Chamber Foundation Of Effingham County is located in Effingham, IL. The organization was established in 2014. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chamber Foundation Of Effingham County is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Chamber Foundation Of Effingham County generated $11.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $68.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE CHAMBER FOUNDATION AWARDED 8 SCHOLARSHIPS TO EFFINGHAM COUNTY RESIDENTS TO ASSIST WITH HIGHER EDUCATION EXPENSES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucinda Hart Director | 0.5 | $0 | |
Norma Lansing Board Member | 0.5 | $0 | |
Matt Cekander Treasurer | 0.5 | $0 | |
Jay Buehnerkemper Board Member | 0.5 | $0 | |
Jeff Speer President | 0.5 | $0 | |
Chris Swing Secretary | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $191 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11,291 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,482 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $67,835 |
| Total expenses | $68,635 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,452 |
| Other assets | $0 |
| Total assets | $55,452 |
| Total liabilities | $2,338 |
| Net assets or fund balances | $53,114 |