Emporia Greensville Chamber Of Commerce
- Assets
- $127.4k
- Revenue
- $74.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Emporia, VA
- Founding
- 10/1981
- Data as of
- 04/2021
- EIN
- 54-0203971
Organization Overview
Emporia Greensville Chamber Of Commerce is located in Emporia, VA. The organization was established in 1981. 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. As of 04/2021, Emporia Greensville Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emporia Greensville 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 04/2021, Emporia Greensville Chamber Of Commerce generated $74.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $76.1k during the year ending 04/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO UNITE INDIVIDUALS, BUSINESS PROFESSIONALS, AND COMMUNITY LEADERS, STRIVING TO HELP ITS MEMBERS PROSPER AND IMPROVE THE QUALITY OF LIFE AND BUSINESS CLIMATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO UNITE INDIVIDUALS, BUSINESS PROFESSIONALS, AND COMMUNITY LEADERS, STRIVING TO HELP ITS MEMBERS PROSPER AND IMPROVE THE QUALITY OF LIFE AND BUSINESS CLIMATE
THE VIRGINIA PEANUT FESTIVAL - TO UNITE INDIVIDUALS, BUSINESS PROFESSIONALS, AND COMMUNITY LEADERS, STRIVING TO HELP ITS MEMBERS PROSPER AND IMPROVE THE QUALITY OF LIFE AND BUSINESS CLIMATE WHILE CELEBRATING THE AGRICULTURAL HISTORY OF THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Will Robinson Vice Preside | OfficerTrustee | $0 | |
Laverne Jolly Treasurer | OfficerTrustee | $0 | |
Moe Ghassemi Director | Trustee | $0 | |
Preston Battle Director | Trustee | $0 | |
Randi Kei Director | Trustee | $0 | |
Carolyn Powers Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,690 |
| Investment income | $604 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,024 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,454 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,112 |
| Fees for services: Management | $2,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,662 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,128 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $176 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $76,080 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,286 |
| Savings and temporary cash investments | $78,088 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $127,374 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $189 |
| Total liabilities | $189 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $127,185 |
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|---|---|---|
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