Roanoke Regional Chamber Of Commerce Foundation is located in Roanoke, VA. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roanoke Regional Chamber Of Commerce Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Roanoke Regional Chamber Of Commerce Foundation generated $43.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.6% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ROANOKE REGIONAL CHAMBER OF COMMERCE FOUNDATION IS A SUPPORTING ORGANIZATION FOR THE ROANOKE REGIONAL CHAMBER OF COMMERCE THAT IS OPERATED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Francis President | 0 | $0 | |
Webster Day Vice President | 0 | $0 | |
Ken Randolph Director | 0 | $0 | |
Terry Jamerson Director | 0 | $0 | |
Eric Sichau Treasurer | 0 | $0 | |
Kay Dunkley Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,343 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $792 |
| Total Revenue | $43,135 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $42,428 |
| Total expenses | $42,840 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,460 |
| Other assets | $0 |
| Total assets | $46,960 |
| Total liabilities | $39,546 |
| Net assets or fund balances | $7,414 |