Robertson County Chamber Of Commerce
- Assets
- $476.0k
- Revenue
- $274.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Springfield, TN
- Founding
- 03/1982
- Data as of
- 03/2021
- EIN
- 62-0439193
Organization Overview
Robertson County Chamber Of Commerce is located in Springfield, TN. The organization was established in 1982. 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 03/2021, Robertson County Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robertson 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 03/2021, Robertson County Chamber Of Commerce generated $274.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $223.6k during the year ending 03/2021. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 7 years. 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
TO PROVIDE AN ENVIRONMENT WHERE BUSINESS AND RESIDENTS GROW IN ECONOMIC PROSPERITY, ENJOY A VIBRANT COMMUNITY AND VALUE THE SENSE OF PLACE WHICH MAKES ROBERTSON COUNTY UNIQUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF BUSINESS, TOURISM AND COMMERCE IN SPRINGFIELD ROBERTSON COUNTY, TENNESSEE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Osborne Chamber President | Officer | 40 | $68,200 |
Randy Davis Chair | Officer | 1 | $0 |
Jason Otts Secretary | Officer | 1 | $0 |
Jason Venczel Past Chair | Officer | 1 | $0 |
James Wade Vice Chair | Officer | 1 | $0 |
Scott Bagwell Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $248,505 |
| 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 | $25,229 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $274,139 |
| Statement of Expenses | |
|---|---|
| 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. | $68,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,842 |
| Payroll taxes | $8,801 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,594 |
| Information technology | $3,452 |
| Royalties | $0 |
| Occupancy | $18,305 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,776 |
| Insurance | $6,603 |
| All other expenses | $0 |
| Total functional expenses | $223,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,077 |
| Savings and temporary cash investments | $24,205 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $476,032 |
| Accounts payable and accrued expenses | $8,396 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $49,891 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $58,287 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $417,745 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Robertson County Chamber Of Commerce has recieved totaling $14,800.
| Awarding Organization | Amount |
|---|---|
Nmc Services Inc Springfield, TN PURPOSE: TO FURTHER EXEMPT PURPOSE OF ROBERTSON COUNTY | $12,600 |
Jacqueline D Guthrie Foundation Springfield, TN PURPOSE: CONTRIBUTION | $2,200 |
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 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
Air-Conditioning Heating And Refrigeration Institute Arlington, VA | $58,066,234 | $32,390,159 |
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 |