Marion Chamber Of Commerce
- Assets
- $53.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, SC
- Founding
- 05/2001
- Data as of
- 12/2022
- EIN
- 57-0369388
Organization Overview
Marion Chamber Of Commerce is located in Marion, SC. The organization was established in 2001. 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. Marion 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 12/2022, Marion Chamber Of Commerce generated $31.3k 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 (4.8%) each year. All expenses for the organization totaled $45.6k during the year ending 12/2022. 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
PROVIDE ECONOMIC, EDUCATIONAL AND PROMOTIONAL SUPPORT FOR THE CITY OF MARION AND ITS RESIDENCES. PROMOTES ECONOMIC GROWTH FOR THE CITY OF MARION AND SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Rogers Executive Direc | 30 | $25,000 | |
Jason Richardson Director | 0 | $0 | |
Audrey Wiggins President | 0 | $0 | |
Byron Beck Vice President | 0 | $0 | |
Richard Marsh Director | 0 | $0 | |
James Brogdon Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,577 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,514 |
| Investment income | $283 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,878 |
| Other Revenue | $0 |
| Total Revenue | $31,252 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,892 |
| Professional fees and other payments to independent contractors | $220 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $674 |
| Other expenses | $17,827 |
| Total expenses | $45,613 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,693 |
| Other assets | $0 |
| Total assets | $53,323 |
| Total liabilities | $18,799 |
| Net assets or fund balances | $34,524 |