Greater Augusta Regional Chamber Of Commerce Foundation
- Assets
- $17.5k
- Revenue
- $47.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Fishersville, VA
- Founding
- 02/1984
- Data as of
- 12/2023
- EIN
- 52-1318588
Organization Overview
Greater Augusta Regional Chamber Of Commerce Foundation is located in Fishersville, VA. The organization was established in 1984. 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 Augusta Regional Chamber Of Commerce Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Greater Augusta Regional Chamber Of Commerce Foundation generated $47.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $42.6k during the year ending 12/2023. While expenses have increased by 9.0% per year over the past 9 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.
Since 2015, Greater Augusta Regional Chamber Of Commerce Foundation has awarded 123 individual grants totaling $210,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED 1,000/500 COLLEGE SCHOLARSHIPS TO COLLEGES AND UNIVERSITIES FOR 25 HIGH SCHOOL ACADEMIC SCHOLARS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Journell Chair | 4 | $0 | |
Allison Bagley Immediate Pa | 2 | $0 | |
Kevin Ratliff Chair-Elect | 2 | $0 | |
Aimee Rose Secretary | 2 | $0 | |
Leonard Pittman Treasurer | 2 | $0 | |
Courtney Thompson President & | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $27,700 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,175 |
| Total Revenue | $47,875 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,247 |
| Total operating and administrative expenses | $19,582 |
| Contributions, gifts, grants paid | $23,000 |
| Total expenses and disbursements | $42,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,538 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,538 |
| Accounts payable and accrued expenses | $74 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $74 |
Grants Awarded
Over the last fiscal year, Greater Augusta Regional Chamber Of Commerce Foundation has awarded $23,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGEWATER COLLEGE PURPOSE: SCHOLARSHIP | $1,000 |
BLUE RIDGE COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $2,000 |
COLORADO CHRISTIAN UNIVERSITY PURPOSE: SCHOLARSHIP | $1,000 |
EMORY & HENRY COLLEGE PURPOSE: SCHOLARSHIP | $1,000 |
GEORGE MASON UNIVERSITY PURPOSE: SCHOLARSHIP | $1,000 |
LYNCHBURG COLLEGE PURPOSE: SCHOLARSHIP | $1,000 |