Nonprofit · EIN 61-0902537
BEREA CHAMBER OF COMMERCE
Tax-exempt · BEREA, KY 40403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $224,678 | $237,957 | -$13,279 | $146,270 | $854 | $145,416 |
| December 31, 2024 | 990 | $160,351 | $189,514 | -$29,163 | $158,695 | $0 | $158,695 |
| December 31, 2023 | 990 | $205,468 | $158,644 | $46,824 | $187,858 | $0 | $187,858 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $40,895
- Membership dues
- $40,895
- Program service revenue
- $183,211
- Investment income
- $572
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,226
- Occupancy
- $5,901
- Travel
- $992
- Depreciation
- $321
Balance sheet and other
- Total assets, start of year
- $158,695
- Total assets, end of year
- $146,270
- Total liabilities, end of year
- $854
- Net assets, end of year
- $145,416
- Land, buildings and equipment
- $161
- Net assets without donor restrictions
- $145,416
- Gross receipts
- $224,678
- Employees
- 1
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 |
|---|---|---|---|
| STEPHANIE ANGLIN | SECRETARY Trustee or director, Officer | 1 | $0 |
| ETHAN LAKE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| GREG POWELL | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| KIM RICHARDS | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| SHELLEY WOLFE | TREASURER Trustee or director, Officer | 1 | $0 |
| DONNA ANGEL | OFFICER Officer | 1 | $0 |
| DALE BALLINGER | OFFICER Officer | 1 | $0 |
| TREY BOGGS | OFFICER Officer | 1 | $0 |
| JACOB CARTER | OFFICER Officer | 1 | $0 |
| FALLON CHAMBERS | OFFICER Officer | 1 | $0 |
| ABBYE CROWE | OFFICER Officer | 1 | $0 |
| KATE FRANKLIN | OFFICER Officer | 1 | $0 |
| DR DIANE HATCHETT | OFFICER Officer | 1 | $0 |
| DANNY MILLER | OFFICER Officer | 1 | $0 |
| RANDY NEELEY | OFFICER Officer | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHASE RIDDLE | OFFICER Officer | 1 | $0 |
| VELMA TOOD | OFFICER Officer | 1 | $0 |
| TIM WHITE | OFFICER Officer | 1 | $0 |
990 for the year ended December 31, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN HOBBS | SECRETARY Trustee or director, Officer | 1 | $0 |
| KRISTY NAPIER | TREASURER Trustee or director, Officer | 1 | $0 |
| GREG POWELL | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| DEVIN RAMSEY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DONNA ANGEL | OFFICER Officer | 1 | $0 |
| STEPHANIE ANGLIN | OFFICER Officer | 1 | $0 |
| DALE BALLINGER | OFFICER Officer | 1 | $0 |
| TREY BOGGS | OFFICER Officer | 1 | $0 |
| JACOB CARTER | OFFICER Officer | 1 | $0 |
| KATE FRANKLIN | OFFICER Officer | 1 | $0 |
| CHRIS GILBERT | OFFICER Officer | 1 | $0 |
| DAVID GILLIAM | OFFICER Officer | 1 | $0 |
| DIANE HATCHETT | OFFICER Officer | 1 | $0 |
| ETHAN LAKE | OFFICER Officer | 1 | $0 |
| KIM RICHARDS | OFFICER Officer | 1 | $0 |
| CHASE RIDDLE | OFFICER Officer | 1 | $0 |
| VERNA TODD | OFFICER Officer | 1 | $0 |
| SHELLEY WOLFE | OFFICER Officer | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN HOBBS | SECRETARY Trustee or director, Officer | 4 | $0 |
| KRISTY NAPIER | TREASURER Trustee or director, Officer | 4 | $0 |
| GREG POWELL | VICE PRESIDE Trustee or director, Officer | 4 | $0 |
| DEVIN RAMSEY | PRESIDENT Trustee or director, Officer | 4 | $0 |
| STEPHANIE ANGLIN | OFFICER Officer | 1 | $0 |
| DALE BALLINGER | OFFICER Officer | 1 | $0 |
| TREY BOGGS | OFFICER Officer | 1 | $0 |
| KATE FRANKLIN | OFFICER Officer | 1 | $0 |
| DAVID GILLIAM | OFFICER Officer | 1 | $0 |
| DIANE HATCHETT | OFFICER Officer | 1 | $0 |
| ETHAN LAKE | OFFICER Officer | 1 | $0 |
| KAREN LINVILLE | OFFICER Officer | 1 | $0 |
| DANNY MILLER | OFFICER Officer | 1 | $0 |
| KIM RICHARDS | OFFICER Officer | 1 | $0 |
| CHASE RIDDLE | OFFICER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 304A CHESTNUT ST SUITE 1, BEREA, KY 40403-0000
- Principal officer (990 for 2025)
- ETHAN LAKE, 419 CHESTNUT STREET, BEREA, KY 40403
- Signed the 990
- ETHAN LAKE, PRESIDENT
- Phone
- (859) 986-9760
- Website
- WWW.BEREACHAMBER.COM
- Return prepared by
- SK LEE CPAS PSC
Mission
ORGANIZATION EXISTS TO BENEFIT MEMBERS THROUGH EDUCATION, DEVELOPMENT AND SUPPORT OF THE ECONOMIC DEVELOPMENT OF THE GENERAL MEMBERSHIP'S COMMUNITY.
Program accomplishments
- GENERALLY MEMBERSHIP MEETINGS, WHICH ARE OFTEN SPONSORED BY A MEMBER ARE HELD TO ENCORUARGE KNOWLEDGE OF LOCAL BUSINESSES TO OTHERS. NEW MEMBERS WILL ADDRESS THE MEMBERSHIP TO ADVISE OTHER MEMBERS OF THIER BUSINESS. OCCASSIONALLY, A QUEST SPEAKER WILL SPEAK TO UPDATE THE MEMBERSHIP ON LOCAL COMMUNITY EVENTS AND POTENTIAL CHANGES THAT MIGHT EFFECT THE MEMBERSHIP. OTHER MEETINGS WILL INCLUDE THE MAYOURS ANNUAL STATE OF THE CITY ADDRESS, AND EVENTS SUCH AS THE SPOONBREAD FESTIVAL.
- WILL ADDRESS THE MEMBERSHIP TO ADVISE OTHER MEMBERS OF THIER BUSINESS.
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
- 61-0902537
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $146,270
- Income (IRS master file)
- $224,678
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $224,678 | $237,957 | $146,270 | XML |
| 990 | December 2024 | $160,351 | $189,514 | $158,695 | XML |
| 990 | December 2023 | $205,468 | $158,644 | $187,858 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 61-0902537).
Questions about BEREA CHAMBER OF COMMERCE
- What is the EIN of BEREA CHAMBER OF COMMERCE?
- The employer identification number (EIN) of BEREA CHAMBER OF COMMERCE is 61-0902537.
- Is BEREA CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1999.
- Which annual return does BEREA 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 BEREA CHAMBER OF COMMERCE 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 BEREA CHAMBER OF COMMERCE 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 BEREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 names ETHAN LAKE.
- Who are the officers and directors of BEREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 lists 18 people; 0 received compensation from the organization.
- How much revenue does BEREA CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $224,678, expenses of $237,957 and total assets of $146,270 at year end.
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