Lake Area Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 431356331
- IRS 990 coverage
- 2011–2025
- Forms available
- Form 990 2025
- Location
- Lake Ozark, MO, USA
- Phone
- 5739641008
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $308,446
- Expenses
- $233,418
- Assets
- $399,540
- Liabilities
- $5,327
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- BRIAN GAGNON (PRESIDENT)
People named in this filing
- COLE BRADBURY (BOARD REPRES)
- DAVID DAWSON (BOARD REPRES)
- CASSIDY DICKERSON (BOARD REPRES)
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
Promote and improve the economic and community prosperity in the lake of the ozarks area through mutually beneficial relationships all while providing services to and advocating for business.
What it reported doing in 2025
Organization is a local chamber of commerce whose mission is to organize the business community to represent and promote businesses and the community at large.
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 97% 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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 64
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.3%; rating input score 49
- Program expense ratio: 62.6%; rating input score 63
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 24.3%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 1.71; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: -2.9% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 17.2% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 49.3% of revenue deployed · 62.6% of spending went to programs
- Governance: 15 of 15 board members independent · 2 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $146K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2011 to 2025
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.