Nonprofit · EIN 59-1159710
CHAMBER OF COMMERCE
Also known as LONGBOAT KEY
Tax-exempt · LONGBOAT KEY, FL 34228
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $213,620 | $301,154 | -$87,534 | $202,946 | $1,972 | $200,974 |
| December 31, 2023 | 990 | $247,966 | $223,614 | $24,352 | $290,480 | $14,314 | $276,166 |
| December 31, 2022 | 990 | $215,535 | $225,578 | -$10,043 | $266,148 | $4,148 | $262,000 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $185,233
- Investment income
- $4,480
- Royalties
- $6,500
- Net income from fundraising events
- $18,170
- Net income from sales of inventory
- -$1,095
- Other revenue
- $23,907
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $76,115
- Other salaries and wages
- $79,356
- Salaries, compensation and benefits (total)
- $167,225
- Professional fundraising fees
- $0
- Accounting fees
- $11,250
- Occupancy
- $33,572
- Depreciation
- $623
Balance sheet and other
- Total assets, start of year
- $290,480
- Total assets, end of year
- $202,946
- Total liabilities, end of year
- $1,972
- Net assets, end of year
- $200,974
- Land, buildings and equipment
- $2,308
- Gross receipts
- $242,435
- Employees
- 3
- Volunteers
- 50
- Year formed
- 1983
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY VERREAULT | PRESIDENT Officer | 40 | $76,115 |
| CELIA MOOORE | DIRECTOR Trustee or director | 1 | $0 |
| JERRY SMITH | DIRECTOR Trustee or director | 1 | $0 |
| DEANNA MESHGHALI | DIRECTOR Trustee or director | 1 | $0 |
| MARK MEADOR | DIRECTOR Trustee or director | 1 | $0 |
| ERIN MACE | DIRECTOR Trustee or director | 1 | $0 |
| TIM WIRT | DIRECTOR Trustee or director | 1 | $0 |
| TESS SCALISE | DIRECTOR Trustee or director | 1 | $0 |
| MICHALE VEJINS | DIRECTOR Trustee or director | 1 | $0 |
| MIKE SIEGEL | DIRECTOR Trustee or director | 1 | $0 |
| ASHLEY WATTS | DIRECTOR Trustee or director | 1 | $0 |
| EVAN BARNISKIS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DARIN CALDWELL | CHAIRMAN ELECT Trustee or director, Officer | 1 | $0 |
| DIANE LOPEZ | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAIL LOEFGREN THROUGH 1132024 | PRESIDENT/SECRETARY Officer | 40 | $56,702 |
| KIMBERLY VERREAULT BEGIN 10172024 | PRESIDENT/SECRETARY Officer | 40 | $14,192 |
| DARRIN CALDWELL | DIRECTOR Trustee or director | 1 | $0 |
| SHARON GOULD | DIRECTOR Trustee or director | 1 | $0 |
| REVA JACKSON | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL VEJINS | DIRECTOR Trustee or director | 1 | $0 |
| ELLEN WALTHER | DIRECTOR Trustee or director | 1 | $0 |
| TIM WIRT | DIRECTOR Trustee or director | 1 | $0 |
| DEANNA MESHGHALI | DIRECTOR Trustee or director | 1 | $0 |
| MIKE SIEGAL | DIRECTOR Trustee or director | 1 | $0 |
| ASHLEY WATTS | DIRECTOR Trustee or director | 1 | $0 |
| EVAN BARNISKIS | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| WILLIE MCLAUGHLIN | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 |
| DIANE LOPEZ | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2022: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAIL LOEFGREN | PRESIDENT/SECRETARY Officer | 40 | $59,080 |
| DARRIN CALDWELL | DIRECTOR Trustee or director | 1 | $0 |
| SHARON GOULD | DIRECTOR Trustee or director | 1 | $0 |
| REVA JACKSON | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL VEJINS | DIRECTOR Trustee or director | 1 | $0 |
| ELLEN WALTHER | DIRECTOR Trustee or director | 1 | $0 |
| TIM WIRT | DIRECTOR Trustee or director | 1 | $0 |
| EVAN BARNISKIS | CHAIRMAN Trustee or director | 1 | $0 |
| WILLIE MCLAUGHLIN | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 |
| DIANE LOPEZ | TREASURER Trustee or director, Officer | 1 | $0 |
| DEANNA MESHGHALI | DIRECTOR Trustee or director | 1 | $0 |
| MIKE SIEGAL | DIRECTOR Trustee or director | 1 | $0 |
| ASHLEY WATTS | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5390 GULF OF MEXICO DR STE 102, LONGBOAT KEY, FL 34228-2049
- Principal officer (990 for 2024)
- KIM VERREAULT, 5390 GULF OF MEXICO DRIVE 102, LONGBOAT KEY, FL 34228
- Signed the 990
- KIM VERREAULT, PRESIDENT/CEO
- Phone
- (941) 383-2466
- Website
- WWW.LONGBOATKEYCHAMBER.COM
- Return prepared by
- KERKERING BARBERIO & CO
Mission
TO PROMOTE AN ENVIRONMENT THAT ENHANCES BUSINESS OPPORTUNITIES FOR MEMBERS AND MAINTAINS LONGBOAT KEY, LIDO KEY AND ST. ARMANDS KEY AS PREMIER ISLAND COMMUNITIES.
Program accomplishments
- PROMOTES AN ENVIRONMENT WHICH WILL ENHANCE BUSINESS OPPORTUNITIES FOR THE APPROXIMATELY 350 MEMBERS OF THE CHAMBER BY PROVIDING NETWORKING EVENTS AND OTHER CONTACT TO MEMBERS AND OTHERS REQUESTING INFORMATION FROM THE CHAMBER.
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
- 59-1159710
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $202,946
- Income (IRS master file)
- $242,435
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $213,620 | $301,154 | $202,946 | XML |
| 990 | December 2023 | $247,966 | $223,614 | $290,480 | IRS |
| 990 | December 2022 | $215,535 | $225,578 | $266,148 | XML |
| 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 59-1159710).
Questions about CHAMBER OF COMMERCE
- What is the EIN of CHAMBER OF COMMERCE?
- The employer identification number (EIN) of CHAMBER OF COMMERCE is 59-1159710.
- Is CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1970.
- Are donations to CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does 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 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 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 CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names KIM VERREAULT.
- Who are the officers and directors of CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $76,115 (KIMBERLY VERREAULT, PRESIDENT).
- How much revenue does CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $213,620, expenses of $301,154 and total assets of $202,946 at year end.
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- STONE FOUNDATION INC EIN 47-5601594 · last filed 990-PF for 2025
- PURJES FOUNDATION EIN 13-7220937 · last filed 990-PF for 2025
- THE CHARLES & CHRISTINE SHIVERY FOUNDATION EIN 52-2274633 · last filed 990-PF for 2025
- THE@ALAN AND TERRI SPOON FAMILY FOUNDATION EIN 51-0433601 · last filed 990-PF for 2024
- ARNOLD SIMONSEN FAMILY CHARITABLE FOUNDATION INC EIN 26-1624741 · last filed 990-PF for 2025
- MIRNER FAMILY FOUNDATION EIN 47-7410894 · last filed 990-PF for 2025