Vinton Chamber Of Commerce Inc
- Assets
- $68.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vinton, VA
- Founding
- 01/1958
- Data as of
- 12/2022
- EIN
- 54-0543122
Organization Overview
Vinton Chamber Of Commerce Inc is located in Vinton, VA. The organization was established in 1958. 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. Vinton 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, Vinton Chamber Of Commerce Inc generated $158.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $151.2k during the year ending 12/2022. While expenses have increased by 0.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PRODUCED AN EVENT, WHICH SUPPORTED BY INDIVIDUALS AND BUSINESSES, EVERY MONTH DURING THE 2018 FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Finney 1st Vice President | 5 | $0 | |
Michelle Barklow Director | 5 | $0 | |
Brad Grose Mayor | 1 | $0 | |
Richard Turner Director | 1 | $0 | |
Angie C Chewning Executive Director | 40 | $0 | |
Kathryn S Sowers Executive Assistant | 24 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,625 |
| Total Program Service Revenue | $119,996 |
| Membership dues | $22,666 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $799 |
| Total Revenue | $158,894 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,370 |
| Professional fees and other payments to independent contractors | $275 |
| Occupancy, rent, utilities, and maintenance | $17,492 |
| Printing, publications, postage, and shipping | $1,554 |
| Other expenses | $72,521 |
| Total expenses | $151,212 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,807 |
| Other assets | $0 |
| Total assets | $68,316 |
| Total liabilities | $2,670 |
| Net assets or fund balances | $65,646 |