1 | $0 |
| CINDY GOODNER | VICE PRESIDE Officer | 1 | $0 |
| RUSSELL SCHOUWEILER | TREASURER Officer | 1 | $0 |
| SARA THOMAS | PRESIDENT Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 507 W WATER ST, DECORAH, IA 52101-1733
- Principal officer (990 for 2024)
- LISA LANTZ, 507 W WATER STREET, DECORAH, IA 52101
- Signed the 990
- RUSSELL SCHOUWEILER, TREASURER
- Phone
- (563) 382-3990
- Website
- WWW.DECORAHAREACHAMBER.COM
- Return prepared by
- HACKER NELSON & CO PC
Mission
PROMOTING SPECIFIC COMMERICAL AND INDUSTRIAL PROGRESS OF COMMUNITY AND SURROUNDING AREA.
Program accomplishments
- TEMPORARILY RESTRICTED FUNDS - PROMOTE DEVELOPMENT AND TOURISM IN THE DECORAH COMMUNITY.Expenses $115,264 · revenue $113,348
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 | Not 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
- 42-0645370
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $501,478
- Income (IRS master file)
- $465,101
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $425,118 | $404,521 | $501,478 | XML |
| 990 | December 2023 | $463,688 | $424,246 | $489,019 | XML |
| 990 | December 2022 | $386,850 | $432,330 | $472,092 | 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 42-0645370).
Questions about DECORAH AREA CHAMBER OF COMMERCE
- What is the EIN of DECORAH AREA CHAMBER OF COMMERCE?
- The employer identification number (EIN) of DECORAH AREA CHAMBER OF COMMERCE is 42-0645370.
- Is DECORAH AREA CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1985.
- Are donations to DECORAH AREA CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DECORAH AREA 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 DECORAH AREA 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 DECORAH AREA 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 DECORAH AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names LISA LANTZ.
- Who are the officers and directors of DECORAH AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $63,000 (JESSICA RILLING, EXECUTIVE DI).
- How much revenue does DECORAH AREA CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $425,118, expenses of $404,521 and total assets of $501,478 at year end.
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