2025-2026 Chamber of Commerce Budget
Approved Budget Approved Budget Approved Budget
REVENUE 2023 - 2024 2024-2025 2025-2026
Membership-Renewals $35,000.00 $30,000.00 $45,000.00
Membership-New $15,000.00 $20,000.00 $25,000.00
Networking Luncheons $5,000.00 $9,000.00 $5,000.00
Installation & Awards $5,000.00 $15,000.00 $12,000.00
Holiday Luncheon $3,000.00 $10,000.00 $12,000.00
City Council Reception $1,000.00 $1,000.00 $1,000.00
Principal for a Day $1,000.00 $2,000.00 $1,000.00
Legislative Luncheon $15,000.00 $15,000.00 $12,000.00
Cocktail Connections/Mixers $5,400.00 $1,000.00
Certificates of Origin $5,000.00 $5,000.00 $6,000.00
Annual fundraiser $25,000.00 $40,000.00 $30,000.00
City Funding $50,000.00 $50,000.00 $50,000.00
Business Expo & Career Fair $6,000.00 $1,000.00
Directory Publication $2,500.00 $2,500.00
Misc events $4,000.00 $5,000.00
Chamber Champions $52,000.00 $52,000.00 $52,000.00
Grants $5,000.00 $20,000.00 $20,000.00
TOTAL REVENUE $217,000.00 $286,900.00 $280,500.00
OPERATING EXPENSES
Dues & Subscription $3,000.00 $3,000.00 $4,000.00
Marketing/Promotion $3,000.00 $3,000.00 $4,500.00
Business Insurance/worker's comp $3,500.00 $3,000.00 $3,000.00 Legal & Accounting $3,500.00 $3,500.00 $3,200.00
Licenses & Permits $4.00 $4.00 $4.00
Payroll Service Fees $2,500.00 $2,000.00 $0.00
Office Supplies $2,500.00 $2,500.00 $2,000.00
Copies/printing $500.00 $500.00 $500.00
Travel $5,000.00 $6,500.00 $5,000.00
Postage $500.00 $350.00 $250.00
Membership Plaques /decals/ $1,000.00 $2,000.00 $2,000.00 names tags/business cards $800.00
Utilities $2,400.00
Rent $29,000.00 $36,000.00 $36,000.00
Professional Services/Website-Uniko $8,000.00 $8,000.00 $7,000.00 Office Equipment $2,000.00 $2,000.00 $2,500.00
Lease Equipment $1,500.00 $1,500.00 $1,550.00
Hospitality $1,000.00 $2,500.00 $1,500.00
State Business Taxes $200.00 $300.00 $300.00
Salary & Wages $117,000.00 $125,000.00 $132,000.00
Employer Taxes $10,000.00 $8,000.00 $9,000.00
Telephone/Internet $4,000.00 $3,600.00 $3,800.00
Legislative Luncheon $11,000.00 $10,000.00
Chamber Master $3,500.00 $2,500.00 $2,000.00
IEDL Loan $2,500.00 $4,500.00 $3,000.00
501 C3 Foundation expences $400.00 $400.00 $500.00
Bank & Merchant fees $4,000.00 $3,000.00 $2,500.00
Attachment 1
2021-2022
Installation & Awards $13,000.00 $11,000.00
Milage reimbursrment $500.00 $300.00 $0.00
Cell reimbursement $800.00 $500.00 $500.00
BOD Retreat/stratigic planning $2,000.00 $1,500.00
Holiday for Hereos $12,000.00 $10,000.00
Networking Luncheon expences $500.00 $5,200.00 $4,000.00 Misc events $2,500.00 $2,500.00
Annual fundraiser $15,000.00 $11,000.00
Principal for a Day $1,500.00 $500.00
Surplus $4,066.00 $246.00 $196.00
NET OPERATING EXPENSES $209,404.00 $286,654.00 $280,304.00