Athens Chamber Of Commerce Inc
- Assets
- $581.3k
- Revenue
- $510.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Athens, GA
- Founding
- 09/1974
- Data as of
- 12/2020
- EIN
- 58-0144673
Organization Overview
Athens Chamber Of Commerce Inc is located in Athens, GA. The organization was established in 1974. 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. Athens Chamber Of Commerce Inc 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 12/2020, Athens Chamber Of Commerce Inc generated $510.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $558.8k during the year ending 12/2020. While expenses have increased by 2.2% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY AND BUSINESS DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDRAISING, MEMBERSHIP, AND SPECIAL EVENTS HOSTED TO HELP
FUNDRAISING, MEMBERSHIP, AND SPECIAL EVENTS HOSTED TO HELP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Bradley President | 40 | $135,000 | |
Brannen Lindas Director | Officer | 40 | $47,692 |
Chuck Toney Co-Chair | Officer | 4 | $0 |
Montez Carter Co Chair | Officer | 4 | $0 |
Doug Brouillar Executive Comm | Trustee | 1 | $0 |
Trevor Jones Executive | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $244,817 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,817 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $509,960 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $272,816 |
| Pension plan accruals and contributions | $6,153 |
| Other employee benefits | $0 |
| Payroll taxes | $23,946 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30 |
| Fees for services: Accounting | $1,610 |
| Fees for services: Lobbying | $3,470 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,899 |
| Office expenses | $6,941 |
| Information technology | $10,299 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $78,797 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $21,008 |
| All other expenses | $0 |
| Total functional expenses | $558,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,462 |
| Savings and temporary cash investments | $471,020 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,934 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,849 |
| Total assets | $581,265 |
| Accounts payable and accrued expenses | $972 |
| Grants payable | $0 |
| Deferred revenue | $73,250 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $74,222 |
| Net assets without donor restrictions | $399,930 |
| Net assets with donor restrictions | $107,113 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $581,265 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Athens Chamber Of Commerce Inc has recieved totaling $53,250.
| Awarding Organization | Amount |
|---|---|
Piedmont Athens Regional Medical Center Inc Athens, GA PURPOSE: PROGRAM SUPPORT | $10,000 |
Piedmont Athens Regional Medical Center Inc Athens, GA PURPOSE: PROGRAM SUPPORT | $10,000 |
Piedmont Athens Regional Medical Center Inc Athens, GA PURPOSE: PROGRAM SUPPORT | $10,000 |
St Marys Health Care System Inc Athens, GA PURPOSE: SPONSORSHIP | $7,750 |
St Marys Health Care System Inc Athens, GA PURPOSE: SPONSORSHIP | $7,750 |
St Marys Health Care System Inc Athens, GA PURPOSE: SPONSORSHIP | $7,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
North American Electric Reliabilitycorporation Atlanta, GA | $65,227,333 | $81,782,902 |
Gsma Ltd Atlanta, GA | $262,728,803 | $123,320,595 |
Institute Of Internal Auditors Lake Mary, FL | $101,351,692 | $59,361,984 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Florida Association Of Realtors Orlando, FL | $96,568,925 | $47,578,542 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
Unc Management Company Inc Chapel Hill, NC | $53,097,067 | $30,528,524 |
American Welding Society Inc Miami, FL | $147,619,451 | $41,705,708 |
Serc Reliability Corporation Charlotte, NC | $16,241,101 | $25,718,150 |
American Society Of Heating Refrigerating & A-C Engineers Peachtree Corners, GA | $58,779,760 | $22,960,689 |