Four Oaks Chamber Of Commerce is located in Four Oaks, NC.
For the year ending 12/2022, Four Oaks Chamber Of Commerce generated $58.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $64.4k during the year ending 12/2022. While expenses have increased by 4.8% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ACORN FESTIVAL,FOUR OAKS PROUD CAMPAIGN, AND SWAP MEET/CAR SHOW ARE COMMUNITY EVENTS THAT HELP PROMOTE LOCAL COMMERCE AND BUSINESS IN THE FOUR OAKS AREA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Barbour President | 10 | $0 | |
Timothy Grady Treasurer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,710 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,201 |
| Other Revenue | $37,306 |
| Total Revenue | $58,815 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,104 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,028 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,265 |
| Total expenses | $64,397 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,554 |
| Other assets | $0 |
| Total assets | $8,554 |
| Total liabilities | $2,995 |
| Net assets or fund balances | $5,559 |