Eden Chamber Of Commerce Inc is located in Eden, NC. The organization was established in 1960. 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. Eden 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, Eden Chamber Of Commerce Inc generated $123.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $86.4k 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
THE EDEN CHAMBER OF COMMERCE, INC. IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE AGRICULTURAL, CIVIC, COMMERCIAL, AND INDUSTRIAL INTERESTS OF THE CITY AND ITS ENVIRONMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kimberly Thompson Hairston Chairperson | 2 | $0 | |
Tony Edwards Past Chairpe | 2 | $0 | |
Ashley Latham Secretary/tr | 1 | $0 | |
Andrea Fox Membership D | 0.5 | $0 | |
Randy Hunt Economic Dev | 0.5 | $0 | |
Cindy Adams Economic Dev | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
Total Program Service Revenue | $44,776 |
Membership dues | $57,352 |
Investment income | $70 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $892 |
Total Revenue | $123,090 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $30,805 |
Professional fees and other payments to independent contractors | $1,703 |
Occupancy, rent, utilities, and maintenance | $7,187 |
Printing, publications, postage, and shipping | $817 |
Other expenses | $45,849 |
Total expenses | $86,361 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $94,349 |
Other assets | $0 |
Total assets | $137,084 |
Total liabilities | $28,629 |
Net assets or fund balances | $108,455 |