TY 2014 Form 990EZ


	1	Contributions, gifts, grants, and similar amounts received...............	1	4,304
2	Program service revenue including government fees and contracts ............	2	788
3	Membership dues and assessments......................	3	44,550
4	Investment income...........................	4
5a	Gross amount from sale of assets other than inventory........	5a
b	Less: cost or other basis and sales expenses...........	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000) .	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the
	sum of such gross income and contributions exceeds $15,000)	6b	69,538
c	Less: direct expenses from gaming and fundraising events.......	6c	56,324
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	13,214
7a	Gross sales of inventory, less returns and allowances........	7a
b	Less: cost of goods sold.................	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) .....................	8	11,659
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8..............	9	74,515
	10	Grants and similar amounts paid (list in Schedule O) .................	10
11	Benefits paid to or for members........................	11
12	Salaries, other compensation, and employee benefits................	12	47,682
13	Professional fees and other payments to independent contractors............	13
14	Occupancy, rent, utilities, and maintenance...................	14	5,800
15	Printing, publications, postage, and shipping...................	15
16	Other expenses (describe in Schedule O) ....................	16	18,356
17	Total expenses. Add lines 10 through 16 .................	17	71,838
	18	Excess or (deficit) for the year (Subtract line 17 from line 9)............	18	2,677
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return)................	19	60,838
20	Other changes in net assets or fund balances (explain in Schedule O) ..........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20.........	21	63,515

Contributions, gifts, grants, and similar amounts received...............

4,304

Program service revenue including government fees and contracts ............

788

Membership dues and assessments......................

44,550

Investment income...........................

Gross amount from sale of assets other than inventory........

Less: cost or other basis and sales expenses...........

Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......

Gaming and fundraising events

Gross income from gaming (attach Schedule G if greater than $15,000) .

Gross income from fundraising events (not including $ of contributions
from fundraising events reported on line 1) (attach Schedule G if the Click to see attachment

sum of such gross income and contributions exceeds $15,000)

69,538

Less: direct expenses from gaming and fundraising events.......

56,324

Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)

13,214

Gross sales of inventory, less returns and allowances........

Less: cost of goods sold.................

Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........

Other revenue (describe in Schedule O) .....................

11,659

Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8.............. Bullet

74,515

Grants and similar amounts paid (list in Schedule O) .................

Benefits paid to or for members........................

Salaries, other compensation, and employee benefits................

47,682

Professional fees and other payments to independent contractors............

Occupancy, rent, utilities, and maintenance...................

5,800

Printing, publications, postage, and shipping...................

Other expenses (describe in Schedule O) ....................

18,356

Total expenses. Add lines 10 through 16 ................. Bullet

71,838

Excess or (deficit) for the year (Subtract line 17 from line 9)............

2,677

Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with

end-of-year figure reported on prior year’s return)................

60,838

Other changes in net assets or fund balances (explain in Schedule O) ..........

Net assets or fund balances at end of year. Combine lines 18 through 20......... Bullet

63,515

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? ECONOMIC AND COMMUNITY BETTERMENT
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 240 MEMBERS SERVED - MONTHLY NEWSLETTER AND VARIOUS COMMUNITY PROMOTIONS. NETWORKING, REFERALS, AND WEBSITE VISABIITY. PROMOTION OF THE INDEPENDENCE AREA BUSINESS COMMUNITY AND DEVELOPMENT. (Grants $ 71,838) If this amount includes foreign grants, check here ...	28a
29 (Grants $ ) If this amount includes foreign grants, check here ...	29a
30 (Grants $ ) If this amount includes foreign grants, check here ...	30a
31 Other program services (describe in Schedule O) (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	71,838

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III .

Expenses
(Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)

What is the organization's primary exempt purpose? ECONOMIC AND COMMUNITY BETTERMENT

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.

28 240 MEMBERS SERVED - MONTHLY NEWSLETTER AND VARIOUS COMMUNITY PROMOTIONS. NETWORKING, REFERALS, AND WEBSITE VISABIITY. PROMOTION OF THE INDEPENDENCE AREA BUSINESS COMMUNITY AND DEVELOPMENT.
(Grants $ 71,838) If this amount includes foreign grants, check here ... MediumBullet

28a

29
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

29a

30
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

30a

31 Other program services (describe in Schedule O)
(Grants $ ) If this amount includes foreign grants, check here... MediumBullet

31a

32 Total program service expenses (add lines 28a through 31a).......... bullet

71,838

(a) Name and title	(b) Average hours per week devoted to position	(c)Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
RUSS FEDERSPIEL Director	0.25	0
JOE OLSEN Director	0.25	0
LAREE RANDALL President	0.25	0
BRAD KEGLER Director	0.25	0
CRAIG COFFMAN Director	0.25	0
JESS ENDER Secretary	0.25	0
JESSICA WEBER Director	0.25	0
CHUCK WARD Director	0.25	0
MIKE MCGILL Director	0.25	0
AMANDA COONRAD Vice President	0.25	0

(a) Name and title

(b) Average
hours per week
devoted to position

(c)Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans,
and deferred compensation

(e) Estimated amount
of other compensation

RUSS FEDERSPIEL
Director

0.25

JOE OLSEN
Director

0.25

LAREE RANDALL
President

0.25

BRAD KEGLER
Director

0.25

CRAIG COFFMAN
Director

0.25

JESS ENDER
Secretary

0.25

JESSICA WEBER
Director

0.25

CHUCK WARD
Director

0.25

MIKE MCGILL
Director

0.25

AMANDA COONRAD
Vice President

0.25

(a) Name and title of each employee

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC)

(d) Health benefits, contributions to employee benefit plans, and deferred compensation

(e) Estimated amount of other compensation

NONE

(a) Name and business address of each independent contractor

(b) Type of service

(c) Compensation

NONE

		(a) Event #1 FRIDAY NIGHT LI (event type)	(b) Event #2 ZOMBIE RUN (event type)	(c) Other events 3 (total number)	(d) Total events (add col. (a) through col. (c))
	1	Gross receipts . . .	18,646	17,802	19,710	56,158
2	Less: Contributions . .
3	Gross income (line 1 minus line 2) . . .	18,646	17,802	19,710	56,158
	4	Cash prizes . . .
5	Noncash prizes . .
6	Rent/facility costs . .
7	Food and beverages .
8	Entertainment . . .
9	Other direct expenses .	13,109	18,395	16,332	47,836
10	Direct expense summary. Add lines 4 through 9 in column (d) ...........	47,836
11	Net income summary. Subtract line 10 from line 3, column (d)...........	8,322

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

INDEPENDENCE AREA CHAMBER OF COMMERCE

Employer identification number

42-0327385

Return Reference	Explanation
Other Revenue.1	MISCELLANEOUS INCOME $11659
Other Expenses.1001	Advertising and Promotion $997
Other Expenses.1002	Office Expenses $7162
Other Expenses.1008	Interest $2235
Other Expenses.1009	Depreciation $2139
Other Expenses.1012	Insurance $2996
Other Expenses.1	PPA $1521
Other Expenses.2	MISCELLANEOUS $716
Other Expenses.3	REFUNDS $255
Other Expenses.4	sidewalk project $92
Other Expenses.5	DONATIONS $71
Other Expenses.6	BANK SERVICE CHARGES $51
Other Expenses.7	CONTINUING ED $50
Other Expenses.8	mileage $38
Other Expenses.9	MEALS $33
Other Assets.1003	Machinery and Equipment - Beginning $2187 Machinery and Equipment - Ending $3257
Other Assets.1005	Accounts Receivable - Beginning $14600 Accounts Receivable - Ending $15050
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $3039 Accounts Payable and Accrued Expenses - Ending $1336
Total Liabilities.1007	Secured Mortgages and Notes Payable - Beginning $43331 Secured Mortgages and Notes Payable - Ending $40687
Total Liabilities.1	PAYROLL LIABILITIES - Beginning $3604 PAYROLL LIABILITIES - Ending $1570

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

Additional Data

Software ID:	14000265
Software Version:	2014v5.0

Sign Here

	Signature of officer	Date

	Type or print name and title

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










Total .................