Greater Rosewood Merchants Association
- Assets
- $54.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 04/2011
- EIN
- 27-4058425
Organization Overview
Greater Rosewood Merchants Association is located in Columbia, SC. The organization was established in 2011. 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. Greater Rosewood Merchants Association 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 undefined, Greater Rosewood Merchants Association generated $183.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $201.0k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 8 years. 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
Describe the Organization's Program Activity:
Part 3
ROSEWOOD CRAWFISH FESTIVAL:THE ROSEWOOD CRAWFISH FESTIVAL PROVIDES A UNIQUE OPPORTUNITY TO SHINE A LIGHT ON THE GROWING ROSEWOOD DISTRICT. THIS EVENT BRINGS THOUSANDS OF PEOPLE TO THE AREA WHO ARE EXPOSED TO THE AREAS' BUSINESSES AND UNIQUE CHARM. OVER HALF OF THE ATTENDEES ARE TOURISTS WHO RETURN EVERY YEAR FOR THE EVENT AND SPEND MONEY WITH LOCAL BUSINESSES. FURTHER, THE MONEY RAISED BY THE EVENT IS USED FOR COMMUNITY IMPROVEMENT INITIATIVES INCLUDING THE FUNDING OF ONGOING CLEANUP OF THE AREA AND LANDSCAPING PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Marcom Chairman | 5 | $0 | |
Michael Bank Vice Chairman | 5 | $0 | |
Lauren Taylor Treasurer | 5 | $0 | |
Tracy Smalls Secretary | 5 | $0 | |
Andrew Imbeau Director | 3 | $0 | |
Elnora Hubbard Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,116 |
| Total Program Service Revenue | $124,187 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,228 |
| Total Revenue | $183,531 |
| Statement of Expenses | |
|---|---|
| Total expenses | $200,987 |
| Balance Sheet | |
|---|---|
| Total assets | $54,815 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,815 |