Cornelia Hospitality & Tourism Board Inc

Organization Overview

Cornelia Hospitality & Tourism Board Inc is located in Cornelia, GA. 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. Cornelia Hospitality & Tourism Board 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, Cornelia Hospitality & Tourism Board Inc generated $89.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $80.7k during the year ending 12/2022. While expenses have increased by 7.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTION OF TOURISM AND ECONOMIC DEVELOPMENT FOR THE CITY OF CORNELIA AND PROVIDING BUSINESS TRAINING AND SEMINARS FOR LOCAL BUSINESS LEADERS AND OWNERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TOURISM PROMOTION AND MARKETING


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Board, Officers & Key Employees

Name (title)Compensation
Donald Anderson
City Manager
$0
Stan Crump
President
$0
Kimberly Reed
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $78,226
All other contributions, gifts, grants, and similar amounts not included above$10,077
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$88,303
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $958
Miscellaneous Revenue$0
Total Revenue $89,261

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