Colbythomas County Chamber of Commerce Inc

Nonprofit profile at a glance

EIN
480506511
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Colby, KS, USA
Phone
7854603401
Rating confidence
Limited

Official website

Reported finances

Revenue
$615,078
Expenses
$603,259
Assets
$1,091,710
Liabilities
$787

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • ANNETTE WETTER (DIRECTOR)
  • MAX ELLEGOOD (DIRECTOR)
  • HEATHER DIBLE (CHAIR-ELECT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The colby/thomas county chamber of commerce promotes thomas county Kansas and the surrounding area as an excellent place to live, work, shop and visit.

What it reported doing in 2025

Let the colby/thomas county chamber of commerce do your shopping for you. Chamber gift certificates are a great way to give, and can be used to purchase goods and services at many thomas county businesses. They can be spent for quality merchandise, food and services at retail shops, service providers and restaurants. The gift certicicates promotes (a) an appreciation of the free enterprise system, (b) coordinates the efforts of commerce, industry and the professions in maintaining and strenghtening a sound and healthy business climate in the area; (c) sponsorship of aggressive programs of work and stimulates activities that will provide for full development and employment of our human and economic resources; (d) creative business leadership and effective coordination of all interested parties in solving community problems and in initiating constructive community action; (e) creating broad understanding and appreciation of the great opportunities in thomas county and the advantages and assets of our community withing the area, the state and nation.

Operating model

Revenue model
Grant-funded. 61% of the money available for current operations came from government grants.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 80
  • Accountability: 64
  • Sustainability: 53
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 83%; rating input score 83; 39th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 1.9%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 1.81; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.7% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: 8.2% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 12 of 12 board members independent · 1 of 7 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 10 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 7 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 36/100.