Monticello-Wayne County Chamber Of Commerce is located in Monticello, KY. The organization was established in 1995. 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. Monticello-Wayne County 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 03/2024, Monticello-Wayne County Chamber Of Commerce generated $76.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (19.5%) each year. All expenses for the organization totaled $86.9k during the year ending 03/2024. 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
THE CHAMBER PROMOTES THE AREA AND THE BUSINESS COMMUNITY OF MONTICELLO-WAYNE COUNTY KENTUCKY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brittany Guffey President | 40 | $0 | |
Charity Ramsey Director | 1 | $0 | |
Suzanna Powell Vice President | 40 | $0 | |
Sam Brown Director | 1 | $0 | |
Charles Peters Director | 1 | $0 | |
Scott Upchurch Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,804 |
| 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 | $76,804 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,380 |
| Professional fees and other payments to independent contractors | $763 |
| Occupancy, rent, utilities, and maintenance | $2,640 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,149 |
| Total expenses | $86,932 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,545 |
| Other assets | $0 |
| Total assets | $107,545 |
| Total liabilities | $1,932 |
| Net assets or fund balances | $105,613 |