Inman Chamber Of Commerce
- Assets
- $37.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Inman, SC
- Founding
- 10/1991
- Data as of
- 12/2021
- EIN
- 57-0763429
Organization Overview
Inman Chamber Of Commerce is located in Inman, SC. The organization was established in 1991. 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. Inman 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 12/2021, Inman Chamber Of Commerce generated $43.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $29.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTED ECONOMIC GROWTH AND BUSINESS FOR THE TOWN OF INMAN AS WELL AS HOST THE ANNUAL HARVEST DAY FESTIVAL TO ATTRACT BUSINESS FOR INMAN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teri Newmark Vp-Sec | 15 | $0 | |
Cliff Newmark Treasurer | 5 | $0 | |
David Grayshock President | 25 | $0 | |
Tom Plemmons Economic Devel | 8 | $0 | |
Wanda Ballenger Event Chair | 24 | $0 | |
Karen Bush Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,675 |
| Total Program Service Revenue | $29,905 |
| Membership dues | $7,856 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,736 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $720 |
| Printing, publications, postage, and shipping | $147 |
| Other expenses | $26,509 |
| Total expenses | $29,271 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,948 |
| Other assets | $0 |
| Total assets | $37,897 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,897 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Inman Chamber Of Commerce has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Inman-Riverdale Foundation Inman, SC PURPOSE: GENERAL PURPOSE | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Zinc Association Durham, NC | $9,583,285 | $9,824,037 |
Corenet Global Inc Atlanta, GA | $22,405,208 | $10,074,155 |
North American Transmission Forum Inc Charlotte, NC | $10,236,042 | $8,601,218 |
North Carolina Association Of Cpas Raleigh, NC | $10,162,234 | $7,194,699 |
Charlotte Regional Business Alliance Charlotte, NC | $7,391,454 | $7,941,534 |
Highpoint International Home Furnis Hings Market Authority Corp High Point, NC | $6,441,488 | $7,467,309 |
Allinial Global Lawrenceville, GA | $3,508,006 | $7,173,344 |
New Durham Corporation Durham, NC | $203,681,091 | $6,567,478 |
American Society Of Echocardiography Incorporated Durham, NC | $13,829,429 | $8,348,345 |
Georgia Chamber Of Commerce Inc Atlanta, GA | $7,473,907 | $7,231,952 |
Georgia Society Of Certified Public Accountants Inc Atlanta, GA | $8,640,811 | $5,890,900 |
North Carolina Chamber Raleigh, NC | $5,379,705 | $5,813,998 |