Mountain Lakes Chamber Of Commerce

Organization Overview

Mountain Lakes Chamber Of Commerce is located in Scottsboro, AL. The organization was established in 1978. 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, Mountain Lakes Chamber Of Commerce employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Lakes 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, Mountain Lakes Chamber Of Commerce generated $784.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $835.5k during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CHAMBER OF COMMERCE

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHAMBER OF COMMERCE - GENERAL & TOURISM


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$94,882
Fundraising events$0
Related organizations$0
Government grants $128,874
All other contributions, gifts, grants, and similar amounts not included above$555,644
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$779,400
Total Program Service Revenue$0
Investment income $128
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $5,113
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $784,641

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mountain Lakes Chamber Of Commerce has recieved totaling $25,000.

Awarding OrganizationAmount
Tides Foundation

San Francisco, CA

PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES

$25,000
View Grant Recipient Profile

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