Vail Community Chamber, Vail Chamber & Business Association in Vail, Colorado (CO)

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Vail Community Chamber, Vail Chamber & Business Association
Employer Identification Number (EIN)841509265
Name of OrganizationVail Community Chamber
Secondary NameVail Chamber & Business Association
In Care of NameJoyce Groelman-Vires
Address241 S Frontage Rd E Su1te 2, Vail, CO 81657
SubsectionChamber of Commerce
Ruling Date01/2000
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$22,829
Amount of Income$57,203
Form 990 Revenue Amount$57,203
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2013: $57,203 (it was $48,286 in 2012)
Vail Community Chamber, Vail Chamber & Business Association: 

 $57,203
Other organizations performing similar types of work: 

 $88,861

Assets in 2013: $22,829 (it was $5,501 in 2012)
Vail Community Chamber, Vail Chamber & Business Association: 

 $22,829
Other organizations performing similar types of work: 

 $51,691

Expenses in 2013: $48,351
Vail Community Chamber, Vail Chamber & Business Association: 

 $48,351
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2013: 1.2
Vail Community Chamber, Vail Chamber & Business Association: 

 1.2
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: 0.9%
Vail Community Chamber, Vail Chamber & Business Association: 

 0.9%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$128,424$48,286$57,203
Contributions, gifts, grants, and similar amounts received$25,000$0$500
Program service revenue including government fees and contracts$38,566$4,190$9,105
Membership dues and assessments$61,850$43,992$47,598
Investment income$8$1$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$3,000$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$103$0
Total expenses$140,632$50,500$48,351
Total net assets$7,464$5,250$14,102
Excess/Deficit for the year$-12,208$-2,214$8,852
Net assets or fund balances at beginning of year$19,672$7,464$5,250
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$5,250$14,102
Balance Sheets
201120122013
Total assets$14,471$5,501$22,829
Total liabilities$7,007$251$8,727
Net assets or fund balances$7,464$5,250$14,102
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Retail Merchant Assn Of Tidewater Va Inc, Ta Retail Alliance838 Granby St, Norfolk, VA 23510-2051VA2008-09$17,149,516
2San Joaquin Valley Winegrowers Association7030 N Fruit Avenue, Fresno, CA 93711-0782CA2008-11$175,202
3441 Heritage Corridor Inc300 North Thomas Street, Athens, GA 30601GA2000-07$56,377
4Mgma-Acmpe104 Inverness Ter E, Englewood, CO 80112-5313CO2012-03$24,762,142
5Telluride Montrose Regional Air OrganizationPO BOX 81435, Telluride, CO 81435CO2003-08$2,632,265
6Adaptive Spirit2329 West Main Street, Littleton, CO 80120-8210CO2012-09$1,307,968
7Theory Of Constraints International Professional Certification Assoc1620 S Shoshone St, Denver, CO 80223-3517CO2003-04$730,562
8Serving The American Rinks1775 Bob Johnson Dr, Colorado Spgs, CO 80906-4026CO2003-02$602,141
9Summit County Board Of RealtorsPO BOX 2397, Dillon, CO 80435-2397CO2009-03$574,391
10Visit Aurora Inc15151 E Alameda Pkwy Ste 5200, Aurora, CO 80012-1555CO2010-03$558,968
11Colorado Cleantech Industry Association Inc14062 Denver W Pkwy Bldg 52 Ste 300, Golden, CO 80401-3188CO2009-09$540,520
12Allied Finance Adjusters ConferencePO BOX 29744, Denver, CO 80229-0744CO2010-04$402,107
13Semi Conductor Test Consortium IncPO BOX 1016, Niwot, CO 80544-1016CO2005-02$380,625
14West Slope Colorado Oil & Gas AssociationPO BOX 89, Grand Jct, CO 81502-0089CO2014-07$362,575
15Rare Earth Industry And Technology Association8400 E Prentice Ave Ph 1500, Greenwood Vlg, CO 80111-2927CO2011-03$302,079
16Colorado Human Services Directors Association7190 Colorado Blvd, Commerce City, CO 80022-1812CO2013-01$278,500
17Clear Creek County Tourism Bureau IncPO BOX 100, Idaho Springs, CO 80452-0100CO2009-03$270,191
18Denver Patroleum Club L L C, Denver Petroleum ClubPo Box 6335, Denver, CO 80206CO2011-02$251,546
19Front Range Industry Liaison Group2000 16th Street, Denver, CO 80202-5158CO2013-11$231,150
20Hands-On Science Partnership Inc2546 15th St, Denver, CO 80211-3902CO2011-08$225,005
Number of organizations performing similar types of work
Alaska94
Alabama235
Arkansas185
Arizona346
California1,926
Colorado437
Connecticut191
District of Columbia411
Delaware63
Florida987
Georgia500
Hawaii127
Iowa226
Idaho137
Illinois781
Indiana331
Kansas211
Kentucky222
Louisiana232
Massachusetts358
Maryland360
Maine108
Michigan504
Minnesota341
Missouri377
Mississippi119
Montana114
North Carolina452
North Dakota65
Nebraska146
New Hampshire92
New Jersey401
New Mexico156
Nevada171
New York967
Ohio640
Oklahoma208
Oregon366
Pennsylvania679
Rhode Island73
South Carolina192
South Dakota91
Tennessee282
Texas1,208
Utah166
Virginia613
Vermont69
Washington451
Wisconsin359
West Virginia109
Wyoming44
International34
Total17,957

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