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Nonprofit · EIN 93-0938421

SHERWOOD AREA CHAMBER OF COMMERCE

Tax-exempt · SHERWOOD, OR 97140

Financials

$117K$158K2023$132K$114K2024
Revenue Expenses · by fiscal year end
Financials of SHERWOOD AREA CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$132,481$113,594$18,887$73,462$77,857-$4,395
December 31, 2023990-EZ$117,499$158,141-$40,642$57,905$81,725-$23,820
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$107,793
Membership dues
$72,783
Program service revenue
$49
Investment income
$918
Net rental income
$555
Net gain from sales of assets
$500
Net income from fundraising events
$23,166
Other revenue
$23,721

Expenses

Grants and similar amounts paid
$2,500
Other salaries and wages
$49,722
Salaries, compensation and benefits (total)
$59,019
Professional fundraising fees
$0
Accounting fees
$5,359
Occupancy
$27,601
Program services (functional)
$96,111
Management and general (functional)
$17,483

Balance sheet and other

Total assets, start of year
$57,905
Total assets, end of year
$73,462
Total liabilities, end of year
$77,857
Net assets, end of year
-$4,395
Land, buildings and equipment
$3,563
Net assets without donor restrictions
-$4,395
Gross receipts
$202,742
Employees
2
Volunteers
5
Year formed
1985
State of legal domicile
OR

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
Marc FarrarTreasurer
Trustee or director, Officer
1$0
Nina CarlsonBoard Member
Trustee or director
1$0
Christoffer McCollomPresident
Trustee or director, Officer
1$0
Christopher McLaughlinBoard Member
Trustee or director
1$0
Sarah BulfinchBoard Member
Trustee or director
1$0
Larry MorrisBoard Member
Trustee or director
1$0
Martin RakersBoard Member
Trustee or director
1$0
Rachael KingBoard Member
Trustee or director
1$0
Steven QuickBoard Member
Trustee or director
1$0
Kyle GreenBoard Member
Trustee or director
1$0
990-EZ for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
William SikkensBoard Member1$0
Marc FarrarTreasurer1$0
Nina CarlsonBoard Member1$0
Christoffer McCullumSecretary1$0
Megan ThorntonBoard Member1$0
Sara BulfinchBoard Member1$0
Dave MurrayBoard Member1$0
Deb YannarielloBoard Member1$0
Christopher McLaughlinBoard Member1$0
Heyke Kirkendall-BakerPresident1$0

Address and contacts

Address (IRS master file)
16273 SW RAILROAD ST, SHERWOOD, OR 97140-9094
In care of
% CHRISTOFFER MCCOLLOM
Signed the 990
CHRISTOFFER MCCOLLOM, President
Phone
(503) 625-7800
Return prepared by
Henderson Business Services

Mission

Support businesses & build community

990 for the year ended December 31, 2024

Program accomplishments

  • The organization serves the local Sherwood area by bringing businesses and the community together. This enables small local businesses to receive awareness and promote existing businesses.
    Expenses $93,611
  • Provided scholarships to students and others to aid local businesses.
    Expenses $2,500

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-EZ on file

IRS record

EIN
93-0938421
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$73,462
Income (IRS master file)
$202,742

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$132,481$113,594$73,462XML
990-EZDecember 2023$117,499$158,141$57,905XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––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 93-0938421).

Questions about SHERWOOD AREA CHAMBER OF COMMERCE

What is the EIN of SHERWOOD AREA CHAMBER OF COMMERCE?
The employer identification number (EIN) of SHERWOOD AREA CHAMBER OF COMMERCE is 93-0938421.
Is SHERWOOD AREA CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2002.
Are donations to SHERWOOD AREA CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SHERWOOD 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 SHERWOOD 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 SHERWOOD AREA 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 are the officers and directors of SHERWOOD AREA CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does SHERWOOD AREA CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $132,481, expenses of $113,594 and total assets of $73,462 at year end.

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