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Nonprofit · EIN 73-0120450

ADA CHAMBER OF COMMERCE

Tax-exempt · ADA, OK 74820

Financials

$224K$218K2023$190K$149K2024
Revenue Expenses · by fiscal year end
Financials of ADA CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$190,343$148,783$41,560$379,488$1,119$378,369
December 31, 2023990$224,328$217,750$6,578$342,137$5,328$336,809
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$174,143
Investment income
$16,200
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$66,384
Salaries, compensation and benefits (total)
$73,327
Professional fundraising fees
$0
Accounting fees
$13,418
Occupancy
$12,000
Program services (functional)
$61,820
Management and general (functional)
$86,963

Balance sheet and other

Total assets, start of year
$342,137
Total assets, end of year
$379,488
Total liabilities, end of year
$1,119
Net assets, end of year
$378,369
Net assets without donor restrictions
$378,369
Gross receipts
$190,343
Employees
3
Year formed
1924
State of legal domicile
OK

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
WADE EVANSCHAIRMAN
Trustee or director, Officer
–$0
CHRIS FEILERCHAIR ELECT
Trustee or director, Officer
–$0
GAGE BUSBYTREASURER
Trustee or director, Officer
–$0
JESSICA BECKPAST CHAIR
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
WADE EVANSCHAIRMAN
Trustee or director, Officer
–$0
CHRIS FEILERCHAIR ELECT
Trustee or director, Officer
–$0
GAGE BUSBYTREASURER
Trustee or director, Officer
–$0
JESSICA BECKPAST CHAIR
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
2025 ARLINGTON ST, ADA, OK 74820-2818
Principal officer (990 for 2024)
GAGE BUSBY
Signed the 990
GAGE BUSBY, TREASURER
Phone
(580) 332-2506
Return prepared by
GAGE B BUSBY CPA PC

Mission

TO PROVIDE FUNDS TO KEEP MEMBERS INFORMED OF ECONOMIC CONDITIONS, EMPLOYMENT TRENDS AND POTENTIAL BUSINESSES THAT WOULD WANT TO LOCATE IN THE ADA AREA AS WELL AS PROVIDING A STIMULUS FOR ECONOMIC DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE COMMUNITY LEADERSHIP TO ENCOURAGE ECONOMIC GROWTH AND INCREASE JOB OPPORTUNITIES FOR THE ADA AREA.

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
73-0120450
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1943
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$379,488
Income (IRS master file)
$190,343

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$190,343$148,783$379,488IRS
990December 2023$224,328$217,750$342,137XML
990December 2022$224,061$203,848$339,860IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 73-0120450).

Questions about ADA CHAMBER OF COMMERCE

What is the EIN of ADA CHAMBER OF COMMERCE?
The employer identification number (EIN) of ADA CHAMBER OF COMMERCE is 73-0120450.
Is ADA CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1943.
Are donations to ADA CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ADA 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 ADA 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 ADA 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 ADA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names GAGE BUSBY.
Who are the officers and directors of ADA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does ADA CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $190,343, expenses of $148,783 and total assets of $379,488 at year end.

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