Eden Chamber Of Commerce Inc
- Assets
- $97.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eden, NC
- Founding
- 04/1960
- Data as of
- 12/2021
- EIN
- 56-0616780
Organization Overview
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 12/2021, Eden Chamber Of Commerce Inc generated $103.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $62.0k during the year ending 12/2021. 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
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jr Cecil Past Chairpe | 0.5 | $0 | |
Kimberly Thompson Hairston Edu.developm | 0.5 | $0 | |
Mike Dougherty Economic Dev | 0.5 | $0 | |
Pete Baker Director | 0.25 | $0 | |
Tony Edwards Chairman | 2 | $0 | |
Casey Vincent Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,530 |
| Total Program Service Revenue | $7,318 |
| Membership dues | $82,896 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,152 |
| Total Revenue | $103,910 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,828 |
| Professional fees and other payments to independent contractors | $1,665 |
| Occupancy, rent, utilities, and maintenance | $9,395 |
| Printing, publications, postage, and shipping | $1,715 |
| Other expenses | $20,401 |
| Total expenses | $62,004 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,507 |
| Other assets | $0 |
| Total assets | $97,810 |
| Total liabilities | $26,140 |
| Net assets or fund balances | $71,670 |
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