Wilson Chamber of Commerce Inc
Nonprofit profile at a glance
- EIN
- 920873344
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Wilson, AR, USA
- Phone
- 8706558311
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $189,057
- Expenses
- $121,616
- Assets
- $14,433
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- JEFF KMIEC (PRESIDENT)
- TOM SMITH (VICE PRESIDENT)
People named in this filing
- JEFF KMIEC (PRESIDENT)
- TOM SMITH (VICE PRESIDENT)
- STEVEN OUELLETTE (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The wilson chamber of commerce services the local community by being an advocate for businesses, both current and prospective. Additionally, the wilson chamber of commerce encourages community involvement by providing events for local residents and visitors to the community.
What it reported doing in 2024
Festivalsin early november, the organization holds a harvest festival to celebrate all things fall - hayrides, pumpkins, fall bounty and more. In april, the chamber hosts a crawfish festival with crawfish boils, live music, children's activities and fireworks. In addition to providing activities and building community among residents, these events attract visitors to wilson from surrounding towns and cities. The increase in visitors to the town allows the local businesses to grow and to develop a wider base of customers and clientele.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 82
- Sustainability: 61
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.8%; rating input score 64
- Program expense ratio: 99.1%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 35.7%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 29.5% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 108.2% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: -96.2% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 63.8% of revenue deployed · 99.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $121K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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 — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Growth: Asset growth scored 0/100.