Leeds Area Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 630646465
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025
- Location
- Leeds, AL, USA
- Phone
- 2056995001
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $55,138
- Expenses
- $93,565
- Assets
- $49,251
- Liabilities
- $2,998
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- JOSHUA MARKS (EXECUTIVE DIRECTOR)
- STEVE KARR (PRESIDENT)
- CASEY PARSONS (1ST VICE PRESIDENT)
- DEBORAH WATKINS (2ND VICE PRESIDENT)
People named in this filing
- JOSHUA MARKS (EXECUTIVE DIRECTOR)
- STEVE KARR (PRESIDENT)
- JEANNIE COLE (SECRETARY TREASURER)
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
Promote the social & business climate
What it reported doing in 2025
Promoted city wide unity through creek bank festival
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
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 10
- Transparency & Controls: 82
- Sustainability: 23
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 11.5%; rating input score 12
- Program expense ratio: 6.8%; rating input score 7
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -69.7%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -0.9% per year; rating input score 0; 45th percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 18.4% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 11.5% of revenue deployed · 6.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $6K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2014 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.
- High — Financial Efficiency: Mission deployment rate scored 12/100.
- High — Financial Efficiency: Program expense ratio scored 7/100.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.