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Iowa · Nonprofit

SPENCER CHAMBER OF COMMERCE

SPENCER CHAMBER OF COMMERCE (Iowa) receives grants from 2 organizations whose IRS filings report $205,576 to it, the largest being SPENCER MAIN STREET COMPANY ($200,576). 0 of them have funded it in more than one year.

Revenue FY2025
$396k
Funders on record
2
Grants received
$206k
Net assets
$152k
0/2 repeat funderspeak grant-dependency 53%
01What it does

What Spencer Chamber of Commerce does

Mission

Promote civic, economic, industrial, and agricultural development. The association is committed to fostering an environment which creates jobs, enhances economic opportuinities, and improves the quality of life in the area.

As stated on its FY2025 Form 990.

Programs

On its FY2024 return the organization reported a significant change in how it conducts a program.

The chamber moved their educational programs to the chamber foundation a 501c3.

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. Work Based Learning-a program in collabration with the local school to provide job experiences to high school seniors with local businesses.

    $14,513 spent
    38% of program spending

  2. Gift card program allows citizens and businesses to purchase gift cards to be used at participating businesses.

    $7,264 spent$6,522 earned by the program
    19% of program spending

  3. County tourism-providing marketing to clay county

    $5,365 spent$50,000 earned by the program
    14% of program spending

  4. Retail kickstart provides grants to businesses starting or expanding in the community along with participation from local banks

    $5,000 spent$35,000 earned by the program
    13% of program spending

  5. Annual Meeting- A social event used for networking as well as updates on how the Chamber benefits members and financial status reports.

    $2,514 spent
    7% of program spending

  6. Young professionals

    $2,029 spent$4,516 earned by the program
    5% of program spending

  7. Membership development-provide events to community members to promote growth and professional development in local businesses.

    $1,558 spent
    4% of program spending

The 7 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $38,243.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($396k) Expenses 100 ($369k) Net assets 100 ($154k)2018 Revenue 80 ($318k) Expenses 79 ($293k) Net assets 117 ($180k)2019 Revenue 80 ($317k) Expenses 81 ($300k) Net assets 128 ($197k)2020 Revenue 73 ($289k) Expenses 84 ($309k) Net assets 115 ($177k)2021 Revenue 93 ($368k) Expenses 85 ($313k) Net assets 151 ($232k)2022 Revenue 86 ($341k) Expenses 91 ($336k) Net assets 153 ($236k)2023 Revenue 96 ($381k) Expenses 107 ($396k) Net assets 144 ($222k)2024 Revenue 76 ($303k) Expenses 112 ($414k) Net assets 72 ($110k)2025 Revenue 100 ($396k) Expenses 96 ($355k) Net assets 99 ($152k)
'17'18'19'20'21'22'23'24'25
Revenue (100)Expenses (96)Net assets (99)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $238k to $180k (−24%).

$230k
$229k
$238k
$180k
$236k
$240k
$228k
$255k
$251k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 14% · 2018 17% · 2019 17% · 2020 19% · 2021 37% · 2022 15% · 2023 29% · 2024 31% · 2025 13%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$27k
’17
$26k
’18
$18k
’19
−$21k
’20
$55k
’21
$4k
’22
−$15k
’23
−$111k
’24
$41k
’25
5.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed101010101010101010
Joined·+0+2+1+2+0+1+7+0
No longer listed·02120170
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'24*
total
funders
1
1

From the IRS filings of SPENCER CHAMBER OF COMMERCE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SPENCER CHAMBER OF COMMERCE leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SPENCER CHAMBER OF COMMERCE.

98%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

98% of SPENCER CHAMBER OF COMMERCE's grant income comes from Iowa funders.

IA
NJ

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like SPENCER CHAMBER OF COMMERCE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Charles City Area Chamber of Commerce79%Spencer Chamber of Commerce Foundation79%Spencer Main Street Company78%Council Bluffs Chamber of Commerce78%Mason City Chamber of Commerce78%Siouxland Chamber of Commerce78%Decorah Area Chamber of Commerce78%Centerville Chamber of Commerce77%

Nationally

Springfieldclark County Chamber of Commerce82%Scranton Chamber of Commerce81%Chamber of Business & Industry of Centre81%Springfield Area Chamber of Commerce Inc81%Seneca County Chamber of Commerce80%Greater Carlisle Area Chamber of Commerce80%Streator Area Chamber of Commerce80%Sanford-Lee County Partnership for Prosperity80%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

10% of spending goes to programs.

Program 10%Management 90%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for SPENCER CHAMBER OF COMMERCE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SPENCER CHAMBER OF COMMERCE?
SPENCER CHAMBER OF COMMERCE (Iowa) receives grants from 2 organizations whose IRS filings report $205,576 to it, the largest being SPENCER MAIN STREET COMPANY ($200,576). 0 of them have funded it in more than one year.
How many funders does SPENCER CHAMBER OF COMMERCE have?
IRS filings report 2 organizations giving $205,576 in grants to SPENCER CHAMBER OF COMMERCE.
Who is the largest funder of SPENCER CHAMBER OF COMMERCE?
SPENCER MAIN STREET COMPANY is the largest funder on record, with $200,576 in grants. The full list of funders is on this page.
How can an organization like SPENCER CHAMBER OF COMMERCE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Spencer Chamber of Commerce →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing