Sumter Chamber Of Commerce Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sumter, SC
- Founding
- 09/1994
- Data as of
- 03/2024
- EIN
- 57-0811012
Organization Overview
Sumter Chamber Of Commerce Foundation is located in Sumter, SC. The organization was established in 1994. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Sumter Chamber Of Commerce Foundation 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 03/2024, Sumter Chamber Of Commerce Foundation generated $500.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (43.4%) each year. All expenses for the organization totaled $2.1k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (34.7%) per year over the past 9 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
AIM IS FOR THE ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS, MATTERS OF PUBLIC CONCERN, FINANCE, EDUCATION & TRAINING, HOUSING, HUMAN RELATIONS, PROBLEMS OF MINORITY GROUPS, SCIENCE & TECHNOLOGY, ECONOMIC PLANNING & DEVELOPMENT, INTERNATIONAL RELATIONS, AND OTHER SUBJECTS TO IMPROVE EFFICIENCY, DEVELOPMENT, AND ACCELERATION OF BOTH THE QUALITY AND QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNITIES IN THE GREATER SUMTER AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Davis Chair | 0 | $0 | |
Cheryl Baker Chair Elect | 0 | $0 | |
Cary Coker Immediate Pa | 0 | $0 | |
Patina Calhoun Vice Chair S | 0 | $0 | |
David Eargle Director | 0 | $0 | |
Chris Hardy Executive Di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $500 |
| 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 | $452 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,650 |
| Total expenses | $2,102 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $5,509 |
| Net assets or fund balances | -$5,509 |