TY 2019 Form 990EZ

(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
David Buswell Past Chair	2.00	0
Dan Kutzkey Treasurer	2.00	0
Molly Andoe Secretary	5.00	0
Rebecca Fairbanks President	5.00	0
Brian Fairbanks Board Member	2.00	0
Shelly Rath Board Member	2.00	0
Kristin Leichner Board Member	2.00	0
Peggy Walker Board Member	2.00	0
Cindy Francois Board Member	2.00	0
Linda Henderson Board Member	2.00	0
Matt Weissbach Board Member	2.00	0
Julia Hajduk City Liaison	2.00	0
Corey Kearsley Staff Executive	40.00	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

David Buswell

Past Chair

2.00

Dan Kutzkey

Treasurer

2.00

Molly Andoe

Secretary

5.00

Rebecca Fairbanks

President

5.00

Brian Fairbanks

Board Member

2.00

Shelly Rath

Board Member

2.00

Kristin Leichner

Board Member

2.00

Peggy Walker

Board Member

2.00

Cindy Francois

Board Member

2.00

Linda Henderson

Board Member

2.00

Matt Weissbach

Board Member

2.00

Julia Hajduk

City Liaison

2.00

Corey Kearsley

Staff Executive

40.00

(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

- 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

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

SHERWOOD AREA CHAMBER OF COMMERCE

Employer identification number

93-0938421

Return Reference	Explanation
Other Revenue.1	Travel Tours $1948
Other Revenue.2	$928
Other Expenses.1001	Advertising and Promotion $5042
Other Expenses.1002	Office Expenses $1929
Other Expenses.1005	Travel $722
Other Expenses.1012	Insurance $5522
Other Expenses.1	Rent - Office $31453
Other Expenses.2	Entertainment $9463
Other Expenses.3	Event Meals $6759
Other Expenses.4	Event Staff $5181
Other Expenses.5	Computer expenses $5056
Other Expenses.6	Rent - Room Rental $4270
Other Expenses.7	Supplies $3632
Other Expenses.8	Telephone $2473
Other Expenses.9	2018 990T Tax payment $1743
Other Expenses.10	Bank Fees $1580
Other Expenses.11	Licenses & Permits $983
Other Expenses.12	2019 990T Estimated payments $876
Other Expenses.13	Dues & Subscriptions $798
Other Expenses.15	Staff Training $410
Other Expenses.17	Staff Meals $249
Other Expenses.18	Staff mileage $14
Other Assets.1002	Furniture and Fixtures - Beginning $900 Furniture and Fixtures - Ending $0
Other Assets.1011	Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $489
Other Assets.1	Security Deposit - Beginning $0 Security Deposit - Ending $1500
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $1428 Accounts Payable and Accrued Expenses - Ending $0
Total Liabilities.1	Prepaid Memberships - Beginning $0 Prepaid Memberships - Ending $1632
Total Liabilities.2	Credit cards - Beginning $0 Credit cards - Ending $748

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:	19009920
Software Version:	2019v5.0

1	Contributions, gifts, grants, and similar amounts received ....................	1	4,300
2	Program service revenue including government fees and contracts ................	2	34,423
3	Membership dues and assessments .............................	3	45,014
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	69,541
c	Less: direct expenses from gaming and fundraising events ...	6c	13,027
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	56,514
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	2,876
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	143,127

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? To promote businesses in the Sherwood Area
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 Office Administration (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 Membership Breakfast & Annual Banquet (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 Visitor Center (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

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 . . . . . . . . . . . . . . . . . . . .

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	61,577
13	Professional fees and other payments to independent contractors ............	13	6,456
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15	752
16	Other expenses (describe in Schedule O) ...................	16	88,155
17	Total expenses. Add lines 10 through 16 .................	17	156,940

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-13,813
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	18,617
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	4,804