Southern Kentucky Chamber Of Commerce Inc
- Assets
- $92.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corbin, KY
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 27-0825308
Organization Overview
Southern Kentucky Chamber Of Commerce Inc is located in Corbin, KY. The organization was established in 2009. 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. Southern Kentucky 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, Southern Kentucky Chamber Of Commerce Inc generated $127.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $110.4k during the year ending 12/2021. While expenses have increased by 2.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CHAMBER WAS ORGANIZED IN ORDER TO PROVIDE WORKSHOPS, LUNCHEON MEETINGS, AND OVERALL ASSISTANCE TO THEIR MEMBERS BY KEEPING THEM INFORMED OF CURRENT EVENTS, LAW CHANGES THAT AFFECT THEIR BUSINESSES AND ALSO PROVIDING THEIR MEMBERS WITH A VENUE TO NETWORK WITH OTHER BUSINESS PROFESSIONALS. THEY ALSO SUPPORT EDUCATIONAL PROGRAMS THROUGHOUT SOUTHERN KENTUCKY IN ORDER TO PROVIDE A MORE EDUCATED WORKFORCE TO THE AREA BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trent Knuckles President | 2 | $0 | |
Heather Barrineau Vice President | 2 | $0 | |
Anthony Powers Board Member | 2 | $0 | |
Greg Razmus Board Member | 2 | $0 | |
Jackie Willis Board Member | 2 | $0 | |
Tommy Black Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $47,845 |
| Investment income | $48 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $79,541 |
| Other Revenue | $0 |
| Total Revenue | $127,434 |
| 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 | $10,337 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $100,025 |
| Total expenses | $110,362 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,003 |
| Other assets | $0 |
| Total assets | $92,597 |
| Total liabilities | $0 |
| Net assets or fund balances | $92,597 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southern Kentucky Chamber Of Commerce Inc has recieved totaling $8,994.
| Awarding Organization | Amount |
|---|---|
Baptist Healthcare System Inc Louisville, KY PURPOSE: General Support | $8,994 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $168,414,298 | $101,751,321 |
International Code Council Inc Country Club Hills, IL | $173,275,221 | $89,069,791 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
American Property Casualty Insurance Association Chicago, IL | $156,045,230 | $59,541,606 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
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 |