Patrick County Chamber Of Commerce Incorporated
- Assets
- $118.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stuart, VA
- Founding
- 09/1977
- Data as of
- 12/2022
- 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 12/2022, Patrick County Chamber Of Commerce Incorporated generated $117.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $55.9k during the year ending 12/2022. 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
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 | $20,533 | |
Chris Lester President | 0 | $0 | |
Matthew Ratliff Vice President | 0 | $0 | |
Laura Clark Secretary | 0 | $0 | |
Lisa Martin Treasurer | 0 | $0 | |
Justin Adams Board Of Directors | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,850 |
| Total Program Service Revenue | $0 |
| Membership dues | $29,051 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $45,569 |
| Other Revenue | $2,290 |
| Total Revenue | $117,056 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $25,813 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,360 |
| Occupancy, rent, utilities, and maintenance | $8,372 |
| Printing, publications, postage, and shipping | $252 |
| Other expenses | $18,136 |
| Total expenses | $55,933 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,592 |
| Other assets | $0 |
| Total assets | $118,492 |
| Total liabilities | $1,168 |
| Net assets or fund balances | $117,324 |