Patrick County Chamber Of Commerce Incorporated
- Assets
- $58.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stuart, VA
- Founding
- 09/1977
- Data as of
- 12/2021
- EIN
- 54-1054284
Organization Overview
Patrick County Chamber Of Commerce Incorporated is located in Stuart, VA. The organization was established in 1977. 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. Patrick County Chamber Of Commerce Incorporated 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, Patrick County Chamber Of Commerce Incorporated generated $88.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $60.6k during the year ending 12/2021. While expenses have increased by 0.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZATION PROVIDES OFFICE AND STAFF FOR PROMOTION OF COUNTYBUSINESSES AND INDUSTRY. ALSO PROVIDES PUBLIC RELATIONSFUNCTIONS ON BEHALF OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Adcock Executive Director | 32 | $22,200 | |
Roger Conner President | 0 | $0 | |
Chris Lester Vice President | 0 | $0 | |
Matilda Hunsicker Treasurer | 0 | $0 | |
Laura Clark Secretary | 0 | $0 | |
Justin Adams Board Of Directors | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,897 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,502 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,932 |
| Other Revenue | $4,045 |
| Total Revenue | $88,534 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,080 |
| Professional fees and other payments to independent contractors | $2,046 |
| Occupancy, rent, utilities, and maintenance | $3,770 |
| Printing, publications, postage, and shipping | $954 |
| Other expenses | $26,720 |
| Total expenses | $60,570 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,005 |
| Other assets | $0 |
| Total assets | $58,005 |
| Total liabilities | $1,804 |
| Net assets or fund balances | $56,201 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Patrick County Chamber Of Commerce Incorporated has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Martin Fillmore Clark Sr Family Foundation Inc Stuart, VA PURPOSE: PROVIDED FUNDS FOR STAFF CHRISTMAS BONUSES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Iron And Steel Institute Washington, DC | $8,995,281 | $11,889,127 |
Helicopter Association International Inc Alexandria, VA | $38,045,658 | $4,215,283 |
Association Of American Publishers Inc Washington, DC | $3,482,089 | $6,511,300 |
American Resorts & Residential Dev Washington, DC | $15,913,625 | $10,097,639 |
Touchstone Energy Cooperative Inc Arlington, VA | $11,702,200 | $9,798,586 |
International Zinc Association Durham, NC | $9,583,285 | $9,824,037 |
Financial Services Institute Inc Washington, DC | $15,307,729 | $9,484,774 |
Association For Unmanned Vehicle Systems International Arlington, VA | $11,175,966 | $8,710,398 |
American Urologigal Association Inc Linthicum Heights, MD | $11,900,601 | $8,448,831 |
Reinsurance Association Of America Washington, DC | $8,490,929 | $8,536,934 |
Intermodal Association Of North America Inc Calverton, MD | $29,793,038 | $11,206,056 |
340b Health Washington, DC | $25,548,585 | $9,750,586 |