Altoona Chamber of Commerce of Altoona Iowa is a 501(c)(6) organization based in Altoona, Iowa, registered in 1980, with $252,408 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$252K
▲ 2.0% vs prior year
Community median: $184K
Expenses (FY2024)
$253K
Net assets
$9,599
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Altoona Chamber of Commerce of Altoona Iowa— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Altoona Chamber of Commerce of Altoona Iowa: 0 mo reserves · -0% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Altoona Chamber of Commerce of Altoona Iowa— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Altoona Chamber of Commerce of Altoona Iowa: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $142K (FY2011) to $252K (FY2024) across 14 reported years.
Financial snapshot
Operating margin
-0.1%
Spent more than it raised in the latest fiscal year.
Total assets
$75K
Total liabilities
$65K
Net assets
$9,599
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $252,408▲2.0% | $252,678▼6.6% | $9,599▼2.7% | $74,840▼17.5% | 990 |
| 2023 | $247,484▼9.9% | $270,483▲8.3% | $9,869▼70.0% | $90,745▼26.2% | 990 |
| 2022 | $274,549▲31.3% | $249,799▲18.6% | $32,868▲305% | $122,960▲21.6% | 990 |
| 2021 | $209,062▲3.4% | $210,591▲0.6% | $8,118▼15.8% | $101,110▲25.4% | 990 |
| 2020 | $202,230▼6.9% | $209,349▼5.9% | $9,647▼34.7% | $80,621▼4.6% | 990 |
| 2019 | $217,281▲0.6% | $222,539▲2.8% | $14,766▼26.3% | $84,525▼14.8% | 990 |
| 2018 | $216,007▼2.2% | $216,510▼2.2% | $20,024▼2.5% | $99,229▼0.9% | 990 |
| 2017 | $220,757▲27.5% | $221,311▲37.9% | $20,527▼2.6% | $100,142▲3.8% | 990 |
| 2016 | $173,155▲5.3% | $160,530▲1.1% | $21,081▲149% | $96,517▲17.0% | 990 |
| 2015 | $164,433▲8.0% | $158,706▲3.1% | $8,456▲210% | $82,495▲13.4% | 990 |
| 2014 | $152,305▲5.7% | $153,903▲3.4% | $2,729▼36.9% | $72,728▼12.4% | 990EZ |
| 2013 | $144,044▲6.3% | $148,785▲2.1% | $4,327▼52.3% | $83,013▼4.2% | 990EZ |
| 2012 | $135,447▼4.5% | $145,795▼7.7% | $9,068▼53.3% | $86,666▼10.2% | 990EZ |
| 2011 | $141,823 | $157,961 | $19,416 | $96,475 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to Altoona Chamber of Commerce of Altoona Iowa totaling $58K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Prairie Meadows Race Track & Casino Inc | Olde town altoona revitalization segue mural project lighting | 2024 | $15,000 |
| Prairie Meadows Race Track & Casino Inc | Olde town altoona revitalization segue project | 2022 | $20,000 |
| Prairie Meadows Race Track & Casino Inc | Rvtv comes to altoona | 2022 | $10,000 |
| Prairie Meadows Race Track & Casino Inc | Annual awards table | 2021 | $6,115 |
| Prairie Meadows Race Track & Casino Inc | 2020 annual awards table | 2020 | $6,927 |
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Data for Altoona Chamber of Commerce of Altoona Iowa (EIN 42-1146309) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.