Jackson Area Chamber Of Commerce Foundation Inc
- Assets
- $89.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, TN
- Founding
- 05/2002
- Data as of
- 01/2022
- EIN
- 02-0549530
Organization Overview
Jackson Area Chamber Of Commerce Foundation Inc is located in Jackson, TN. The organization was established in 2002. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jackson Area Chamber Of Commerce Foundation Inc 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 01/2022, Jackson Area Chamber Of Commerce Foundation Inc generated $1.7k 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 (10.9%) each year. All expenses for the organization totaled $9.0k during the year ending 01/2022. 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
COMPLETED LEADERSHIP UNIVERSITY PROGRAM, A LEADERSHIP AND COMMUNITY AWARENESS PROGRAM FOR 11TH GRADE SUDENTS IN JACKSON-MADISON COUNTY. CONTINUED PARTNERS EDUCATION PROGRAM WITH APPROXIMATELY 180 AREA BUSINESSES WORKING IN PARTNERSHIPS WITH JACKSON-MADISON COUNTY SCHOOLS. PROVIDED SUPPORT FOR WEST TN BUSINESS RESOURCE CENTER TO ASSIST SMALL AND MINORITY OWNED BUSINESSES AT NO CHARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Gist Director | 0 | $0 | |
Kyle Spurgeon President & | 0 | $0 | |
Curtis Mansfield Secretary Tr | 0 | $0 | |
Jimmy Harris Director | 0 | $0 | |
Jim Ferrell 1st Vice Cha | 0 | $0 | |
Ben Ferguson Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,714 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,714 |
| 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 | $3,875 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,100 |
| Total expenses | $8,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,196 |
| Other assets | $0 |
| Total assets | $89,709 |
| Total liabilities | $0 |
| Net assets or fund balances | $89,709 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jackson Area Chamber Of Commerce Foundation Inc has recieved totaling $17,700.
| Awarding Organization | Amount |
|---|---|
West Tennessee Healthcare Foundation Jackson, TN PURPOSE: $6,000 FOR SCHOLARSHIP FUND, $10,000 FOR FORWARD JACKSON 2.0, $1,700 FOR LEADERSHIP JACKSON | $17,700 |