Elko Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 880056604
- IRS 990 coverage
- 2015–2025
- Forms available
- Form 990 2025
- Location
- Elko, NV, USA
- Phone
- 7757387135
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $692,684
- Expenses
- $483,153
- Assets
- $1,941,727
- Liabilities
- $1,408,344
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Highest reported compensation
- BILLIE CRAPO (SECRETARY/EX): $112,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote local business, economic development, and tourism in the elko county area
What it reported doing in 2025
The elko chamber of commerce employees four full-time personnel. The employees and numberous volunteers implement the various programs the chamber runs. The chamber office also serves as a vistors and information center for northeastern Nevada. The chamber is housed in the reconstructed historical sherman station, which also serves as an attraction. The chamber produces several publications during the year, including: four-color area map, accommodation and dining guide, community calendar of events, clubs and organizations contacts, chamber newsletters and local sheets, four-color business directory, and the sherman station brochure. The chamber responds to thousands of written and oral requests for relocation packets and tourism information annually through phone, internent services, us mail, and in-person at the office. A freestanding, fully staffed office is supported by the chamber to serve as a vistor and tourist center, as well as being the center for all membership services and informations. The chamber provides networking and community information for businesses, (prospective, new and existing), through programs such as business after- hours the chamber provides a venue for member businesses to promote themselves through brochures in the vistor's center, the may home and business expo, and various activities held throughout the year.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 92
- Accountability: 69
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.1%; rating input score 72
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 30.2%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 4.02; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0.73; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 23.3%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 13.9% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 72.1% of revenue deployed · 100% of spending went to programs
- Governance: 13 of 13 board members independent · 2 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $483K in reported program spending
- Leadership: top reported pay $112K · 14 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 11 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 7 not reported.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- High — Sustainability: Officer compensation ratio scored 13/100.