Fanning Springs Chamber Of Commerce Inc is located in Fanning Springs, FL. The organization was established in 2018. 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. Fanning Springs Chamber Of Commerce Inc 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 08/2023, Fanning Springs Chamber Of Commerce Inc generated $10.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $12.2k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 6 years. 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
2023
Describe the Organization's Program Activity:
Part 3
DEVELOPING AND PROMOTING AN ATTRACTIVE BUSINESS ENVIRONMENT THAT PROVIDES OPPORTUNITIES FOR ECONOMIC GROWTH FOR THE GREATER FANNING SPRINGS AREA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennie Heath Secretary | 0 | $0 | |
Tom Andresen Vice President | 0 | $0 | |
Steve Crews President | 0 | $0 | |
Tricia Turner Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $650 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,909 |
| Other Revenue | $0 |
| Total Revenue | $10,559 |
| 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 | $8,867 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,358 |
| Other expenses | $0 |
| Total expenses | $12,225 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,812 |
| Other assets | $0 |
| Total assets | $5,812 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,812 |