TY 2024 Form 990EZ

Form990EZ

Department of the Treasury
Internal Revenue Service

Short Form
Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990EZ for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public
Inspection

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
KENNETT CHAMBER OF COMMERCE

Number and street (or P. O. box, if mail is not delivered to street address)1601 FIRST STREET
Room/suite

City or town, state or province, country, and ZIP or foreign postal code KENNETT, MO63857

D Employer identification number

43-0615547

E Telephone number

(573) 888-5828

F Group Exemption
Number bullet

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? THE KENNETT CHAMBER OF COMMERCE IS ORGANIZED FOR THE PURPOSE OF DEVELOPING, PROMOTING, AND PROTECTING THE COMMERCIAL, INDUSTRIAL, PROFESSIONAL, AGRICULTURAL AND CIVIC INTERESTS OF THE CITY AND ITS SURROUNDING AREA. OUR GOAL IS TO BUILD HEALTHY ECONOMICS AND IMPROVE THE QUALITY OF LIFE IN OUR REGIONAL COMMUNITIES.
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 ANNUAL BANQUET - MEET TO INCREASE LOCAL BUSINESS PARTICIPATION. 400 CLIENTS SERVED. (Grants $ ) If this amount includes foreign grants, check here ...			28a	6,409
29 GOLF OUTING - USED TO RECRUIT NEW BUSINESS AND INDUSTRY TO COMMUNITY. 140 CLIENTS SERVED. (Grants $ ) If this amount includes foreign grants, check here ...			29a	6,106
30 CHRISTMAS MEMORIAL TREES - USED TO INCREASE LOCAL BUSINESS AND CITIZEN PARTICIPATION. (Grants $ ) If this amount includes foreign grants, check here ...			30a	508
ECLIPSE WATCH PARTY - USED TO INCREASE LOCAL BUSINESS AND CITIZEN PARTICIPATION. (Grants $ ) If this amount includes foreign grants, check here ...		30,387
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	43,410

(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-)
TRACY ELLIS President	0	0
JAMIE CHITESTER Vice President	0	0
LEIGHA WARD Treasurer	0	0
CHRISTIAN JOHNSON Executive Dir.	40.00	45,297

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(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

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Revenue.1	MISCELLANEOUS REVENUE $5253
Other Revenue.2	DISCOUNTS EARNED $37
Other Expenses.1001	Advertising and Promotion $2688
Other Expenses.1002	Office Expenses $3064
Other Expenses.1	ECLIPSE EXPENSE $30387
Other Expenses.2	BANQUET EXPENSE $6409
Other Expenses.3	TOURISM/MARKETING $6154
Other Expenses.4	GOLF OUTING EXPENSE $6106
Other Expenses.5	MEMBERSHIP $3910
Other Expenses.6	TELEPHONE $3610
Other Expenses.7	MEALS & ENTERTAINMENT $1796
Other Expenses.8	EQUIPMENT RENTAL & MAINTENANCE $1392
Other Expenses.9	CHRISTMAS MEMORIAL TREES $508
Other Expenses.10	CREDIT CARD FEES $464
Other Expenses.11	PARADE EXPENSE $435
Other Expenses.12	MISCELLANEOUS $420
Other Expenses.13	VEHICLE ALLOWANCE $386
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $905 Accounts Payable and Accrued Expenses - Ending $0
Total Liabilities.1	PAYROLL TAX LIABILITIES - Beginning $2205 PAYROLL TAX LIABILITIES - Ending $1846

Return Reference

Explanation

Other Revenue.1

MISCELLANEOUS REVENUE $5253

Other Revenue.2

DISCOUNTS EARNED $37

Other Expenses.1001

Advertising and Promotion $2688

Other Expenses.1002

Office Expenses $3064

Other Expenses.1

ECLIPSE EXPENSE $30387

Other Expenses.2

BANQUET EXPENSE $6409

Other Expenses.3

TOURISM/MARKETING $6154

Other Expenses.4

GOLF OUTING EXPENSE $6106

Other Expenses.5

MEMBERSHIP $3910

Other Expenses.6

TELEPHONE $3610

Other Expenses.7

MEALS & ENTERTAINMENT $1796

Other Expenses.8

EQUIPMENT RENTAL & MAINTENANCE $1392

Other Expenses.9

CHRISTMAS MEMORIAL TREES $508

Other Expenses.10

CREDIT CARD FEES $464

Other Expenses.11

PARADE EXPENSE $435

Other Expenses.12

MISCELLANEOUS $420

Other Expenses.13

VEHICLE ALLOWANCE $386

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $905 Accounts Payable and Accrued Expenses - Ending $0

Total Liabilities.1

PAYROLL TAX LIABILITIES - Beginning $2205 PAYROLL TAX LIABILITIES - Ending $1846

1	Contributions, gifts, grants, and similar amounts received ....................	1	91,849
2	Program service revenue including government fees and contracts ................	2	31,463
3	Membership dues and assessments .............................	3
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	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
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	5,290
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	128,602

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-18,834
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	46,889
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	28,055

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	24020490
Software Version:	2024v5.1

Software ID:	24020490
Software Version:	2024v5.1

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	66,043
13	Professional fees and other payments to independent contractors ............	13	2,000
14	Occupancy, rent, utilities, and maintenance ...................	14	11,251
15	Printing, publications, postage, and shipping ...................	15	413
16	Other expenses (describe in Schedule O) ...................	16	67,729
17	Total expenses. Add lines 10 through 16 .................	17	147,436