Polk County Chamber Foundation Inc
- Assets
- $128.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tryon, NC
- Founding
- 11/1999
- Data as of
- 06/2022
- EIN
- 56-2155113
Organization Overview
Polk County Chamber Foundation Inc is located in Tryon, NC. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Polk County Chamber Foundation Inc 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 06/2022, Polk County Chamber Foundation Inc generated $52.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $50.4k during the year ending 06/2022. While expenses have increased by 19.6% per year over the past 7 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
PROVIDED OPERATING SPACE FOR LOCAL CHAMBER OF COMMERCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracie Hansen Vice-President | 1 | $0 | |
Catina Gray President | 1 | $0 | |
Sarah Leatham Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,884 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,987 |
| Other Revenue | $0 |
| Total Revenue | $52,897 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $1,095 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,320 |
| Total expenses | $50,415 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,638 |
| Other assets | $0 |
| Total assets | $128,437 |
| Total liabilities | $7,044 |
| Net assets or fund balances | $121,393 |