Greater Abbeville Chamber Of Commerce is located in Abbeville, SC. The organization was established in 1983. 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. Greater Abbeville 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 06/2024, Greater Abbeville Chamber Of Commerce generated $62.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $61.6k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 years. 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
2024
Describe the Organization's Program Activity:
Part 3
SPONSORSHIP AND MANAGEMENT OF COMMUNITY EVENTS IN ORDER TO RAISE AWARENESS OF LOCAL BUSINESS AND TO PROMOTE TOURISM ATTRACTIONS WITHIN THE COUNTY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Stone Board Member | 1 | $0 | |
Amy Simpson Board Member | 1 | $0 | |
Anna Lagrone Executive Di | 40 | $26,780 | |
Erica Mccier Board Member | 1 | $0 | |
Jennifer Swearingen Board Member | 1 | $0 | |
Karen Sherwood Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,400 |
| Total Program Service Revenue | $118 |
| Membership dues | $19,368 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $286 |
| Other Revenue | $0 |
| Total Revenue | $62,172 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,677 |
| Professional fees and other payments to independent contractors | $5,379 |
| Occupancy, rent, utilities, and maintenance | $7,222 |
| Printing, publications, postage, and shipping | $6,066 |
| Other expenses | $13,287 |
| Total expenses | $61,631 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,978 |
| Other assets | $0 |
| Total assets | $29,978 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,978 |