Chamber Of Commerce Of Council Bluffs Iowa
EIN: 420198270 · Council Blfs, IA
| Metric | Value |
|---|---|
| Total Revenue | $651K |
| Total Expenses | $810K |
| Net Assets | $353K |
Is Chamber Of Commerce Of Council Bluffs Iowa Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chamber Of Commerce Of Council Bluffs Iowa
Chamber Of Commerce Of Council Bluffs Iowa (EIN: 420198270) is a nonprofit organization based in Council Blfs, IA. The organization reported total revenue of $651K and total assets of $704K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chamber Of Commerce Of Council Bluffs Iowa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chamber Of Commerce Of Council Bluffs Iowa is a small nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $779K |
| Total Expenses | $810K |
| Surplus / Deficit | $-30,708 |
| Total Assets | $1.1M |
| Total Liabilities | $702K |
| Net Assets | $353K |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 66.5% |
| Months of Reserves | 15.6 months |
Financial Health Grade: C
In 2023, Chamber Of Commerce Of Council Bluffs Iowa reported a deficit of $31K with expenses exceeding revenue, holds 15.6 months of operating reserves (strong position), has a debt-to-asset ratio of 66.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chamber Of Commerce Of Council Bluffs Iowa's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | -14.8% | -18.3% |
| 2022 | +9.2% | +19.9% | +30.1% |
| 2021 | +10.1% | +14.4% | -3.5% |
| 2020 | -5.7% | -15.1% | -6.7% |
| 2019 | +8.0% | -14.0% | -12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chamber Of Commerce Of Council Bluffs Iowa has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chamber Of Commerce Of Council Bluffs Iowa with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.5%.
Frequently Asked Questions about Chamber Of Commerce Of Council Bluffs Iowa
Is Chamber Of Commerce Of Council Bluffs Iowa a legitimate charity?
Chamber Of Commerce Of Council Bluffs Iowa (EIN: 420198270) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $651K. No red flags identified. Financial health grade: C.
How does Chamber Of Commerce Of Council Bluffs Iowa spend its money?
Chamber Of Commerce Of Council Bluffs Iowa reported $651K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chamber Of Commerce Of Council Bluffs Iowa tax-deductible?
Chamber Of Commerce Of Council Bluffs Iowa is registered as a tax-exempt nonprofit (EIN: 420198270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chamber Of Commerce Of Council Bluffs Iowa located?
Chamber Of Commerce Of Council Bluffs Iowa is headquartered in Council Blfs, Iowa and files with the IRS under EIN 420198270.
How many years of IRS 990 filings does Chamber Of Commerce Of Council Bluffs Iowa have?
Chamber Of Commerce Of Council Bluffs Iowa has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $651K in total revenue.
Filing History
IRS 990 filing history for Chamber Of Commerce Of Council Bluffs Iowa showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chamber Of Commerce Of Council Bluffs Iowa's revenue has declined by 56.7%, moving from $1.8M to $779K. Total assets decreased by 35.5% over the same period, from $1.6M to $1.1M. Total functional expenses fell by 58.2%, from $1.9M to $810K. In its most recent filing year (2023), Chamber Of Commerce Of Council Bluffs Iowa reported a deficit of $31K, with expenses exceeding revenue. The organization holds $702K in liabilities against $1.1M in assets (debt-to-asset ratio: 66.5%), resulting in net assets of $353K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $779K | $810K | $1.1M | $702K | — | — |
| 2022 | $766K | $951K | $1.3M | $908K | — | View 990 |
| 2021 | $701K | $793K | $993K | $280K | — | View 990 |
| 2020 | $636K | $694K | $1.0M | $224K | — | — |
| 2019 | $675K | $817K | $1.1M | $240K | — | View 990 |
| 2018 | $625K | $950K | $1.3M | $250K | — | View 990 |
| 2017 | $1.0M | $947K | $1.6M | $290K | — | View 990 |
| 2016 | $1.0M | $1.0M | $1.6M | $306K | — | View 990 |
| 2015 | $1.1M | $1.0M | $1.5M | $325K | — | View 990 |
| 2014 | $1.0M | $987K | $1.6M | $399K | — | View 990 |
| 2013 | $1.6M | $1.5M | $1.5M | $337K | — | View 990 |
| 2012 | $1.5M | $1.6M | $1.5M | $496K | — | View 990 |
| 2011 | $1.8M | $1.9M | $1.6M | $533K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $779K, expenses of $810K, and assets of $1.1M (revenue +1.8% year-over-year).
- 2022: Revenue of $766K, expenses of $951K, and assets of $1.3M (revenue +9.2% year-over-year).
- 2021: Revenue of $701K, expenses of $793K, and assets of $993K (revenue +10.1% year-over-year).
- 2020: Revenue of $636K, expenses of $694K, and assets of $1.0M (revenue -5.7% year-over-year).
- 2019: Revenue of $675K, expenses of $817K, and assets of $1.1M (revenue +8.0% year-over-year).
- 2018: Revenue of $625K, expenses of $950K, and assets of $1.3M (revenue -39.3% year-over-year).
- 2017: Revenue of $1.0M, expenses of $947K, and assets of $1.6M (revenue -1.1% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.0M, and assets of $1.6M (revenue -2.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.0M, and assets of $1.5M (revenue +6.5% year-over-year).
- 2014: Revenue of $1.0M, expenses of $987K, and assets of $1.6M (revenue -37.1% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.5M, and assets of $1.5M (revenue +5.5% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.6M, and assets of $1.5M (revenue -15.9% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.9M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chamber Of Commerce Of Council Bluffs Iowa:
Data Sources and Methodology
This transparency report for Chamber Of Commerce Of Council Bluffs Iowa is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.