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Nonprofit · EIN 59-1026434

GREATER LAKE PLACID CHAMBER OF COMMERCE

Tax-exempt · LAKE PLACID, FL 33852

Financials

$173K$158K2023
Revenue Expenses · by fiscal year end
Financials of GREATER LAKE PLACID CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2024990$173,471$158,375$15,096$263,267$7,862$255,405
Financial details: 990 for the year ended August 31, 2024

Revenue

Contributions, gifts and grants
$47,407
Membership dues
$45,250
Program service revenue
$19,994
Investment income
$4,785
Net rental income
$9,480
Net income from fundraising events
$91,673
Other revenue
$101,285

Expenses

Grants and similar amounts paid
$3,200
Compensation of officers, directors and key employees
$44,675
Other salaries and wages
$25,393
Salaries, compensation and benefits (total)
$76,852
Professional fundraising fees
$0
Travel
$470
Depreciation
$2,923
Program services (functional)
$133,211
Management and general (functional)
$25,163

Balance sheet and other

Total assets, start of year
$248,696
Total assets, end of year
$263,267
Total liabilities, end of year
$7,862
Net assets, end of year
$255,405
Land, buildings and equipment
$77,310
Gross receipts
$240,024
Employees
2
Volunteers
2
Year formed
1989
State of legal domicile
FL

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 August 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JENNIFER BUSHEXECUTIVE DIRECTOR
Trustee or director, Officer
40$44,675
BILL BRANTLEY1st VICE PRESIDENT
Officer
0$0
Donald ClarkePAST-PRESIDENT
Officer
0$0
KIM MILLERTREASURER
Officer
0$0
CURTIS SLADESECRETARY
Officer
0$0
VICKI SPIRESPRESIDENT
Officer
0$0
Gilbert RandallVICE PRESIDENT
Officer
0$0

Address and contacts

Address (IRS master file)
18 N OAK AVE, LAKE PLACID, FL 33852-9546
Principal officer (990 for 2023)
JENNIFER BUSH, 18 N OAK AVE, LAKE PLACID, FL 33852
Signed the 990
JENNIFER BUSH, EXECUTIVE DIRECTOR
Phone
(863) 465-4331
Return prepared by
MECPA LLC

Mission

TO PROMOTE THE COMMUNITY THROUGH ITS BUSINESS AND ACTIVITIES

990 for the year ended August 31, 2024

Program accomplishments

  • THIS ORGANIZATION PROMOTES THE COMMUNITY THROUGH THE PUBLICATION OF A MONTHLY NEWS LETTER
  • A MONTHLY MEETING IS PROVIDED TO GIVE BUSINESSES THE VENUE TO PROMOTE THEIR ACTIVITIES AND ADVERTISE THEIR SERVICES ON AN INDIVIDUAL BASIS. AN ANNUAL BANQUET AND A PROFESSIONAL LUNCHEON REWARDING AND RECOGNIZING THE OUTSTANDING CONTRIBUTIONS TO THE COMMUNITY BY INDIVIDUALS AND BUSINESSES ARE GIVEN.
  • THIS ORGANIZATION PROMOTES THE COMMUNITY EVENTS AND LOCAL BUSINESSES THROUGH ADVERTISEMENTS ON ITS WEBSITE AND THROUGH SPONSORSHIPS.

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026Not on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
59-1026434
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1979
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$263,267
Income (IRS master file)
$240,024

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2024$173,471$158,375$263,267XML
990August 2022$199,696$163,860$251,058IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 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 59-1026434).

Questions about GREATER LAKE PLACID CHAMBER OF COMMERCE

What is the EIN of GREATER LAKE PLACID CHAMBER OF COMMERCE?
The employer identification number (EIN) of GREATER LAKE PLACID CHAMBER OF COMMERCE is 59-1026434.
Is GREATER LAKE PLACID CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1979.
Are donations to GREATER LAKE PLACID CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GREATER LAKE PLACID 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 GREATER LAKE PLACID CHAMBER OF COMMERCE due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREATER LAKE PLACID CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2024.
Who is the principal officer of GREATER LAKE PLACID CHAMBER OF COMMERCE?
The 990 for the year ended August 31, 2024 names JENNIFER BUSH.
Who are the officers and directors of GREATER LAKE PLACID CHAMBER OF COMMERCE?
The 990 for the year ended August 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $44,675 (JENNIFER BUSH, EXECUTIVE DIRECTOR).
How much revenue does GREATER LAKE PLACID CHAMBER OF COMMERCE have?
On its 990 for the year ended August 31, 2024 it reported revenue of $173,471, expenses of $158,375 and total assets of $263,267 at year end.

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