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Nonprofit · EIN 46-0118543

CHAMBER OF COMMERCE

Tax-exempt · HOT SPRINGS, SD 57747

Financials

$320K$267K2023$326K$322K2024
Revenue Expenses · by fiscal year end
Financials of CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$325,634$321,747$3,887$132,567$6,448$126,119
December 31, 2023990$319,857$267,294$52,563$125,047$3,889$121,158
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$41,212
of which government grants
$5,000
Membership dues
$36,212
Program service revenue
$284,286
Investment income
$136
Other revenue
$0

Expenses

Grants and similar amounts paid
$5,000
Other salaries and wages
$112,127
Salaries, compensation and benefits (total)
$121,062
Professional fundraising fees
$0
Program services (functional)
$294,265
Management and general (functional)
$27,482

Balance sheet and other

Total assets, start of year
$125,047
Total assets, end of year
$132,567
Total liabilities, end of year
$6,448
Net assets, end of year
$126,119
Gross receipts
$325,634
Employees
10
Volunteers
10
Year formed
1948
State of legal domicile
SD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KELLY BEDNARPRSIDENT
Officer
1$0
KARA HAGENVICE PRESIDENT
Officer
1$0
BRETT NACHTIGALLVICE PRESIDENT
Officer
1$0
RESA RUTZSECRETARY
Officer
1$0
KAREN MESONTREASURER
Officer
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
WALLY CACHROPRSIDENT
Officer
1$0
RANDELL MEYERSVICE PRESIDENT
Officer
1$0
KRIS HANSONSECRETARY
Officer
1$0
PRESSTON GABLETREASURER
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 342, HOT SPRINGS, SD 57747-0342
Principal officer (990 for 2024)
WALLY CACHRO, PO BOX 342, HOT SPRINGS, SD 57747
Signed the 990
KELLY BEDNAR, PRESIDENT
Phone
(605) 745-4140
Return prepared by
Black Hills CPA Group LLP

Mission

PROMOTION OF THE HOT SPRINGS, SD AREA FOR TOURISM AND BUSINESS GROWTH FOR THE BENEFIT OF THE ENTIRE COMMUNITY

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTION OF THE HOT SPRINGS, SD AREA FOR TOURISM AND BUSINESS GROWTH FOR THE BENEFIT OF THE ENTIRE COMMUNITY

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0118543
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$132,567
Income (IRS master file)
$325,634

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$325,634$321,747$132,567XML
990December 2023$319,857$267,294$125,047XML
990December 2022$291,762$297,431$80,648IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0118543).

Questions about CHAMBER OF COMMERCE

What is the EIN of CHAMBER OF COMMERCE?
The employer identification number (EIN) of CHAMBER OF COMMERCE is 46-0118543.
Is CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1982.
Are donations to CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHAMBER OF COMMERCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHAMBER OF COMMERCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names WALLY CACHRO.
Who are the officers and directors of CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $325,634, expenses of $321,747 and total assets of $132,567 at year end.

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