Mt Sterling Montgomery County Chamber Of Commerce

Organization Overview

Mt Sterling Montgomery County Chamber Of Commerce is located in Mt Sterling, KY. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Sterling Montgomery County Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2022, Mt Sterling Montgomery County Chamber Of Commerce generated $139.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $119.5k during the year ending 06/2022. While expenses have increased by 4.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

THE CHAMBER'S MISSION IS TO ADVANCE THE COMMERCIAL, AGRICULTURAL, INDUSTRIAL AND CIVIC INTERESTS OF MOUNT STERLING AND MONTGOMERY COUNTY, KY AND ITS TRADE AREA.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$65,000
Membership dues$51,581
Investment income $9,570
Gain or Loss$0
Net Income from Gaming & Fundraising-$1,010
Other Revenue$13,837
Total Revenue$138,978

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mt Sterling Montgomery County Chamber Of Commerce has recieved totaling $5,000.

Awarding OrganizationAmount
Blue Grass Community Foundation Inc

Lexington, KY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$5,000
View Grant Recipient Profile

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