Farmville Area Chamber Of Commerce
- Assets
- $102.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmville, VA
- Founding
- 02/1996
- Data as of
- 07/2024
- EIN
- 54-1785415
Organization Overview
Farmville Area Chamber Of Commerce is located in Farmville, VA. The organization was established in 1996. 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. Farmville Area Chamber Of Commerce 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 07/2024, Farmville Area Chamber Of Commerce generated $113.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $102.3k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Tyler Paulek Director | 40 | $44,000 | |
Jen Carne Chairman | 5 | $0 | |
Ken Copeland Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $69,808 |
| Investment income | $1,013 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $43,066 |
| Other Revenue | $0 |
| Total Revenue | $113,887 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,442 |
| Professional fees and other payments to independent contractors | $1,719 |
| Occupancy, rent, utilities, and maintenance | $16,688 |
| Printing, publications, postage, and shipping | $414 |
| Other expenses | $16,076 |
| Total expenses | $102,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,929 |
| Other assets | $0 |
| Total assets | $102,929 |
| Total liabilities | $3,087 |
| Net assets or fund balances | $99,842 |