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 12/2021, Vinton Chamber Of Commerce Inc generated $139.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $127.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PRODUCED AN EVENT, WHICH SUPPORTED BY INDIVIDUALS AND BUSINESSES, EVERY MONTH DURING THE 2018 FISCAL YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michelle Barklow Director | 5 | $0 | |
John Conner Director | 1 | $0 | |
Richard Turner Director | 1 | $0 | |
Paige Stovall Second VP | 1 | $0 | |
Tim Greenway Director | 1 | $0 | |
Kat Pascal Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,665 |
Total Program Service Revenue | $75,451 |
Membership dues | $46,345 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,790 |
Other Revenue | $682 |
Total Revenue | $139,121 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $54,464 |
Professional fees and other payments to independent contractors | $1,488 |
Occupancy, rent, utilities, and maintenance | $5,777 |
Printing, publications, postage, and shipping | $3,028 |
Other expenses | $62,553 |
Total expenses | $127,310 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $15,003 |
Other assets | $0 |
Total assets | $60,226 |
Total liabilities | $2,262 |
Net assets or fund balances | $57,964 |
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