Nonprofit · EIN 73-1697744
PROSPECT AREA CHAMBER OF COMMERCE
Tax-exempt · PROSPECT, KY 40059
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $54,201 | $73,615 | -$19,414 | $7,315 | $24,814 | -$17,499 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Membership dues
- $45,283
- Program service revenue
- $3,404
- Investment income
- $364
- Other revenue
- $5,150
Expenses
- Compensation of officers, directors and key employees
- $45,981
- Salaries, compensation and benefits (total)
- $45,981
- Other expenses
- $27,634
Balance sheet and other
- Total assets, start of year
- $26,721
- Total assets, end of year
- $7,315
- Total liabilities, end of year
- $24,814
- Net assets, end of year
- -$17,499
- Cash, savings and investments
- $6,244
- Gross receipts
- $54,201
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-EZ for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY R TYLER | EXECUTIVE DIRECTOR | 32 | $45,981 |
| MEREDITH HENSLEY | PRESIDENT | 0 | $0 |
| LUIS WELLS-GONZALEZ | VICE PRESIDENT | 0 | $0 |
| KATHIE QUAIFE | TREASURER | 0 | $0 |
| FLORENCE BROWNE | SECRETARY | 0 | $0 |
| JENNIFER JACOBS | PAST PRESIDENT | 0 | $0 |
| DJ DODSON | DIRECTOR | 0 | $0 |
| MARILYN FAULKENBURG | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 9219 D US HIGHWAY 42 283, PROSPECT, KY 40059-0000
- In care of
- % ROBERT D PRINCE
- Signed the 990-EZ
- MERIEDITH HENSLEY, PRESIDENT
- Phone
- (502) 228-7493
- Website
- WWW.PROSPECTAREACHAMBER.COM
- Return prepared by
- AMICK & COMPANY PSC
Mission
TO PROMOTE A HEALTHY AND PROPEROUS COMMUNITY FOR THOSE WHO LIVE AND WORK IN THE AREA AND TO MAINTAIN A SAFE AND BALANCED ENVIRONMENT.
Program accomplishments
- THE ORGANIZATION HOSTS VARIOUS NETWORKING AND EDUCATIONAL EVENTS THROUGHOUT THE YEAR FOR THE BENEFIT OF ITS MEMBERS AND GUESTS.
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 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 73-1697744
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $7,315
- Income (IRS master file)
- $54,201
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2023 | $54,201 | $73,615 | $7,315 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | 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 73-1697744).
Questions about PROSPECT AREA CHAMBER OF COMMERCE
- What is the EIN of PROSPECT AREA CHAMBER OF COMMERCE?
- The employer identification number (EIN) of PROSPECT AREA CHAMBER OF COMMERCE is 73-1697744.
- Is PROSPECT AREA CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2004.
- Are donations to PROSPECT AREA CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PROSPECT AREA 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 PROSPECT AREA 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 PROSPECT AREA CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
- Who are the officers and directors of PROSPECT AREA CHAMBER OF COMMERCE?
- The 990-EZ for the year ended December 31, 2023 lists 8 people; 1 received compensation from the organization, the highest $45,981 (GARY R TYLER, EXECUTIVE DIRECTOR).
- How much revenue does PROSPECT AREA CHAMBER OF COMMERCE have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $54,201, expenses of $73,615 and total assets of $7,315 at year end.
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