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Nonprofit · EIN 42-0883748

MAQUOKETA AREA CHAMBER OF COMMERCE

Tax-exempt · MAQUOKETA, IA 52060

Financials

$137K$108K2023$111K$119K2024
Revenue Expenses · by fiscal year end
Financials of MAQUOKETA AREA CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$111,448$119,428-$7,980$226,610$32,395$194,215
December 31, 2023990$136,811$108,423$28,388$235,025$32,832$202,193
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$76,644
of which government grants
$395
Membership dues
$56,007
Program service revenue
$1,017
Investment income
$4,129
Net income from fundraising events
$29,658
Other revenue
$29,658

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$74,599
Salaries, compensation and benefits (total)
$80,704
Professional fundraising fees
$0
Accounting fees
$4,015
Occupancy
$9,013
Travel
$1,980
Depreciation
$580
Program services (functional)
$119,428

Balance sheet and other

Total assets, start of year
$235,025
Total assets, end of year
$226,610
Total liabilities, end of year
$32,395
Net assets, end of year
$194,215
Land, buildings and equipment
$319
Net assets without donor restrictions
$194,215
Gross receipts
$135,314
Employees
3
Volunteers
11
Year formed
1942
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
ERIN MCCAULLEYEXECUTIVE DI
Officer
40$50,000
JOSH BUSHDIRECTOR
Trustee or director
1$0
SALLY DAVIESDIRECTOR
Trustee or director
1$0
PETER HOFFDIRECTOR
Trustee or director
1$0
SANDRA KLOOSDIRECTOR
Trustee or director
1$0
TARA NOTZDIRECTOR
Trustee or director
1$0
ASHLEY PRULLDIRECTOR
Trustee or director
1$0
CHRIS SCHAEFERVICE PRESIDE
Trustee or director, Officer
2$0
KATHY SEYFERTTREASURER
Trustee or director, Officer
2$0
MEGAN SIMMONSPRESIDENT
Trustee or director, Officer
2$0
DEB SWANSONDIRECTOR
Trustee or director
1$0
RACHELLE ZEIMETSECRETARY
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
DANIELLE AMBROSYTREASURER
Trustee or director, Officer
2$0
TIM COTTLEPRESIDENT
Trustee or director, Officer
2$0
PETER HOFFDIRECTOR
Trustee or director
1$0
ANGIE PETIT LICHTERDIRECTOR
Trustee or director
1$0
TARA NOTZDIRECTOR
Trustee or director
1$0
CHRIS SCHAEFERDIRECTOR
Trustee or director
2$0
MEGAN SIMMONSVICE PRESIDE
Trustee or director, Officer
2$0
DEB SWANSONDIRECTOR
Trustee or director
1$0
TRACY THEDEDIRECTOR
Trustee or director
1$0
RACHELLE ZEIMETSECRETARY
Trustee or director, Officer
2$0
ERIN MCCAULLEYEXECUTIVE DI
Officer
40$0

Address and contacts

Address (IRS master file)
124 S MAIN ST STE 2, MAQUOKETA, IA 52060-3072
In care of
% MSB ACCOUNTING SERVICE
Principal officer (990 for 2024)
MEGAN SIMMONS, 124 S MAIN ST SUITE 2, MAQUOKETA, IA 52060
Signed the 990
MEGAN SIMMONS, PRESIDENT
Phone
(563) 652-4602
Return prepared by
GARMAN & MEADE CPA PC

Mission

THE CHAMBER WILL SUPPORT AND STRENGTHEN MEMBER SUCCESS, WHICH ENHANCES THE QUALITY OF LIFE, ECONOMIC WELL-BEING AND OPPORTUNITIES IN THE COMMUNITY WE SERVE.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY GROWTH AND ECONOMIC SECURITY
    Expenses $119,428 · revenue $1,017

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

IRS record

EIN
42-0883748
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$226,610
Income (IRS master file)
$135,314

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$111,448$119,428$226,610IRS
990December 2023$136,811$108,423$235,025XML
990December 2022$116,746$103,636$215,389IRS
990December 2021–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 42-0883748).

Questions about MAQUOKETA AREA CHAMBER OF COMMERCE

What is the EIN of MAQUOKETA AREA CHAMBER OF COMMERCE?
The employer identification number (EIN) of MAQUOKETA AREA CHAMBER OF COMMERCE is 42-0883748.
Is MAQUOKETA AREA CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1979.
Are donations to MAQUOKETA AREA CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MAQUOKETA 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 MAQUOKETA 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 MAQUOKETA 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 MAQUOKETA AREA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names MEGAN SIMMONS.
Who are the officers and directors of MAQUOKETA AREA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $50,000 (ERIN MCCAULLEY, EXECUTIVE DI).
How much revenue does MAQUOKETA AREA CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $111,448, expenses of $119,428 and total assets of $226,610 at year end.

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