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Nonprofit · EIN 73-0125260

ALTUS CHAMBER OF COMMERCE INC

Tax-exempt · ALTUS, OK 73521

Financials

$1M$990K2023$891K$762K2024
Revenue Expenses · by fiscal year end
Financials of ALTUS CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$891,164$762,409$128,755$364,850$13,105$351,745
December 31, 2023990$1,009,092$989,718$19,374$243,272$20,282$222,990
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$837,542
of which government grants
$138,057
Membership dues
$125,255
Program service revenue
$0
Investment income
$3,685
Net income from fundraising events
$45,437
Other revenue
$49,937

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$81,000
Other salaries and wages
$43,356
Salaries, compensation and benefits (total)
$135,324
Professional fundraising fees
$0
Accounting fees
$14,338
Occupancy
$7,503
Travel
$1,376
Depreciation
$878
Program services (functional)
$553,363
Management and general (functional)
$209,046

Balance sheet and other

Total assets, start of year
$243,272
Total assets, end of year
$364,850
Total liabilities, end of year
$13,105
Net assets, end of year
$351,745
Land, buildings and equipment
$1,316
Net assets without donor restrictions
$351,745
Gross receipts
$926,972
Employees
3
Year formed
1941
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
JENNY GRAVESPresident & CEO
Officer
40$81,000
CODY NELSONChairman
Officer
1$0
ALLISON RICHEYCHAIR ELECT
Officer
1$0
BLAKE JACKSONVice President
Officer
1$0
JIMMY POEVice President
Officer
1$0
AMANDA REDDINGVice President
Officer
1$0
SIDNEY TYNERVice President
Officer
1$0
KENDALL HURSTTreasurer
Officer
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Jenny GravesCEO
Officer
0$0
Martha MillerPresident
Officer
0$0
Preston GunkelChair Elect
Officer
0$0
Terri AllenVice President
Officer
0$0
April PrestonVice President
Officer
0$0
Mary Beth HenryVice President
Officer
0$0
Kim SellersTreasurer
Officer
0$0

Address and contacts

Address (IRS master file)
301 W COMMERCE ST, ALTUS, OK 73521-3855
Signed the 990
JENNY GRAVES, President & CEO
Phone
(580) 482-0210
Return prepared by
Rebecca L Warren CPA

Mission

THE ALTUS CHAMBER OF COMMERCE IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE ECONOMIC, INDUSTRIAL, PROFESSIONAL, CULTURAL, EDUCATIONAL, AND CIVIC WELFARE OF THE ALTUS AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ALTUS CHAMBER OF COMMERCE IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE ECONOMIC, INDUSTRIAL, PROFESSIONAL, CULTURAL, EDUCATIONAL, AND CIVIC WELFARE OF THE ALTUS AREA.
    Expenses $553,363

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
73-0125260
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1944
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$364,850
Income (IRS master file)
$926,972

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$891,164$762,409$364,850XML
990December 2023$1,009,092$989,718$243,272XML
990December 2022$816,457$743,750$196,756IRS
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 73-0125260).

Questions about ALTUS CHAMBER OF COMMERCE INC

What is the EIN of ALTUS CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of ALTUS CHAMBER OF COMMERCE INC is 73-0125260.
Is ALTUS CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1944.
Are donations to ALTUS CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ALTUS CHAMBER OF COMMERCE INC 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 ALTUS CHAMBER OF COMMERCE INC 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 ALTUS CHAMBER OF COMMERCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of ALTUS CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $81,000 (JENNY GRAVES, President & CEO).
How much revenue does ALTUS CHAMBER OF COMMERCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $891,164, expenses of $762,409 and total assets of $364,850 at year end.

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