Cleveland-Bradley Chamber Of Commerce
- Assets
- $1.1m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 14
- Location
- Cleveland, TN
- Founding
- 05/1945
- Data as of
- 12/2021
- EIN
- 62-0162970
Organization Overview
Cleveland-Bradley Chamber Of Commerce is located in Cleveland, TN. The organization was established in 1945. 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. As of 12/2021, Cleveland-Bradley Chamber Of Commerce employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cleveland-Bradley 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, Cleveland-Bradley Chamber Of Commerce generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUSINESS DEVELOPMENT OF MEMBERS, ECONOMIC GROWTH OF THE REGION, AND THE HIGHEST QUALITY OF LIFE FOR THE OCOEE REGION OF TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS DEVELOPMENT OF MEMBERS, ECONOMIC GROWTH OF THE REGION, AND THE HIGHEST QUALITY OF LIFE FOR THE OCOEE REGION OF TENNESSEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Griffin President & | OfficerTrustee | 40 | $105,413 |
Brad Benton Treasurer | OfficerTrustee | 1 | $0 |
Dewayne Thompson Chairman | OfficerTrustee | 1 | $0 |
Mike Thomasson Imm. Past Ch | OfficerTrustee | 1 | $0 |
Cameron Fisher Membership D | OfficerTrustee | 1 | $0 |
Steve Hartline Public Affai | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $723,122 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $733,122 |
| Total Program Service Revenue | $463,298 |
| Investment income | $499 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$195 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,443,932 |
| 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 | $689,674 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $84,223 |
| Payroll taxes | $53,973 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $139 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,893 |
| Advertising and promotion | $0 |
| Office expenses | $45,421 |
| Information technology | $5,653 |
| Royalties | $0 |
| Occupancy | $43,869 |
| Travel | $11,928 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,104 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,339 |
| Insurance | $4,870 |
| All other expenses | $1,814 |
| Total functional expenses | $1,137,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $538,658 |
| Savings and temporary cash investments | $433,456 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $143,183 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,115,297 |
| Accounts payable and accrued expenses | $13,160 |
| Grants payable | $0 |
| Deferred revenue | $80,771 |
| 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 | $93,931 |
| Net assets without donor restrictions | $1,046,427 |
| Net assets with donor restrictions | -$25,061 |
| 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 | $1,115,297 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cleveland-Bradley Chamber Of Commerce has recieved totaling $150.
| Awarding Organization | Amount |
|---|---|
Bob And Susan Card Charitable Foundation Cleveland, TN PURPOSE: OPERATING FUNDS | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Aerospace Industries Association Of America Inc Arlington, VA | $34,239,387 | $18,520,879 |
Motor & Equipment Manufacturers Association Research Triangle Park, NC | $37,966,318 | $17,239,678 |
Gwinnett Convention And Visitors Bureau Inc Duluth, GA | $29,610,598 | $21,705,089 |
National Biodiesel Board Jefferson City, MO | $12,011,947 | $15,134,555 |