King Chamber Of Commerce
- Assets
- $36.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- King, NC
- Founding
- 12/1996
- Data as of
- 12/2023
- EIN
- 56-1632255
Organization Overview
King Chamber Of Commerce is located in King, NC. The organization was established in 1996. 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. King 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 12/2023, King Chamber Of Commerce generated $106.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $96.2k during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Loveday Executive Di | 0 | $38,740 | |
Scott Tedder Treasurer | 0 | $0 | |
Nicholas Overby Board | 0 | $0 | |
Doug Rose Board | 0 | $0 | |
Whitney Bray Board | 0 | $0 | |
Christina Brunner Board | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $44,319 |
| Investment income | $144 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $50,768 |
| Other Revenue | $8,151 |
| Total Revenue | $106,882 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,715 |
| Professional fees and other payments to independent contractors | $6,049 |
| Occupancy, rent, utilities, and maintenance | $19,336 |
| Printing, publications, postage, and shipping | $223 |
| Other expenses | $12,875 |
| Total expenses | $96,198 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,192 |
| Other assets | $0 |
| Total assets | $36,192 |
| Total liabilities | $286 |
| Net assets or fund balances | $35,906 |