Nonprofit · EIN 86-3899246
AMERICAN FREE ENTERPRISE CHAMBER OF COMMERCE
Tax-exempt · ANKENY, IA 50021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,131,847 | $4,567,990 | $563,857 | $1,001,043 | $30,090 | $970,953 |
| December 31, 2023 | 990 | $2,012,525 | $1,628,283 | $384,242 | $436,296 | $29,200 | $407,096 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,126,881
- Membership dues
- $4,726,881
- Program service revenue
- $0
- Investment income
- $4,966
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $303,750
- Salaries, compensation and benefits (total)
- $303,750
- Professional fundraising fees
- $194,000
- Legal fees
- $1,518,135
- Travel
- $31,115
- Depreciation
- $2,167
Balance sheet and other
- Total assets, start of year
- $436,296
- Total assets, end of year
- $1,001,043
- Total liabilities, end of year
- $30,090
- Net assets, end of year
- $970,953
- Net assets without donor restrictions
- $970,953
- Gross receipts
- $5,131,847
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- IA
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.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Gentry Collins | President Trustee or director, Officer | 20 | $292,500 | $0 |
| William Canfield | General Counsel Trustee or director | 2 | $86,000 | $0 |
| James M Kurtenbach | Secretary and Treasurer Trustee or director, Officer | 20 | $37,500 | $7,500 |
| Somsak Chivavibul | Director Trustee or director | 2 | $0 | $0 |
| Jill Rulli | Director Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gentry Collins | President Trustee or director, Officer | 2 | $105,000 |
| William Canfield | General Counsel Trustee or director | 2 | $57,000 |
| James M Kurtenbach | Secretary and Treasurer Trustee or director, Officer | 2 | $5,000 |
| Somsak Chivavibul | Director Trustee or director | 2 | $0 |
| Jill Rulli | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1011 N ANKENY BLVD, ANKENY, IA 50021-7768
- In care of
- % WILLIAM B CANFIELD
- Mailing address (990-N for 2022)
- 1011 N Ankeny Blvd Ste 1123, Ankeny IA 50021
- Principal officer (990 for 2024)
- Gentry Collins, 1011 N Ankeny Blvd, Ankeny, IA 50021
- Principal officer (990-N for 2022)
- Gentry Collins, 1011 N ANkeny Blvd Ste 1123, Ankeny IA 50021
- Signed the 990
- James Kurtenbach, Treasurer
- Phone
- (515) 291-9814
- Return prepared by
- Election CFO LLC
Mission
The American Free Enterprise Chamber of Commerce has emerged as a firewall against government overreach and a beacon for common sense. We advocate for policies that will extend rather than extinguish the American experiment and ensure that future generations have ample opportunities marked by freedom and upward mobility.
Program accomplishments
- The American Free Enterprise Chamber of Commerce served as a firewall against government overreach and a beacon for common sense. We advocated for policies that will extend rather than extinguish the American experiment and ensure that future generations have ample opportunities marked by freedom and upward mobility.Expenses $1
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-3899246
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $1,001,043
- Income (IRS master file)
- $5,131,847
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,131,847 | $4,567,990 | $1,001,043 | XML |
| 990 | December 2023 | $2,012,525 | $1,628,283 | $436,296 | XML |
| 990-N for 2022 Officer: Gentry Collins | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 86-3899246).
Questions about AMERICAN FREE ENTERPRISE CHAMBER OF COMMERCE
- What is the EIN of AMERICAN FREE ENTERPRISE CHAMBER OF COMMERCE?
- The employer identification number (EIN) of AMERICAN FREE ENTERPRISE CHAMBER OF COMMERCE is 86-3899246.
- Is AMERICAN FREE ENTERPRISE CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2022.
- Are donations to AMERICAN FREE ENTERPRISE CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICAN FREE ENTERPRISE 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 AMERICAN FREE ENTERPRISE 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 AMERICAN FREE ENTERPRISE 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 AMERICAN FREE ENTERPRISE CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names Gentry Collins.
- Who are the officers and directors of AMERICAN FREE ENTERPRISE CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 5 people; 3 received compensation from the organization, the highest $292,500 (Gentry Collins, President).
- How much revenue does AMERICAN FREE ENTERPRISE CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,131,847, expenses of $4,567,990 and total assets of $1,001,043 at year end.
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All nonprofits in ANKENY · Iowa · Community improvement and capacity building