Southern Kentucky Chamber Of Commerce Inc
- Assets
- $131.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corbin, KY
- Founding
- 11/2009
- Data as of
- 12/2022
- 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 12/2022, Southern Kentucky Chamber Of Commerce Inc generated $115.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $76.9k 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
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 |
|---|---|---|---|
Randy Bargo President | 2 | $0 | |
Heather Barrineau Vice President | 2 | $0 | |
Lisa Harrison Board Member | 2 | $0 | |
Trent Knuckles Board Member | 2 | $0 | |
Anthony Powers Board Member | 2 | $0 | |
Samantha Schuhmann Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $52,840 |
| Investment income | $59 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $62,585 |
| Other Revenue | $0 |
| Total Revenue | $115,484 |
| 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 | $1,150 |
| Occupancy, rent, utilities, and maintenance | $11,718 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $63,999 |
| Total expenses | $76,867 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,592 |
| Other assets | $0 |
| Total assets | $131,214 |
| Total liabilities | $0 |
| Net assets or fund balances | $131,214 |