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MONTICELLO AREA CHAMBER OF COMMERCE

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Tax-exempt status may be revoked

MONTICELLO AREA CHAMBER OF COMMERCE

EIN 42-1345246 · Chambers of Commerce & Business Leagues (S41)

What they do

PROMOTE MONTICELLO AREA BUSINESS & COMMUNITY GROWTH

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.56%of revenue went to mission work100.0% of expenses · Program services
$103.27spent for every $100 of revenueSpending was higher than revenue this year.
$1.96in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,628 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$63,045
Mission workProgram services$51,41981.56% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$11,62618.44% of revenueShown in gray on the chart
Total expenses$51,41981.56% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2020CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 81.56% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 101.72% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 88.86% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 114.30% of revenue
2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 105.50% of revenue

Money in and money out

Revenue$49,791
Expenses$51,419
Annual shortfall $1,628 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$51,419 · 100.0% of expenses
See all reported dollar amounts
Revenue$49,791
Expenses$51,419
Assets$100,701
Income$68,439
Mission work (program services)$51,419
People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (9)

ANGIE MEYERDIRECTOR

ASHLEY FAUSTDIRECTOR

CHRIS BROKAWPRESIDENT

DR LINDSEY MEYERDIRECTOR

JARED LASLEYVICE PRESIDENT

KRIS BARNHARTDIRECTOR

LISA FOLKENVICE PRESIDENT

MAUREEN GRONSTALDIRECTOR

RAE ANN MANTERNACHDIRECTOR

About this charity

Recognized since
January 2025
Location
204 E 1ST ST, MONTICELLO, IA 52310-1501
County
Jones
In care of
% MEGAN BEAMAN
Primary officer
CHRIS BROKAW, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
January 1, 2020
Return type
990EZ
Tax preparer
KIMBERLY K SAUSER CPA
NTEE classification
Chambers of Commerce & Business Leagues (S41)
IRS tax category
Professional Athletic Leagues
Revocation date
May 15, 2024

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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