HomeMy WebLinkAboutNorth Hood Canal Chamber of Commerce 2nd � Y
EXHIBT C 2nd QUARTER 2025 Due by July 31" to afmckni. i tetve()
REPORT
AUG 0 4 2025
Organization: JE ' -Ei'aG•
s COUNTY
North Hood Canal Chamber of Commerce COMMISSIONERS
Contact person:
Andrew Schwartz
Ex. Director
Mailing Address:
PO BOX 774,Quilcene,WA 98376
Phone Number/Email:
(360)726-3023/admin@nhccc.com
CM
1. LTAC Funds received from the County 2nd QTR:
ORGANIZATION Total Total Overspent Refund TOTAL I" TOTAL
Amount Received (+) Required QTR 2nd QTR
Awarded From Underspent LTAC LTAC
by JeffCo (-)of FUNDS FUNDS
JeffCo LTAC SPENT SPENT
funds
North Hood $50,000 $50,000 -17,497.89 $0 $12,586.43 $19,915.68
Canal Chamber
2. LTAC funds spent by your organization 4th QTR(include 200 word limit regarding activities and funds spent
with and itemized statement and supporting documentation ie: invoices paid,receipts of payment,):
LTAC Funds spent by NHCCC for 2nd QTR 2025 are:$19,915.68
-The expenses were used to cover professional services/employee-staff payroll, meeting expenses,general
operating expenses,and professional and administrative costs(see report attached/NHCCC LTAC Income &
Expense 2nd QTR 2025 report)
3. LTAC funds balance remaining 2nd QTR:
$ 17,497.89
4. Please attach your organization's report for all revenue,marketing,services,programs and activities of the
prior January through March (1st Qtr 2025).
See Attached Q1 2025 report
This report and any attachments may be subject to disclosure as a public record under the Public Records Act, RCW
Chapter 42.56. A minimum of six years,you must maintain documented proof of payments made, contracts executed
and other expenditures authorized under your Agreement with Jefferson County. Upon reasonable notice,you must be
able to provide access to County or State representatives to audit those records.
North Hood Canal Chamber of Commerce
LTAX Income and Expense for 2nd Quarter 2025
April -June, 2025
Total
Revenue
Total 5 Earned Income(Revenue) $ 50,075.78
Expenditures
Total 7 Program Services $ 12,038.48
Total 8 Adminstrative Expense $ 2,328.14
Total Payroll Expenses $ 5,548.37
QuickBooks Payments Fees 0.69
Total Expenditures $ 19,915.68
Net Operating Revenue $ 30,160.10
Net Revenue $ 30,160.10
North Hood Canal Chamber of Commerce
LTAX Income Expense for Quarter and YTD
January-March,2025
Total
Revenue
5 Earned Income(Revenue)
5210 Dues,Member
5211 Dues,Membership $ 872.55
Total 5210 Dues,Member $ 872.55
5310 Interest on checking/savings $ 0.57
5450 Advertising revenue $ 20.00
Total 5 Earned Income(Revenue) $ 893.12
Total Revenue $ 893.12
Gross Profit $ 893.12
Expenditures
7 Program Services
7000 Grant&program expense
7060 Meeting Expense
7061 Chamber Mixer $ 493.20
7063 Meeting Refresh/Supplies $ 19.84
Total 7060 Meeting Expense $ 513.04
Total 7000 Grant&program expense $ 513.04
7500 Outside services
7520 Accounting fees $ 40.50
7540 Professional fees $ 1.923.08
Total 7500 Outside services $ 1,963.58
Total 7 Program Services $ 2,476.62
8 Adminstrative Expense
8100 Nonpersonnel expenses
8106 Dues&Subscriptions $ 513.67
8110 Supplies $ 86.03
Total 8100 Nonpersonnel expenses $ 599.70 8200 Facility&equipment expenses
8210 Facility Rental $ 365.00
Total 8200 Facility&equipment expenses $ 365.00
8300 Travel&meetings expenses
8320 Conferences,meetings $ 214.83
Total 8300 Travel&meetings expenses $ 214.83
8500 Other expenses
8570 Advertising and promotion $ 159.00
8579 Sponsorships $ 275.00
Total 8570 Advertising and promotion $ 434.00
8591 Bank charges&credit card disc $ 25.00
Total 8500 Other expenses $ 459.00
Total 8 Adminstrative Expense $ 1,638.53
Payroll Expenses
Payroll Taxes $ 3,379.47
Wages&Salaries $ 10,527.30
Total Payroll Expenses $ 8,466.33
QuickBooks Payments Fees $ 4.95
Total Expenditures $ 12,586.43
Net Operating Revenue $ (11,693.31)
Net Revenue $ (11,693.31)
North Hood Canal Chamber of Commerce
LTAX Income Expense for Quarter and YTD
April -June, 2025
TOTAL
Revenue
5 Earned Income(Revenue)
5040 Local government contracts
5041 LTAX Chamber of Commerce Grant 50,000.00
Total 5040 Local government contracts 50,000.00
5210 Dues,Member
5211 Dues, Membership 75.00
Total 5210 Dues,Member 75.00
5310 Interest on checking/savings 0.78
Total 5 Earned Income(Revenue) 50,075.78
Total Revenue $50,075.78
GROSS PROFIT $50,075.78
Expenditures
7 Program Services
7500 Outside services
7520 Accounting fees 500.00
7540 Professional fees 11,538.48
Total 7500 Outside services 12,038.48
Total 7 Program Services 12,038.48
8 Adminstrative Expense
8100 Nonpersonnel expenses
8106 Dues&Subscriptions 484.14
Total 8100 Nonpersonnel expenses 484.14
8500 Other expenses
8520 Insurance 1,675.00
8560 Outside computer services 69.00
8570 Advertising and promotion
8579 Sponsorships 100.00
Total 8570 Advertising and promotion 100.00
Total 8500 Other expenses 1,844.00
Total 8 Adminstrative Expense 2,328.14
Payroll Expenses
Taxes 630.52
Wages 4,917.85
Total Payroll Expenses 5,548.37
QuickBooks Payments Fees 0.69
Total Expenditures $19,915.68
NET OPERATING REVENUE $30,160.10
NET REVENUE $30,160.10
Cash Basis Sunday, August 3, 2025 10:13 AM GMT-07:00