Fayette County Chamber Of Commerce Inc
- Assets
- $139.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerville, TN
- Founding
- 04/1980
- Data as of
- 12/2021
- EIN
- 62-1062101
Organization Overview
Fayette County Chamber Of Commerce Inc is located in Somerville, TN. The organization was established in 1980. 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. Fayette County 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 12/2021, Fayette County Chamber Of Commerce Inc generated $172.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $169.5k during the year ending 12/2021. While expenses have increased by 13.0% 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina M Glover Director | 40 | $45,457 | |
Virginia Brandhorst Administrative Manager | 40 | $10,766 | |
Shannon Cotter Secretary | 3 | $0 | |
Laurie Scott Vice President | 3 | $0 | |
Belinda Webb Treasurer | 5 | $0 | |
Betty K Salmon Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,496 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $192 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $87,492 |
| Total Revenue | $172,180 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $88,906 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,094 |
| Printing, publications, postage, and shipping | $843 |
| Other expenses | $72,614 |
| Total expenses | $169,457 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,241 |
| Other assets | $0 |
| Total assets | $139,251 |
| Total liabilities | $3,773 |
| Net assets or fund balances | $135,478 |
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 |