Association Of Chamber Of Commerce Executives Inc
- Assets
- $5.1m
- Revenue
- $3.3m
- Investments
- $488.1k
- Employees
- 28
- Location
- Alexandria, VA
- Founding
- 10/1975
- Data as of
- 03/2023
- EIN
- 52-1022025
Organization Overview
Association Of Chamber Of Commerce Executives Inc, operating under the name Acce, is located in Alexandria, VA. The organization was established in 1975. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 03/2023, Acce employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acce 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 03/2023, Acce generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $3.2m during the year ending 03/2023. While expenses have increased by 1.7% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SERVING CHAMBER OF COMMERCE EXECUTIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFORMATION: ACCE HELPS MEMBERS STAY AHEAD OF TRENDS AND ISSUES, CONSTANTLY ADVISING CHAMBERS ABOUT BETTER WAYS TO SERVE THEIR COMMUNITIES AND EMPLOYERS IN REGIONS ACROSS THE US AND CANADA. RECENTLY, THE ORGANIZATION HAS INCREASED THE FLOW OF INFORMATION ON POLICIES, ISSUES, ECONOMIC DEVELOPMENT OPPORTUNITIES AND REGULATORY COMPLIANCE. CONSTANTLY INCREASING THE QUANTITY, QUALITY AND SPEED OF INFORMATION DELIVERED TO CHAMBERS ENSURES THAT ALL THOSE WHO LEAD SUCH ORGANIZATIONS CAN IMPROVE THE QUALITY OF LIFE AND PROSPERITY OF THE REGIONS THEY SERVE.
SOLUTIONS: CREATING WORKABLE, PRACTICAL MEMBER-ORIENTED SOLUTIONS TO CHAMBER ORGANIZATIONAL CHALLENGES MAY INCLUDE CHOOSING THE RIGHT RETIREMENT PLAN, CHOOSING MEMBERSHIP MANAGEMENT SOFTWARE, OR RUNNING AN EFFECTIVE BOARD RETREAT. A CADRE OF TRUSTED PROFESSIONAL PARTNERS, CAREFULLY SELECTED GROUP PURCHASE OPTIONS, AND INDUSTRY ADVICE ON CHOICES AND PRODUCTS FOR CHAMBER MANAGEMENT AS WELL AS DIRECT RESPONSES TO SPECIFIC NEEDS ALLOWS ACCE TO ENABLE INDIVIDUAL CHAMBERS TO SUSTAIN AND IMPROVE THEIR OPERATIONS.
PROFESSIONAL DEVELOPMENT: ACCE'S PROFESSIONAL DEVELOPMENT INITIATIVES ARE DESIGNED AROUND AN INTERNATIONALLY ACCEPTED BODY OF KNOWLEDGE. PROGRAMMING IS CONCENTRATED ON SENIOR LEADERSHIP AND THOSE WHOSE POSITIONS INVOLVE DECISION-MAKING FOR DEPARTMENTS WITHIN THEIR ORGANIZATIONS. CURRICULUM COVERAGE FOR ALL CHAMBER DISCIPLINES IS AN ESSENTIAL PART OF EDUCATION PROGRAMS, WITH NEW COMPONENTS AIMED AT ECONOMIC DEVELOPMENT, GOVERNMENT RELATIONS AND EVEN MANAGEMENT IN THE FUTURE. WE ARE FORGING NEW RELATIONSHIPS WITH STATE AND REGIONAL ASSOCIATIONS OF CHAMBER LEADERS IN ORDER TO EXPAND OUR REACH AND ENSURE VIABLE AUDIENCES.
NETWORK: PEER-TO-PEER PRODUCTS AND PROGRAMS WHICH PLACE AN EMPHASIS ON KNOWLEDGE TRANSFER THROUGH PEER GROUPS ARE KEY TO THE ACCE NETWORK. ADJUSTMENTS IN THE TECHNOLOGY, STYLE AND DURATION OF PEER GROUPS ALLOWS NATIONAL CONNECTIONS TO BE MAINTAINED. THROUGH THE GROWING POWER OF OUR ANNUAL CONVENTION, AS WELL AS AN ONGOING SHARED BRANDING INITIATIVE AND REVAMPED AWARDS PROGRAMS, OUR NETWORK PROVIDES INVALUABLE KNOWLEDGE TO MEMBERS. TECHNOLOGY ALLOWS FOR GLOBAL LINKAGES AMONG MEMBERS, WITH NEW COMMUNITY-BUILDING TOOLS AVAILABLE THROUGH OUR EXPANDING WEB-BASED RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheree Anne Kelly President & CEO | OfficerTrustee | 40 | $470,944 |
Christy Gillenwater Chair | OfficerTrustee | 1 | $0 |
Carlos Phillips Chair-Elect | OfficerTrustee | 1 | $0 |
Chip Cherry Immediate Past Chair | OfficerTrustee | 1 | $0 |
Alisha Benson Treasurer | OfficerTrustee | 1 | $0 |
Natalie English Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $105,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,000 |
| Total Program Service Revenue | $3,101,129 |
| Investment income | $54 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,302,865 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $660,119 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $341,171 |
| Pension plan accruals and contributions | $208,106 |
| Other employee benefits | $375,571 |
| Payroll taxes | $83,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $43,838 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $207,042 |
| Advertising and promotion | $32,971 |
| Office expenses | $65,082 |
| Information technology | $8,611 |
| Royalties | $0 |
| Occupancy | $74,110 |
| Travel | $82,390 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $719,640 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $89,097 |
| Insurance | $23,315 |
| All other expenses | $0 |
| Total functional expenses | $3,233,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,074 |
| Savings and temporary cash investments | $1,578,756 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,255 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $207,804 |
| Net Land, buildings, and equipment | $128,988 |
| Investments—publicly traded securities | $1,544,794 |
| Investments—other securities | $488,074 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $886,543 |
| Total assets | $5,123,288 |
| Accounts payable and accrued expenses | $272,712 |
| Grants payable | $0 |
| Deferred revenue | $1,122,479 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $441,860 |
| Total liabilities | $1,837,051 |
| Net assets without donor restrictions | $3,286,237 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,123,288 |