TY 2015 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) Stephanie Sorini......................................................................
Executive Director

40.00
.................

41,482

(2) Collin Higgins......................................................................
PRESIDENT

5.00
.................

(3) Paul Babb......................................................................
PRESIDENT ELECT

2.00
.................

(4) CRAIG TIPPETT......................................................................
TREASURER

2.00
.................

(5) Pete Akey......................................................................
PAST PRESIDENT

2.00
.................

(6) BILL MELVIN......................................................................
VICE PRESIDENT

1.00
.................

(7) DESIREE SHOGREN......................................................................
VICE PRESIDENT

1.00
.................

(8) ED STEPAN......................................................................
VICE PRESIDENT

1.00
.................

(9) PAUL TASH......................................................................
VICE PRESIDENT

1.00
.................

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

- 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

2015

Open to Public
Inspection

Name of the organization

Butte Silver Bow Chamber of Commerce

Employer identification number

81-0116175

Return Reference	Explanation
Form 990, Part VI, Section B, line 11	The organization makes a copy available before the return is filed.
Form 990, Part VI, Section B, line 12c	Each board member and officer recieves the Chambers Conflict of Interest Policy and completes an annual statement to determine if there have been any changes.
Form 990, Part VI, Section B, line 15	A personal committee does an annual review of the executive director and the director performs annual review of other employees.
Form 990, Part VI, Section C, line 19	The organization provides this information to the public upon request.
Form 990, Part IX, line 24e	Joint Ventures: Program service expenses 14,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,000. Utilities: Program service expenses 12,089. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,089. BERKLEY PIT Expense: Program service expenses 11,446. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,446. Retail Cost of Goods Sold: Program service expenses 10,921. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,921. Administrative Expense: Program service expenses 10,583. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,583. Mining City Brew Fest: Program service expenses 10,576. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,576. Miscellaneous Expense: Program service expenses 10,101. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,101. Tourism Development: Program service expenses 9,614. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,614. Bad Debt Expense: Program service expenses 8,604. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,604. Trolley Car Expense: Program service expenses 6,540. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,540. Golf Tournament Expense: Program service expenses 6,346. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,346. Tournament Hospitality Expense: Program service expenses 6,184. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,184. Repairs and Maintenance: Program service expenses 5,605. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,605. Dues: Program service expenses 5,505. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,505. Website Expense: Program service expenses 4,284. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,284. Special Events Expense: Program service expenses 3,855. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,855. Property Taxes: Program service expenses 3,759. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,759. Business Card Social Expense: Program service expenses 3,373. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,373. Tailgate Expense: Program service expenses 3,065. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,065. Equipment Leases/Meter: Program service expenses 1,612. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,612. Credit Card Fees: Program service expenses 1,575. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,575. Postage Expense: Program service expenses 1,503. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,503. TBID Survey Expense: Program service expenses 1,241. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,241. Memberships: Program service expenses 1,179. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,179. Telephone Expense: Program service expenses 1,084. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,084. Flag Expense: Program service expenses 609. Management and general expenses 0. Fundraising expenses 0. Total expenses 609. Security System: Program service expenses 540. Management and general expenses 0. Fundraising expenses 0. Total expenses 540. ABC Clinic/Workshop: Program service expenses 510. Management and general expenses 0. Fundraising expenses 0. Total expenses 510. Bank Service Charges: Program service expenses 20. Management and general expenses 0. Fundraising expenses 0. Total expenses 20.

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: To promote economic growth and development, prosperity, tourism and the enhanced general welfare of a southwest Montana community rich in history and potential.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	31
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	31
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	18
6	Total number of volunteers (estimate if necessary) .............	6	200
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	201,457	208,752
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	0	0
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	455,092	461,964
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	656,549	670,716
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	196,417	218,817
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	469,380	437,610
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	665,797	656,427
19	Revenue less expenses. Subtract line 18 from line 12.......	-9,248	14,289
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	1,266,969	1,264,479
21	Total liabilities (Part X, line 26).............	93,591	76,812
22	Net assets or fund balances. Subtract line 21 from line 20.....	1,173,378	1,187,667

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 656,427 including grants of $ ) (Revenue $ )
	A community alliance dedicated to the promotion of economic growth and development, prosperity, tourism and the enhanced general welfare of a small southwest Montana mining community rich in history and potential.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses656,427

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	41,482	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a-1f:$
h Total.Add lines 1a-1f.......

			Business Code
2a	Program Service Revenu	624110	208,752	208,752
b
c
d
e
f	All other program service revenue.
g Total.Add lines 2a–2f.....			208,752

3 Investment income (including dividends, interest, and othersimilar amounts) ..........
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss).....
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	Other Revenue - Relate		624100	432,570	432,570
b	Retail Income		624100	17,809	17,809
c	Hospitality Income		624100	11,585	11,585
d	All other revenue ....
e	Total. Add lines 11a–11d ......			461,964
12	Total revenue. See Instructions......			670,716	670,716	0	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	41,482	41,482
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	140,944	140,944
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	2,612	2,612
9	Other employee benefits .......	17,031	17,031
10	Payroll taxes ...........	16,748	16,748
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....	14,040	14,040
13	Office expenses .......
14	Information technology ......
15	Royalties ..
16	Occupancy ...........
17	Travel ............	582	582
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	13,594	13,594
20	Interest ...........	2,892	2,892
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..
23	Insurance ...	18,522	18,522
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	Leisure	108,664	108,664
b	TBID Sponsorship	82,442	82,442
c	Annual Dinner Expense	24,582	24,582
d	Supplies	15,969	15,969
e	All other expenses	156,323	156,323
25	Total functional expenses. Add lines 1 through 24e	656,427	656,427	0	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			198,249	1	186,166
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net ....				7
8	Inventories for sale or use ........				8
9	Prepaid expenses and deferred charges ......				9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	1,042,267
b	Less: accumulated depreciation	10b	0	1,041,791	10c	1,042,267
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			26,929	15	36,046
16	Total assets. Add lines 1 through 15 (must equal line 34)...			1,266,969	16	1,264,479

17	Accounts payable and accrued expenses .....	5,042	17	10,385
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D	88,549	25	66,427
26	Total liabilities. Add lines 17 through 25..	93,591	26	76,812

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets		27
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....	1,173,378	30	1,187,667
31	Paid-in or capital surplus, or land, building or equipment fund ...	0	31	0
32	Retained earnings, endowment, accumulated income, or other funds	0	32	0
33	Total net assets or fund balances ...........	1,173,378	33	1,187,667
34	Total liabilities and net assets/fund balances ........	1,266,969	34	1,264,479

1	Total number at end of year ....
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ....

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
PAYROLL LIABILITES	4,685
N/P- TROLLEY	43,277
WELLS FARGO LINE OF CREDIT	18,465
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	66,427
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

1a	Land ...	171,218	171,218
b	Buildings	742,087	742,087
c	Leasehold improvements
d	Equipment ...	128,962	128,962
e	Other ...
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..			1,042,267

(a) Description of security or category (including name of security)	(b)Book value	(c)Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)