Chamber Of Commerce Inc Raeford-Hoke
- Assets
- $58.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raeford, NC
- Founding
- 00/0000
- Data as of
- 12/2016
- EIN
- 56-0654020
Organization Overview
Chamber Of Commerce Inc Raeford-Hoke is located in Raeford, NC. The organization was established in 0000. 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. Chamber Of Commerce Inc Raeford-Hoke 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 12/2016, Chamber Of Commerce Inc Raeford-Hoke generated $30.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $29.1k during the year ending 12/2016. 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
2016
Describe the Organization's Program Activity:
Part 3
TO PROMOTE BUSINESS AND INDUSTRY IN HOKE COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Lynch Exec Sec | 24 | $22,500 | |
Daphene Dudley President | 5 | $0 | |
Sharon Burney 2nd Vice President | 2 | $0 | |
Catherine Sheppard Secretary | 2 | $0 | |
Theresa Byrd 1st Vice President | 2 | $0 | |
Betty Smith Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,953 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,451 |
| Other Revenue | $0 |
| Total Revenue | $30,423 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,220 |
| Professional fees and other payments to independent contractors | $275 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,470 |
| Other expenses | $3,103 |
| Total expenses | $29,068 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,729 |
| Other assets | $0 |
| Total assets | $58,729 |
| Total liabilities | $687 |
| Net assets or fund balances | $58,042 |
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