Fremont Area Chamber Foundation
Nonprofit profile at a glance
- EIN
- 470733366
- IRS 990-EZ coverage
- 2018–2025
- Forms available
- Form 990-EZ 2025
- Location
- Fremont, NE, USA
- Phone
- 4027212641
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $71,187
- Expenses
- $54,434
- Assets
- $326,580
- Liabilities
- $2,000
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
People named in this filing
- BRENDA WILBERDING (Secretary)
- LONNIE DOLLIE (CHAIRMAN ELECT)
- STAN DARLING (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To receive and administer funds and programs for educational purposes for Fremont Area Chamber members and the general public about economic and business matters and to improve economic growth and employment opportunities.
What it reported doing in 2025
Administered well-attended programs to educate chamber members and the general public about the City of Fremont and its economic and business climate.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 82
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.9%; rating input score 63
- Program expense ratio: 82.3%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 23.5%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 6; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 16.2% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: 7.3% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 62.9% of revenue deployed · 82.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $45K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2018 to 2025
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Liabilities to assets ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.