Wilson Commerce Foundation is located in Wilson, NC. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Wilson 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, Wilson Commerce Foundation generated $39.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $32.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BUSINESS DEVELOPMENT THROUGH CHAMBER EXECUTIVE COMMITTEE & WILSON LEADERSHIP DEVELOPMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ryan Simons Executive Di | 10 | $0 | |
Carletha Ward Chairman | 10 | $0 | |
Todd Anderson Past Chairma | 10 | $0 | |
Tim Sharp Treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,249 |
Total Program Service Revenue | $27,084 |
Membership dues | $0 |
Investment income | $336 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $493 |
Total Revenue | $39,162 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $32,694 |
Total expenses | $32,694 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $51,687 |
Other assets | $0 |
Total assets | $51,687 |
Total liabilities | $0 |
Net assets or fund balances | $51,687 |